Vice President, Fund Operations

Oaktree is a leader among global investment managers specializing in alternative investments, with about $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 1200 employees and offices in 24 cities worldwide.
Our investment philosophy consists of six enduring tenets: risk control, consistency, market inefficiency, specialization, de-emphasis of macro-forecasting and disavowal of market timing. These tenets are central to our opportunistic and value-oriented approach.
Our mission is to deliver superior investment results with risk under control and to conduct business with the highest integrity. Sustainability considerations are a critical component of achieving this mission. As long-term investors, we recognize that accounting for sustainability considerations throughout the investment lifecycle can help us avoid undue risk and better identify attractive opportunities. These efforts are part of our long-standing commitment to excellence in bottom-up investment analysis
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 more information including Oaktree’s approach to sustainability, please visit our Responsibility site.
Responsibilities
The Vice President will be responsible for maintaining the books and records for various funds within the Closed-end fund accounting team.

Responsibilities will include:
• Overseeing the accounting and reconciliation of cash and investment activities performed by the team
• Supervising the recording and reconciliation of purchase and sale transactions
• Reviewing and validating monthly closing accrual estimates and related postings
• Managing and reviewing the monthly close process and financial reporting deliverables
• Ensuring accurate calculation and review of management, waterfall, and incentive fees
• Overseeing partner-level income and expense allocations, including distribution waterfall updates as per governing documents
• Ensuring accurate preparation and review of distribution and drawdown schedules
• Reviewing monthly, quarterly, and annual financial reports for compliance with U.S. GAAP
• Monitoring the analysis and calculation of performance metrics
• Coordinating with independent auditors, custodians, prime brokers, and fund administrators to support audit and operational processes
• Ensuring documentation and maintenance of internal controls and process workflows
• Overseeing cash planning and liquidity management activities
• Supporting cross-functional coordination with key external stakeholders to meet fund requirements
• Performing other tasks as required.
Qualifications
• Minimum 14-18 years of relevant accounting or audit experience within public accounting or a mix of public accounting and investment management industry experience; experience from fund administration shops is a plus
• Understanding of Fund Accounting and Operations business processes, and ability to initiate and lead process improvements and documentation of standard operating procedures
• Understanding of side pocket accounting
• Understanding of internal rate of returns, time weighted returns and multiple of capital calculations
• Strong knowledge of capital activity processing (e.g. capital calls and distributions)
• Understanding and strong working knowledge of complex management fee and incentive calculations
• Understanding of closed end, evergreen and fund of funds structures
• Solid analytical skills and ability to understand and resolve complex problems
• Knowledge of US GAAP accounting, IFRS GAAP is a plus, operations, reconciliations, account analysis, and management reporting
• Experience in Geneva and Geneva World Investors preferred
• Proficiency in Microsoft Excel, Word, Teams and PowerPoint (PowerBI is a plus)
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.
Education
Bachelor’s degree in accounting or finance. ACA/CPA is a plus.

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.