Assistant Vice President, Fund Accounting

Our Company

Oaktree is a leader among global investment managers specializing in alternative investments, with $203 billion in assets under management as of March 31, 2025. 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 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

Responsibilities

The Assistant Vice President will be responsible for maintaining the books and records for various private partnerships and accounts within the Global Private Debt business, as well as reporting to clients and the portfolio group, and collaborating closely across our team and managing credit facility and or subline facility reporting for certain funds. Effective communication and collaboration skills are critical to success in this position. Responsibilities will include:

• Preparation and maintenance of the books and records of pooled private investment funds organized as limited partnerships and/or separate accounts.
• Work in partnership with the investment team, Deal and Cash operations teams regarding cash management for fund(s).
• Work in partnership with investment professionals in monitoring portfolio's impact on fund performance, as applicable.
• Review investment transaction bookings, including purchases, sales, corporate actions and other investment activities.
• Analyze cash and liquidity needs of fund(s); prepare proposals for capital calls, distributions, and borrowing needs based on upcoming cash flow requirements and fund disbursements.
• Collaborate with partners across Tax, Valuation, Compliance, Client Services, Corporate Accounting, and Reporting & Performance groups.
• Monitor and recommend FX hedging; work with the Treasury team to execute FX trades and ensure best practices for adhering to reporting obligations.
• Oversee the monthly closing process for the fund(s); which includes calculating management and incentive fees and reviewing accruals and reconciliations based on terms of the governing documents.
• Review and or prepare capital activity including capital calls, distributions, subscriptions and redemptions.
• Partnering with our corporate actions team in reviewing and accounting for complex corporate actions
• 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
• Review and/or prepare quarterly and annual financial statements prepared in accordance with U.S. GAAP.
• Preparing and reviewing of monthly, quarterly, and annual financial reporting to clients
• Analyzing and calculating performance metrics
• Coordinating with independent auditors, custodians, prime brokers and fund administrators
• Participate in firm initiatives and/or special projects as needed to drive innovation and efficiency in fund accounting
• Performing other tasks as required

Qualifications

• 12+ years of relevant accounting or audit experience. Big Four public accounting background is preferred.
• Strong technical accounting skills and the ability to apply relevant investment company accounting rules
• Solid analytical skills and ability to understand and resolve complex problems.
• Experience with Geneva and/or Geneva World Investor, accounting systems and Markit WSO/SS&C (notice portal) is a plus
• Proficiency in Microsoft Excel, Word and PowerPoint.

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.
• Intellectual Curiosity; energized by learning new things and engaging across a wide range of issues; adept at conducting research into project-related issues; display a technical aptitude that lends itself to learning and mastering new technologies.

Education

Bachelor's degree in Accounting or Finance. CA preferred.

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.