This job has expired, please see additional jobs below
Vice President, Alternative Funds Finance
Pimco
Newport Beach, CA, United States
Job Details - this job has expired, please see similar jobs below
Position Description
PIMCO is a global investment solutions provider with more than 2,200 dedicated professionals in 12 countries focused on a single mission: to manage risks and deliver returns for our clients. We are recognized as an innovator, industry thought leader and trusted advisor to our clients around the world. We aspire to cultivate performance and leadership through empowering our people, diversity of thought, and a commitment to an inclusive culture that engages in our global communities.
POSITION DESCRIPTION
The Alternative Funds at PIMCO total approximately $25 billion across multiple strategies (mainly debt securities, derivative and real estate/PE focused) and multiple vehicle types (hedge fund and private equity).
The Alternatives Funds Finance Team is responsible for the overall financial accounting and control, investment and fund-level term financing, tax structuring and compliance, operations and partner/other agreement oversight.
The Alternatives Funds Finance Team is seeking to add a Vice President who will be responsible for the overall financial accounting and reporting for multiple complex hedge funds. The role requires a highly competent CPA with significant experience and product exposure to manage the complexities of the diversified funds. The successful candidate will help to manage change and control information flow while gaining exposure to unique asset types and products at one of the largest asset managers in the world.
RESPONSIBILITIES
• Direct responsibility for the accounting and reporting for multiple complex hedge funds with broad exposure to fixed income, credit, derivative, commodity and equity product types.
• Constantly strive to learn more and deal with unique asset classes, fund and investment structures and products to develop solutions to ensure appropriate accounting and controls are in place.
• Monitor and review Administrator’s Net Asset Value calculations including complex management and performance fee calculations.
• Monitor and review Administrator’s partnership allocation accounting as well as share-based and series-level accounting.
• Facilitate the completion of various regulatory and other reporting requirements including Form PF, Transparency Reporting, OPERA and CPO-PQR.
• Perform analytical reviews of financial results for complicated funds and investment structures. Develop and implement robust investor and management performance reporting at the asset, fund and investor level.
• Successfully navigate a large organization and bring together subject matter experts across the firm to implement changes / improvement to existing processes or define new ones.
• Responsible for the fund treasury and limited liquidity management.
• Coordinate and interact with portfolio management team on investment related reporting matters and transactions.
• Manage and oversee the funds administrator through SLAs/KPIs and site visits.
• Responsible for the external audit, regulatory reporting and other reporting requirements of the funds.
• Build and manage fund and investment-level waterfall and performance calculations.
• Lead investor and counterparty operational due diligence meetings.
• Lead the coordination and project management of critical Alternative Funds Finance team projects and initiatives
• Oversee the funds payment and expenses process to ensure compliance with the fund documents and timely and accurate execution and reporting
Position Requirements
POSITION REQUIREMENTS
• Minimum of 10 years of experience in financial accounting, audit or finance function for an alternative investment manager with exposure to fixed income, credit, derivatives, commodities, equities and/or real estate
• Ability to implement accounting and reporting for complex legal and tax investment structures that cross multiple jurisdictions
• Desire to understand transaction process flows and requirements and develop team and systems to solve complexities as they arise
• Exposure to a broad range of private equity and hedge fund structures (e.g. US, Cayman, Luxembourg, Private Equity, Commercial or Residential Real Estate funds) and product types
• Experience managing both direct reports and external administrators
• Broad knowledge of accounting principles including US GAAP and Investment Company Accounting
• Bachelor’s degree with a major in Accounting or Finance
• CPA
• Big 4 background desired, but not required
REQUIRED CANDIDATE PERSONAL CHARACTERISTICS
• Ability to work in a fast paced, deadline driven environment
• Excellent quantitative/analytical and problem solving skills
• Polished written/verbal 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/require
BENEFITS
• PIMCO is committed to offering a comprehensive portfolio of employee benefits designed to support the health and wellbeing of you and your family. These benefits include medical, dental and vision coverage from your first day of employment.
• 401k Savings and Retirement Plan
• Work/Life Programs such as Flexible Work Arrangements, Parental Leave & Support, Employee Assistance Plan, and Educational/CFA Certification Reimbursement Programs
• Community involvement opportunities with The PIMCO Foundation in each PIMCO office
We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class.