Senior 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 Accountant II to join our Real Estate Equity Accounting and Operations team in Newport Beach, CA.

This role is mostly on-site. You’ll work at our state-of-the-art Newport Beach headquarters 4 days a week, with some hybrid flexibility. We believe in empowering our employees to get work done both in and out of the office.

As a Senior Accountant II you’ll move Pacific Life, and your career, forward by contributing to the support of the accounting team that is processing cash and financial activity for Pacific Life and its subsidiaries’ real estate equity investments, and supporting our front office acquisitions and asset management teams. In addition, this position is responsible for leading various Financial Reporting and Asset Management objectives and performing ad-hoc requests related to real estate equity investments.

You will fill an existing role that sits on a team of 7 people in the Corporate Division (Investment Accounting & Reporting - Real Estate Equity Investments). Your colleagues will include Staff Accountants, Senior Accountants, Directors of Accounting, our Pacific Life Investments Real Estate Equity Acquisition and Asset Management teams, and external auditors, among others.
 

How you’ll help move us forward:

Operations Responsibilities:

• Indirectly oversee staff to ensure operational tasks are done accurately, timely, and issues are resolved immediately

• Ensure Cash receipts and disbursements are properly handled and recorded

• Ensure Cash activity tracker is complete and accurate

• Set up property information and banking information in Yardi on an ad-hoc basis

Accounting/Reporting Responsibilities:

• Review monthly trial balance uploads of underlying investment financial statements, which includes the review of underlying investment financial statements to gain a deeper understanding of fluctuations.

• Review Accountant II(s) and the Sr. Accountants journal entries

• Review non-financial key performance indicator (KPI) uploads on a monthly basis for real estate investments

• Prepare complex monthly and quarterly reports for the financial close process

• Prepare quarterly financial statement analytics

• Review the accountants’ quarterly financial statement analyses

• Ensure the integrity of accounting records for completeness, accuracy, and compliance with GAAP and STAT

• Communicate with property managers to resolve any complex changes or issues

• Supportive role in the PAH, PL and Internal audits and prepare deliverables for those audits.

• Assist with coordination of the Purchase Price Allocation process, from engagement letter review and submission in DocuSign to Asset Management final sign off, to processing payment upon completion of the work to our outside vendors.

• Assist in the review of our investments tax returns

• Assist with the preparation of Return Summary calculations for sold properties and related files upon sign off by Asset Management.

Leadership/Teamwork Responsibilities:

• Provide support and mentor Accountant II's and Sr. Accountants in their day-to-day responsibilities.

• Maintain a positive attitude and willingness to help the team

• Have very good verbal and written communication. Keep open communication with staff and management.

• Maintain good relations with key business partners and stakeholders

Innovation Responsibilities:

• Be supportive of company-wide, departmental, and team strategic initiatives

• Lead special projects on an as-needed basis

• Continue to asses areas for continuous improvement as items are identified on a real-time basis, make suggestions, as well as seek feedback from team members.

Other Responsibilities:

• Take full ownership of assigned tasks and reports and be accountable during tight deadlines.

• Ability to multi-task and shift priorities, if neede