Reserve about ¾ cup of the frosting and set aside. Tint the remaining frosting pink, or the color of your choice. Fill a piping bag fitted with a large round tip with some of the pink frosting and set aside.
Once the cakes have completely cooled, trim the tops with a serrated knife until flat, if necessary. Place the bottom layer of cake on a cake board, serving dish, or rotating cake stand. Pipe a ring of frosting around the top edge of the cake. Fill the ring with about ½ cup of frosting and spread it out with an offset spatula. While spreading the frosting, gently press down with the spatula (or the back of a spoon) in the center to create a shallow “bowl” of frosting, the edges matching up with the piped frosting “dam” around the edges.
Fill the middle of the frosting with ¼ cup strawberry jam and spread until smooth. Top the filling with a second layer of cake and repeat. Flip the final layer of cake upside down and place on top of the cake. Gently press down to secure and make sure the sides of the cake are straight.
Fill in any gaps between the layers with frosting. It is very important that none of the strawberry jam squeezes out between the layers of cake.
Crumb coat the cake by spreading a thin layer of frosting over the top and sides of the cake. Chill in the refrigerator for 15 minutes.
Smoothly frost the cake with the remaining frosting. To finish, gently touch the tip of the offset spatula to the side of the cake (near the bottom). As you spin the cake stand, gradually move the spatula up the side of the cake to create the wavey texture. Clean off the top of the cake by gently pulling the excess frosting around the edges towards the center of the cake with a small offset spatula.
Fill a piping bag fitted with a French Star Tip with the reserved plain buttercream. Pipe star “kisses” around the top edge of the frosted cake. Place a cut strawberry on each dollop and finish with a sprinkle of sugar pearls.