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Principal Financial Group · 2 months ago

Assistant Director-Advanced Solutions

Raleigh, North Carolina

Full-time

Hybrid

Director/Executive

$123K/yr - $167K/yr

7+ years exp

Principal Financial Group is a trusted leader in financial services, dedicated to making financial security accessible to all. The Assistant Director of Advanced Solutions will provide critical support on complex tax, accounting, and regulatory topics for business and executive benefits programs, while also monitoring legislative and regulatory matters.

Financial ServicesInsurance

No H1B

Responsibilities

Provide analysis and recommendations on highly complex fact patterns related to Internal Revenue Code Section 409A and 457 including the assistance of IRS corrections procedures

Respond promptly and accurately to customer inquiries regarding payroll topics, accounting treatment, and regulatory reporting. This includes the tax reporting of contributions, distributions, FICA, and SEC reporting related to nonqualified deferred compensation plans

Monitor legislative, regulatory, accounting and tax related activity. Provide insight to business unit management, develop communication materials, and deliver messaging to wholesalers, producers and existing clients

Draft, design and condense sophisticated subject matter topics into relevant, understandable and action-oriented communications for participants, employer, and internal staff

Maintain and provide the highest level of expertise in tax, accounting, and legal matters

Participate in strategic planning and policy development for the area. Work with and through other departments to provide effective solutions and systems

Qualification

CPA designationInternal Revenue Code knowledgeNonqualified benefits programsFINRA Series 6 registrationTax planning knowledgeStrategic planningCommunication skills

Required

Bachelor's degree in Finance, Accounting, or Business

CPA designation and 7+ years related experience

Understanding of nonqualified benefits programs and familiarity with the relevant Internal Revenue Code sections, including 409A and 457

Must understand the sales process and comprehensive knowledge of state and federal laws relating to tax planning and insurance as well as an appreciation of product features and market trends

FINRA Series 6 registration is required or must be obtained within 18 months of employment. Must meet firm standards for registration within applicable jurisdictions

This position may be subject to SEC restrictions on personal political contributions

Preferred

Industry designations (eg CLU, ChFC, CFP, FLMI), or progress towards

Benefits

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

Company

Principal Financial Group

Glassdoor3.9

Principal Financial Group® is dedicated to improving the wealth and well-being of people and businesses around the world—helping more than 62M customers plan, protect, invest, and retire as of December 31, 2023.

Founded in 1879

Des Moines, Iowa, USA

10001+ employees