Senior Manager, Fund Accounting - Opportunistic Credit

Our Company

Oaktree is a leader among global investment managers specializing in alternative investments, with $205 billion in assets under management as of December 31, 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.

Responsibilities

The Senior Manager will be responsible for maintaining the books and records for various Evergreen and Closed-end Partnerships, as we'll as reporting to clients and the portfolio group.

Responsibilities will include:

• Preparation and maintenance of the books and records of pooled private investment funds organized as limited partnerships and/or separate accounts
• Preparation and/or review of complex management fee and waterfall calculations
• Understanding of side pocket accounting
• Understanding of internal rate of returns, time weighted returns and multiple of capital calculations
• Recording and reconciliation of cash, investments and other balance sheet accounts
• Recording of purchase and sale transactions
• Accounting for complex corporate actions
• Estimating and posting of accruals
• 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 drawdowns
• Preparation monthly, quarterly, and annual financial reports
• Analyzing and calculating performance metrics for partnerships/accounts as we'll as for each investment
• Coordinating with funds independent auditors, custodians, prime brokers and fund administrators
• Performing other tasks as required.

Qualifications

• Minimum 7 years relevant accounting or audit experience within Big Four public accounting or a mix of public accounting and investment management industry experience
• Experience from a fund admin shop is a plus
• Strong knowledge of reconciliation and account analysis
• Experience in Geneva and Geneva World Investors preferred
• Knowledge of US GAAP accounting, IFRS GAAP is a plus, operations, reconciliations, account analysis, and management reporting
• 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; and
• Proficiency in Microsoft Excel, Word and PowerPoint. PowerBI is a plus

Personal Attributes

• Work Ethic: strong attention to detail and focus on continual development, performance, and accountability
• Organization: proven ability to multi-task and efficiently manage time across competing activities; able to effectively prioritize, execute tasks, and thrive in a high-pressure, fast-paced environment
• Independence: experience working both independently and in a team-oriented, collaborative environment; must be able to drive work effectively with limited supervision (at times); a self-starter with the ability to take initiative, ask questions, detect problems and provide solutions
• Flexibility: adapt to shifting priorities, demands and timelines through analytical and problem-solving capabilities
• Communication: strong interpersonal and written/verbal communication skills.

Education

bachelors degree in Accounting, Finance or related field (and/or equivalent experience). CA, MBA, or equivalent; CPA a plus.