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Principal Associate Accountant in Des Moines, Iowa

We are seeking an Associate Accountant to join our Real Estate Accounting and Reporting team. The Associate Accountant is involved in all aspects of the real estate investment cycle from acquisition to disposition. A person in this role will have the opportunity to work on a diverse commercial real estate portfolio which holds operating properties as well as developments.

Critical thinking, analytical skills and communication are key in this position. With minimal oversight, the Associate Accountant will work with internal and external parties to ensure accurate and timely financial reporting for their portfolio of properties.

This position will:

  • Be responsible for monthly reviews of property-level financial statements including:

  • Actual-Budget variance analysis

  • Equity transactions

  • Debt payments

  • Supporting schedules for current asset and current liability accounts

  • Communicate with external property management companies to ensure timely and accurate reporting of property financial data

  • Analyze, research and communicate findings of review to property or fund controllers

  • Prepare and/or approve monthly bank reconciliations

  • Prepare and record journal entries for property acquisitions, dispositions and debt financing transactions

  • Assist in analyzing, establishing and documenting efficient procedures to ensure data integrity and timely reporting

  • Review property annual budgets

  • Prepare schedules and reports for auditors and tax preparers


  • Bachelor's degree in accounting or finance or equivalent experience required

  • Critical thinking, process improvement, strong communication skills, agility, and self-motivation are key.

  • 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.

$46600 - $63700 / year

Work Environment

This role offers the ability for in-office and hybrid (blending both office and remote work in a typical workweek) work arrangements. You’ll work with your leader to determine which option may align best based on several factors.

Work Authorization/Sponsorship

At this time, we're not considering candidates 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.

https://www.uscis.gov/working-in-the-united-states/temporary-nonimmigrant-workers and https://www.uscis.gov/green-card/green-card-eligibility/green-card-for-employment-based-immigrants

Investment Code of Ethics

For Principal Global Investors 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

While our expertise spans the globe, we're bound by one common purpose: to foster a world where financial security is accessible to all. And our success depends on the unique experiences, backgrounds, and talents of our employees – individually and all of us together. Explore our core values, benefits and why we’re an exceptional place to grow your career.

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.

Requisition ID: 2022-34682

Enterprise Segment: PGI

Business Area: PGI Real Estate

External Company Name: Principal Financial Group

Street: 711 High Street

FLSA Status: Exempt