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Manager – Fund Accounting

Oaktree | Los Angeles, CA

Job Summary

Maintain the books and records for various private partnerships and accounts, as well as report to clients and the portfolio group. Bachelor’s Degree in Accounting or Finance. 5+ years relevant accounting or audit experience within Big Four public accounting or a mix of public accounting and investment management industry experience.

Details

The Manager will be responsible for maintaining the books and records for various private partnerships and accounts, as well as reporting to clients and the portfolio group.

Responsibilities:

* Prepare and maintain the books and records of pooled private investment funds organized as limited partnerships and/or separate accounts
* Account for and reconciliation of cash, investments and real property
* Record and reconcile purchase and sale transactions
* Account for complex corporate actions
* Estimate and post of monthly closing accruals
* Calculate income and expense allocations to each partner, including updating of distribution waterfall based on the terms of the governing documents
* Determine and prepare distributions and draw-downs
* Prepare monthly, quarterly, and annual financial reports to clients
* Analyze and calculate performance metrics for partnerships / accounts as well as for each investment
* Coordinate with funds’ independent auditors, custodians, prime brokers and fund administrators
* Perform other tasks as required

Education:

* Bachelor’s Degree in Accounting or Finance
* CPA a plus

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
* Both private and public accounting experience preferred
* Strong knowledge of reconciliation and account analysis
* Excellent understanding of accounting and the ability to apply relevant investment company accounting rules
* Solid analytical skills and the ability to understand and resolve complex problems
* Proficiency in Microsoft Excel, Word and PowerPoint

Personal Attributes:

* Self-motivated with strong attention to detail and excellent work ethic
* Great organizational skills and able to handle complicated work efficiently and effectively
* Takes initiative to ask questions and detect problems
* Superior written and verbal communication skills with the ability to work effectively both individually and as a team
* Ability to understand and resolve complex problems

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  • Min Education: BA/BS
  • Min Experience: 5 years

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