Oaktree Capital Management

  • Administrator, Expense Allocation Group

    Job Locations US-CA-Los Angeles
    Job ID
    2018-1564
    Job Department
    Accounting
  • Company Overview

    Oaktree is a leader among global investment managers specializing in alternative investments, with $121 billion in assets under management as of March 31, 2018. 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

    Based in downtown Los Angeles, the Administrator will join the Expense Allocation Group.

    Responsibilities include:

    • Assisting the team in allocating invoices amongst the investing entities based on the Expense Allocation Guidelines;
    • Performing quarterly preparation of research vendor allocation matrices and allocating research vendor related invoices;
    • Understanding the importance of allocating accurately among the entities;
    • Interacting with individuals outside the group to obtain clarity on transactions / invoices, when necessary;
    • Understanding the various ways in which payments are classified for accounting purposes and recognizing the differences when processing invoices;
    • Preparing bank account transfers and wires to move cash so Accounts Payable can make vendor disbursements; and
    • Assisting in opening, closing and tracking bank accounts.

    Qualifications

    • Minimum 5 years experience in / supporting an accounting group within a financial services firm is preferred; or performing bookkeeping functions;
    • Knowledge of cash reconciliations;
    • Experience working with cash movement;
    • Proven ability to manage tasks with competing priorities and deadlines, independently determining order of priority and self-initiating other value-added tasks; and
    • Strong working knowledge of Microsoft office suite including Word and Outlook, with an emphasis on Excel.

    Personal Attributes

    • Outstanding initiative and a strong work ethic; candidate should be highly proactive and self-driven;
    • Possesses a love for numbers and tasks of a quantitative nature;
    • Superior attention-to-detail and great organizational skills;
    • Ability to learn quickly, require minimal guidance and possess a desire to proactively offer and implement ideas for improvement;
    • Responsible with a strong sense of dedication;
    • Comfortable asking questions and providing follow-up;
    • Demonstrates strong interpersonal skills and the ability to quickly build credibility and gain confidence of individuals at all levels;
    • Excellent verbal and written communication skills;
    • Ability to work well under pressure and with time constraints; and
    • Strong integrity and professionalism.

    Education

    Bachelor’s degree desired, preferably in Accounting.

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