Financial Accountant II Salary at Principal Financial Services Inc BETA

How much does a Principal Financial Services Inc Financial Accountant II make?

As of March 2025, the average annual salary for a Financial Accountant II at Principal Financial Services Inc is $82,861, which translates to approximately $40 per hour. Salaries for Financial Accountant II at Principal Financial Services Inc typically range from $75,713 to $90,092, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Principal Financial Services Inc Overview

Website:
principal.com
Size:
15,000 - 50,000 Employees
Revenue:
$10B - $50B
Industry:
Insurance

Principal Financial Group, Inc. provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide. It operates through Retirement and Income Solutions, Principal Global Investors, Principal International, and U.S. Insurance Solutions segments. The Retirement and Income Solutions segment provides a portfolio of asset accumulation products and services, including retirement savings and income. It offers products and services for defined contribution pension plans, including 401(k) and 403(b) plans, defined benefit pension plans, nonqualified executive benefit plans, and employee stock ownership plans; individual retirement accounts and payroll deduction plans; investment-only products; and annuities, mutual funds, and bank products. The Principal Global Investors segment provides equity, fixed income, real estate, and other alternative investments, as well as asset allocation, stable value management, and other structured investment strategies. The Principal International segment offers pension accumulation and income annuity products, mutual funds, asset management, and life insurance accumulation products, as well as voluntary savings plans in Brazil, Chile, China, Hong Kong Special Administrative Region, India, Mexico, and Southeast Asia. The U.S. Insurance Solutions segment provides specialty benefits consisting of group dental and vision insurance, individual and group disability insurance, and group life insurance; and individual life insurance products comprising universal and variable universal life insurance, and term life insurance, as well as non-medical fee-for-service claims administration services in the United States. It also provides insurance solutions for small and medium-sized businesses and their owners, as well as executives. Principal Financial Group, Inc. was founded in 1879 and is based in Des Moines.

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What Skills Does a person Need at Principal Financial Services Inc?

At Principal Financial Services Inc, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Accounting: Creating financial statements and reports based on the summary of financial and business transactions.
  2. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  3. General Ledger: Creating and keeping track of business transactions and activities to monitor financial operations.
  4. Accounts Payable: Accounts payable (AP) is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.
  5. Financial Statements: Obtaining and creating formal records of business activities and cash flows to provide results for financial performance.

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Check more jobs information at Principal Financial Services Inc

Job Title Average Principal Financial Services Inc Salary Hourly Rate
2 Vendor Specialist $84,770 $41
3 Vice Principal $111,991 $54
4 Wealth Advisor $76,076 $37
5 Wealth Planner $91,050 $44
6 Zone Manager $217,621 $105
7 Maintenance Engineer $112,968 $54
8 Manager $128,248 $62
9 Manager I, Operations $133,135 $64
10 Manager, Brand & Content $136,134 $65
11 Manager, Claims Team $144,966 $70
12 Manager, Client Onboarding $101,357 $49
13 Manager, Community Development $149,064 $72

Hourly Pay at Principal Financial Services Inc

The average hourly pay at Principal Financial Services Inc for a Financial Accountant II is $40 per hour. The location, department, and job description all have an impact on the typical compensation for Principal Financial Services Inc positions. The pay range and total remuneration for the job title are shown in the table below. Principal Financial Services Inc may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $82,861 look to you?

FAQ about Salary and Jobs at Principal Financial Services Inc

1. How much does Principal Financial Services Inc pay per hour?
The average hourly pay is $40. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Principal Financial Services Inc?
According to the data, the highest approximate salary is about $90,092 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Principal Financial Services Inc?
According to the data, the lowest estimated salary is about $75,713 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.