Financial Reporting Consultant at Pacific Life

Newport Beach, California, United States

Pacific Life Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Insurance, Financial ServicesIndustries

Requirements

  • Bachelor’s degree in Accounting, Finance, or related field
  • 10+ years of experience in accounting and financial reporting
  • Proficiency in Microsoft Office, including Excel, Teams, and Outlook
  • Strong analytical and problem-solving skills
  • Ability to manage multiple priorities under tight time constraints
  • What makes you stand out
  • CPA licensure or candidacy
  • Experience with PeopleSoft, Oracle, Essbase, or ARCs
  • Prior experience in public accounting and/or the insurance industry

Responsibilities

  • Stay ahead of evolving accounting issues by leading the design of accounting entries and reporting requirements for new transactions, collaborating with subject matter experts and stakeholders across various teams, and leveraging industry expertise to provide informed recommendations aligned with technical guidance and best practices
  • Lead quarterly analysis and reporting initiatives by identifying key trends, communicating drivers across corporate and intercompany impacts, and ensuring business events are accurately reflected in financial results and documentation
  • Provide essential support to the controllership function by managing journal entries and account reconciliations, ensuring compliance in multi-entity financial consolidations, assisting with intercompany settlements, audits, and financial reporting, and contributing to both small-scale and transformative Finance initiatives
  • Act as a subject matter expert by providing insights across functions, interpreting business issues, recommending improvements, shaping strategy, solving complex challenges with broad business impact, and effectively communicating technical concepts to diverse audiences

Skills

Key technologies and capabilities for this role

Financial ReportingAccountingJournal EntriesAccount ReconciliationsFinancial ConsolidationsIntercompany SettlementsAuditsGAAP

Questions & Answers

Common questions about this position

What is the salary for the Financial Reporting Consultant role?

This information is not specified in the job description.

Is this role remote or office-based?

This role is based in the Newport Beach, CA office with a hybrid work schedule.

What skills and experience are required for this position?

Candidates need a Bachelor’s degree in Accounting, Finance, or related field, 10+ years of experience in accounting and financial reporting, and proficiency in Microsoft Office including Excel, Teams, and Outlook. Strong analytical and problem-solving skills and the ability to manage multiple priorities under tight time constraints are also required.

What does the team structure look like for this role?

This is an existing role on a team of accounting professionals within the corporate division.

What benefits are offered, and what makes a candidate stand out?

Benefits start on day 1 and can be tailored to meet individual needs, with most employees eligible for additional incentive pay. Standing out includes CPA licensure or candidacy, experience with PeopleSoft, Oracle, Essbase, or ARCs, and prior experience in public accounting and/or the insurance industry.

Pacific Life

About Pacific Life

Newport Beach, CaliforniaHeadquarters
1868Year Founded
$189.4MTotal Funding
N/ACompany Stage
Fintech, Financial ServicesIndustries
1,001-5,000Employees

Benefits

Health Insurance
Paid Vacation
Paid Parental Leave
Adoption Assistance
401(k) Retirement Plan
401(k) Company Match

Risks

Increased competition in annuities market from companies like Prudential and MetLife.
Potential financial exposure from significant real estate investments.
Integration challenges with Selerix could affect customer satisfaction.

Differentiation

Pacific Life partners with T. Rowe Price for innovative Lifetime Income solutions.
Recognized as a top community-minded company, enhancing brand reputation and trust.
Real-time integration with Selerix improves benefits administration accuracy and efficiency.

Upsides

Lifetime Income solution attracts clients seeking secure retirement options.
Enhanced annuity products offer flexibility and growth, increasing product attractiveness.
Strong real estate financing position opens more sector opportunities.

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