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What You'll Do

We are looking for an Operations Analyst to join our Commercial Real Estate (CRE) Operations Teams. In this role you will be responsible for providing timely and efficient support for the regional equity team!

Accountabilities include:

• Review, analyze, identify and abstract terms and conditions of lease, lease-related documents and other contracts.

• Review, analyze, process and monitor construction contracts, compared with terms of lease. Review and oversee the construction draw request process - note budget variances and other discrepancies to engineers and development managers.

• Monitor and enforce property operational policies and procedures performed by third party property managers as they relate to regulatory, lender, client and internal requirements. Work with asset manager, senior operations manager, engineer or financial management.

• Monitor and approve payment requests from third party vendors following the review and verification of substantiating documentation.

• Responsible for accuracy and reconciliation of property occupancy, lease absorption and other commercial management data and reporting. Produce reports as needed and assist senior team members with client reporting needs.

Who You Are

• Bachelor's degree in a business-related field or equivalent.

• 1+ years of experience, internship included, preferably in a real estate related position.

• Validated relationship building skills.

Skills That Will Help You Stand Out

• Ability to interact with various departments and levels of management.

• Work effectively with peers across regional teams and able to assume their responsibilities as needed during absences.

• Handle large volume of work and prioritize appropriately.

• Strong organizational skills and ability to effectively deal with a broad range of diverse real estate topics and many internal and external contacts.

• Self-starter with ability to work independently and with little direction.

• MRI, Yardi or other real estate database software knowledge helpful.

• Knowledge of Word, Excel and other basic programs.

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)

$23.29 - $31.51 / 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

Location

This role will be based out of our World Headquarters located in Des Moines, IA.

Work Environments

This role offers the ability for in-office or hybrid (blending both office and remote work 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 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.

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

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 (https://www.principal.com/about-us/careers#core-values) , benefits (https://www.principal.com/about-us/careers#benefits) and why we’re an exceptional place (https://www.principal.com/about-us/careers#reputation) 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.

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

6/7/2024

Most Recently Posted Date

6/7/2024