What You'll DoAre 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 Investors6 business as a Sr Associate Investment Accountant. In this role, you6ll join a highly collaborative environment and provide analytical accounting support for real estate portfolios. The Sr Associate Investment 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 asset managers 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 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 audits
- Prepare schedules and information to assist external tax preparers with partnership tax returns
Who You Are
- Bachelor's degree in accounting or finance or equivalent experience required
- 2+ years of accounting experiene required
- CPA or other applicable certifications preferred
- 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
- The ideal candidate will demonstrate a strong ability to navigate complex challenges while actively contributing to the continuous improvement of our team6s operations
Skills That Will Help You Stand Out
- Experience in Public Accounting is preferred
- Experience or exposure to real estate or investment accounting
Salary Range InformationSalary 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$73150 - $95000 / year
Time Off ProgramFlexible 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 don6t accrue a bank of time off under FTO and there is no set number of days provided.
Pension EligibleYes
Additional Information
Principal Asset Management is the global investment solutions business for Principal Financial Group4 (Nasdaq: PFG), managing $740 billion in assets including $102.2 billion in real estate assets, and over 60 years of experience our comprehensive, specialized capabilities across all four quadrants of commercial real estate-private equity, public equity, public debt, and private debt gives us a unique perspective on real estate space and capital markets. Principal Asset Management has been recognized as a 7Best Places to Work in Money Management8 for 14 consecutive years! Check us out ata0www.principalam.com!
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Work Environments
This role offers in-office, hybrid (blending at least three office days in a typical work week) from Des Moines, IA.
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Work Authorization/Sponsorship
At this time, we6re 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 Workersa0anda0Green Card for Employment-Based Immigrants
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Investment Code of Ethics
For Principal Asset Management positions, you6ll 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.
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Experience Principal
At Principal, we value connecting on both a personal and professional level. Together, we6re imagining a more purpose-led future for financial services 6 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 oura0careers sitea0to learn more about our purpose, values and benefits.
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Posting WindowWe 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)9/11/2026
Latest Post Date: Careers - US9/11/2026
