Fund Accounting Manager

Austin, USA
Feb 17, 2021
Mar 19, 2021
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
About Us:

We are PIMCO, a leading global asset management firm. We manage investments and develop solutions across the full spectrum of asset classes, strategies and vehicles: fixed income, equities, commodities, asset allocation, ETFs, hedge funds and private equity. PIMCO is one of the largest investment managers, actively managing more than $1.92 trillion in assets for clients around the world. PIMCO has over 2,800 employees in 17 offices globally. PIMCO is recognized as an innovator, industry thought leader and trusted advisor to our clients.

PIMCO is one of the world's premier fixed income investment managers with thousands of professionals around the world united in a single purpose: creating opportunities for our clients in every environment. Since 1971, we have brought innovation and expertise to our partnership with the institutions, financial advisors and millions of individual investors who entrust us with their assets. 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:

We are seeking a highly motivated and hardworking individual to join our Bank Oversight team within our Funds and Operations Group. In this role, you will be responsible for oversight of fund accounting, custody, and NAV policy for all PIMCO-sponsored public mutual funds. You will collaborate with product business owners globally across all levels. If you are technically savvy, enjoy the how and why of your craft, and are seeking to sharpen your skills by getting exposure to ground breaking and unique asset classes, we want to hear from you!

This role will be based in either Newport Beach, CA or Austin, TX.


  • Identify, communicate, and monitor all NAV and accounting policies
  • Ensure accurate and timely daily NAV, ledger, and sub-ledger accounting data from third-party custodians
  • Review daily ABOR to IBOR reconciliations and ensure all third-party custodian data is within expectations
  • Conduct extensive vendor due diligence to ensure processes and procedures are setup and adhered to
  • Support all change management and fund event activities, including implementation of new regulations
  • Coordinate various projects related to technology, process improvement, and new business integration

Position Requirements:

  • Minimum of a Bachelor's Degree in finance, accounting, or related field
  • 7-10 years of fund accounting experience with a strong understanding of NAV creation, security valuation, P&L review, cash reconciliation, and transaction processing
  • Experience analyzing income-related accounting entries, detecting anomalies and assessing the impact to distributions, distribution yields, SEC yields, and tax reporting
  • Understanding of accounting of fixed-income securities, bond amortization methodologies, and derivatives, including: TRS, IRS, CDS, Options, and Futures
  • Exposure to a broad range of fund products, including: 40 Act, ETF, Closed End, UCITS, Master/Feeder structures, and currency hedged share classes
  • Prior experience working in an outsourced model with oversight of vendor relationships
  • Detail-oriented with strong analytical and data management skills (Excel, macro writing, database queries, etc.)
  • Highly organized; documentation advocate; risk, controls, process, documentation, and quality control minded
  • Ability to balance multiple assignments, consistently meet tight deadlines, and thrive in a fast-paced environment with a high dedication to quality
  • Excellent communication (verbal and written) and relationship-building skills


PIMCO is committed to offering a comprehensive portfolio of employee benefits designed to support the health and well-being of you and your family. Benefits vary by location but may include:
  • Medical, dental, and vision coverage
  • Life insurance and travel coverage
  • 401(k) (defined contribution) retirement savings, retirement plan, pension contribution from your first day of employment
  • Work/life programs such as flexible work arrangements, parental leave and support, employee assistance plan, commuter benefits, health club discounts, and educational/CFA certification reimbursement programs
  • Community involvement opportunities with The PIMCO Foundation in each PIMCO office