Our Company

Oaktree is a leader among global investment managers specializing in alternative investments, with more than $220 billion in assets under management. The firm emphasizes an opportunistic, value-oriented, and risk-controlled approach to investments in credit, equity, and real estate. The firm has more than 1,400 employees and offices in more than 25 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 Oaktree's website at http://www.oaktreecapital.com/

Responsibilities

The Assistant Vice President – Revenue & Investment Accounting will play a critical leadership role within the Corporate Accounting function, overseeing the accounting, reporting, and governance of the firm's General Partner revenue streams. This role will be responsible for ensuring the accuracy, integrity, and completeness of revenue recognition related to management fees, incentive income, and investment income across multiple fund structures.

The AVP will provide oversight across the revenue accounting function, supervise team members responsible for operational accounting processes, and partner closely with cross-functional stakeholders to ensure compliance with US GAAP and internal accounting policies while driving operational efficiency and scalability.

Responsibilities will include but are not limited to:

Revenue Accounting Oversight

Oversee the end-to-end lifecycle of revenue recognition, including calculation, validation, accounting, and reporting of management fees, incentive fees (carried interest), and investment income.
Ensure the proper accounting treatment of fee offsets, rebates, waivers, and expense recoveries in accordance with US GAAP and internal policies
Ensure the timely and accurate recording of revenue transactions in accordance with US GAAP and internal accounting policies.
Review and approve key accounting schedules, reconciliations, and revenue-related journal entries prepared by the team.
Provide oversight of month-end and quarter-end close processes related to revenue and investment income.
Ensure completeness and accuracy of revenue disclosures and financial reporting schedules.
Oversee reconciliation of non-GAAP to GAAP revenue results and investigate material variances.
Deliver financial analysis and commentary on key variances and financial performance
Present financial results and control frameworks to senior leadership including the VP, SVP, and MD.

Accounting Policy & Technical Interpretation

Interpret complex fee agreements and fund structures to determine appropriate accounting treatment.
Partner with Legal, and Fund Accounting teams to ensure consistent application of revenue recognition principles.
Support development and documentation of revenue accounting policies and procedures.

Team Leadership & Oversight

Supervise and mentor a team of accounting professionals responsible for revenue and investment accounting processes.
Establish clear operational workflows and ensure appropriate review and control structures across the team.
Drive professional development and performance management within the team.

Cross-Functional Collaboration

Partner with Fund Accounting, Treasury, Tax, and International Accounting teams to reconcile cash flows and ensure alignment between operational and financial reporting.
Support internal and external audit processes by providing revenue-related analysis and documentation.

Process Improvement & Systems

Lead initiatives to enhance automation, process standardization, and reporting capabilities across the revenue accounting function.
Act as a key stakeholder in Workday Financials system optimization, specifically for revenue accounting processes.
Drive the evolution of the Workday ERP environment, automating manual processes.

Experience And Qualifications

Chartered Accountant or equivalent qualification.
8–10 years of progressive accounting experience, preferably within asset management, private equity, or investment banking.
Strong understanding of revenue recognition principles and investment accounting.
Demonstrated experience supervising accounting teams and managing complex financial processes.
Strong analytical, reconciliation, and financial reporting skills.
Advance Proficiency in Microsoft Excel, Word, and PowerPoint, ability to work with new tools
Experience with Workday Financials is a plus.

Personal Attributes

Exceptional attention to detail and organizational skills.
Strong leadership presence with the ability to manage and mentor teams.
Ability to collaborate effectively across global teams.
Strong written and verbal communication skills.
Ability to operate in a fast-paced environment with multiple deadlines.
Self-starter with the ability to take initiative, ask questions, detect problems and provide solutions

Education

A Chartered Accountant with 8+ years of experience.
Bachelor's degree in Accounting, Finance, or a related discipline (or equivalent experience)

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.

For positions based in Los Angeles

For those applying for a position in the city of Los Angeles, the firm will consider for employment qualified applicants with a criminal history in a manner consistent with applicable federal, state and local law.

Assistant Vice President, Revenue/Investment Accounting