Begin by preparing a jelly roll pan, coating it with non-stick spray and lining it with parchment paper. Preheat the oven to 350°F.
In an electric mixer, whisk together the sugars and eggs for about 3 minutes until light and fluffy.
Add the pumpkin puree and vanilla extract, then whisk again.
Sift in the flour, baking powder, pumpkin pie spice, and salt. Gently fold until just combined; avoid overmixing.
Pour the batter into the prepared pan and bake for 15-17 minutes, or until a toothpick inserted in the center comes out clean.
While the cake is baking, lay a clean kitchen towel on the counter and sprinkle with powdered sugar. Once the cake is baked, immediately invert it onto the powdered sugar-dusted towel, then roll it tightly into a log. Chill in the fridge for about 2 hours until fully cooled.
Prepare the cream cheese frosting by combining the softened cream cheese, powdered sugar, and vanilla bean paste in an electric mixer.
Carefully unroll the cake and spread the cream cheese frosting evenly, leaving a 1-inch border.
Roll the cake back into a log and wrap in plastic wrap, then refrigerate for 30 minutes to 1 hour to firm up.
Dust with powdered sugar, slice, and enjoy!