Senior Manager, Real Estate Income Fund Accounting and Operations

Oaktree is a leader among global investment managers specializing in alternative investments, with $189 billion in assets under management as of December 31, 2023.

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 1200 employees and offices in 22 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.

Summary

Oaktree is looking to hire a dynamic Senior Manager to join the highly visible and fast-growing Real Estate Income team who is responsible for reviewing, managing, analyzing and maintaining the books and records for various Real Estate Income related funds / products.

In addition, they will be required to ensure accurate and timely reporting to clients, fiduciaries, counterparties and regulatory bodies while providing oversight for offshore teams.

Additional Responsibilities :

• Ensure funds are being accounted for pursuant to the governing fund documents, advisory agreements, and other legal documents;
• Review, reconcile and participate in the operational set up of complex transactions while collaborating with internal and external stakeholders;
• Help manage available liquidity through determining and preparing (capital vs. income) distributions and drawdowns from a combination of debt and equity vehicles;
• Coordinate as well as manage the funds' independent auditors, custodians, prime brokers, internal / external stakeholders, offshore teams and fund administrators in reviewing, analyzing, providing commentary and producing monthly, quarterly, and annual financial reports that require the calculation of complex allocations, waterfalls, fees, and performance metrics;
• Participate in various firm-wide initiatives to drive efficiency improvements by engaging with various cross functional teams.

Qualifications

• Minimum 5 years of experience in either public or private accounting with at least 2 years of experience in the investment management industry;
• Strong knowledge of Real Estate funds / investments, as an asset class;
• Familiarity with investment management operations and performance;
• Solid analytical skills and ability to understand and resolve complex problems;
• Proficiency in Microsoft Excel; and
• Knowledge in writing SQL and PowerBI reports 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.

• Communication : excellent interpersonal and verbal / written communication skills.
• Independence & Collaboration : proficient at working both independently and in a team-oriented, collaborative environment;

able to drive deliverables effectively with limited supervision (at times) with high attention-to-detail.

Flexibility & Organization : 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 prioritize, execute tasks, and thrive in a high-pressure, fast-paced environment.

Driving Results : drives issues to closure; is a self-starter committed to achieving results and has a strong sense of ownership and follow-through.

Education

Bachelor's degree required. CPA is a plus but not required.

Base Salary Range

$105,000 - $160,000

In addition to a competitive base salary, you will be eligible to receive discretionary bonus incentives, a comprehensive benefits package and a flexible work arrangement.

The base salary offered will be commensurate with experience and / or qualifications, industry knowledge and expertise, as well as prior training and education.

Equal Opportunity Employment Policy

Oaktree is committed to diversity and to equal opportunity employment. Oaktree does not make employment decisions on the basis of race, creed, color, ethnicity, national origin, citizenship, religion, sex, sexual orientation, gender identity, gender expression, age, past or present physical or mental disability, HIV status, medical condition as defined by state law (genetic characteristics or cancer), pregnancy, childbirth and related medical conditions, veteran status, military service, marital status, familial status, genetic information, domestic violence victim status or any other classification protected by applicable federal, state and local laws and ordinances.

This policy applies to hiring, placement, internal promotions, training, opportunities for advancement, recruitment advertising, transfers, demotions, layoffs, terminations, recruitment advertising, rates of pay and other forms of compensation and all other terms, conditions and privileges of employment.

This policy applies to all Oaktree applicants, employees, clients, and contractors. Staff members wishing to report violations or suspected violations of this policy should contact the head of their department or Human Resources.