Analyst, Closed-End Fund Accounting

Responsibilities

This position is within Oaktree’s Closed-End Fund Accounting team supporting the Global Private Debt strategy. Strong communication and collaboration skills are critical to success in this position.

The analyst 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 and contributing to ad hoc projects and process improvement testing as needed.

Responsibilities include:

• 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 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 capital activity including capital calls, distributions, subscriptions and redemptions.
• Review quarterly and annual financial statements prepared in accordance with U.S. GAAP.
• Perform other tasks as required.
• Participate in ad hoc projects and analysis as needed.

Qualifications

• Minimum 2 years relevant accounting or audit experience, public accounting is preferred (not required)
• Knowledge of closed-end private investment funds
• Strong knowledge of reconciliation and account analysis
• Strong judgment and analytical skills – proven ability to communicate proactively, analyze and escalate issues as needed and reach well-considered conclusions under tight time constraints
• Experience with Geneva and/or Geneva World Investor, accounting systems and Markit WSO/SS&C (notice portal) is a plus
• Proficiency in Microsoft Excel and Word.

Personal Attributes

• Relationship Building; works effectively with 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 upper management, other departments and third-party service providers.
• Communication; strong interpersonal and verbal/written communication skills.
• Independence & Collaboration; proficient at working both independently and in a team-oriented, collaborative environment; able to complete work effectively with limited supervision (at times) with high attention-to-detail.
• 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, Finance or related field.

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.

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.