Oaktree Capital Management

Assistant Vice President, Fund Controller

US-NY-New York
Job ID
2017-1412
Job Department
Infrastructure Investing

Company Overview

Oaktree is a leader among global investment managers specializing in alternative investments, with $99 billion in assets under management as of June 30, 2017. The firm emphasizes an opportunistic, value-oriented and risk-controlled approach to investments in distressed debt, corporate debt (including high yield debt and senior loans), control investing, convertible securities, real estate and listed equities. Headquartered in Los Angeles, the firm has over 900 employees and offices in 18 cities worldwide.

Responsibilities

The position will report to the Senior Vice President, Closed-End Fund Accounting - Infrastructure Investing and will work closely with other members of the Finance staff with respect to the responsibilities listed below:

  • Daily management of and long-term planning for private equity fund business operations, including a broad range of financial, operational and administrative activities for over 35 entities. Activities include coordinating funding for investments, quarterly review of portfolio valuations, review of management fees and expenses and preparing and issuing investor capital calls and distributions.
  • Coordination with an external fund administrator to manage ongoing accounting needs and prepare annual and quarterly financial statements, including investor capital accounts.
  • Coordination with external auditors to complete annual audit work (approximately 10 entities) in an expeditious manner, answering inquiries and providing documentation as necessary.
  • Coordination with internal/external tax preparation providers to ensure ongoing tax compliance, including the distribution and preparation of K-1s for several funds and affiliated entities.
  • Coordinate quarterly deliverables to corporate including financial reporting (MMR) and assets under management (AUM)
  • Responding to investor inquiries by providing detailed and informative answers for client relations in a timely manner.
  • Management of Fund Revolving Credit Facility to bridge capital investments and working capital requirements. Monitoring compliance, issuance of funding notices and repayments.  
  • Performance analysis and reporting to Fund investors and fund marketing purposes.
  • Implementation and compliance of appropriate policies, procedures and controls.
  • Support for the investment teams as needed.
  • Management of other projects that may arise periodically.

Qualifications

  • Minimum 8 years of significant accounting experience. Private equity / investment management experience preferred.
  • Ability to interact on a regular basis with investors, outside accountants, auditors and tax preparers.
  • Excellent organizational and communication skills.
  • Excellent computer skills, including a strong understanding of Microsoft Office and financial software.
  • Ability to work within short deadlines and under time pressures in a very fast-paced office environment.
  • Ability to compile and thoroughly review and edit financial disclosures and presentation materials.
  • Discretion and ability to handle confidential and sensitive business information.

Personal Attributes

  • Possesses great organizational skills and the ability to handle complicated work efficiently and effectively;
  • Takes initiative to ask questions and detect problems;
  • Team-oriented and demonstrates a strong work ethic;
  • Excellent written and verbal communication skills; and
  • Ability to work well under pressure and with time constraints.

Education

Bachelor’s degree is required, preferably in Accounting. CPA preferred.

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