Senior Manager - Open-end Fund Accounting

Our Company

Oaktree is a leader among global investment managers specializing in alternative investments, with more than $220 billion in assets under management. The firm emphasizes an opportunistic, value-oriented, and risk-controlled approach to investments in credit, equity, and real estate. The firm has more than 1,400 employees and offices in more than 25 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 Oaktree’s website at Oaktree Capital Management

Responsibilities

The Accounting Snr Manager will be responsible for maintaining the books and records for Multi Strategy Accounting as well as reporting to internal groups at Oaktree including the PMs of the fund.

Responsibilities will include:

• Preparing and maintaining the books and records
• Preparing the daily NAV, cash and position reconciliation process for a multi-strategy credit fund
• Work on cash break resolution
• Work on position/asset break resolution
• Assess and process journal entries for the accrual of expenses
• Recording and reconciling of purchase and sale transactions;
• Recording capital activity based on daily reporting prepared by the Transfer Agent
• Assist with the accounting and recording for complex corporate actions;
• Estimating and posting of monthly closing accruals;
• Review of semi-annual and annual financial reports prepared by the fund administrator; including working with auditors and audit preparation
• Preparing quarterly corporate reporting, templates, etc. (4-pagers, FAS 157, SOI)
• Coordinating with funds’ independent auditors, custodians, and administrators;
• Assist in expense analysis, corporate expense reimbursement, expense cap tracking,
• Wire payment preparation and communication
• Preparing and/or assisting with the preparation of various ad-hoc requests from client services and the investment teams;
• Preparation of key inputs into compliance system for AIFMD Reporting
• Assist in internal and external audit confirmation responses.
• Performing other tasks as required.

Qualifications

• Minimum 10+ years relevant accounting or audit experience within Big Four public accounting or a mix of public accounting and investment 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 and Word;
• Experience with Geneva and/or Geneva World Investor accounting systems
• Financial Reporting and ARC experience is add on

Personal Attributes

• Self-motivated with strong attention to detail and excellent work ethic;
• Great organizational skills and is able to prioritize and handle complicated work efficiently and effectively;
• Takes initiative to ask questions and detect problems;
• Strong 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.

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.

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.

For positions based in Los Angeles

For those applying for a position in the city of Los Angeles, the firm will consider for employment qualified applicants with a criminal history in a manner consistent with applicable federal, state and local law.