Senior Accountant I

Pacific Life • Charlotte, NC

23h

About The Position

Pacific Life is seeking a Senior Accountant I to perform bank reconciliation activities, including the preparation, maintenance, and reconciliation of bank accounts and related general ledger accounts. This role is responsible for reconciling cash activity between bank statements and the general ledger, identifying, researching, and resolving reconciling items such as timing differences, errors, and unusual transactions. The Senior Accountant I will prepare, record, analyze, and report accounting transactions, ensuring the integrity of cash and bank-related accounting records for completeness, accuracy, and compliance with established accounting policies, procedures, and internal controls. The position supports the execution and ongoing enhancement of reconciliation processes, controls, and standard operating procedures, partnering with Accounting, Finance, Operations, Treasury, and Technology teams to investigate discrepancies and ensure timely resolution of reconciling items. Key responsibilities also include assisting with period-end close activities, maintaining accurate records, contributing to process improvements, system enhancements, and operational efficiencies, and acting as a subject matter resource within the team for projects or initiatives impacting reconciliation processes. The company emphasizes a culture of diversity and inclusion, supporting employees to thrive and achieve their fullest potential.

Requirements

• BA/BS degree in Accounting, Finance, or related field (or equivalent experience)
• 5+ years of accounting, finance, or operations experience, with strong focus on bank reconciliation or cash accounting
• In-depth knowledge of reconciliation processes, general ledger systems, and financial controls
• Strong analytical and problem-solving skills with ability to resolve complex issues
• Ability to work independently, manage multiple priorities, and meet deadlines in a dynamic environment
• Strong communication skills, with ability to collaborate effectively across teams and functions

Nice To Haves

• Experience supporting process improvements, system implementations, or transformation initiatives preferred

Responsibilities

• Performs bank reconciliation activities, including the preparation, maintenance, and reconciliation of bank accounts and related general ledger accounts.
• Responsible for reconciling cash activity between bank statements and the general ledger, identifying, researching, and resolving reconciling items such as timing differences, errors, and unusual transactions.
• Prepares, records, analyzes, and reports accounting transactions, ensuring the integrity of cash and bank-related accounting records for completeness, accuracy, and compliance with established accounting policies, procedures, and internal controls.
• Supports the execution and ongoing enhancement of reconciliation processes, controls, and standard operating procedures.
• Partners with Accounting, Finance, Operations, Treasury, and Technology teams to investigate discrepancies, ensure timely resolution of reconciling items, and meet expectations under established Service Level Agreements.
• Assists with period-end close activities, including balance sheet substantiation, reporting, and audit support.
• Maintains accurate records of cash balances and reconciling items while contributing to process improvements, system enhancements, and operational efficiencies.
• Acts as a subject matter resource within the team and may support projects or initiatives impacting reconciliation processes.
• Performs and reviews complex bank, suspense, and system-to-general ledger reconciliations.
• Identifies, investigates, and resolves reconciling items, including timing differences, errors, and unusual transactions.
• Ensures reconciliation deliverables meet established timelines, quality standards, and Service Level Agreements.
• Analyzes reconciliation results and trends to identify root causes of discrepancies and recommends solutions.
• Applies best practices and functional expertise to improve processes, enhance efficiency, and strengthen controls.
• Partners with stakeholders to implement process improvements and resolve upstream or downstream issues impacting reconciliations.
• Supports the maintenance of internal controls (including ICFR) over reconciliation processes.
• Creates and maintains documentation of procedures, controls, and standard operating practices.
• Collaborates with business partners across Accounting, Operations, Treasury, and Technology to ensure alignment and data integrity.
• Acts as a resource for team members by providing guidance on complex reconciliation issues and best practices.
• May lead functional initiatives or support projects related to system implementations, process enhancements, or testing activities (e.g., UAT).
• Contributes to knowledge sharing and team development.

Benefits

• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Number of Employees: 501-1,000 employees