Principal Senior Accountant in Des Moines, Iowa
Principal is hiring a Senior Accountant to play a key role in the implementation of new insurance accounting guidance (also known as LDTI) as part of the actuarial modernization project. This role provides a unique opportunity for someone to find innovative solutions to drive the success of this high priority initiative.
Key responsibilities of this role include:
Help design and build financial reporting processes to move data from the updated actuarial systems into financial reporting tools
Work with Corporate Accounting and business unit accountants on LDTI journal entry process for dry/test runs and recast
Assist with design and build post-implementation process for recording journal entries (prior to possible ARE/ERP project)
Provide support for populating, evaluating and editing new disclosures in our financial reports during implementation
Assist with presenting updated solutions and recommendations to key stakeholders
Help prepare and deliver LDTI training materials to accounting peers and other stakeholders throughout the organization
Coordinate various aspects of the LDTI implementation with stakeholders across business units, ensuring work is performed by established deadlines
Perform other tasks such as simple policy updating, tracking immaterial departures, taking meeting notes/minutes, etc.
Own process of accumulating, sharing and saving governance materials
Bachelor's degree in accounting or finance or equivalent experience plus 6-8 years of relevant experience required
CPA or other applicable certifications preferred
Data management experience or understanding preferred
Project management skills
Communication skills and experience presenting to key stakeholders required
Basic understanding of insurance accounting principles and ability to interpret technical guidance highly preferred
At this time, we're not considering candidates that need any type of immigration sponsorship now or in the future or those needing work authorization for this role. (This includes, but is not limited to students on F1-OPT, F1-CPT, J-1, etc.)
Investment Code of Ethics
For Principal Global Investors 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.
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, benefits and why we’re an exceptional place 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.
Requisition ID: 2021-30428
Business Area: Corporate Risk
External Company Name: Principal Financial Group
Street: 711 High Street
FLSA Status: Exempt