Oaktree Capital Group, LLC

Temporary, Corporate Accounting

Oaktree Capital Group, LLC$80K — $120K *
Legal & Accounting
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3-5 years of accounting experience, particularly in public accounting
  • Thorough understanding of US GAAP and management reporting
  • Ability to link business operations with accounting for process improvements
  • Strong analytical skills for resolving complex problems
  • Experience with Workday is advantageous
  • Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint)

Responsibilities

  • Maintain books and records for management company and general partner entities
  • Oversee daily accounting operations, focusing on investment and revenue accounting
  • Manage an offshore team and ensure accurate accounting records
  • Analyze fund-level transactions for journal entry preparation
  • Review general ledger and prepare flux analysis for variance identification
  • Support financial statement preparation with detailed workpapers
  • Assist with internal and external report preparation, providing analytical support

Benefits

  • Opportunities for professional development and training
  • Flexible work schedule options
  • Collaborative work environment
  • Access to advanced accounting software and tools
  • Comprehensive health and wellness programs
Full Job Description
Responsibilities

The Corporate Accounting Department at Oaktree is seeking an accounting consultant with a focus on revenue accounting and reporting.

  • Responsible for maintaining books and records of the Company's management company and general partner entities
  • Manage and oversee the daily accounting operations, including investment accounting, revenue accounting, incentive accounting, and other core general administrative expenses
  • Manage the offshore team and review daily accounting activities to ensure the timely and accuracy of accounting records
  • Assist in the preparation of journal entries by analyzing fund-level transactions and operational company activities
  • Review general ledger detail and prepare comprehensive flux analysis to identify key variances
  • Prepare detailed workpapers to support financial statement close and reporting process
  • Prepare and provide support for the preparation of the Company's internal and external filings, including preparing analyses, reviewing disclosures and providing feedback on suggested edits
  • Assist in development and maintenance of consistent accounting policies
  • Assist in reviewing existing processes for automation and improvement opportunities
  • Maintain a strong internal control environment, including documenting internal control processes, and compliance with regulatory literature


Qualifications
  • Minimum 3-5 years' experience in accounting, preferably 3 or more years public accounting;
  • Strong knowledge of US GAAP accounting, operations, account analysis, and management reporting;
  • Excellent understanding of business operations and linkage to accounting in order to initiate and support process improvements and documentation of standard operating procedures;
  • Solid analytical skills and ability to understand and resolve complex problems;
  • Specific experience Workday system is a plus; and,
  • Proficiency in Microsoft Excel, Word, and Power Point.


Personal Attributes

  • The successful candidate must have great organizational skills and be able to handle complicated work efficiently and effectively;
  • Self-starter with the ability to take initiative, ask questions, detect problems and provide solutions;
  • Ability to multi-task and efficiently manage time across competing activities/resources and manage projects/processes under tight deadlines;
  • Attention to detail and ability to analyze data and problem solve;
  • Must be a team player with strong work ethic; and,
  • The successful candidate must have excellent written and verbal communication skills.


Education

A Bachelor's degree in Accounting, Finance or related field (and/or equivalent experience). CPA preferred.

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.

About Oaktree Capital Group, LLC

Oaktree Capital Group, LLC is a global investment management firm specializing in alternative investment strategies. The firm was founded in 1995 by a group of individuals who had been investing together since the mid-1980s in high yield bonds, convertible securities, distressed debt, real estate, control investments and listed equities. Oaktree has more than 950 employees and offices in 19 cities worldwide. The firm emphasizes an opportunistic, value-oriented and risk-controlled approach to investments in distressed debt, corporate debt (including high yield debt and senior loans), control investing, convertible securities, real estate and listed equities. Oaktree's clients include 75 of the 100 largest U.S. pension plans, more than 400 corporations around the world, and over 350 endowments and foundations globally.
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