Operations Accountant IV

What You'll Do

We're looking for an Operations Accountant IV to join our Principal Custody Solutions (PCS) team! This role is client facing facilitating onboarding of new business, bringing records up to our standards setting the clients up for success! In this role you'll accurately balance and correct financial transactions in customer accounts as needed and maintain appropriate supporting documentation. At this level you'll be responsible for more complex problems and act as a subject matter expert on some topics.

• Use in-depth knowledge and experience to independently perform review of customer trust accounting using accounting analysis techniques.
• Build relationships and communicate with internal and external personnel including senior staff, administration, outside vendors and/or industry contacts.
• Lead or actively participate in large and/or advanced projects, new initiatives, process reviews and system enhancements. Serve as a mentor, technical trainer, and resource to junior or less tenured team members.

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 required
• 4+ years relevant accounting experience
• Solid analytical, problem solving, interpersonal, time management, planning, decision making, and communication skills required
• Strong attention to detail and accuracy
• Basic proficiency with key MS Office programs (Word, Excel, Outlook, OneNote, Teams) and/or system skills required
• Success in this position requires a strong client service orientation, the ability to work under pressure in a deadline driven, team-based environment and the ability to produce accurate and timely results
• Must be able to handle multiple, increasingly complex tasks, by prioritizing effectively and being flexible as business needs change
• Must have the ability to take initiative, be a self-starter and work independently
• Communication with customer staff and outside auditors as required

Skills That Will Help You Stand Out

• Knowledge of SEI Trust3000 and FIS InvestOne reporting systems.
• Experience in custody operations or related field preferred

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

$82500 - $111100 / 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

Yes

Additional Information

Work Environments

This role offers in-office, and hybrid (blending at least three office days in a typical workweek), work arrangements in our Minneapolis, MN office. 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.

Date First Posted (TTF)

4/8/2025

Latest Post Date: Careers - US

4/8/2025