Pacific Life

Accounting Policy Director

Pacific Life

full-time

Posted on:

Location Type: Hybrid

Location: OmahaCaliforniaNew YorkUnited States

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Salary

💰 $167,670 - $204,930 per year

Job Level

About the role

  • Support all aspects of US GAAP and US Statutory accounting policy activities associated with our investment portfolio.
  • Serve as a strategic accounting advisor to Pacific Life’s Investment Management group for complex investment structures and portfolio transactions.
  • Provide guidance on mortgage loans (residential and commercial), CECL, structured assets, alternatives, CLOs, and other sophisticated investment classes, ensuring accurate accounting and compliant financial reporting.
  • Prepare technical accounting position papers and memoranda supporting conclusions.
  • Provide subject matter expertise to business units responsible for preparing financial statements.
  • Lead the development, maintenance and publication of Pacific Life’s Accounting Policy and Transaction memos across all relevant accounting areas.
  • Assist in the identification, assessment, monitoring, and communication of new and emerging accounting guidance developed by the FASB and NAIC across relevant accounting areas.
  • Develop and execute internal training opportunities for the broader Finance organization.
  • Lead special projects requiring technical accounting leadership, analytical depth, and working with cross-functional teams.

Requirements

  • Experience in US GAAP and US Statutory accounting for investments.
  • Strong knowledge of investments and financial instruments, including mortgage loans, alternative investments, structured credit, securitizations, and consolidation.
  • Significant experience in US Statutory accounting for life and annuity insurance companies.
  • Demonstrated capability to independently research, resolve, and communicate complex technical accounting matters to senior leaders and cross-functional partners.
  • Bachelor’s degree required: Accounting focus.
  • CPA strongly preferred.
  • 10+ years of experience in accounting.
Benefits
  • 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.
  • 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.
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
US GAAPUS Statutory accountingmortgage loansCECLstructured assetsalternative investmentsCLOsfinancial reportingtechnical accountingfinancial statements
Soft Skills
strategic advisorsubject matter expertiseanalytical depthcommunicationleadershipcross-functional collaborationindependent researchproblem-solving
Certifications
CPA