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.
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 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.
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; and
Proficiency in Microsoft Excel, Word and PowerPoint.
Personal Attributes
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; and
Ability to understand and resolve complex problems.
Education
Bachelor's degree in Accounting or Finance. CPA a plus.
Base Salary Range
$145,000-$190,000 + discretionary bonus and comprehensive benefits package
Equal Opportunity Employment Policy
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.
Benefits
Equity / stock optionsPerformance bonus
Additional Information
Our Company
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 .
Oaktree · Los Angeles, CA