Senior Accountant I at Pacific Life in Newport Beach, CA

Senior Accountant I
Location: Newport Beach CA-700
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 I to join our real estate accounting and reporting team in Newport Beach, CA.
As a Senior Accountant I, you’ll move Pacific Life, and your career, forward by recording financial statement activity, cash activity, and adjustments for our real estate investment properties.
How you’ll help move us forward:
Operational Responsibilities:
Indirectly oversee staff to ensure operational tasks are done accurately, timely, and that issues are appropriately identified, escalated, and resolved, including:
Cash activity
Investment acquisitions/dispositions
Accounting and Reporting Responsibilities:
Record month-end and quarter-end entries as part of the financial close process
Prepare month-end and quarter-end reconciliations as part of the financial close process
Upload and validate property manager trial balances for the monthly financial close process
Review property manager financial statements for accuracy, completeness, and reasonableness, including monitoring cash, equity, debt, and fixed asset accounts, to ensure the integrity of monthly financial statement packages
Upload and validate monthly non-financial information (KPIs) for real estate properties
Communicate with property managers to resolve accounting questions, variances, and outstanding items
Prepare the monthly Book Value and Cost Analysis report
Prepare quarterly reports and supporting schedules
Perform a comprehensive quarterly review of property manager financial packages to ensure all requested deliverables are completed and properly supported
Assist with the accounting and execution of real estate investment property acquisitions and dispositions, including the preparation of closing entries and coordination with Asset Management, property management, and other stakeholders
Maintain checklists to enhance workflow visibility and ensure information accuracy
Assist with the development, implementation, and maintenance of the accounting group's Standard Operating Procedures (SOPs) to promote consistency, efficiency, and adherence to best practices
Monitor shared mailboxes and process daily cash activity in Yardi and/or PeopleSoft, including capital calls and distributions
Assist in the preparation of periodic reporting for real estate investments
Assist with the preparation of various annual audit deliverables
Perform special projects and ad hoc analyses as assigned
Organize, prioritize, and respond to multiple requests within established deadlines
Innovation Responsibilities:
Be supportive of company-wide, departmental, and team strategic initiatives
Continue to assess areas for continuous improvement as items are identified on a real-time basis, make suggestions, as well as seek feedback from team members
The experience you bring:
5+ years of experience in a relevant field
4-year accounting degree or equivalent experience
Proficiency with Microsoft Office, including Excel, Teams, Outlook, etc.
Ability to manage multiple responsibilities under tight time frames
Strong technical, analytical, and problem-solving skills
Excellent communication skills both oral and written
Strong organizational skills with the ability to work independently in a deadline-driven environment
Demonstrated accountability, customer focus, collaboration, and teamwork
Comfortable collaborating with individuals at all levels of the organization
A desire to mentor colleagues with less experience
What makes you stand out:
Real estate investment experience
Experience or certification with PeopleSoft, Oracle, Essbase, ARCs, or Yardi
CPA candidacy or licensure
Public accounting experience
You can be who you are.
People come first here. We’re committed to an inclusive workforce. Learn more about how we create a welcoming work environment at www.pacificlife.com. What’s life like at Pacific Life? Visit Instagram.com/lifeatpacificlife.
#LI-TM1
Base Pay Range:
The base pay range noted represents the company’s good faith minimum and maximum range for this role at the time of posting. The actual compensation offered to a candidate will be dependent upon several factors, including but not limited to experience, qualifications and geographic location. Also, most employees are eligible for additional incentive pay.
$93,600.00 - $114,400.00
Your Benefits Start Day 1
Your wellbeing is important to Pacific Life, and we’re committed to providing you with flexible benefits that you can tailor to meet your needs. Whether you are focusing on your physical, financial, emotional, or social wellbeing, we’ve got you covered.
Prioritization of your health and well-being including Medical, Dental, Vision, and Wellbeing Reimbursement Account that can be used on yourself or your eligible dependents
Generous paid time off options including: Paid Time Off, Holiday Schedules, and Financial Planning Time Off
Paid Parental Leave as well as an Adoption Assistance Program
Competitive 401k savings plan with company match and an additional contribution regardless of participation
You Can Be Who You Are
We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential.
What’s life like at Pacific Life? Visit Instagram.com/lifeatpacificlife
EEO Statement:
Pacific Life Insurance Company is an Equal Opportunity /Affirmative Action Employer, M/F/D/V. If you are a qualified individual with a disability or a disabled veteran, you have the right to request an accommodation if you are unable or limited in your ability to use or access our career center as a result of your disability. To request an accommodation, contact a Human Resources Representative at Pacific Life Insurance Company.