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
Scope And Responsibilities
The Corporate Accounting, International Accounting and Corporate Finance Departments at Oaktree are seeking to add a highly skilled and experienced Vice President to serve as a strategic leader that will manage financial operations, manage regulatory compliance, drive the continued transformation of our key processes and systems, partner with teams across the Finance Organization and Oaktree, support business decision-making, and develop a high performing team.
Strategy & Change Management Responsibilities
- Assist in developing and driving the strategic vision of the CFO organization and accounting and finance functions;
- Challenge the status quo and oversee the creation of best-in-class global business processes;
- Partner with Oaktree leadership to re-assess reporting needs and deliver value-add, qualitative reporting;
- Drive a more efficient and value-add monthly and quarterly close process, creating improved visibility to leadership and budget owners
- Automation of cash processes, payroll processes, compensation calculations, prepayment functionality, investment accounting, revenue recognition, etc.
- Modelling and budgeting processes
- Partner with Treasury during implementation of their Treasury Management System (including evaluation of impact on and opportunities to benefit accounting and finance operational processes)
Core Functional Responsibilities
- End-to-end responsibility for financial oversight of Oaktree India Legal Entities
- Regulatory Compliance with statutory obligations including overseeing the audit process
- Cash Flow & Treasury Management
- Support oversight of operational accounting functions, including cash management, due from funds and other receivables, compensation and benefits, accounts payable, fixed assets, financing and investing arrangements and related interest income and expense, various general and administrative expenses
- Oversee the firm’s calculation of AUM in partnership with key stakeholders across the organization.
- Drive coordination and relationships within accounting and finance teams, and with other teams such as Corporate Treasury, Fund Treasury, Accounts Payable/Expense Allocation, and Tax;
- Manage development, documentation, execution and maintenance of accounting and finance policies, including training within and across departments;
- Support interactions with external audit firm regarding annual audits and quarterly reviews; work with auditors to bring efficiencies to the audit process.
Leadership & Development
- Leadership: Responsible for day-to-day leadership and development of their direct and indirect reports, management of key stakeholders and relationships
- Business Process Improvement & Technology: Play a key role in leading accounting process improvements, change initiatives, streamlining processes, developing metrics, and creating efficiencies within the department.
- Driving Results: Sets aggressive timelines and objectives to drive results, conveys a sense of urgency
- Judgment: Makes recommendations and decisions that balance a variety of factors.
Experience Required
- Minimum 10 years’ experience in accounting, financial reporting and FP&A at a public accounting firm and/or the accounting function of a publicly traded company in progressive accounting and finance roles;
- Asset management experience preferred;
- Strong knowledge of US GAAP and India GAAP and SOX is required and working knowledge of IFRS is an added plus;
- Excellent understanding of legal entity and investment structures as well as operational concepts;
- Experience with Workday, Adaptive, Workiva, or other accounting and reporting systems a must; and,
- Proficiency in Microsoft Excel, PowerPoint and Word.
Education
A Bachelor’s degree in Accounting, Finance or related field; CPA preferred; Graduate degree 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. 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.
