Senior Investment Accounting, Private Funds NAV Expert

Principal Financial Group; Des Moines (IA); Hybrid; USD 73,000 - 100,000; Full time

Job summary

Principal Financial Group in Des Moines, IA is seeking a Senior Associate Accountant to join our Investment Accounting team supporting PAC. You will apply GAAP knowledge and accounting expertise to tackle complex issues, interact with portfolio management, underwriting, and finance staff, and independently research sophisticated accounting decisions.

This role involves month-end close, NAV calculations with fund administrators, governance framework development, and preparation of investor

Qualifications

• Bachelor's degree in accounting or finance is required.
• 2+ years relevant accounting experience.
• Understanding basic accounting principles and the ability to interpret financial statements.
• Detail oriented, independent, deadline-driven with strong research skills.
• Ability to learn systems and applications used within the firm.

Responsibilities

• Apply sophisticated accounting analysis in accordance with GAAP and regulatory guidance; handle month-end processes.
• Coordinate NAV calculations with fund administrators and ensure accurate reporting.
• Serve as SME; design and test new processes or systems; escalate issues as needed.
• Assist with new client structures and PAC fund formation activities across functions.
• Develop governance frameworks, monitor controls, and participate in external audits.
• Produce recurring investor reports and respond to ad hoc investor requests.

Skills

GAAP knowledge

Interpreting financial statements

Accounting research

Attention to detail

Education

Bachelor's degree in accounting or finance

Tools

Allvue

PAM

Alterx

Job description

Principal Financial Group in Des Moines, IA is seeking a Senior Associate Accountant to join our Investment Accounting team supporting PAC. You will apply GAAP knowledge and accounting expertise to tackle complex issues, interact with portfolio management, underwriting, and finance staff, and independently research sophisticated accounting decisions.

This role involves month-end close, NAV calculations with fund administrators, governance framework development, and preparation of investor