Manager, Fund Accounting - Opportunistic Credit

Oaktree Capital Management, L.P.; Hyderabad; On-site; INR 3,200,000 - 5,200,000; Full time

Job summary

Oaktree Capital Management, L.P. is seeking an experienced fund accounting professional in Hyderabad to oversee books and records for pooled private funds.

You will handle complex fee calculations, waterfall allocations, and performance analytics while coordinating with auditors and administrators. The role requires a strong background in reconciliation, account analysis, and GAAP knowledge (US/IFRS), plus proficiency in Excel, Word, PowerPoint, and PowerBI.

Qualifications

• 8+ years in accounting or audit, Big Four or mix with investment management
• Experience from a fund admin shop is a plus
• Strong knowledge of reconciliation and account analysis
• Experience in Geneva and Geneva World Investors preferred
• Knowledge of US GAAP; IFRS GAAP is a plus
• Excellent understanding of accounting and ability to apply investment company accounting rules
• Solid analytical skills and ability to resolve complex problems
• Proficiency in Microsoft Excel, Word and PowerPoint; PowerBI is a plus

Responsibilities

• Prepare and maintain the books and records of pooled private investment funds organized as limited partnerships and/or separate accounts
• Prepare and/or review complex management fee and waterfall calculations
• Understand side pocket accounting
• Understand internal rate of returns, time weighted returns and multiple of capital calculations
• Record and reconcile cash, investments and other balance sheet accounts
• Record purchase and sale transactions
• Account for complex corporate actions
• Estimate and post accruals
• Prepare allocations of income and expenses to each partner, including updating distributions waterfall
• Determine and prepare distributions and drawdowns
• Prepare monthly, quarterly, and annual financial reports
• Analyze and calculate performance metrics for partnerships/accounts and for each investment
• Coordinate with funds’ independent auditors, custodians, prime brokers and fund administrators
• Perform other tasks as required

Skills

Excel

Word

PowerPoint

PowerBI

Reconciliation

Account analysis

Analytical skills

Education

Bachelor’s degree in Accounting/Finance

CA / MBA / CPA

Tools

Geneva World Investors

Job description

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/

Responsibilities

• Preparation and maintenance of the books and records of pooled private investment funds organized as limited partnerships and/or separate accounts
• Preparation and/or review of complex management fee and waterfall calculations
• Understanding of side pocket accounting
• Understanding of internal rate of returns, time weighted returns and multiple of capital calculations
• Recording and reconciliation of cash, investments and other balance sheet accounts
• Recording of purchase and sale transactions
• Accounting for complex corporate actions
• Estimating and posting of accruals
• Preparation and/or review of allocations of income and expense allocations to each partner, including updating of distribution waterfall based on the terms of the governing documents
• Determining and preparing distributions and drawdowns
• Preparation monthly, quarterly, and annual financial reports
• Analyzing and calculating performance metrics for partnerships/accounts as well as for each investment
• Coordinating with funds’ independent auditors, custodians, prime brokers and fund administrators
• Performing other tasks as required.

Qualifications

• Minimum 8 years relevant accounting or audit experience within Big Four public accounting or a mix of public accounting and investment management industry experience
• Experience from a fund admin shop is a plus
• Strong knowledge of reconciliation and account analysis
• Experience in Geneva and Geneva World Investors preferred
• Knowledge of US GAAP accounting, IFRS GAAP is a plus, operations, reconciliations, account analysis, and management reporting
• 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; and
• Proficiency in Microsoft Excel, Word and PowerPoint. PowerBI is a plus

Personal Attributes

Work Ethic: strong attention to detail and focus on continual development, performance, and accountability

Organization: proven ability to multi-task and efficiently manage time across competing activities; able to effectively prioritize, execute tasks, and thrive in a high-pressure, fast-paced environment

Independence: experience working both independently and in a team-oriented, collaborative environment; must be able to drive work effectively with limited supervision (at times); a self-starter with the ability to take initiative, ask questions, detect problems and provide solutions

Flexibility: adapt to shifting priorities, demands and timelines through analytical and problem-solving capabilities

Communication: strong interpersonal and written/verbal communication skills.

Education

Bachelor’s degree in Accounting, Finance or related field (and/or equivalent experience). CA, MBA, or equivalent; CPA 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.

At Oaktree, we focus on hiring individuals with intelligence, dedication, team spirit, integrity and a strong work ethic. We welcome the opportunity to speak with talented professionals who have relevant credentials and experience in investments, marketing and client relations, accounting, legal, compliance, information technology, administrative support and other relevant areas.