Oaktree is a leader among global investment managers specializing in alternative investments, with $193 billion in assets under management. The firm emphasizes an opportunistic, value-oriented and risk-controlled approach to investments in credit, private equity, real assets and listed equities. The firm has over 1200 employees and offices in 23 cities worldwide.
We are committed to cultivating an environment that is collaborative, curious, inclusive and honors diversity of thought. Providing training and career development opportunities and emphasizing strong support for our local communities through philanthropic initiatives are essential to our culture.
For additional information please visit our website at www.oaktreecapital.com.
Responsibilities
The Manager, Closed-end Fund Accounting will be responsible for maintaining the books and records for various funds within the Global Private Debt business. Responsibilities will include:
- Preparation and maintenance of the books and records of pooled private investment funds organized as limited partnerships and/or separate accounts
- Accounting for and reconciliation of cash and investments
- Recording and reconciling of purchase and sale transactions
- Estimating and posting of monthly closing accruals
- Partnering with our corporate actions team in reviewing and accounting for complex corporate actions
- Preparation and/or review of complex management fee and waterfall calculations
- Preparation and/or review of allocations of income and expense allocations to each partner, including updating of distribution waterfall based on the terms of the governing documents
- Determining and preparing distributions and capital calls
- Preparing and reviewing of monthly, quarterly, and annual financial reporting
- Analyzing and calculating of performance metrics
- Coordinating with independent auditors, custodians, prime brokers and fund administrators
- Documenting processes and internal controls over financial reporting
- Performing other tasks as required
Qualifications
- 5-7 years of relevant accounting or audit experience. Big Four public accounting background is preferred.
- Strong knowledge of reconciliation and account analysis
- Strong technical accounting skills and the ability to apply relevant investment company accounting rules
- Solid analytical skills and ability to understand and resolve complex problems; and
- Proficiency in Microsoft Excel, Word and PowerPoint.
Personal Attributes
- Relationship Building; works effectively with strong, diverse teams of people with multiple perspectives, talents, and backgrounds. Ability to elicit cooperation from and gain the confidence of a wide variety of participants including other departments and third-party service providers.
- Communication; excellent interpersonal and verbal/written communication skills.
- Independence & Collaboration; proficient at working both independently and in a team-oriented, collaborative environment; able to drive work effectively with limited supervision (at times) with high attention-to-detail.
- Flexibility & Organization; adapt to shifting priorities, demands and timelines through analytical and problem-solving capabilities; proven ability to multi-task and efficiently manage time across competing demands; able to effectively prioritize, execute tasks, and thrive in a high-pressure, fast-paced environment.
- Driving Results; drives issues to closure; is a self-starter committed to achieving results and has a strong sense of ownership and follow-through.
Education
Bachelor’s degree in Accounting or Finance. CPA preferred.
Base Salary Range
$95,000-145,000
In addition to a competitive base salary, you will be eligible to receive discretionary bonus incentives, a comprehensive benefits package and a flexible work arrangement. The base salary offered will be commensurate with experience and/or qualifications, industry knowledge and expertise, as well as prior training and education.
Equal Opportunity Employment Policy
Oaktree is committed to diversity and to equal opportunity employment. Oaktree does not make employment decisions on the basis of race, creed, color, ethnicity, national origin, citizenship, religion, sex, sexual orientation, gender identity, gender expression, age, past or present physical or mental disability, HIV status, medical condition as defined by state law (genetic characteristics or cancer), pregnancy, childbirth and related medical conditions, veteran status, military service, marital status, familial status, genetic information, domestic violence victim status or any other classification protected by applicable federal, state and local laws and ordinances. This policy applies to hiring, placement, internal promotions, training, opportunities for advancement, recruitment advertising, transfers, demotions, layoffs, terminations, recruitment advertising, rates of pay and other forms of compensation and all other terms, conditions and privileges of employment. This policy applies to all Oaktree applicants, employees, clients, and contractors. Staff members wishing to report violations or suspected violations of this policy should contact the head of their department or Human Resources.
