Accounting Manager – Income & Yield Forecasting (PAY Group)
PIMCO · Newport Beach, United States +2 · 1mo ago
PIMCO is a global leader in active fixed income with deep expertise across public and private markets. We invest our clients’ capital across a range of fixed income and credit opportunities, leveraging our decades of experience navigating complex debt markets. Our flexible capital base and deep relationships with issuers have helped us become one of the world’s largest providers of traditional and nontraditional solutions for companies that need financing and investors who seek strong risk-adjusted returns.
Since 1971, our people have shaped our organization through a high-performance inclusive culture, in which we celebrate diverse thinking. We invest in our people and strive to imprint our CORE values of Collaboration, Openness, Responsibility and Excellence. We believe each of us is here to help others succeed and this has led to PIMCO being recognized as an innovator, industry thought leader and trusted advisor to our clients.
Position Description
We are seeking an experienced Accounting Manager – Income & Yield Forecasting to join PIMCO's Accounting and Yield Services (PAY) Group. This team is responsible for operating PIMCO's proprietary income and yield forecasting platform (PAY), which provides forward-looking income forecasting, accounting analysis, and decision-support insights across a broad range of investment products and strategies. PAY is used by the Executive Office, Portfolio Managers, Product Strategists, Fund Management, and other senior stakeholders to evaluate expected income, yield, distributions, and related outcomes, helping to inform portfolio positioning, distribution planning, risk assessment, and strategic business decisions.
This is a highly visible and hands-on role at the intersection of investments, accounting, forecasting, and analytics. The successful candidate will lead a team of forecasting professionals while providing oversight of outsourced service providers supporting the function. In addition to team leadership responsibilities, this individual will serve as a subject matter expert on income and yield forecasting, providing analyses and insights to Portfolio Managers, Product Strategists, Executive Leadership, Boards, and other senior stakeholders. Success in the role requires a broad understanding of investment strategies and a deep appreciation of how portfolio positioning, security selection, market conditions, accounting outcomes, and business decisions influence forecast assumptions and results. The ideal candidate is willing to roll up their sleeves and actively engage in the work, diving into complex data, investigating anomalies, challenging assumptions, and understanding the underlying drivers behind forecast results.
The successful candidate will combine strong technical accounting and investment expertise with analytical rigor, intellectual curiosity, and sound judgment. This role is as much about investigative problem-solving and decision support as it is about forecasting. We are seeking someone who enjoys research, gets to the root cause of issues, and translates complex findings into clear, actionable insights that help stakeholders make better decisions. The ability to communicate complex concepts clearly and credibly to sophisticated audiences is critical.
This is an opportunity to help lead and scale a critical forecasting capability that supports some of the firm's most important investment and business decisions. The Accounting Manager will play an important role in the continued evolution of PIMCO's proprietary forecasting platform and related business processes, requiring close collaboration with technology teams, data providers, and business partners. This role offers the opportunity to develop deep expertise across a broad range of investment products and strategies, lead a high-impact team, help shape a critical forecasting function, and directly influence investment and business decisions across the firm.
NOTE: For recruitment purposes, this role may be referenced externally as Accounting Manager – Income & Yield Forecasting (PAY Group). Internally, the role is aligned to the PAY Manager job profile.
Location
New York, NY, Austin, TX or Newport Beach, CA
Responsibilities
Key responsibilities include, but are not limited to:
- Manage the oversight and administration of PIMCO's proprietary income and yield forecasting platform (PAY), with a primary focus on yield-sensitive investment strategies, including Income, High Yield, Money Market, and Short-Term products.
- Lead a team responsible for producing, reviewing, and delivering income, yield, expense, and distribution forecasts used by Portfolio Managers, Product Strategists, Executive Leadership, Boards, and other key stakeholders.
- Serve as a senior reviewer and subject matter expert for forecast outputs, validating assumptions, investigating variances, and ensuring forecasts are accurate, supportable, and decision-ready.
- Analyze forecast drivers at the fund, sector, asset class, and security levels to identify risks, opportunities, trends, and implications for investment and business decisions; investigate anomalies and forecast-versus-actual variances to improve forecast accuracy and reliability.
- Assess the impact of investment activity, portfolio positioning, market events, distribution targets, accounting outcomes, and other business initiatives on future income and yield expectations.
- Partner with investment professionals, business leaders, and other stakeholders to provide forecasting analyses, insights, and recommendations that inform investment and business decisions.
- Research and communicate the accounting implications of investment activity, new instruments, trading strategies, portfolio changes, and other business initiatives.
- Drive enhancements to forecasting methodologies, data quality, analytical frameworks, business processes, reporting capabilities, and supporting technology platforms.
- Utilize data analysis tools to extract, validate, and analyze large datasets that support forecasting and decision-making activities; partner closely with technology teams to develop business requirements and enhance forecasting infrastructure.
- Lead projects related to technology enhancements, process improvements, regulatory changes, and new business integration initiatives.
- Identify and drive the adoption of technology, AI, data, and automation capabilities to improve efficiency, enhance quality, scale operations, and increase the impact of the function.
- Provide oversight of third-party service providers and vendor relationships, ensuring high-quality deliverables and adherence to service standards.
- Lead and develop a team of employees while fostering a culture of accountability, collaboration, continuous improvement, and excellence.
- Embody PIMCO's CORE Values: Collaboration, Openness, Responsibility, and Excellence.
Qualifications
- Bachelor's degree required.
- Minimum 7 years of experience in investment management, fund accounting, financial planning and analysis, consulting, fund administration, audit, or related financial services functions.
- Experience supporting investment decision-making, forecasting, income analysis, yield analysis, accounting advisory, or other analytical functions within investment management.
- Strong knowledge of fixed income accounting and related accounting concepts, with particular emphasis on asset income and yield-related accounting.
- Strong understanding of the relationship between investment activity, accounting outcomes, income generation, and distribution strategies.
- Strong analytical and problem-solving skills, including experience analyzing complex financial data, evaluating data quality, challenging assumptions, identifying anomalies, and translating findings into meaningful business insights.
- Experience leveraging technology, AI, data, and automation to improve business outcomes, modernize processes, and enhance efficiency, scalability, and effectiveness.
- Experience supporting front-office stakeholders, portfolio management teams, product teams, or other business partners in a consultative capacity highly desirable.
- Appreciation for the importance of audit, controls, governance, and policy frameworks.
- Exposure to equities, derivatives, leveraged products, and other asset classes preferred.
- Experience utilizing analytical tools such as Excel, Bloomberg, SQL, database queries, or similar technologies to validate analyses and develop insights.
- Experience partnering with technology teams to enhance systems, automate processes, or develop new analytical capabilities.
- Experience managing employees and providing oversight of vendors, consultants, and outsourced service providers.
- CPA and/or CFA designation preferred.
Professional Skills Requirements
If the following qualities resonate with you, we encourage you to apply:
- Hands-on, technically strong, and intellectually curious, with a passion for research, investigation, and understanding underlying drivers. Equally comfortable operating at both the strategic and technical levels, with the ability to dive into the details, solve complex problems, challenge assumptions, and translate findings into clear, actionable insights.
- Strong accounting and financial acumen, with the ability to understand complex investment strategies, financial instruments, and their impact on income, yield, and accounting outcomes.
- Exceptional communication, influencing, and stakeholder management skills, with the ability to translate complex analyses into actionable insights and recommendations for senior decision-makers.
- Highly organized and effective in fast-paced environments with multiple competing priorities, tight deadlines, and diverse stakeholder groups.
- Technology-oriented mindset with experience leveraging data, systems, analytical tools, and emerging technologies to improve business outcomes, efficiency, and decision-making.
- Demonstrated judgment, integrity, accountability, and sound decision-making in highly analytical and risk-aware environments.
- Collaborative leadership style with a commitment to developing talent, fostering strong partnerships, and driving a culture of excellence, continuous improvement, and intellectual rigor.
Salary Range: $ 112,000.00 - $ 128,000.00
Equal Employment Opportunity and Affirmative Action Statement
PIMCO recruits and hires qualified candidates without regard to race, national origin, ancestry, religion (including religious dress and grooming practices), sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), sexual orientation, gender (including gender identity and expression), age, military or veteran status, disability (physical or mental), any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other basis such as medical condition, or marital status under applicable laws.
Applicants with Disabilities
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