Job Description
Job description
What You'll Do:
We’re looking for a Fund Accounting Analyst to join our Investment Accounting team. In this role, you’ll be responsible for performing day-to-day fund accounting activities for a group of assigned funds including calculating and reporting the NAV, reconciling cash and position holdings, reviewing and closing exceptions, and resolving discrepancies. Incumbent may be asked to assist in monthly reporting requirements and answer ad hoc questions.
Perform monthly fund accounting activities for a group of assigned funds. Partner with fund administrators to execute timely and accurate NAV calculation of funds which includes accounting for purchases, sales, income accruals and expenses, to ensure timely and accurate reporting. Perform cash and position holdings reconciliations. Research and clear discrepancies in a timely manner through clear communication with senior team members as needed.
Review identified exception affecting accounting records and prices and assist senior team members as needed to close them. Ensure activities are completed in compliance with internal control procedures and guidelines.
Identify opportunities and solutions to improve workflow, procedures and processes with a focus on increasing efficiency and accuracy and eliminating pain points; present ideas to the team and if supported, communicate (verbally and via written documentation) changes. Take initiative to research new situations that arise and communicate findings/learnings with the team; develop documentation where appropriate.
Prepare monthly, quarterly, and annual reporting. Provide detailed follow-up responses to internal and external parties when additional information is required.
Perform other job-related duties or special projects as required.
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 or equivalent required, plus two or more years of relevant work experience
Strong preference towards candidates with a bachelor’s degree in accounting with previous experience in fund accounting
Knowledge of the investment market, securities and related accounting principles
Ability to learn systems and applications used within the firm required; proficiency with system and applications strong preferred
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 - $77+00 / 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 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.
and
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 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…
What You'll Do:
We’re looking for a Fund Accounting Analyst to join our Investment Accounting team. In this role, you’ll be responsible for performing day-to-day fund accounting activities for a group of assigned funds including calculating and reporting the NAV, reconciling cash and position holdings, reviewing and closing exceptions, and resolving discrepancies. Incumbent may be asked to assist in monthly reporting requirements and answer ad hoc questions.
Perform monthly fund accounting activities for a group of assigned funds. Partner with fund administrators to execute timely and accurate NAV calculation of funds which includes accounting for purchases, sales, income accruals and expenses, to ensure timely and accurate reporting. Perform cash and position holdings reconciliations. Research and clear discrepancies in a timely manner through clear communication with senior team members as needed.
Review identified exception affecting accounting records and prices and assist senior team members as needed to close them. Ensure activities are completed in compliance with internal control procedures and guidelines.
Identify opportunities and solutions to improve workflow, procedures and processes with a focus on increasing efficiency and accuracy and eliminating pain points; present ideas to the team and if supported, communicate (verbally and via written documentation) changes. Take initiative to research new situations that arise and communicate findings/learnings with the team; develop documentation where appropriate.
Prepare monthly, quarterly, and annual reporting. Provide detailed follow-up responses to internal and external parties when additional information is required.
Perform other job-related duties or special projects as required.
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 or equivalent required, plus two or more years of relevant work experience
Strong preference towards candidates with a bachelor’s degree in accounting with previous experience in fund accounting
Knowledge of the investment market, securities and related accounting principles
Ability to learn systems and applications used within the firm required; proficiency with system and applications strong preferred
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 - $77+00 / 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 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.
and
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 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…
💡 Quick Summary
Seeking a career-building opportunity? The Fund Accounting Analyst| Investment Accounting position is now open for candidates interested in the Accountant Jobs sector. This role in Des Moines offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.
