Alternatives Finance Manager

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.

POSITION DESCRIPTION

The Alternative Funds at PIMCO total approximately $189 billion across multiple strategies and multiple vehicle types. The Alternatives Funds Finance Team is responsible for the overall financial accounting and control, tax structuring and compliance, operations, and investment partner and third-party service provider oversight. The Team works directly with Product Management, Account Management and Portfolio Management groups of PIMCO and reports to the Executive Office.

The Alternative Funds Finance Team is seeking to add a dynamic professional with strong investment company and/or alternative asset and fund accounting experience to the Financial Control Team. This team member will be responsible for the overall financial accounting and reporting for multiple complex private equity and hedge funds. The role is an extension of the existing team, providing direct support for investment activity, along with a broader responsibility for accounting and reporting for Alternative Funds. The role requires a highly proficient accountant with significant experience and product exposure to manage the complexities of the diversified hybrid funds. The PIMCO Alternatives business continues to evolve, and the right resource is critical to handle this change and control for information requirements to meet the ever-increasing demands of both internal and external stakeholders. This is a unique opportunity to join a growing team at one of the largest asset managers in the world. The asset types and product exposure will be unparalleled compared to roles at other firms.

RESPONSIBILITIES

• Direct responsibility for the accounting and reporting for multiple complex private equity and hedge funds with exposure to both public and private investments across commercial, residential and specialty finance asset classes.
• Demonstrated ability to collaborate with internal and external stakeholders (PM, product, tax, legal & operations teams and corporate service providers, legal counsel, etc.) on portfolio transactions, including review of legal documentation and manage funding requirements.
• Responsible for operational launch of new funds/ co-invest structures in internal PIMCO systems in accordance with firm processes and implement reporting processes in line with fund/ side letter requirements.
• Responsible for appointment and overseeing corporate servicers including reporting at the portfolio company level.
• Responsible for reviewing investor and management reporting prepared by external fund administrators.
• Responsible for liquidity management of funds and portfolio companies (including, capital calls, distributions, drawdowns, waterfall reporting, in coordination with the PM/ financing team).
• Oversee funds payment and expenses process to ensure compliance with the fund documents and timely and accurate execution and reporting.
• Responsible for the external audit, regulatory reporting (including AIFMD) and other reporting requirements.
• Utilize internal and external resources to respond to client, prospective client, and client consultant requests for information in a timely and accurate manner.

• Minimum of 10 years of experience in financial accounting, audit or finance function for an alternative investment manager with exposure to credit, real estate or private equity and hedge funds.
• Ability to implement accounting and reporting for complex legal and tax investment structures that cross multiple jurisdictions.
• Constantly strive to learn and understand unique asset classes, fund and investment structures and new products. Develop solutions to ensure appropriate accounting and controls are in place.
• An understanding of transaction process flows and requirements and a desire to develop solutions that solve for complexities as they arise.
• Exposure to a broad range of private equity and/ or hedge fund structures (e.g. US, Cayman, Luxembourg) and product types (Private Equity, Commercial or Residential Real Estate funds).
• Experience managing both external administrators and/ or other service providers.
• Broad knowledge of accounting principles including IFRS, US GAAP and other local reporting requirements for Investment Companies and fair value principles.
• Bachelor's degree with a major in Finance, Accounting, Management, or Economics preferred.
• Big 4 background desired, but not required.
• Excellent capabilities in Microsoft Excel, Word, PowerPoint.

• Ability to work in a fast paced, deadline driven environment.
• Excellent quantitative/analytical and problem-solving skills.
• Excellent communication skills.
• Highly organized, excellent time/project management skills.
• Keen desire to learn and quickly absorbs new knowledge.
• Balance a sharp focus on details with an awareness of the bigger picture.
• Foster a sense of teamwork, assisting others when needed/required.

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.