What You'll Do We’re looking for a Senior Associate to join our Investment Accounting team. In this role, you'll be responsible for performing investment accounting and reporting activities across various investment strategies and asset classes. This position collaborates with asset management and servicing, portfolio managers, investment operations, risk, compliance, tax, internal/external auditors, and technology teams to support robust reporting and control practices. Investment Accounting & Financial Reporting Perform intermediate-level investment accounting activities, including analytics on property financials, trade capture, income accruals, valuation, and basic consolidations for various asset types including equities, fixed income, and basic structured products Prepare monthly, quarterly, and annual reports Contribute to internal management reporting and assist with external reporting requirements May apply U.S. GAAP principles and ensure compliance with basic regulatory requirements Work with senior team members to understand accounting implications of investment strategies Project Management & System Implementation Participate in system testing and implementation projects Help develop automated solutions for reporting and reconciliations Conduct user acceptance testing (UAT) and document business requirements Compliance, Controls, and Risk Management Execute established internal control procedures Support risk mitigation strategies Prepare and organize audit documentation and reconciliations Cross-Functional Collaboration & Business Support Coordinate with other teams to ensure accurate treatment of investment data Provide basic technical guidance on accounting impacts of investment vehicles Perform routine analysis related to investment performance and reporting Continuous Improvement & Strategic Insight Keep current with accounting standards and regulations Suggest improvements to existing processes Operating at the intersection of financial services and technology, Principal builds financial tools that help our customers live better lives. We take pride in being a purpose-led firm, motivated by our mission to make financial security accessible to all. Our mission, integrity, and customer focus have made us a trusted leader for more than 140 years! Who You Are Bachelor’s degree in Accounting, Finance, or related field or equivalent work experience Minimum of 2 + years of relevant accounting experience in financial services preferred Working knowledge of common investment products and strategies Experience with investment accounting systems(PAM) Proficient in Excel; knowledge of basic reporting tools Excellent communication and analytical skills Detail-oriented with demonstrated ability to manage multiple priorities This position may require successful completion of a criminal background check Salary Range Information Salary ranges below reflect targeted base salaries. Non-sales positions have the opportunity to participate in a bonus program. Sales positions are eligible for sales incentives, and in some instances a bonus plan, whereby total compensation may far exceed base salary depending on individual performance. Actual compensation for all roles will be based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer. Salary Range (Non-Exempt expressed as hourly; Exempt expressed as yearly) $71250 - $95950 / year Time Off Program Flexible Time Off (FTO) is provided to salaried (exempt) employees and provides the opportunity to take time away from the office with pay for vacation, personal or short-term illness. Employees don’t accrue a bank of time off under FTO and there is no set number of days provided. Pension Eligible Yes Work Environments This role offers an in-office and hybrid (blending at least three days in a typical workweek) work arrangement in Des Moines, IA. Work Authorization/Sponsorship At this time, we're not considering applicants that need any type of immigration sponsorship (additional work authorization or permanent work authorization) now or in the future to work in the United States. This includes, but IS NOT LIMITED TO: F1-OPT, F1-CPT, H-1B, TN, L-1, J-1, etc. For additional information around work authorization needs please use the following links. Nonimmigrant Workers and Green Card for Employment-Based Immigrants Investment Code of Ethics For Principal Asset Management positions, you’ll need to follow an Investment Code of Ethics related to personal and business conduct as well as personal trading activities for you and members of your household. These same requirements may also apply to other positions across the organization. Experience Principal At Principal, we value connecting on both a personal and professional level. Together, we’re imagining a more purpose-led future for financial services – and that starts with you. Our success depends on the unique experiences, backgrounds, and talents of our employees. And we support our employees the same way we support our customers: with comprehensive, competitive benefit offerings crafted to protect their physical, financial, and social well-being. Check out our careers site to learn more about our purpose, values and benefits. Principal is an Equal Opportunity Employer All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status. Posting Window We will accept applications for 3 full days following the Original Posting Date, after which the posting may remain open or be removed based upon applications received. If we choose to post the job again, we will accept additional applications for at least 1 full day following the Most Recently Posted Date. Please submit applications in a timely manner as there is no guarantee the posting will be available beyond the applicable deadline. Original Posting Date 10/1/2025 Most Recently Posted Date 10/1/2025