Assistant Vice President, Closed-end Fund Accounting

Oaktree Capital Management, L.P.•Los Angeles, CA

10d•$145,000 - $190,000

About The Position

Oaktree is a leader among global investment managers specializing in alternative investments, with over $200 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 1400 employees and offices in 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 our website at www.oaktreecapital.com. The Assistant Vice President 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.

Requirements

A minimum 10-12 years relevant accounting or audit experience with a mix of Big Four 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
Strong understanding and experience with a back leverage facility/financing structure
Understanding of investment exclusion rights/participation
Knowledge of season and sell strategy/treatment
Solid analytical skills and ability to understand and resolve complex problems
Knowledge of Geneva/GWI and Investran
Proficiency in Microsoft Excel, Word and PowerPoint
Self-motivated with strong attention to detail and excellent work ethic
Great organizational skills and able 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
Ability to understand and resolve complex problems

Nice To Haves

CPA a plus

Responsibilities

Preparing and maintaining the books and records of pooled private investment funds organized as limited partnerships and/or separate accounts
Accounting for and reconciliation of cash, investments and real property
Recording and reconciling of purchase and sale transactions
Accounting for complex corporate actions
Estimating and posting of monthly closing accruals
Calculating 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 draw-downs
Preparing of monthly, quarterly, and annual financial reports to clients
Analyzing and calculating of performance metrics for partnerships/accounts as well as for each investment
Coordinating with funds’ independent auditors, custodians, prime brokers and fund administrators
Performing other tasks as required