Director, Middle Office Accounting Operations - Asset Management

What You'll Do

Principal Financial Group is seeking a Director, Middle Office Accounting Operations - Asset Management! The Director will lead the day-to-day operations of one or more investment operations functions within Principal Asset Management. Partner with leadership to develop, implement, and manage strategies, policies, and procedures that drive operational excellence, support growth, and ensure compliance.

Key Responsibilities :

• Provide leadership and direction for assigned investment operations areas, ensuring alignment with business objectives.
• Oversee execution of strategies, policies, and plans, setting clear expectations and measurable outcomes.
• Monitor performance, adjust priorities as needed, and hold teams accountable for results.
• Partner with stakeholders to develop proactive, globally aligned plans that consider cultural and geographic differences.
• Collaborate across the organization and with external partners to enhance processes, resolve complex issues, and share best practices.
• Lead, coach, and develop staff, fostering a culture of ownership, teamwork, and continuous improvement.
• Make sound, timely business decisions with consideration for global and ethical implications.
• Promote a risk-aware culture through proactive problem-solving and root cause analysis.

Skills that help you stand out :

Who You Are

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)

$137000 - $185000 / 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

No

Work Environments

This role offers in-office, hybrid (blending at least three office days in a typical workweek) in our Des Moines, Iowa corporate office or Chicago / New York. We will consider relocation as part of the offer. We will consider candidates within driving distance who are able to come in office multiple times a week.

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

8 / 26 / 2025

Most Recently Posted Date

11 / 17 / 2025

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