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Principal Financial Group Assistant Director-Accounting- Real Estate in Des Moines, Iowa

What You'll Do

We’re looking for an Assistant Director – Accounting – Real Estate to help lead our Private Debt fund reporting area. In this role, you’ll partner with the business on strategic direction and decision making as well as delivering valuable financial reporting, vendor relationship building, and regulatory filings!

  • Responsible for development and maintaining of relationships with various partner vendors providing systems solutions, valuation services, leverage, and audit services.

  • Assess accounting and tax implication during structuring of investments and fund structures.

  • Prepare and present financial reports and analysis to the team, and senior management.

  • Provide hands on guidance and management to the portfolio management, finance, and operations teams supporting the private funds including reporting, analysis, recommendations, and presentations.

  • Assist in fundraising efforts including diligence sessions with current and potential clients.

  • Assist with new client structures and fund formation activities across multiple functions.

  • Establish and maintain credit/leverage facilities for structures with leverage. Specific responsibilities include modeling and compliance with leverage facility vendors.

  • Coordinate audit, tax, and regulatory matters as required across various fund structures.

  • Coordinate providing financials and related/required information on a timely basis to fund administrators, valuation service providers, and other vendors. Ensure outsourced functions are implemented and functioning appropriately.

  • Lead the financial reporting activities required to meet all regulatory reporting requirements, including SEC reporting.

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 experience

  • 8+ years of relevant experience required

  • CPA or other applicable certifications preferred

Skills That Will Help You Stand Out

  • Financial Audit experience

  • Real Estate background and private fund reporting, including SEC filing, is a strong plus

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)

$123000 - $150000 / 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


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 ( 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


Most Recently Posted Date