Manager, ABF Fund Finance

Oaktree; Los Angeles (CA); On-site; USD 140,000 - 190,000; Full time

Job summary

Oaktree, part of Brookfield, is looking for a Senior Fund Finance Manager in Los Angeles to build and maintain revenue and profitability models for funds. You will act as the primary data and analytics resource within the ABF fund finance team, driving data platform priorities such as borrowing base automation and liquidity forecasting.

You will participate in monthly/quarterly closes, collaborate with tax and operations teams, and prepare complex fee and waterfall calculations, cash

Qualifications

• 5–7 years of accounting or audit experience.
• Experience in asset management or banking is a plus.
• Strong Python/SQL and data visualization skills.
• Deep knowledge of alternative investments.
• Excellent reconciliation and account analysis abilities.

Responsibilities

• Maintain revenue and profitability models for funds, tracking actuals vs forecast.
• Serve as primary data and analytics resource for ABF fund finance team.
• Advance data platform priorities including borrowing base automation and liquidity forecasting.
• Participate in monthly and quarterly close activities and cash management.
• Prepare and review complex management fee and waterfall calculations.
• Coordinate with auditors, custodians, prime brokers, and fund administrators.
• Prepare monthly, quarterly, and annual financial reports.

Skills

Python

SQL

Power BI

Data science

Reconciliation

Education

Bachelor's degree in Accounting/Finance

Public accounting/audit experience (Big Four)

Tools

Power BI

Job description

Our Company

As a part of Brookfield's $416B credit platform, Oaktree is a premier credit manager emphasizing an opportunistic, value-oriented, and risk-controlled approach to investing across credit, equity, and real estate.

Oaktree is 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.

Oaktree is wholly owned by Brookfield, a leading global investment firm with more than $1 trillion in assets under management. Brookfield owns and operates high-quality businesses and real assets that provide essential services and form the backbone of the global economy. It invests on behalf of institutions and individuals around the world across infrastructure, renewable power and transition, private equity, real estate, and credit.

For additional information, please visit Oaktree's website at http://www.oaktreecapital.com/

Our Company

As a part of Brookfield's $416B credit platform, Oaktree is a premier credit manager emphasizing an opportunistic, value-oriented, and risk-controlled approach to investing across credit, equity, and real estate.

Oaktree is 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.

Oaktree is wholly owned by Brookfield, a leading global investment firm with more than $1 trillion in assets under management. Brookfield owns and operates high-quality businesses and real assets that provide essential services and form the backbone of the global economy. It invests on behalf of institutions and individuals around the world across infrastructure, renewable power and transition, private equity, real estate, and credit.

For additional information, please visit Oaktree's website at http://www.oaktreecapital.com/

Responsibilities

The Manager will be responsible for maintaining revenue and profitability models for the funds; including tracking actuals vs. forecast, and will serve as the primary data and analytics resource within ABF fund finance team, helping to advance data platform priorities including borrowing base automation, liquidity forecasting, cost transparency reporting, and similar initiatives. The incumbent will also participate in monthly and quarterly close activities, cash management, and related fund operations activities.

Responsibilities will include:

Reporting & Analysis

• Cash management and forecasting, NAV and subscription-line oversight, and borrowing base reporting to lenders;
• Oversee detailed cost transparency reporting on the funds, providing ability to drill down into significant cost drivers;
• Borrowing base modeling;
• Oversee responses to lender diligence questions related to recurring reporting and any potential refinancings;
• Participate in quarterly reporting close and provision of related deliverables to corporate finance team;
• Collaborate with tax team on lower-tier books and records and year-end tax reporting cycle;
• Collaborate with operations teams on private deal life-cycle bookings and related controls;
• Preparation and/or review of complex management fee and waterfall calculations;
• Recording and reconciliation of cash, investments and other balance sheet accounts;
• 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 of 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; and
• Performing other tasks as required.

Technology Enablement

• Utilize Python, SQL and/or data visualization tools (e.g., Power BI) to manage and manipulate large data sets, and create standardized reports or dashboards; and
• Lead the implementation of process changes and automated reports to generate timely and actionable information on investment and fund KPIs.

Qualifications

• Minimum 5-7 years relevant accounting or audit experience within Big Four public accounting or a mix of public accounting and investment management industry experience;
• Demonstrated data science acumen including through practical application in asset management or banking industry;
• Experience utilizing Python, SQL and/or data visualization tools (e.g., Power BI);
• Deep knowledge of alternative investments broadly;
• Strong knowledge of reconciliation and account analysis;
• Excellent unde