Manager, Closed-end Fund Accounting, BDC

Oaktree is a leader among global investment managers specializing in alternative investments, with $193 billion in assets under management as of June 30, 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 Accounting Manager will be responsible for supporting the accounting and operations for one of Oaktree’s business development companies (BDCs) within its Global Private Debt Strategy.

Responsibilities will include:

• Resolving cash reconciliation items;
• Reviewing daily transaction postings;
• Recording of monthly closing accruals;
• Calculating management and incentive fees;
• Reviewing and reconciling capital activities and statements maintained by the transfer agent:
• Preparation of monthly fund reporting and performance metrics;
• Coordinating with independent auditors, custodians, and transfer agents;
• Assist in the production of monthly and quarterly reporting for leverage facilities;
• Reviewing quarterly and annual 10-Q and 10-K SEC filings;
• Participate in projects and continuous process improvements for key deliverables; and
• Performing other tasks as required.

Qualifications

• 5-7 years of relevant fund accounting experience.
• Strong knowledge of reconciliation and account analysis;
• Strong analytical skills and ability to understand and resolve complex problems;
• Proficiency in Microsoft Excel, Word and PowerPoint.
• Experience with Geneva and/or Geneva World Investor, accounting systems and Markit WSO (notice portal) is a plus.

Personal Attributes

• Relationship Building; works effectively with strong, diverse teams of people with multiple perspectives, talents, and backgrounds. Ability to elicit cooperation from and gain the confidence of a wide variety of participants including other departments and third-party service providers.
• Communication; excellent interpersonal and verbal/written communication skills.
• Independence & Collaboration; proficient at working both independently and in a team-oriented, collaborative environment; able to drive work effectively with limited supervision (at times) with high attention-to-detail.
• Flexibility & Organization; adapt to shifting priorities, demands and timelines through analytical and problem-solving capabilities; proven ability to multi-task and efficiently manage time across competing demands; able to effectively prioritize, execute tasks, and thrive in a high-pressure, fast-paced environment.
• Driving Results; drives issues to closure; is a self-starter committed to achieving results and has a strong sense of ownership and follow-through.

Education

Bachelor’s degree in Accounting or Finance. CPA preferred.

Base Salary Range

$95,000 - $145,000

In addition to a competitive base salary, you will be eligible to receive discretionary bonus incentives, a comprehensive benefits package and a flexible work arrangement.  The base salary offered will be commensurate with experience and/or qualifications, industry knowledge and expertise, as well as prior training and education.

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.