Senior Financial Reporting Accountant II

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’re actively seeking a talented Senior Financial Reporting Analyst II to join our Investment Accounting and Reporting team in Newport Beach, CA.
This role is on-site. You’ll work at our state-of-the-art Newport Beach headquarters. This role is hybrid. We believe in empowering our employees to get work done both in and out of the office.
As a Senior Financial Reporting Analyst II, you’ll move Pacific Life, and your career, forward by being responsible for the financial reporting and compliance of mortgage loan and real estate investments for Pacific Life and subsidiaries. You will fill an existing role that sits on a team of four people in the Corporate Accounting division. Your colleagues will include financial reporting professionals.
How you’ll help move us forward:

• Prepare monthly/quarterly/annual reporting (GAAP, STAT & Tax) for mortgage loan, real estate

• property and fund investments held by Pacific Life and subsidiaries in accordance with established guidelines and deadlines.

• Perform the Variable Interest Entity (VIE) Consolidation Analysis for all new mortgage loans (debt investments), RE Equity investments, RE Funds, CMBS transactions; continually monitor all REI investment portfolios for Reconsideration Events (i.e. refinances, TDR's, changes in borrower

• structures); prepare analysis memos in a clear, logical and concise manner; research and collaborate with Corporate Accounting Policy team as needed.

• Perform research and prepare analysis memos on complex accounting issues that arise and are pertinent to real estate investments as needed.

• Actively participate and/or lead projects that support innovation through automation and streamlining of workflows and/or help ensure complete and accurate financial and management reporting.

• Lead the on-boarding of new 3rd party mortgage loan portfolios and on-going maintenance of existing 3rd party mortgage loan portfolios.

The experience you bring:

• 8+ years of experience and/or 4-year degree or equivalent experience

• Strong knowledge of GAAP and Stat financial statement reporting

• Strong proven computer skills - excel spreadsheets, macros, complex formulas

• Strong organizational, written and communication skills; able to work independently with minimal guidance; act as a resource for colleagues with less experience

What makes you stand out:

• CPA

• Strong experience in financial reporting for mortgage loan and real estate investments

• Strong technical skills using pertinent tools - wdesk, peoplesoft, alteryx, Power BI, report writing

You can be who you are.

We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential. What’s life like at Pacific Life? Visit Instagram.com/lifeatpacificlife

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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.

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.