Fund Controller (Business Development Company)
PIMCO
- Newport Beach, CA
- Permanent
- Full-time
- Manage the monthly NAV close process performed by the Fund Administrator with a focus on complex/illiquid assets accounting and valuation, fee and expense review and performance reporting.
- Control the investment closing process for illiquid assets focusing on the functions of finance, treasury, accounting and reporting. Collaborate and communicate effectively across multiple stakeholders, including portfolio management, tax and legal professionals; in addition to the operations team and third-party Fund Administrator.
- Prepare analysis on fund investment pipeline and liquidity.
- Responsible for fund treasury and projecting future fund cash flows for the liquidity management process (including, capital calls, distributions and coordination with the financing team).
- Work with the tax and legal teams to assist in the design and set-up of investment structures for illiquid investments.
- Communicate effectively with the Fund Administrator and other stakeholders to identify and solve issues.
- Contribute to the management and oversight the Fund Administrator through SLAs/KPIs and site visits.
- Control the fund expense process.
- Oversee the external audit, regulatory reporting and other financial reporting requirements.
- Oversee the completion of various regulatory, debt covenant compliance, and other reporting requirements.
- Own the financial information for key client deliverables (investor reports, capital statements and annual audited financial statements including 10-Q and 10-K SEC filings).
- Prepare and review materials for the BDC Board of Directors
- Utilize internal and external resources to respond to client, prospective client, and client consultant requests for information in a timely and accurate manner
- Lead the coordination and project management of various Alternative Funds Finance team projects and initiatives.
- Assisting with technology initiatives
- Performing research on new accounting pronouncements and their impact to the financial statements
- Target range of 9 -12 years of experience in financial accounting, audit or finance function for an alternative investment manager with exposure to credit, real estate, private equity funds or hedge funds
- Ability to implement accounting and reporting for investment structures for different asset classes
- Desire to understand transaction process flows and requirements and develop processes to solve complexities as they arise
- Exposure to private equity and hedge fund structures
- Experience with external audit processes and procedures
- Knowledge of accounting principles including US GAAP and Investment Company Accounting
- Bachelor’s degree with a major in Accounting or Finance
- Active or Inactive CPA license
- Ability to work in a fast paced, deadline driven environment
- Good quantitative/analytical and problem solving skills
- Highly organized, proficient at time management / project management
- Keen desire to learn and quickly absorbs new knowledge
- Excellent written /verbal communication skills
- Balance a sharp focus on details with an awareness of the bigger picture
- Foster a sense of teamwork, assisting others when needed /require