Los Angeles, CA30+ days ago
Translate deal documents into accounting records that accurately reflect deal economics and meet accounting requirements, ensuring timely and accurate entry into Oaktree's accounting system • Identify and record investment proceeds (e.g., principal, interest, paydowns, sales) in Oaktree's accounting system timely and accurately • Process deal lifecycle events from an investment accounting perspective by booking credit events, reorganizations, amendments, and exits in Oaktree's accounting system timely and accurately • Process and account for cash movements through complex legal entity structures, ensuring proper booking in Oaktree's accounting system • Work with various stakeholders to fund and close private deal transactions including cash positioning and funding deals within demanding timelines • Coordinate with and respond to inquiries and requests from investment teams, fund accounting, auditors, custodians, fund administrators, and counterparties • Stage FX orders to raise cash and to hedge currency risk • Ensure cash availability for upcoming purchases, redemptions, and other transactions • Forecast available cash balances • Monitor for and prevent account overdrafts in various currencies • Participate in cross-functional initiatives relating to the private deal workflow • Manage resources, including developing new team members • Establish SLAs with internal teams to ensure high success rates • Establish KPIs to measure and continually improve processes • Identify, measure, and mitigate process risk • Address daily issues, understanding root causes, and implement process improvements • Build effective working relationships with internal stakeholders • Write effective procedures and train others when necessary. • 9-11 years of relevant experience at an asset management firm, investment bank, or other financial services company • Investment Accounting and Operations experience with Alternative Investments including Private Credit, Real Assets, Syndicated Loans, Private Equity, and Asset-Backed Finance • Processing transactions, credit activity, and accounting entries in Advent Geneva and Global World Investor • Using Microsoft office suite of applications, with expertise in Excel including data analysis, pivot tables, charts, and formulas • Utilizing SharePoint, Power BI, SQL and VBA a plus • Track record of process improvement • Working with complex fund and deal entity structures.