Accountant I

Job Description:

Providing for loved ones, planning rewarding retirements, saving enough for whatever lies ahead – our policyholders count on us to be there when it matters most. It’s a big ask, but it’s one that we have the power to deliver when we work together. We collaborate and innovate – pushing one another to transform not just Pacific Life, but the entire industry for the better. Why? Because it’s the right thing to do. Pacific Life is more than a job, it’s a career with purpose. It’s a career where you have the support, balance, and resources to make a positive impact on the future – including your own. 

We are actively seeking a talented Accountant I to join our Reconciliation COE Team in Newport Beach, CA. The ideal candidate will be responsible for handling accounting tasks, including bank reconciliations, reconcile daily contract-related payments, perform analysis and timely resolution of discrepancies, identify and perform balance sheet reclasses to clear variances between suspense accounts, and assisting with month-end close processes. The Accountant I will work collaboratively, and effectively communicate out of balances with Operations and other Accounting teams to ensure accurate financial record-keeping and compliance with company policies and Generally Accepted Accounting Principles. 

This role is Hybrid and we believe in empowering our employees to get work done in and out of the office.

As an Accountant I, you’ll move Pacific Life, and your career, forward by handling accounting tasks, including bank reconciliations, reconcile daily contract-related payments, perform analysis and timely resolution of discrepancies, identify and perform balance sheet reclasses to clear variances between suspense accounts, and assisting with month-end close processes. The Accountant I will work collaboratively, and effectively communicate out of balances with Operations and other Accounting teams to ensure accurate financial record-keeping and compliance with company policies and Generally Accepted Accounting Principles. You will fill a role that sits on a team of 6 people including the supervisor and manager.

This role is Hybrid and we believe in empowering our employees to get work done in and out of the office. You will fill a role that sits on a team of 6 people including the supervisor and manager.
How you'll help move us forward:

• Responsible for tracking daily and weekly status of outstanding items, to include reporting to management items aged over 90 days, and high dollar amounts still outstanding.

• Assist in the preparation of the aging report for all aged balances for Reconciliation COE management review.

• Escalate to management with any issues with risk of financial exposure and make recommendations to management to mitigate risk.

• Interface with Corporate and Divisional Accounting Teams, Treasury, the Tax department, and various Operational teams, who sit within the Divisions, responsible for processing and/or recording transactions to the general ledger.

• Maintain effective internal controls and report any issues as discovered

• Be innovative in leading process improvements.

• Provide audit support to both internal and external auditors.

The experience you bring:
• 0-2 years of work experience

• Familiarity with Microsoft Excel.
• Attention to details.
• Problem-solving mindset.
What makes you stand out:
• Accounting, Finance, or Reconciliation experience.
• Experience with Accounting and Reconciliation software.
• Eager to learn and be a team player.

#LI-KB1
You can be who you are.
People come first here. We’re committed to a diverse, equitable and inclusive workforce. Learn more about how we create a welcoming work environment through Diversity, Equity, and Inclusion at www.pacificlife.com. What’s life like at Pacific Life? Visit Instagram.com/lifeatpacificlife.
Benefits start Day 1.
Your wellbeing is important. We’re committed to providing flexible benefits that you can tailor to meet your needs. Whether you are focusing on your physical, financial, emotional, or social wellbeing, we’ve got you covered.
• Prioritization of your health and well-being including Medical, Dental, Vision, and a Wellbeing Reimbursement Account that can be used on yourself or your eligible dependents
• Generous paid time off options including Paid Time Off, Holiday Schedules, and Financial Planning Time Off
• Paid Parental Leave as well as an Adoption Assistance Program
• Competitive 401k savings plan with company match and an additional contribution regardless of participation.

Base Pay Range:

The base pay range noted represents the company’s good faith minimum and maximum range for this role at the time of posting. The actual compensation offered to a candidate will be dependent upon several factors, including but not limited to experience, qualifications and geographic location. Also, most employees are eligible for additional incentive pay.

$29.73 - $36.33

Your Benefits Start Day 1  
 

Your wellbeing is important to Pacific Life, and we’re committed to providing you with flexible benefits that you can tailor to meet your needs. Whether you are focusing on your physical, financial, emotional, or social wellbeing, we’ve got you covered.

• Prioritization of your health and well-being including Medical, Dental, Vision, and Wellbeing Reimbursement Account that can be used on yourself or your eligible dependents

• Generous paid time off options including: Paid Time Off, Holiday Schedules, and Financial Planning Time Off

• Paid Parental Leave as well as an Adoption Assistance Program

• Competitive 401k savings plan with company match and an additional contribution regardless of participation

EEO Statement:

Pacific Life Insurance Company is an Equal Opportunity /Affirmative Action Employer, M/F/D/V. If you are a qualified individual with a disability or a disabled veteran, you have the right to request an accommodation if you are unable or limited in your ability to use or access our career center as a result of your disability. To request an accommodation, contact a Human Resources Representative at Pacific Life Insurance Company.