Job Description
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,