Oaktree is a leader among global investment managers specializing in alternative investments, with $193 billion in assets under management as of June 30, 2024. 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.

The Manager, Closed-end Fund Accounting Power Opportunities will be responsible for maintaining the books and records for various private partnerships and accounts, as well as reporting to clients and the portfolio group.

Responsibilities

•Assist in overseeing and developing offshore vendor accounting teams, as well as engaging cross-functional partners across Tax, Valuation, Investor Relations, Corporate Accounting, and Reporting & Performance Accounting
• Work with investment professionals in monitoring portfolio performance’s impact on fund performance
•Contribute to cash and capital liquidity management and analysis; prepare strategic proposals for capital calls, distributions, and borrowing needs based on upcoming cash flow requirements and fund disbursements
•Manage the books and records of pooled private investment funds organized as limited partnerships and/or separate accounts
•Develop an understanding of complex fund and investment structures and reporting requirements
•Review complex investment transaction bookings, including purchases, sales, and other investment activities
•Review documentation for investor reporting and fund performance metrics
•Review the calculation of income and expense allocations to each partner, including the updating of distribution waterfall based on the terms of the governing documents
•Review detailed monthly, quarterly, and annual financial reports
•Coordinate with independent auditors, custodians, prime brokers and/or fund administrators
•Contribute to firm initiatives and/or special projects as needed to drive innovation and efficiency in fund accounting and operations. 
 

Qualifications

•Minimum 5-7 years relevant accounting or audit experience within Big Four public accounting or a mix of public accounting and asset management industry experience
•Strong knowledge of reconciliation and account analysis
•Excellent understanding of accounting and the ability to apply relevant investment company accounting rules
•Solid analytical skills and ability to understand and resolve complex problems;
•Proficiency in Microsoft Excel, Word and PowerPoint
•Experience with SQL and Power BI a plus.
 

Personal Attributes

•Self-motivated with strong attention to detail and excellent work ethic
•Proven organizational skills and ability to handle complicated work efficiently and effectively            
•Takes initiative to ask questions and detect problems
•Superior written and verbal communication skills with the ability to work effectively both individually and as a team; and
•Ability to understand and resolve complex problems.

Education

Bachelor’s degree in Accounting or Finance. CPA a plus.

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.