Job Location:
Los Angeles

Our Company

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 1,200 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.

Overview of Role & Qualifications

The Corporate Accounting Department at Oaktree is seeking to add a Senior Vice President to serve as a strategic leader that will drive the upcoming transformation of its key processes and systems, partner with teams across the Finance Organization and Oaktree and develop its highly talented team. 

Core Functional Responsibilities

  • Oversight of accounting for revenues and other arrangements from Oaktree’s managed funds, including management fees, incentive income and investment income;
  • Management of all aspects of the global consolidation of the Company’s operating entities and investment funds, including consolidation entries, foreign currency, intercompany transactions and reconciliations, and elimination process;
  • Oversight of accounting policy, including technical accounting assessments, interim and annual assessments, and adoption of new accounting standards;
  • Provide counsel on accounting-related issues, disclosure obligations related to business transactions, and financial statements;
  • Review and analyze consolidated financial statements, including the balance sheet, income statement, statement of cash flows and statement of unitholders’ capital in conformity with U.S. GAAP and SEC reporting requirements, and for value-add internal management reporting purposes;
  • Identify and implement process improvement initiatives and design ad hoc financial analyses as required for monthly and quarterly management reporting;
  • Ensure compliance with all policies and requirements and provide accurate, timely, and useful management reports;
  • Oversee preparation of materials for management and audit committee meetings;
  • Manage and direct internal and external reporting requirements including GAAP financial statements, SEC filings (Form 10K/10Q and others), IFRS reporting, creditor/debt covenant reporting, tax reporting, and any other public reporting or filing requirements;
  • Perform and/or review certain key internal control processes;
  • Management of our relationship with and reporting to our parent companies (Brookfield Corporation and Brookfield Asset Management);
  • Manage day-to-day interactions with external audit firm regarding annual audits and quarterly reviews, as well as Brookfield-related instructions.  Work with auditors to bring efficiencies to the audit process;
  • Manage relationship and coordination with Oaktree’s “Environmental, Social and Governance (“ESG”) Group; and
  • Interface with external stakeholders including SEC, FASB, FINRA and other agencies.

Leadership & Development

  • Leadership: Responsible for day-to-day leadership and development of their direct and indirect reports, management of key stakeholders and relationships within the finance organization and other Oaktree departments, as well as contributing to and maintaining a client service and results-oriented culture within the finance organization and the corporate accounting team.
  • Talent Management: People development and recruiting will be critical components of the role, as well as performance and career management, training and mentoring of their team.
  • Business Process Improvement & Technology: Play a key role in leading accounting process improvements, change initiatives, streamlining processes, developing metrics, and creating efficiencies within the department.  Previous experience aiding in implementing ERP and consolidation systems would be helpful. Partner with Information Technology to ensure the technical infrastructure and consolidation processes supporting financial reporting are designed to meet key control objectives and operate effectively.
  • Relationship Building: Works effectively with strong, diverse teams of people with multiple perspectives, talents, and backgrounds.  He or she is known for doing what is best irrespective of politics and is comfortable with consensus building (at multiple levels) and soliciting constructive feedback; ability to elicit cooperation from a wide variety of participants including upper management, clients, other departments, and 3rd party providers.
  • Communication: Strong interpersonal and verbal/written communication skills; ability to present complex material.
  • Independence & Collaboration: Experience at working both independently and in a team-oriented, collaborative environment; must be able to drive work effectively with limited supervision while representing department and executive management interests and concerns.
  • Work Ethic: Focus on continual development, performance, accountability and self-motivation.
  • 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 activities/resources; able to effectively prioritize, execute tasks, and thrive in a high-pressure fast paced environment.
  • Intellectual Curiosity: Energized by learning new things and engaging across a wide range of issues; must have strong problem-solving skills; adept at conducting research into project-related issues and products; displays a technical aptitude that lends itself to learning and mastering new technologies.
  • Driving Results: Sets aggressive timelines and objectives to drive results, conveys a sense of urgency, and drives issues to closure; is a self-starter committed to achieving results and has a strong sense of ownership and follow-through.
  • Judgment: Makes recommendations and decisions that balance a variety of factors.

Other Qualifications

  • Minimum 12 years’ experience in accounting and financial reporting at a public accounting firm and/or the accounting function of a publicly traded company in progressive accounting and finance roles;
  • Asset management experience preferred;
  • Proven track record in driving process and technology change within an organization;
  • Participation in a general ledger/consolidation tool/financial system implementation a plus;
  • Strong knowledge of GAAP and SOX is required and working knowledge of IFRS is an added plus;
  • Strong accounting and technical expertise in accounting policy and reporting and disclosure requirements;
  • Excellent understanding of legal entity and investment structures as well as operational concepts;
  • Solid analytical skills and ability to understand and resolve complex problems;
  • Experience with Workday, Workiva, or other accounting and reporting systems a must; and,
  • Proficiency in Microsoft Excel, PowerPoint and Word.


A Bachelor’s degree in Accounting, Finance or related field; CPA preferred; Graduate degree a plus.

Base Salary Range

$190,000 – $225,000

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.