Pacific Life Hiring for Sr Private Equity Investment Accountant I Job at Newport Beach, CA Full Time

Job Description:
Pacific Life is investing in bright, agile and diverse talent to contribute to our mission of innovating our business and creating a superior customer experience. We’re actively seeking a talented Senior Investment Accountant to join our Private Equity Accounting Team in Newport Beach, CA. This role is onsite and/or hybrid.

As a Senior Investment Accountant, you’ll play a key role in Pacific Life’s growth and long-term success by owning accounting reporting, and operations as it relates to funds managed by Pacific Private Fund Advisors LLC (“PPFA”) . PPFA manages a series of private investment funds specializing in middle- and lower-middle market private equity, debt, and co-investment relationships. As part of the private funds team, you will prepare and perform primary review of all key investor deliverables, as well as administration fee, management fee, and carried interest calculations for assigned funds, as well as assisting with year-end audits prepared using investment company accounting. You will fill a new role that sits on a team of ten people in the investment accounting division. Your colleagues will include a diverse team of accountants and fellow investment professionals. Our team performs highly interdependent work and closely collaborates with investment management, investor relations, and corporate treasury.

How you will make an impact:
Prepare all key investor deliverables including quarterly financial statements, reporting packages, and partners’ capital statements for assigned private investment Funds, including private equity and private credit vehicles.

Take full ownership over maintenance and/or oversight of general ledger for assigned Funds; prepare/review journal entries for cash, investment valuation true ups, accruals, unfunded commitments, etc .

Responsible for assisting with year-end audits: oversee preparation of audit schedules and liaise with auditors ; assist with tax compliance for pass-through entities, including state filings .

Responsible for fund analytics and portfolio management deliverables on an ongoing and recurring basis as applicable ; p repare and/or perform primary review of documentation related to capital calls, distributions, revenues, expenses, etc.

Maintain and monitor shared email inboxes for assigned Funds; communicate with portfolio funds as necessary.

The experience you will bring:
Bachelor’s degree in Accounting, Finance, or Business

5+ years of experience in accounting (preferably public accounting, investment management, or fund administration)

Strong knowledge of Microsoft Office suite (Excel, Word) is required

Ability to multi-task and adjust quickly in a fast-paced environment, with the ability to change priorities to meet critical deadlines

Strong communication, analytical, and organizational skills

What will make you stand out:
CPA, Masters in Accounting, advanced degree in finance/business preferred, but not required

Prior experience with FIS Investran is a plus

Proven ability to work under tight deadlines and managing multiple priorities while maintaining attention to detail

#LI-AJ1

More reasons to join:
At Pacific Life, the work we do matters. We work passionately each day to drive our company forward while enjoying job security, flexible scheduling, and great opportunities for career growth.

If you’re seeking a thriving career doing the type of meaningful work that’s all too rare at a Fortune 500 Company, Pacific Life is the place for you. If you are a self-starter who appreciates creativity and individuality in your colleagues – even better. We look forward to receiving your application.

Want to learn more about life at Pacific Life? Take an inside look at our company culture: Instagram.com/lifeatpacificlife.

Your Benefits Start Day 1

Your wellbeing is important to Pacific Life, and we’re committed to providing you with flexible benefits that you can tailor to meet your needs. Whether you are focusing on your physical, financial, emotional or social wellbeing, we’ve got you covered.

Competitive salary and benefits

Focus on maintaining a strong work-life balance, including six Rejuvenation days off in 2022

Generous Paid Time Off (PTO) and holiday pay

Medical, dental, and vision as part our commitment to investing in the health and wellbeing of our employees

Two retirement savings plans: 401k savings plan with company match and a 100% paid Company Retirement Contribution

Wellbeing Reimbursement for personal wellbeing expenses (physical, financial, social/emotional)

EEO Statement:
Pacific Life Insurance Company is an Equal Opportunity /Affirmative Action Employer, M/F/D/V. If you are a qualified individual with a disability or a disabled veteran, you have the right to request an accommodation if you are unable or limited in your ability to use or access our career center as a result of your disability. To request an accommodation, contact a Human Resources Representative at Pacific Life Insurance Company.