[dad911]

Keep in mind that pipe may be full of water.... and will probably leak unless you drop the water level in the pool below the pipe when you cut it.

I also don't see how you will move it further from the pool w/o splicing the wires, which shouldn't be done between the deck box and the pool. (splice could be sitting in water)

When I did my pool, I had them order fixtures with long wires, so I could mount these boxes back at the equipment pad. I don't know why pool contractors don't do that, the junction boxes look like hell near the pool.

Frankly, at this point I'd hide it.........