Open end Fund Accounting (SMA), Assistant Vice President

Responsibilities

• The Accounting Manager/Senior Manager will be responsible for maintaining the shadow books and records for open-end funds and separately managed accounts as well as reporting to internal groups at Oaktree including the PMs of the fund.
• Responsibilities will include:
• Ensuring funds are being accounted for pursuant to the governing fund documents.
• Reviewing the work performed by their junior team members around maintaining the books and records of open-ended commingled funds, separately managed accounts and Luxembourg SICAVs;
• Overseeing the daily NAV, cash and position reconciliation process for an open-ended fund
• Oversee the work of junior team members, including reviewing their work and providing on the job training
• Support cash break resolution
• Support position/asset break resolution
• Reviewing management fees prepared by the fund administrator or junior team members, as appropriate
• Assess and process journal entries for the accrual of expenses
• Recording and reconciling of purchase and sale transactions;
• Assist with the accounting and recording for complex corporate actions;
• Estimating and posting of monthly closing accruals;
• Review of financial statements
• Review of junior team member's work around quarterly corporate reporting, templates, etc. (4-pagers, FAS 157, SOI)
• Coordinating with funds and separately managed accounts' independent auditors, custodians, and administrators;
• Assist in expense analysis, corporate expense reimbursement, expense cap tracking,
• Wire payment preparation and communication
• Reviewing the work of junior team members around various ad-hoc requests from client services and the investment teams;
• Review of key inputs prepared by the junior team members inputted into compliance system for AIFMD Reporting and Form PF
• Assist in communication and setup of new funds on the various accounting, marketing, performance, and trading systems
• Assist in internal and external audit confirmation responses.
• Ensuring compliance with key financial reporting controls and ensuring that evidentiary matter is appropriately documented to comply with the requirements of Sarbanes-Oxley;
• Participating with fund-related efficiency and automation projects;
• Partner with offshore team members to develop processes for the funds that they support.
• Performing other tasks as required.

Requirements

• Minimum 12 - 15 years relevant accounting or audit experience within Big Four public accounting or a mix of 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;
• Solid analytical skills and ability to understand and resolve complex problems;
• Proficiency in Microsoft Excel and Word;
• Experience with Geneva and/or Geneva World Investor accounting systems is a plus; and
• Experience with PowerBI, Alteryx, or other data analytical tools is a plus.
• Personal Attributes
• Self-motivated with strong attention to detail and excellent work ethic;
• Great organizational skills and is able to prioritize and handle complicated work efficiently and effectively;
• Takes initiative to ask questions and detect problems;
• Strong 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.
• Equal Opportunity Employment Policy

Benefits

Additional Information

Our Company Oaktree is a leader among global investment managers specializing in alternative investments, with more than $220 billion in assets under management. The firm emphasizes an opportunistic, value-oriented, and risk-controlled approach to investments in credit, equity, and real estate. The firm has more than 1,400 employees and offices in more than 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 Oaktree's website at http://www.oaktreecapital.com/

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