Expense Accounting, Internal Control, VBA & Reporting, Analyst

Responsibilities

• The Expense Advisory team is a newly established function within Expense Management & Analysis, focused on improving the accuracy and consistency of expense coding and allocation decisions at the source.
• This role is not a traditional processing role - it is an analytical and advisory position that partners with expense owners, Fund Accounting, and corporate functions to ensure expenses are appropriately coded, allocated, and aligned according to policy and funds' governing documents.
• The Analyst will develop subject matter expertise across vendors, business activities, and allocation methodologies, and will play a key role in identifying and preventing errors before they propagate through the expense lifecycle.
• Typical responsibilities:
• Expense Advisory & Business Partnership
• Partner with expense owners and cost center administrators to provide guidance on expense coding and allocation
• AdviseAdvice on appropriate corporate vs fund treatment based on nature of spend
• Support resolution of complex or ambiguous expense scenarios
• Vendor & Expense Expertise
• Develop subject matter expertise on key vendors, services, and recurring expense types
• Document and maintain standardized coding and allocation approaches
• Identify inconsistencies and recommend improvements
• Fund Allocation & Policy Alignment
• Partner with Fund Accounting to understand fund expense allowability and strategy-specific nuances
• Support interpretation of fund governing documents as they relate to expense allocation
• Help ensure consistency in allocation instructions across similar scenarios
• Process Improvement & Rejection Reduction
• Analyze historical errors, rework, and Fund Accounting rejections
• Identify root causes and recommend solutions
• Support initiatives to reduce manual rework and improve first-pass accuracy
• Knowledge Base & Documentation
• Build and maintain centralized documentation of: supplier relationships
• coding standards
• allocation methodologies
• Contribute to development of guidance materials for the broader organization

Requirements

• 6+ years of experience, preferably in Accounts Payable, Accounts Receivable, Accounting, or Master Data Management within the financial services industry, and preferably in the investment management industry
• Prefer experience within Public Accounting and Investment firms, preferably with a focus on consulting, audit and/or corporate finance functions
• Track record in business analysis and process improvement
• Strong analytical skills and ability to understand and resolve complex problems
• Experience working with judgment-based processes or ambiguous data
• Experience in stakeholder-facing roles
• Experience analyzing data to identify trends, inconsistencies, and root causes
• Expertise in Workday, Microsoft Excel, Word, PowerPoint, and Power BI
• Personal Attributes
• Communication: strong interpersonal and verbal/written communication skills; ability to present complex material.
• Independence & Collaboration: experience at working both independently and in a team-oriented, collaborative environment; must be able to drive work effectively with limited supervision (at times) while representing department and executive management interests and concerns.
• Work Ethic: focus on continual development, performance, accountability, and self-motivation.
• Driving Results sets aggressive timelines and objectives to drive results, conveys a sense of urgency, and drives issues t

Benefits

Additional Information

Our Company Oaktree is a leader among global investment managers specializing in alternative investments, with $223 billion in assets under management as of December 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 1,400 employees and offices in 25 cities worldwide. For additional information please visit our website at www.oaktreecapital.com .

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