Senior Financial Reporting Analyst

Posted 3 Days Ago
Be an Early Applicant
Newport Beach, CA, USA
In-Office
103K-126K Annually
Senior level
Financial Services
The Role
Reviews quarterly financial statements, notes, reporting schedules, budgets, expenses, and Board of Trustee reports. Supports external audits, updates internal control narratives, researches new GAAP pronouncements, and performs transfer agent reconciliations and price tolerance reviews. Prepares GAAP, IFRS, and statutory reports, analyzes variances, maintains audit documentation, assesses regulatory requirements, and recommends actions to mitigate financial reporting risks.
Summary Generated by Built In

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 Senior Financial Reporting Analyst to join the Variable Products Accounting team in Newport Beach, CA.

As a Senior Financial Reporting Analyst, you’ll move Pacific Life, and your career, forward by reviewing Pacific Select Fund financial statements, related notes, and other financial reporting schedules on a quarterly basis. The position also oversees expense and budgeting activities and Board of Trustee reporting. The position supports the annual audits with external auditors, updates internal control narratives, and researches new GAAP pronouncements.  On a rotational basis this role supports the daily transfer agent responsibilities, such as, reviews of daily share reconciliations and price tolerances.


You will fill a new role that sits on a team of 14 people in the Variable Products Accounting team within Corporate Accounting & Reporting.


How you'll help move us forward:


  • Gather financial information from various sources within the company to prepare US GAAP (e.g., Generally Accepted Accounting Principles, International Financial Reporting Standards, etc.), and statutory financial statements, surveys, and ad hoc reports for use by internal management and/or required by external regulatory reporting agencies (annually, quarterly, and/or more frequently).
  • Gather reference material concerning new and existing technical accounting literature to ensure all reports and disclosures comply with applicable government regulations, professional standards and company policies.
  • Assess external requirements, guidelines, peer disclosures, and market changes (e.g. GAAP, IFRS) which can impact the business, and is able to apply those to Pacific Life' context. 
  • Review financial numbers for unusual variances and provides recommendations or explanations. Provides appropriate audit documentation throughout the year, escalating issues with risk of financial exposure to management and making recommendations to mitigate risk.


The experience you bring
:


  • Bachelor’s degree in accounting preferred.
  • Three to five years of financial reporting and auditing experience; mutual fund industry experience highly desired.
  • One to two years of public accounting experience preferred.
  • Ability to work under tight deadlines, particularly during quarterly financial reporting periods.
  • Availability for extended hours during peak reporting periods, including January–March.
  • Excellent organizational, documentation, and communication skills.
  • Strong analytical and problem-solving skills.
  • Proficiency with Microsoft Excel, and Word.
  • Works independently, receives minimal guidance. 

What makes you stand out:

  • CPA designation
  • Mutual fund industry experience

#LI-KB1

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.

$103,140.00 - $126,060.00

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

You Can Be Who You Are

We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential.

What’s life like at Pacific Life? Visit Instagram.com/lifeatpacificlife

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.

Skills Required

  • Bachelor's degree in accounting
  • Three to five years of financial reporting and auditing experience
  • Mutual fund industry experience
  • One to two years of public accounting experience
  • Ability to work under tight deadlines during quarterly reporting periods
  • Availability for extended hours during peak reporting periods, including January through March
  • Excellent organizational, documentation, and communication skills
  • Strong analytical and problem-solving skills
  • Proficiency with Microsoft Excel and Microsoft Word
  • Ability to work independently with minimal guidance
  • CPA designation

Pacific Life Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Pacific Life and has not been reviewed or approved by Pacific Life.

  • Retirement Support — Retirement funding includes both an automatic company contribution and a dollar‑for‑dollar 401(k) match, positioned as a standout element of the package. Vesting is defined at three years in official materials.
  • Leave & Time Off Breadth — Time off is described as generous and scalable with tenure, complemented by multiple paid holidays and options to augment PTO. Paid parental leave and adoption assistance further extend coverage for families.
  • Wellbeing & Lifestyle Benefits — A flexible annual wellbeing reimbursement supports diverse needs alongside counseling resources and wellness tools. Day‑one eligibility for core coverages adds immediate lifestyle value.

Pacific Life Insights

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The Company
HQ: Newport Beach, CA
3,447 Employees
Year Founded: 1868

What We Do

For more than 150 years, Pacific Life has helped millions of individuals and families with their financial needs through a wide range of life insurance products, annuities, and mutual funds, and offers a variety of investment products and services to individuals, businesses, and pension plans. Whether your goal is to protect loved ones or grow your assets for retirement, Pacific Life offers innovative products and services that provide value and financial security for current and future generations. Pacific Life counts more than half of the 100 largest U.S. companies as its clients and has been named one of the 2022 World’s Most Ethical Companies® by the Ethisphere Institute. For additional company information, including current financial strength ratings, visit www.PacificLife.com. Pacific Life refers to Pacific Life Insurance Company and its affiliates, including Pacific Life & Annuity Company. Client count as of June 2022 is compiled by Pacific Life using the 2022 FORTUNE 500® list. Learn more about Pacific Life: www.instagram.com/pacificlife www.twitter.com/pacificlife www.facebook.com/PacificLife www.youtube.com/user/PacificLifeInsurance Please review our social media guidelines: paclife.co/social

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