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Principal Financial Group · 3 hours ago

Associate Accountant (Tax Withholding & Reporting)

Des Moines, IA

Full-time

Hybrid

New Grad, Entry Level

$24.20/hr - $32.42/hr

Principal Financial Group is a trusted leader in financial services and technology, dedicated to making financial security accessible to all. They are seeking a detail-oriented Associate Accountant (Tax Withholding & Reporting) to support U.S. tax compliance related to customer payments, ensuring accurate withholding and payment of tax deposits to federal and state governments.

Financial ServicesInsurance

No H1B

Responsibilities

Monitor deposit schedules and thresholds to maintain compliance and prevent penalties

Reconcile withholding amounts with payments and filed returns

Prepare and file periodic customer withholding returns (e.g., Forms 1042, 1099-related)

Prepare and file periodic tax returns (e.g., Forms 941, 945, state filings)

Review and validate data from business units, government agencies, and team members for accuracy

Resolve discrepancies and assist in responding to tax authority notices

Ensure accurate integration between ERP systems and tax platforms

Support system updates and process improvements to enhance accuracy and efficiency

Partner with Accounting, Treasury, Legal, IT, and Business Units to ensure correct tax treatment, documentation, and process alignment

Support internal audits and compliance reviews related to withholding

Qualification

Tax complianceTax return preparationOneSourceMasterTaxExcelAnalytical skillsAttention to detailContinuous learning

Required

Bachelor's degree in accounting or finance or equivalent experience required

Partners with colleagues across global time zones, with standard office hours beginning at 6:00 AM CST

This position may require successful completion of a criminal background check

Preferred

Attention to detail: Demonstrates strong accuracy in data management, tax calculations, and financial reporting

Analytical and compliance expertise: Proven ability to interpret rules and regulations, identify discrepancies, recommend compliant solutions, and effectively prioritize tasks to consistently meet filing and remittance deadlines

Intermediate Excel & data analysis: Proficient in using excel including, PivotTables, and related functions to analyze, interpret, and summarize complex datasets

Continuous learning: Actively stays up to date on evolving tax laws, regulations, and industry best practices

Benefits

Personal Time Off (PTO) is provided to hourly (non-exempt) employees and provides a set amount of accrued time earned each pay period.

Employees can use their PTO for vacation, personal or short-term illness.

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

https://www.principalam.com/

Funding

Current Stage

Late Stage

Leadership Team

Dan Houston

President and CEO

Liliana (Lil) Waters, CPA, FLMI

CFO – US Distribution

Recent News

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Company data provided by crunchbase