Head of Fund Accounting

Expiring today

Austin, USA
May 24, 2022
May 26, 2022
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 $2.2 trillion in assets for clients around the world. PIMCO has over 3,070 employees in 22 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 Head of Fund Accounting who will serve as a leader within our Funds Business Group. In this critical role, you will be responsible for setting the strategic direction of our fund accounting function (oversight of custody; NAV delivery for all PIMCO-sponsored public mutual funds and certain private investment funds management of the group's income-servicing responsibilities; and ongoing development of PIMCO's proprietary technology used for yield tracking and income estimation). You will be a strategic partner and collaborate closely with our Portfolio Management, Product Strategy, Account Management, Operations, Legal, and Compliance teams in shaping the trajectory of this critical business function.

This role may be based in Austin, TX or Newport Beach, CA. Relocation assistance will be provided.

About You
  • You challenge the status quo by asking "why" and identifying new and better ways of doing things
  • Exceptional organizational and project management skills, including the ability to multi-task and lead many ongoing initiatives
  • Resourceful, inquisitive, and enjoy problem-solving. Many of the concepts and/or solutions we face are sophisticated, and you bring a desire to work through these complex scenarios
  • Proven track record to deliver on assigned responsibilities through pursuing excellence, outstanding attention to detail, and using interpersonal and communication skills
  • You seamlessly adapt to shifting priorities and enjoy working with ambiguity
  • A standout teammate who builds positive relationships and collaborates across multiple levels of a globally diverse organization, including outside vendors
  • Track record of building credibility and trust through consistent behavior, high integrity, and judgment
  • Intellectual curiosity, a dedication to professional development, an ability to learn, and an interest in staying on top of emerging trends
  • Self-motivated and thrive in a fast-paced environment
  • High emotional intelligence, are flexible, and resilient
  • Proven record in navigating unstructured processes and simultaneously handling responsibilities with multiple, exciting demands
  • Encourage a positive work environment and culture for all employees

Key Responsibilities
  • Identifying, communicating, and monitoring all NAV and accounting policies
  • Ensuring accurate and timely daily NAV, ledger, and sub-ledger accounting data from third-party banks and custodians
  • Managing BCP NAV process and related contingency planning
  • Reviewing daily ABOR to IBOR reconciliations and ensuring all third-party custodian data is accurate
  • Providing income and dividend advisory services to the front office and product teams using proprietary technology to track and estimate portfolio yields and dividend targets
  • Conducting extensive vendor due diligence to ensure processes and procedures are well-designed and executed correctly
  • Supporting all change management and fund event activities, including new product types and implementation of new regulations
  • Coordinating various projects related to technology, process improvement, and new business integration

Position Requirements:

  • Minimum of a Bachelor's Degree, preferably in Accounting, Finance or related field; a CPA or MBA is highly desirable
  • Minimum 15 years of accounting experience at an investment manager, accounting firm, or bank
  • Minimum five years of management, leadership, or supervisory experience
  • Deep technical expertise in fund accounting for fixed income securities and derivatives
  • Prior experience working with and presenting to portfolio managers, firm leadership, fund boards, sub-advised fund clients, and regulators
  • Strategic thinker with the ability to master both the details and the big picture


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

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