Vice President, Alts Treasury and Expense Manager

PIMCO is a global leader in active fixed income with deep expertise across public and private markets. We invest our clients' capital across a range of fixed income and credit opportunities, leveraging our decades of experience navigating complex debt markets. Our flexible capital base and deep relationships with issuers have helped us become one of the world's largest providers of traditional and nontraditional solutions for companies that need financing and investors who seek strong risk-adjusted returns.Since 1971, our people have shaped our organization through a high-performance inclusive culture, in which we celebrate diverse thinking. We invest in our people and strive to imprint our CORE values of Collaboration, Openness, Responsibility and Excellence. We believe each of us is here to help others succeed and this has led to PIMCO being recognized as an innovator, industry thought leader and trusted advisor to our clients.Position DescriptionWe are seeking a Treasury and Expense Manager to join our Alternative Operations team. Our global team supports PIMCO's AlternativesStructured Products business, which includes complex hedge funds and private equity vehicles. In this role, you will engage key stakeholders including Portfolio Management, Legal, Compliance, Finance, and external service providers to ensure accurate and timely management of team functions for our private hedge funds, private equity hedge fund, private SMA's, and manage staff focused on expenses, employee time tracking and treasury. LocationAustin, TX or New York, NY or Newport Beach, CAAbout You If the following qualities resonate with you, we encourage you to apply for this exciting opportunity. At PIMCO, we offer a dynamic work environment where you will have the chance to make a meaningful impact:Exceptional Organizational Skills and Resourcefulness: You excel in managing multiple projects with outstanding organizational and project management abilities. Your critical thinking skills enable you to solve complex problems creatively and resourcefully. You are self-motivated, committed to excellence, and demonstrate strong attention to detail, along with excellent interpersonal and communication skills.Adaptability and Collaboration: You thrive in dynamic, fast-paced environments, adept at navigating shifting priorities and ambiguity. Collaboration is key to your approach, as you build positive relationships and work effectively across diverse teams. Your emotional intelligence, adaptability, and resilience equip you to manage unstructured processes and demanding responsibilities tegrity and Continuous Learning: Your actions reflect high ethical standards and integrity, earning you credibility and trust. An intellectually curious individual, you are dedicated to professional development and staying abreast of industry trends. You contribute positively to the work environment and organizational culture, aligning with PIMCO's core values of Collaboration, Openness, Responsibility, and Excellence.ResponsibilitiesThe key responsibilities include, but are not limited to:Manage expense management, affiliated service provider, and treasury functions on behalf of the Alternatives business.Oversee internal and external managed service staff (approximately 15 resources) responsible for day-to-day operations.Support global teams by providing training and guidance on team policies and municate with internal and external stakeholders including admins, managed service outsourced providers, vendors, PIMCO executives, and teams in accounting, valuation, tax, operations, cash desk, and portfolio and asset management.Strategize and implement improved operating models to create scale and efficiencies of business functions, including outsourcing and technology buildbuy decisions.Develop and streamline data and reporting needs for the Alts business, particularly in relation to team functions.Ensure a proper control environment and assist with audits related to team functions.Team ResponsibilitiesExpense ManagementStreamline vendor management and resolve issues to improve automation and scale of the AP function on behalf of PIMCO Alts Funds, Management Company expenses related to Alts and Private SMAs.Ensure the team accurately calculates expense allocation across funds and assigns appropriate accounting treatment, which includes:Applying PIMCO Alternative Fund's expense and allocation municating effectively with portfolio managers, fund controllers, legal, and tax teams.Knowledge and administration of the Chart of Accounts.Applying allocation policy to accurately calculate expense allocations.Understanding private fund structures.Address expense-related inquiries from internal and external clients.Build or buy technology to scale team responsibilities.Ensure allocation memos that govern new allocations are properly coordinated.Affiliated Service Provider ManagementManage the end-to-end process for employee chargebacks via PIMCO's affiliated service provider.Ensure staff understand the framework and policies of time tracking requirements.Monitor and correct data issues with time tracking submissions.Help ensure new or changes to policies and rules are implemented in a timely manner.Monitor the timeliness of submissions and ensure proper invoice allocations and payments to the management company.Provide standardized and ad hoc reporting as needed.Support business leaders in Legal & Compliance, Finance, and Operations to drive the expansion of Aurora and explore new paths for revenue and fee optimization.Treasury ManagementOversee daily cash positioning, including managing daily liquidity and cash positions throughout the fund(s) structure.Build out cash transfer funding processes to cure liquidity needs for all payments across the alternatives fundsCash Sweeps:Partner with tech and accounting team to automate cash sweep monitoring and processingPrepare cash transfers via the Alts Treasury Management System (ATMS) and submit for municate regularly with control teams, portfolio management, and the cash desk to ensure idle cash is invested to create optimal alpha.Develop and apply in-depth knowledge of Alts funds' structure charts, economic ownership data, and capital allocations to correctly move cash through the funds.Overdrawn Coverage:Monitor overdrawn accounts for select funds overseen by the Treasury team.Email Fund Controller with proposed resolutions (e.g., cash transfer, LOC draw, capital call).If a cash transfer is required, set up a notification through the cash transfer portal.Partner with the cash desk and alts technology teams to develop cash management and liquidity automation via the in-house treasury management system (ATMS).Daily Liquidity Updates:Update the Daily Liquidity File for select funds overseen by the Treasury team, including dates, manual cash adjustments, and client-defined statistics (e.g., NAV, total cash, restricted cash, line of credit capacity, etc.).Reconcile and resolve differences between fund admin booking instructions and cash transfer activity.Payment Proposals Execution:Regularly execute payment proposals for vendor payments utilizing third-party payment processing software (G-Treasury) and SAP accounting vestigate any failed payments and provide payment support and ad hoc reporting through ATMS andor banking platforms.Help oversee and manage banking relationships and ensure proper application of fee schedules.Role Requirements Minimum of a Bachelor's Degree required.8-15 years of experience in TreasuryExpense Management.Experience with private equity hedge structures (3,000+ legal entities) is a plus.Prior use of expense management systems.Prior people management experience is desirable.Proven problem-solving and analytical skills.Proficient in managing multiple priorities while maintaining flexibility to adapt to changing business demands.Excellent written and verbal communication skills, suitable for client meetings.Good working knowledge of Excel is essential.Understanding of complex allocation methodologies and Alternatives investment manager accounts payable functions is a plus.Must be professional and able to work with internal and external clients, proactively responding to inquiries and developing strong working relationships.PIMCO follows a total compensation approach when rewarding employees which includes a base salary and a discretionary bonus. Base salary is the fixed component of compensation that is determined by core job responsibilities, relevant experience, internal level, and market factors. The discretionary bonus is used to award performance and therefore is determined by company, business, team, and individual performance.Salary Range: $ 175,000.00 - $ 240,000.00Equal Employment Opportunity and Affirmative Action StatementPIMCO recruits and hires qualified candidates without regard to race, national origin, ancestry, religion (including religious dress and grooming practices), sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), sexual orientation, gender (including gender identity and expression), age, military or veteran status, disability (physical or mental), any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other basis such as medical condition, or marital status under applicable laws.Applicants with DisabilitiesPIMCO is an Equal Employment OpportunityAffirmative Action employer. We provide reasonable accommodation for qualified individuals with disabilities, including veterans, in job application procedures. If you have any difficulty using our online system due to a disability and you would like to request an accommodation, you may contact us at 949-720-7744 and leave a message. This is a dedicated line designed exclusively to assist job seekers with disabilities to apply online. Only messages left for this purpose will be considered. A response to your request may take up to two business days.

Created: 2025-02-19