Manager, Fund Accounting & Taxation

Overview

Manager role in Oaktree's Fund Accounting & Taxation department, maintaining and reviewing the books and records of investment legal entities that hold debt, equity and other investments for Oaktree's funds, and working with offshore and onshore teams to provide reporting and analysis to tax, fund accounting and other stakeholders.

What you'll do

• Ensure investment legal entities are accounted for pursuant to the governing legal and tax documents.
• Review and analyze deal structure charts and translate them into deal-structure setup in the accounting systems of record.
• Work with the offshore team, the cash operations department and fund accounting to ensure appropriate investment funding allocations are used for multi-fund deals and/or funds with investment restrictions.
• Review calculation of allocations by partner class, including identification of entity expenses specific to electing blocker partners vs. other partner types.
• Review semi-annual books for the investment legal entities, including reconciliation of the trial balance, economic allocations and ownership splits for each entity in the deal structure.
• Coordinate with the funds' internal tax group and external tax preparers to prepare support for various tax filings and reporting.
• Monitor, reconcile and report on any blocker notes or third-party debt that may be part of deal or fund structures.
• Provide oversight and training to the offshore Deal Structure Accounting team in preparing and maintaining the books and records of deal-related legal entities.
• Review GP capital allocation splits (including P&L, contributions and distributions) at the lower tier entities vs. at the funds.
• Work on process and technology improvement projects related to the tasks above.
• Perform other tasks as required.

What you'll need

• 5-7 years' relevant experience in either public or private accounting or tax.
• Strong knowledge of private credit or private equity fund strategies and investments.
• Superior written and verbal communication skills, with the ability to work effectively both individually and as a team.
• Solid analytical skills and ability to understand and resolve complex problems.
• Familiarity with tiered partnership structures and basic legal entity and LP-level tax considerations.
• 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.
• Bachelor's degree required.

Nice to have

• Tiered partnership taxation experience.
• Geneva/GWI experience.

Details

• Location: Hyderabad.