Senior Associate Accountant- Real Estate - Principal Financial Group

What You'll Do:

We’re looking for a Senior Associate Accountant to join our Real Estate team. Are you interested in building a career that blends your passions for Real Estate and Accounting? If so, consider joining Principal's Finance and Accounting team supporting our Real Estate Investor’s business as a Senior Associate Accountant. In this role, you’ll join a highly collaborative environment and provide analytical accounting support for asset portfolios.

You’ll work on portfolios of commercial Real Estate investments. This Senior Associate Accountant is involved in all aspects of the Real Estate investment cycle, from property acquisition to ongoing oversight and reporting, to disposition. This position works closely with third party property managers and Real Estate teams to ensure compliance with Generally Accepted Accounting Principles (GAAP). Below are few examples of responsibilities:

• Prepare and record journal entries for property acquisitions, dispositions, and financing in accordance with US GAAP.
• Review real estate financial statements in compliance with internal controls and other established procedures
• Interact regularly with the Real Estate Asset and Portfolio Management teams as well as third-party property managers to establish annual budgets, provide explanations, data, and support for property performance
• Analyze variances at an investment level between actual results and the annual budgets
• Provide documented support auditors for annual US GAAP fund audits
• Prepare schedules and information to assist external tax preparers with partnership and REIT tax returns as well as quarterly REIT testing preparation

 

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:

• Minimum of 2 years' experience
• CPA or other applicable certifications preferred
• Experience working with partnership income tax returns, including Schedule K-1, partnership basis and capital accounts, special allocations and applicable partnership adjustments would be beneficial but not required.
• Bachelor's degree in accounting or finance or equivalent experience required
• Critical thinking, process improvement, strong communication skills, agility, and self-motivation are key.
• Success Profile: The successful candidate will demonstrate self-awareness, a desire for ongoing self-development and be comfortable interacting at various levels of the organization.
• Additionally, the preferred candidate will be thoughtful and support our team's operational improvement activities.

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:$57000 - $95950 / yearTime 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:YesAdditional Information:

Job Level

We’ll consider talent at the next level with the right experiences and skills. 

 

Work Environments

This role offers an in-office and hybrid (blending at least three office 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.Date First Posted (TTF):9/24/2024Latest Post Date: Careers - US:9/24/2024