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Real Estate Equity Accounting Consultant

Pacific Life
life insurance, parental leave, paid time off, 401(k)
United States, California, Newport Beach
700 Newport Center Drive (Show on map)
Nov 09, 2024

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 Accounting Consultant to join our Real Estate Equity Accounting Team in Newport Beach, CA.

This role is hybrid. We believe in empowering our employees to get work done both in and out of the office. You'll work at least 2 days in our state-of-the-art Newport Beach headquarters.

As an Accounting Consultant you'll move Pacific Life, and your career, forward by performing and providing complex financial analyses, assisting with transactional analysis and support, and performing ad-hoc requests related to real estate equity investments. You will also be well versed in real estate investments and Yardi, being primarily responsible for Yardi system maintenance and related Yardi projects and enhancements, to further support functional strategy across the organization.

How you'll help move us forward:

Working as an independent contributor and filling a new role that is part of a team of 8 people in the Real Estate Equity accounting group, within the Corporate division of Pacific Life. Your colleagues will include Staff Accountants, Senior Accountants, Directors of Accounting, our Pacific Life Investments real estate equity acquisition and asset management teams, among others. This role directly supports the Director of Accounting for the Real Estate Equity accounting team. This role also works with our external auditors, and other departments within Pacific Life, including financial reporting, tax, FP&A and other accounting teams.

Operations Responsibilities

  • Property set up/maintenance in Yardi on an ad-hoc basis

  • Other Yardi Maintenance including Performance Manager design/setup and Voyager attributes

  • Be a Yardi SME and lead Yardi related projects on an ad hoc basis

  • Responsible for uploading budgets and maintaining mapping files within Yardi Voyager

Accounting/Reporting Responsibilities

  • Ensure the integrity of accounting records for completeness, accuracy, and compliance with GAAP and STAT

  • Preparation, maintenance, and reconciliation of general ledger accounts, management reports, and financial statements.

  • Assist with and review annual audit related items

  • Perform annual impairment analysis on the real estate investment portfolio

  • Assist Director with ad hoc decision support analysis for the Pacific Life Investments team

Leadership/Teamwork Responsibilities

  • Have initiative to solve issues independently. Be forward thinking and anticipate questions from management

  • Maintain a positive attitude and willingness to help the team. Be respected among team members

  • Have very good verbal and written communication. Keep open communication with team and management

  • Keep up to date on the status of assignments on a daily, weekly, monthly, quarterly, and annual basis.

  • Maintain good relations with key business partners and stakeholders

Innovation Responsibilities

  • Be supportive of and participate in company-wide, departmental, and team strategic initiatives

  • Participate in special projects as needed

  • Interpret internal or external business issues and recommend process, product, or service improvements.

  • 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

  • Solve unique or complex problems that have a broad impact on the business.

Other Responsibilities

  • Be respected as an expert in the organization

  • Take full ownership of assigned tasks and reports and be accountable during tight deadlines. Ability to multi-task and shift priorities, if needed.

  • Interprets internal or external business issues and recommends process, product, or serviceimprovements.

  • Contributes to the development of functional strategy.

  • Solves unique or complex problems that have a broad impact on the business.

  • Pays close attention to detail and ensure documentation of workpapers is clean and easy to follow

  • Ensure enough time is provided for the review to go through files, provide comments, and clear comments prior to submission due dates

  • Stay organized, be flexible, and open to new ideas

The experience you bring:

  • 10+ years of relevant accounting experience and a 4-year degree or equivalent experience.

  • Experience with Yardi or equivalent software solution, particularly the Investment Management module.

  • Real Estate Industry experience, particularly investment accounting or property management accounting.

  • Working knowledge of Microsoft Office Suite (Excel, Word, Outlook, Teams)

  • Strong Communication Skills

What makes you stand out:

  • CPA License

  • GAAP and STAT Accounting experience

  • Public Accounting experience

  • Prior experience with Oracle, Peoplesoft, Essbase

  • Ability to constructively handle ambiguity

#LI-KB1

#LI-HYBR

You can be who you are.

People come first here. We're committed to a diverse, equitable and inclusive workforce. Learn more about how we create a welcoming work environment through Diversity, Equity, and Inclusion at www.pacificlife.com. What's life like at Pacific Life? Visit Instagram.com/lifeatpacificlife.

Benefits start Day 1.

Your wellbeing is important. We're committed to providing 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 a 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.

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.

$144,630.00 - $176,770.00

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

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.

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