Job Description

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 Investment Accountant II to join our Private Equity accounting team in Newport Beach, CA.

How You'll Contribute:
As an Investment Accountant II, you will be involved in the operations and accounting for the Private Equity asset class and your responsibilities will include the following:

Operational Responsibilities:

Monitor and process daily cash activity, such as capital calls distributions, interest payments, paydowns, etc.
Communicate with treasury, banks, general partners, or limited partners to resolve any issues related to daily operations
Organize the private equity group mail box and make sure that communications are directed to the right team/personnel
Reconcile cash accounts, prepare weekly cash reports, and provide line of credit paydown recommendations to fund managers when necessary.
Prepare quarterly distribution/capital call package
Address investor and investment request, as needed.
Be the Key contact for assigned fund(s) and maintain good relationship with client(s).

Financial Accounting & Reporting Responsibilities:

Prepare journal entries related to cash, investment valuations, deal commitments, write-downs, etc.
Help prepare quarterly/yearly financial statements.
Help prepare monthly rollforward.
Responsible for assisting year-end audits.
Responsible for Portfolio Management adhocs as needed.
Maintain organized and properly referenced support and ensuring documentation of workpapers is clean and easy to follow for the reviewer.

The Experience You Will Bring:

Minimum of four year undergraduate degree in accounting or related field. Two plus years of relevant work experience.
Job requires both analytical and administrative ability; must be able to not only master desk procedures in performing tasks, but understand the purpose and connectivity of the task.
Skilled in critical thinking and delivering solutions for improvement and operational efficiency.
The ability to work and communicate within a team and across teams in the organization is a key to success.

What Will Make You Stand Out:

Experience in Microsoft excel (use of pivot tables, vlookups, etc. a plus), Prior experience using PeopleSoft and Investran accounting software a plus.

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.