Fund/Financial Accounting Associate

PIMCO is a global leader in active fixed income with deep expertise across public and private markets. We invest our clients' capital across a range of fixed income and credit opportunities, leveraging our decades of experience navigating complex debt markets. Our flexible capital base and deep relationships with issuers have helped us become one of the world's largest providers of traditional and nontraditional solutions for companies that need financing and investors who seek strong risk-adjusted returns.

Since 1971, our people have shaped our organization through a high-performance inclusive culture, in which we celebrate diverse thinking. We invest in our people and strive to imprint our CORE values of Collaboration, Openness, Responsibility and Excellence. We believe each of us is here to help others succeed and this has led to PIMCO being recognized as an innovator, industry thought leader and trusted advisor to our clients.

We are seeking an Accounting Associate to join our PIMCO Income and Yield Services Group. This team provides income forecasts, accounting advice, and other services to internal groups and manages a PIMCO proprietary accounting/forecasting tool to monitor the forecasted impacts of investment activity for various PIMCO account types.

In this role, you will be responsible for adding business value and providing services that advise the most senior members of the firm, including the Executive Office, Portfolio Managers, and Key Account Managers, among others. You will be instrumental in helping to drive our process evolution, facilitate increased adoption throughout the firm, and evolve a critical business function within a growing business.

Location

Austin, TX or Newport Beach, CA

About You

If the following describes you, let's talk!

• A "big picture" thinker-grasping how projects support business objectives and how you play a meaningful role

• Exceptional organizational and project management skills, including the ability to multi-task and lead many ongoing initiatives
• Resourceful problem-solver with a critical mindset and the ability to creatively solution for complex issues
• Self-motivated with a consistent record of delivering on assigned responsibilities through pursuing excellence, outstanding attention to detail, and using interpersonal and communication skills
• You thrive in a fast-paced environment, can seamlessly adapt to shifting priorities, and enjoy working with ambiguity
• A standout teammate who builds positive relationships and collaborates across multiple levels of a globally diverse organization, including external vendors, helping others perform at their best and achieve their fullest potential
• Track record of building credibility and trust through consistent behavior, high ethical standards, confidentiality, respect for others, integrity, and judgment
• Intellectual curiosity, a dedication to professional development, an ability to learn, and an interest in staying on top of emerging trends
• High emotional intelligence, flexible, and resilient
• Proven track record of navigating unstructured processes and simultaneously handling responsibilities with multiple, exciting demands
• Encourage a positive work environment and culture for all employees
• You share PIMCO's values of Collaboration, Openness, Responsibility, and Excellence, which allow us to bring the best to our clients and each other

Responsibilities

The key responsibilities include, but are not limited to:

• Assist in the administration and management of a proprietary PIMCO forecasting tool, with a primary focus on PIMCO's yield-sensitive strategies (Income, High Yield, Money Market, and Short-Term products)
• Support the production of yield analyses and reporting of actual and projected income/expense/distribution accruals to a variety of stakeholders
• Identify, investigate, communicate, and resolve data anomalies and projected vs. actual differences
• Research and communicate possible accounting implications of new/proposed financial instruments/strategies
• Ensure accurate and timely daily NAV, ledger, and sub-ledger accounting data from third-party custodians
• Review daily ABOR to IBOR reconciliations and ensure all third-party custodian data is within expectations
• Conduct extensive vendor due diligence to ensure processes and procedures are set up and adhered to
• Support all change management and fund event activities, including implementation of new regulations
• Coordinate various projects related to technology, process improvement, and new business integration

Qualifications

• Minimum of a Bachelor's Degree
• 2-5 years of fund accounting experience in investment management and/or public accounting
• Experience with fund accounting operations, which may include analyzing fund performance, NAV calculations, transaction processing, security valuation and reconciliation
• An understanding of mutual funds and fund accounting, with exposure to a broad range of fund structures (including accounting systems)
• Knowledge of fixed income and other financial instrument accounting, especially income-related accounting
• Knowledge of GAAP accounting principles for fixed income products
• Exposure to other asset types such as equities, derivatives, and securities
• Highly organized and a documentation advocate; process and quality control minded with ability to work in a fast paced, deadline driven environment
• Hands-on experience with data management and tools used to validate analyses, build projection models, and provide relevant insight into data (Excel, Bloomberg, Macro writing, Database queries, etc.)
• Strong communication skills across a variety of communication methods
• Experience providing exceptional internal customer service for demanding end users
• Proven decision-making ability considering data risks and operational inefficiencies

Desired Qualifications

• Experience with front office support/reporting, including forecasting for income/yield-oriented mutual funds with distribution targets desirable
• Experience working in an outsourced model with oversight of vendor relationships
• CPA or CFA designation

PIMCO follows a total compensation approach when rewarding employees which includes a base salary and a discretionary bonus. Base salary is the fixed component of compensation that is determined by core job responsibilities, relevant experience, internal level, and market factors. The discretionary bonus is used to award performance and therefore is determined by company, business, team, and individual performance.

Salary Range: $ 73,000.00 - $ 94,000.00

Equal Employment Opportunity and Affirmative Action Statement

PIMCO recruits and hires qualified candidates without regard to race, national origin, ancestry, religion (including religious dress and grooming practices), sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), sexual orientation, gender (including gender identity and expression), age, military or veteran status, disability (physical or mental), any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other basis such as medical condition, or marital status under applicable laws.

Applicants with Disabilities

PIMCO is an Equal Employment Opportunity/Affirmative Action employer. We provide reasonable accommodation for qualified individuals with disabilities, including veterans, in job application procedures. If you have any difficulty using our online system due to a disability and you would like to request an accommodation, you may contact us at 949-720-7744 and leave a message. This is a dedicated line designed exclusively to assist job seekers with disabilities to apply online. Only messages left for this purpose will be considered. A response to your request may take up to two business days.