Associate, Fund Tax

@ Principal Financial Group

Overview

The Associate, Fund Tax at Principal Financial Group is responsible for performing day-to-day fund tax accounting activities for mutual funds and other investment entities. This role involves reviewing holdings and income, running reports for analysis, calculating dividend and capital gain distributions, and assisting with financial statement audits.

Key Responsibilities

• Review and analyze fund holdings and income reports.
• Calculate dividend and capital gain distributions.
• Assist with mutual fund tax compliance including asset diversification and gross income testing.
• Prepare and review US and foreign tax filings.
• Coordinate with external auditors and service providers.
• Support financial statement tax information and audit processes.

About Principal Financial Group

Operating at the intersection of financial services and technology, Principal builds financial tools that help customers live better lives. With a 140+ year history, the firm is purpose-led, emphasizing mission, integrity, and customer focus.

Who You Are

The ideal candidate holds a bachelor’s degree (preferably in accounting) or equivalent experience, has regulatory investment company exposure and strong analytical as well as communication skills. Experience with Microsoft Office and the ability to learn new systems is required. Detail orientation, time management, and the ability to establish strong working relationships are essential.

Work Environment & Compensation

This role offers flexible work arrangements including in-office, hybrid (at least three days a week in the office), and remote (if residing more than 30 miles from Des Moines, IA). The targeted base salary ranges from $67,500 to $147,600 per year, with additional bonus opportunities for non-sales roles.

Key skills/competency

• Fund Tax
• Tax Compliance
• Accounting
• Financial Analysis
• Auditing
• Regulatory Compliance
• Microsoft Office
• Data Analysis
• Reporting
• Communication