Vice President, Alternative Funds Finance Manager
PIMCO · Newport Beach, United States +1 · 5mo 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
PIMCO’s Alternative Funds platform totals approximately $150 billion across multiple strategies and vehicle structures, including evergreen and closed-ended funds.The Alternatives Funds Finance Team is responsible for end-to-end financial oversight across the platform, including financial accounting and control, investor reporting, tax structuring and compliance, treasury and liquidity management, operations, and oversight of investment partners and third-party service providers.The team works closely and cross-functionally with Portfolio Management, Product Strategy, Account Management, Legal, Tax, and Operations, and reports into the Executive Office
The Alternative Funds Finance Team is seeking to add a high-caliber, intellectual curious professional with strong investment company and alternative asset accounting experience to the Financial Control team. This individual will be responsible for the financial control and deal execution oversight of a subset of private credit and closed-ended alternatives funds.Working closely with the existing team, the Alternatives Fund Finance Manager will help design and execute an effective oversight model to ensure accurate, timely, and high-quality financial reporting for all internal and external constituents of this fund group.
While this role includes core financial accounting and reporting responsibilities, it is embedded in the investment lifecycle and extends beyond traditional controller activities.The individual will play an active role in ensuring complex investment activity is appropriately structured, executed, book, and reported accurately, partnering closely with Portfolio Management, Legal, Tax, Treasury, Operations, and third‑party service providers throughout the transaction process.
A significant component of this role involves hands-on oversight of illiquid private investments across a diverse asset class mix, including commercial and residential real estate debt and equity, bank loans, asset-backed and other specialty finance structured products, subordinated debt, and preferred and common equity in privately held companies, as well as fixed income, derivatives, and other unique securities. The role requires a strong understanding of close-ended and hybrid fund structures, including blocker structures, as well as the judgment and influence to operate effectively across numerous stakeholders and concurrent transactions.
As the PIMCO Alternatives business continues to grow and evolve, this is a unique opportunity to join a high-performing, highly collaborative team that sits close to the investment decision-making process and plays a meaningful role in bringing complex transactions to life.
Location
New York, NY or Newport Beach, CA
Responsibilities
Key responsibilities include, but are not limited to:
- Own financial control and oversight for a subset of alternatives funds, including management of the monthly NAV close process performed by the Fund Administrator, with a focus on complex and illiquid assets accounting, valuation, fee and expense review, and performance reporting.
- Lead finance-related aspects of the investment lifecycle for illiquid assets, partnering closely with Portfolio Management, Tax, Legal, Operations, and the third-party service providers to ensure transactions are appropriately structured, executed, booked, and reported.
- Manage fund-level treasury and liquidity activities, including cash flow forecasting, capital calls, distributions, and coordination with the financing team); prepare analysis related to investment pipeline and liquidity planning.
- Partner with Tax and Legal to support the design and implementation of investment and fund structure, including closed-ended, hybrid, and blocker structures.
- Oversee service provider performance and governance, including the Fund Administrator and other vendors, through SLAs, KPIs, issue resolution, and periodic reviews.
- Control the fund expense process.
- Oversee external audits, regulatory filings, debt covenant compliance, and other financial and statutory reporting requirements.
- Own financial information for key client deliverables, including investor reports, capital statements, and annual audited financial statements; support responses to client and consultant inquiries as needed.
- Leverage internal and external resources to respond to client, prospective client, and client consultant requests accurately and timely.
- Lead or contribute to Alternative Funds Finance team projects and initiatives, including process improvement efforts.
- Actively leverage new and emerging technologies, including AI‑enabled tools, to enhance efficiency, decision‑making, and impact across responsibilities, while adapting to evolving market conditions and client needs.
- Embody PIMCO’s CORE Values – Collaboration, Openness, Responsibility, and Excellence.
Qualifications
- Target range of 8-14 years of experience in financial accounting, audit, or finance roles within an alternative investment manager, public accounting, or similar environment, with significant exposure to credit, residential and commercial real estate, private equity, or hedge funds structures, including complex blocker structures.
- Demonstrated ability to implement and oversee accounting and reporting for a variety of alternative investment structures across multiple asset classes.
- Strong interest in understanding end-to-end transaction process flows and requirements, with the ability to develop and refine processes to address complexity as it arises.
- Hands-on experience working with closed ended private equity and hedge fund structures.
- Experience managing and coordinating external audit processes and procedures.
- Experience partnering with external auditors and service providers in an outsourced operating model.
- Strong knowledge of accounting principles, including US GAAP and Investment Company Accounting.
- Bachelor’s degree in accounting or finance.
- Active CPA preferred.
- Demonstrated ability to embrace and effectively use new technologies, including AI‑enabled tools, with a mindset oriented toward continuous innovation, adaptability, and supporting future‑focused business and client expectations.
Professional Attributes
If the following qualities resonate with you, we encourage you to apply for this exciting opportunity at PIMCO. We offer a dynamic work environment where you can make a meaningful impact:
- Thrives in a fast‑paced, high‑intensity, deadline‑driven environment and adapts effectively to shifting priorities and ambiguity.
- Strong analytical and problem‑solving capabilities with sound professional judgment.
- Highly organized, with strong time and project management skills and the ability to manage multiple initiatives simultaneously.
- Demonstrates intellectual curiosity and a desire to learn across asset classes, investment strategies, and emerging industry trends.
- Clear, confident written and verbal communication skills.
- Ability to balance attention to detail with an understanding of the broader investment, client, and business context.
- Highly collaborative workstyle, fostering effective partnerships with cross-functional colleagues, service providers, and other stakeholders.
- Self-motivated and detail-oriented, with a strong sense of ownership and accountability.
- Exhibits high emotional intelligence, adaptability, resilience, and professionalism.
- Demonstrates credibility, integrity, and strong ethical standards in all interactions.
- Resourceful and thoughtful problem solver who approaches complex issues with a practical and solutions‑oriented mindset.
Salary Range: $ 175,000.00 - $ 240,000.00
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.
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