Our company
Oaktree is a leader among global investment managers specializing in alternative investments, with $189 billion in assets under management as of December 31, 2023. 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 1,200 employees and offices in 22 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 Senior Manager will be primarily responsible for oversight of the accounting and financial reporting process of various credit-oriented closed-end funds. The role will require coordination and communication with investment, tax, legal teams and management of external service providers. Responsibilities will include:
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 monthly, quarterly, and annual financial reports to clients;
Analysing 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.
Experience Required
Minimum 6 years of relevant accounting or audit experience with a combination of Big Four accounting and investment management industry experience;
Strong knowledge of alternative investment funds, investment companies and the alternative asset management industry;
Thorough understanding of accounting and the ability to apply relevant investment company accounting rules;
Experience of complex multi-jurisdictional structures, ideally including Luxembourg and Singapore;
Excellent communication skills with the ability to collaborate across a large organization;
Solid analytical skills and ability to understand and resolve complex problems;
Advanced Microsoft Excel.
Personal Attributes
Self-motivated with strong attention to detail and excellent work ethic;
Ability to build good working relationships and gain confidence of others;
Great organizational skills and is 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; and
Ability to understand and resolve complex problems.
Education
Bachelor’s degree
ACA/CPA/ACCA
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.