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Assistant Financial Director

3 months ago

Des Moines, Iowa, United States Principal Financial Group Full time
What You'll Do

We're looking for an Assistant Financial Director to join our corporate finance team. In this role, you'll lead a team along with the financial planning and analysis activities for Principal's Information Technology ("IT") shared services. You'll be responsible for planning, forecasting, budgeting and delivery of analysis and insights in consultation with technology community and finance leadership. This role enables management to identify and act on investment and expense optimization opportunities while making sound financial decisions.

You'll have the opportunity to:
  • Analyze IT, finance, Human Resources and external data sources to provide insights into IT spending, project costs and resource allocation while providing insights to IT and finance leadership in a clear, actionable and data-driven manner
  • Collaborate with IT leaders to develop budgets and forecasts for technology projects, infrastructure upgrades, software licenses, and maintenance
  • Consult on appropriate allocation methodologies for IT costs, while partnering with finance teams on implementation and analysis of business unit financial implications
  • Evaluate proposed IT investments by assessing financial impacts, and alignment with strategic goals. Create financial models to simulate different investment and business scenarios
  • Develop an understanding of IT strategic success factors, priorities, and key performance indicators while ensuring financial implications are understood by various audiences
  • Collaborate with Sourcing and IT teams to manage vendor contracts, negotiate pricing and assess vendor performance and risk
  • Participate in IT strategic planning sessions and consult with IT, finance and business leadership to ensure alignment with financial goals while advocating for investments that enhance efficiency, innovation, and competitive advantage
  • Foster a collaborative relationship between finance and IT teams enabling informed decisions
  • Provide leadership for all financial activities and projects. Direct workflow to ensure the timely and accurate preparation of financial information and reports
  • Initiate opportunities to provide technical and business expertise to technology leadership
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
  • Strong management and organizational skills including the ability to select, train, coach, develop and motivate team members
  • Skilled in collaborating with a variety of partners, including outside consultants and vendors, with ability to influence others without formal authority
  • Strong skills in communicating with all levels of the organization and easily translating complex topics for others to understand
  • Demonstrates the ability to embrace and understand the change process, and effectively guides others through change
Skills That Will Help You Stand Out
  • Bachelor's degree in accounting or finance
  • 8+ years of finance experience
  • Managing financial planning & analysis for a technology department or function with experience in capacity planning, forecasting, budgeting, etc.
  • Strong knowledge and proficiency with spreadsheet and database or similar PC software packages
  • Advanced analytical thinking, descriptive statistics and consultation ability, and problem-solving mindset
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)

$ $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

Yes
Additional Information

Work Environments

This role offers an in-office and hybrid (blending at least three office days in a typical workweek) work arrangement in Des Moines, IA.

Job Level

We'll consider talent at the next level (Financial Director) with the right experiences and skills.

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

5/17/2024
Most Recently Posted Date

5/17/2024

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