What You'll Do

In this role you will learn the various team rotations including reconciliation, transactions, daily journal and pricing of mutual funds. The work includes research, analytics and communication with both internal and external partners for the mutual funds. In addition, performing day-to-day fund accounting activities including calculating and reporting the daily net asset value, verifying trades and transactions, balancing cash and position holdings, reviewing and closing exceptions, and resolving discrepancies. In addition, you will compile information for monthly and quarterly reporting and semi-annual and annual audits. As a Fund Accountant I, you're responsible for ensuring all activities performed are completed in compliance with established regulatory and internal control procedures and guidelines!

This position is also a great way to advance your career. As a growing company with over 16,000 employees around the world, Principal offers a lot of ways for you to learn more, earn more and achieve more.

• Competitive pay, benefits, perks and more. We’ll reward you for the skills and experience you have.

• Respect for your unique perspective. Diversity, inclusion and empowerment are at the core of our culture.

• A career, not just a job. Principal is a place where you can learn and innovate. Do important work. Make an impact. And achieve your professional goals.

• The ability to have a phenomenal job and a phenomenal life . Sure, work is important. But so is your family. And your friends. And your community. That’s why we provide the flexibility needed to find the right balance between your job and the rest of your life.

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 Finance or equivalent required; strong preference towards a bachelor's degree in Accounting with exposure to finance or other analytical course work

• 1+ years of relevant experience preferred

• Previous internship working in related field preferred

• Demonstrated analytical, problem solving, time management, interpersonal and communication skills is required

Skills That Will Help You Stand Out

• Detail oriented, able to maintain a high degree of accuracy, meet established deadlines, able to balance multiple tasks and prioritize optimally

• Self-starter, and have good customer service skills

• Ability to build and maintain strong working relationships and effectively communicate with internal and external contacts

• Experience with Word and Excel

• Ability to learn systems and applications used within the firm

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)

$27.40 - $32.45 / hour

Time Off Program

Personal Time Off (PTO) is provided to hourly (non-exempt) employees and provides a set amount of accrued time earned each pay period. Employees can use their PTO for vacation, personal or short-term illness.

Pension Eligible

No

Additional Information

Work Environments

This role offers in-office and hybrid (blending at least three office days in a typical workweek) work arrangements. You’ll work with your leader to figure out which option may align best based on several factors.

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 (https://www.uscis.gov/working-in-the-united-states/temporary-nonimmigrant-workers) and Green Card for Employment-Based Immigrants (https://www.uscis.gov/green-card/green-card-eligibility/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 (https://www.principal.com/about-us/careers) 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

4/23/2024

Most Recently Posted Date

5/7/2024