The posting
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
PIMCO is seeking an experienced investment accounting professional to manage the design and delivery of key aspects of the firm’s Middle-Office Transformation (“MOT”) program. Working closely with a wide group of stakeholders across front, middle, and back office, this role will help define PIMCOs accounting requirements and guide the systems, processes, and capabilities toward target state.
This is a highly visible and hands-on role at the intersection of accounting, investments, performance, and transaction processing. The successful candidate will lead a team to assess our current state capabilities and processes vs. the accounting needs of key stakeholders and redesign them to provide high quality decision-support information. This individual will be a subject matter expert on PIMCO’s investment accounting needs and will serve as a central point of contact for accounting considerations during the transformation and beyond.
Success in the role requires strong accounting technical skills related to accounting policy, industry-standard methodologies, accounting/valuation considerations, gain/loss, etc. The role will also require superior communication and organizational skills, a broad understanding of investment strategies, and an understanding of the middle office. The ideal candidate is willing to roll up their sleeves and actively engage in the work, diving into complex data, challenging assumptions, and driving positive change in the organization.
Location
New York, NY, Austin, TX or Newport Beach, CA
Responsibilities
Key responsibilities include, but are not limited to:
- Program Design and oversight — Define target state accounting needs and oversee program plan across a range of Middle-Office transformation workstreams, especially those related to income accruals and accounting gain/loss calculations. Lead a team of internal personnel / managed resources to assess the quality of target state vs. the PIMCO’s needs. Oversee the test design, execution, and issue resolution. Communicate status and results regularly.
- MOT Accounting SME Oversight — Serve as an accounting subject matter expert, providing insights and proposed enhancements to ensure that processes, controls, and technologies are designed to achieve a leading target state. Answer technical accounting questions related to accounting needs for complex transactions and corporate actions.
- Policy Decision Support – Support key accounting policy decisions arising during the transformation by evaluating key facts/circumstances and providing recommendations or conclusions.
- Program Reporting — Produce executive-ready status reports, RAG dashboards, and program metrics for steering committee and senior leadership consumption.
- Change Readiness & Training Coordination — Design and implement operational readiness assessments, UAT, and training activities. Work across teams to ensure that controls, quality checkpoints, and governance protocols for the transformed future state include the appropriate consideration of accounting data.
Qualifications
- Minimum of a bachelor’s degree, preferably in business, finance, or a related field. An MBA designation is desirable.
- Minimum 10 years of experience in middle office IBOR accounting, fund administration and accounting, performance reporting, or related functions. Significant experience supporting accounting policy and methodology, valuation, P&L, and/or accounting standards implementation/review preferred.
- Strong knowledge of fixed income and derivative accounting, with particular emphasis on asset income and yield-related accounting. Exposure to equities, leveraged products, and other asset classes preferred.
- Strong understanding of the relationship between investment activity, accounting outcomes, income generation, and trade operations.
- Demonstrated success in leading major technical or system migrations or transformations involving third-party vendor solutions and software platforms.
- Experience leveraging technology, AI, data, and automation to improve business outcomes, modernize processes, and enhance efficiency, scalability, and effectiveness.
- Experience partnering with technology teams to enhance systems, automate processes, or develop new analytical capabilities.
- Exceptional leadership, communication, and interpersonal skills.
- Experience managing employees and providing oversight of vendors, consultants, and outsourced service providers.
- CPA and/or CFA designation preferred.
Professional Skills Requirements
If the following qualities resonate with you, we encourage you to apply:
- Hands-on, technically strong, and intellectually curious, with a passion for research, investigation, and understanding underlying drivers. Equally comfortable operating at both the strategic and technical levels, with the ability to dive into the details, solve complex problems, challenge assumptions, and translate findings into clear, actionable insights.
- Strong accounting and financial acumen, with the ability to understand complex investment strategies, financial instruments, and their impact on income, yield, and accounting outcomes.
- Exceptional communication, influencing, and stakeholder management skills, with the ability to translate complex analyses into actionable insights and recommendations for senior decision-makers.
- Highly organized and effective in fast-paced environments with multiple competing priorities, tight deadlines, and diverse stakeholder groups.
- Technology-oriented mindset with experience leveraging data, systems, analytical tools, and emerging technologies to improve business outcomes, efficiency, and decision-making.
- Demonstrated judgment, integrity, accountability, and sound decision-making in highly analytical and risk-aware environments.
- Collaborative leadership style with a commitment to developing talent, fostering strong partnerships, and driving a culture of excellence, continuous improvement, and intellectual rigor.
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: $ 145,000.00 - $ 199,000.00
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.
