Oaktree
Investment Management
Manager,Closed-endFundAccountingRealEstateStrategy
Neural analysis suggests this role is
optimal for Manager candidates.
“Manager, Closed-end Fund Accounting Real Estate Strategy at Oaktree. Skills: Fund accounting, Real estate strategy, Financial reporting. Maintain books and records. Prepare management fee calculations”
Industry & Context.
Analytical skills; Problem resolution
What They're Looking For.
Must Have
5 years relevant accounting or audit experience, US GAAP accounting knowledge, Microsoft Excel proficiency
Nice to Have
Experience from fund admin shop, IFRS GAAP knowledge, PowerBI proficiency, ACA designation, CPA designation
What You'll Do.
Maintain books and records
Prepare management fee calculations
Review management fee calculations
Understand side pocket accounting
Understand internal rate of returns
Understand time weighted returns
Understand multiple of capital calculations
Record purchase and sale transactions
Post purchase and sale transactions
Prepare allocations of income
Prepare allocations of expense
Update distribution waterfall
Determine distributions
Prepare financial reports
Analyze performance metrics
Calculate performance metrics
Coordinate with auditors
Coordinate with custodians
Coordinate with prime brokers
Coordinate with fund administrators
How You'll Work.
Team & Collaboration
Client reporting; Portfolio group reporting
Communication Scope
Written communication; Verbal communication
Full Job Description
**Our Company** Oaktree is a leader among global investment managers specializing in alternative investments, with $203 billion in assets under management as of March 31, 2025. The firm emphasizes an opportunistic, value-oriented and risk-controlled approach to investments in credit, private equity, real assets and listed equities. The firm has over 1,200 employees and offices in 23 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 our website at www.oaktreecapital.com. **Responsibilities** The Accounting Manager will be responsible for maintaining the books and records for various Evergreen and Closed-end Partnerships, as well as reporting to clients and the portfolio group. Responsibilities will include: * 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 * 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 fund
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