Job Opportunity
AVP – Fund Accounting, Private Equity
Oaktree | Hyderabad, India
Job Summary
Maintain the books and records for various funds within the Private Equity closed-end fund accounting team. Bachelor’s Degree in Accounting or Finance. 10+ years of relevant accounting or audit experience within public accounting or a mix of public accounting and investment management industry experience.
Details
Our Company
Oaktree is a leader among global investment managers specialising in alternative investments, with about $200 billion in assets under management. The firm emphasises an opportunistic, value-oriented and risk-controlled approach to investments in credit, private equity, real assets and listed equities. The firm has over 1200 employees and offices in 24 cities worldwide.
Our investment philosophy consists of six enduring tenets: risk control, consistency, market inefficiency, specialisation, de-emphasis of macro-forecasting and disavowal of market timing. These tenets are central to our opportunistic and value-oriented approach.
Our mission is to deliver superior investment results with risk under control and to conduct business with the highest integrity. Sustainability considerations are a critical component of achieving this mission. As long-term investors, we recognise that accounting for sustainability considerations throughout the investment lifecycle can help us avoid undue risk and better identify attractive opportunities. These efforts are part of our long-standing commitment to excellence in bottom-up investment analysis.
We are committed to cultivating an environment that is collaborative, curious, inclusive and honors diversity of thought. Providing training and career development opportunities and emphasising strong support for our local communities through philanthropic initiatives are essential to our culture.
Responsibilities:
The Assistant Vice President will be responsible for maintaining the books and records for various funds within the Private Equity Closed-end fund accounting team. The Assistant Vice President will support the Vice President in overseeing the newly formed Private Equity Closed-end fund accounting team in Hyderabad.
* Oversee the accounting and reconciliation of cash and investment activities performed by the team
* Supervise the recording and reconciliation of purchase and sale transactions
* Review and validate monthly closing accrual estimates and related postings
* Manage and review the monthly close process and financial reporting deliverables
* Ensure accurate calculation and review of management, waterfall, and incentive fees
* Oversee partner-level income and expense allocations, including distribution waterfall updates as per governing documents
* Ensure accurate preparation and review of distribution and drawdown schedules
* Review monthly, quarterly, and annual financial reports for compliance with US GAAP
* Monitor the analysis and calculation of performance metrics
* Coordinate with independent auditors, custodians, prime brokers, and fund administrators to support audit and operational processes
* Ensure documentation and maintenance of internal controls and process workflows
* Oversee cash planning and liquidity management activities
* Support cross-functional coordination with key external stakeholders to meet fund requirements
* Perform other tasks as required
Education:
* Bachelor’s Degree in Accounting or Finance
* ACA/CPA or equivalent is a plus
Qualifications:
* Minimum 10-12 years of relevant accounting or audit experience within public accounting or a mix of public accounting and investment management industry experience
* Experience from fund administration shops is a plus
* Understanding of Fund Accounting and Operations business processes, and ability to initiate and lead process improvements and documentation of standard operating procedures
* Understanding of internal rate of returns, time weighted returns and multiple of capital calculations
* Strong knowledge of capital activity processing (e.g. capital calls and distributions)
* Understanding and strong working knowledge of complex management fee and incentive calculations
* Understanding of closed end, evergreen and fund of funds structures
* Solid analytical skills and ability to understand and resolve complex problems
* Knowledge of US GAAP accounting, IFRS GAAP is a plus, operations, reconciliations, account analysis, and management reporting
* Experience in Geneva and Geneva World Investors preferred
* Proficiency in Microsoft Excel, Word, Teams and PowerPoint (Power BI is a plus)
Personal Attributes:
Relationship Building
* Works effectively with strong, diverse teams of people with multiple perspectives, talents, and backgrounds
* Ability to elicit cooperation from and gain the confidence of a wide variety of participants, including other departments and third-party service providers
Independence & Collaboration
* Proficient at working both independently and in a team-oriented, collaborative environment
* Able to drive work effectively with limited supervision (at times) with high attention-to-detail
Flexibility & Organisation
* Adapt to shifting priorities, demands and timelines through analytical and problem-solving capabilities
* Proven ability to multi-task and efficiently manage time across competing demands
* Able to effectively prioritise, execute tasks, and thrive in a high-pressure, fast-paced environment
Driving Results
* Drives issues to closure
* Self-starter committed to achieving results
* Strong sense of ownership and follow-through
Communication
* Excellent interpersonal and verbal/written communication skills
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- Job Reference #: 2025-313
- Min Education: BA/BS
- Min Experience: 10 years