Accounting Manager – Income & Yield Forecasting (PAY Group)

PIMCO•Newport Beach, CA

39d•$112,000 - $128,000•Hybrid

About The Position

PIMCO is seeking an experienced Accounting Manager – Income & Yield Forecasting to join its Accounting and Yield Services (PAY) Group. This team operates PIMCO's proprietary income and yield forecasting platform (PAY), which provides forward-looking income forecasting, accounting analysis, and decision-support insights for a wide range of investment products and strategies. The PAY platform is utilized by senior stakeholders across the firm, including the Executive Office, Portfolio Managers, Product Strategists, and Fund Management, to evaluate expected income, yield, distributions, and related outcomes. This role is crucial for informing portfolio positioning, distribution planning, risk assessment, and strategic business decisions. It is a highly visible, hands-on position at the intersection of investments, accounting, forecasting, and analytics. The successful candidate will lead a team of forecasting professionals, oversee outsourced service providers, and serve as a subject matter expert on income and yield forecasting. This role requires a broad understanding of investment strategies and how portfolio positioning, security selection, market conditions, accounting outcomes, and business decisions influence forecast assumptions and results. The ideal candidate will be proactive, willing to engage deeply with complex data, investigate anomalies, challenge assumptions, and understand the underlying drivers of forecast results. Success hinges on combining strong technical accounting and investment expertise with analytical rigor, intellectual curiosity, and sound judgment. The role involves investigative problem-solving and decision support, with an emphasis on research, root cause analysis, and translating complex findings into clear, actionable insights for sophisticated audiences. This is an opportunity to lead and scale a critical forecasting capability that supports key investment and business decisions, contributing to the evolution of PIMCO's proprietary forecasting platform and business processes through collaboration with technology teams, data providers, and business partners. The role offers the chance to develop deep expertise across various investment products and strategies, lead a high-impact team, shape a critical forecasting function, and directly influence firm-wide investment and business decisions.

Requirements

Bachelor's degree required.
Minimum 7 years of experience in investment management, fund accounting, financial planning and analysis, consulting, fund administration, audit, or related financial services functions.
Experience supporting investment decision-making, forecasting, income analysis, yield analysis, accounting advisory, or other analytical functions within investment management.
Strong knowledge of fixed income accounting and related accounting concepts, with particular emphasis on asset income and yield-related accounting.
Strong understanding of the relationship between investment activity, accounting outcomes, income generation, and distribution strategies.
Strong analytical and problem-solving skills, including experience analyzing complex financial data, evaluating data quality, challenging assumptions, identifying anomalies, and translating findings into meaningful business insights.
Experience leveraging technology, AI, data, and automation to improve business outcomes, modernize processes, and enhance efficiency, scalability, and effectiveness.
Experience supporting front-office stakeholders, portfolio management teams, product teams, or other business partners in a consultative capacity highly desirable.
Appreciation for the importance of audit, controls, governance, and policy frameworks.
Exposure to equities, derivatives, leveraged products, and other asset classes preferred.
Experience utilizing analytical tools such as Excel, Bloomberg, SQL, database queries, or similar technologies to validate analyses and develop insights.
Experience partnering with technology teams to enhance systems, automate processes, or develop new analytical capabilities.
Experience managing employees and providing oversight of vendors, consultants, and outsourced service providers.

Nice To Haves

CPA and/or CFA designation preferred.

Responsibilities

Manage the oversight and administration of PIMCO's proprietary income and yield forecasting platform (PAY), with a primary focus on yield-sensitive investment strategies, including Income, High Yield, Money Market, and Short-Term products.
Lead a team responsible for producing, reviewing, and delivering income, yield, expense, and distribution forecasts used by Portfolio Managers, Product Strategists, Executive Leadership, Boards, and other key stakeholders.
Serve as a senior reviewer and subject matter expert for forecast outputs, validating assumptions, investigating variances, and ensuring forecasts are accurate, supportable, and decision-ready.
Analyze forecast drivers at the fund, sector, asset class, and security levels to identify risks, opportunities, trends, and implications for investment and business decisions; investigate anomalies and forecast-versus-actual variances to improve forecast accuracy and reliability.
Assess the impact of investment activity, portfolio positioning, market events, distribution targets, accounting outcomes, and other business initiatives on future income and yield expectations.
Partner with investment professionals, business leaders, and other stakeholders to provide forecasting analyses, insights, and recommendations that inform investment and business decisions.
Research and communicate the accounting implications of investment activity, new instruments, trading strategies, portfolio changes, and other business initiatives.
Drive enhancements to forecasting methodologies, data quality, analytical frameworks, business processes, reporting capabilities, and supporting technology platforms.
Utilize data analysis tools to extract, validate, and analyze large datasets that support forecasting and decision-making activities; partner closely with technology teams to develop business requirements and enhance forecasting infrastructure.
Lead projects related to technology enhancements, process improvements, regulatory changes, and new business integration initiatives.
Identify and drive the adoption of technology, AI, data, and automation capabilities to improve efficiency, enhance quality, scale operations, and increase the impact of the function.
Provide oversight of third-party service providers and vendor relationships, ensuring high-quality deliverables and adherence to service standards.
Lead and develop a team of employees while fostering a culture of accountability, collaboration, continuous improvement, and excellence.
Embody PIMCO's CORE Values: Collaboration, Openness, Responsibility, and Excellence.