Senior Accounting Analyst- Finance

What You'll Do

We’re looking for a Senior Accounting Analyst to join our Retirement & Income Solutions External Financial Reporting team. In this role, you’ll be responsible for leading key parts of the monthly financial close and reporting process. You’ll also have responsibilities associated with our internal controls, including those SOX related. RIS is the flagship business unit for Principal and in the initial stages of a multi-year transformation journey to modernize and streamline processes and systems. The External Financial Reporting team is responsible for the US GAAP & Statutory financials, multiple regulatory filings, application of emerging guidance, as well as SOX controls and reporting. This role requires strong collaboration across the team, with business partners, and with peers in other business units. The role will involve working directly with the Sr. Director- Accounting & Finance and the Chief Accounting Officer of RIS as well as other leaders in the department and throughout Principal’s accounting community. The ideal candidate will enjoy the opportunity to participate in and lead projects, challenge the status quo and search for opportunities to leverage innovation for efficiencies.

 

 

Here are few examples of the kinds of things you’ll do:

• Provide leadership of monthly financial reporting for certain products, including providing accounting and reporting support for new products and systems.
• Compliance and Controls: assist in the development and implementation of frameworks associated with financial and operational controls, such as those related to Sarbanes-Oxley. Work with business leadership to help establish control structures along with processes to monitor compliance and effectiveness of operational controls in line with the organization's risk management framework. Assess the appropriateness and completeness of key risks and help implement and evaluate the operating effectiveness of controls. Escalate issues and drive necessary collaboration for control deficiency remediation plans.
• Projects: assists with the design and implementation of systems, process changes and ad-hoc control reviews to ensure the accounting and control. Coordinate and carry out testing to ensure the system or process is operating as intended. Escalate any findings/variances/issues as needed. Identify and implement operational excellence projects and be a change agent for transformation initiatives.
• Develop and maintain relationships with business unit leadership and process owners, corporate liaisons, RIS Finance leadership, and external auditors on internal control matters.
• Perform other duties or essential functions as needed.

 

 

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 or equivalent experience required.
• 6 years of relevant accounting experience required.
• CPA or other applicable certifications strongly preferred.
• Big 4 Public Accounting auditing experience is ideal.
• Insurance industry knowledge preferred but not required.
• A self-starter must also have excellent communication and collaboration skills.
• Ability to document processes, risks, and controls is highly desired.
• Prior knowledge of financial statement preparation including its link with administration or other supporting systems is preferred.
• Experience with various general ledger and reporting tools such as Peoplesoft, Excel, Dodeca SmartView and Black Line is highly desired.

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)

$106400 - $144400 / 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
Additional Information

Work Environments

This role offers an in-office and hybrid (blending at least four 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.
Original Posting Date

2/28/2025
Most Recently Posted Date

2/28/2025

Salary : $106,400 - $144,400