Vice President – Fund Accounting (Global Opportunities, Value Opportunities and Emerging Markets Opportunities)

Oaktree, part of Brookfield’s $416 billion credit platform, is a leading credit manager known for its opportunistic, value-oriented, and risk-controlled investment approach across credit, equity, and real estate. Wholly owned by Brookfield, a global investment firm managing over $1 trillion in assets, Oaktree fosters a collaborative, inclusive environment that values diversity of thought. The firm emphasizes career development, training, and strong community support through philanthropic initiatives.

The Vice President will play a pivotal leadership role in building and developing the Global Opportunities, Value Opportunities, and Emerging Markets Opportunities fund accounting team based in Hyderabad. This role combines technical fund accounting oversight with people leadership, resource planning, and managing the phased transition of work from third-party providers to the in-house team. Initially, the Vice President will support the review of selected co-investment funds and overflow assignments from other offices, gradually expanding the team’s responsibilities as capabilities grow. Close collaboration with fund accounting leadership across offices, internal partners, and external service providers is essential to ensure accurate, timely, and well-controlled reporting.

Key Responsibilities

- Team Leadership and Development: Build and lead a high-performing fund accounting team, including hiring, onboarding, training, setting performance expectations, and providing ongoing feedback.
- Resource and Capacity Planning: Evaluate resourcing needs, allocate work efficiently, monitor team capacity, and recommend adjustments to meet current and future workloads.
- Review Support: Collaborate with fund accounting teams in other offices to manage reviews of co-investment funds and overflow work, ensuring clear ownership, timelines, escalation protocols, and quality standards.
- Transition Management: Oversee a controlled, phased transition of fund preparation activities from third-party service providers to the Hyderabad team, starting with straightforward funds and expanding as the team develops.
- Fund Accounting Oversight: Supervise monthly and quarterly close activities, including reconciliations, portfolio activity, pricing, valuation support, expense accruals, and management fee calculations.
- Capital Activity Review: Review partner and investor allocations, incentive calculations, capital calls, distributions, and other capital transactions in line with governing documents.
- Financial Reporting: Review quarterly and annual financial statements prepared under U.S. GAAP, including supporting schedules and audit deliverables.
- Investment and Transaction Support: Understand accounting and operational aspects of distressed and opportunistic credit investments, coordinating appropriate treatment with stakeholders.
- Cash and Liquidity Management: Oversee cash planning and liquidity monitoring, ensuring timely resolution of cash or position discrepancies.
- Service Provider Oversight: Monitor external fund administrators’ work quality and timeliness, support issue resolution, and evaluate activities for potential in-house transition.
- Controls and Governance: Maintain effective financial reporting controls, review documentation, and update procedures as responsibilities shift.
- Relationship Management: Coordinate with investment teams, client services, legal, tax, treasury, valuation, auditors, and other stakeholders to resolve issues and meet fund requirements.
- Process Improvement: Identify workflow enhancements, strengthen controls, and scale operations. Collaborate on automation and reporting solutions, including Power BI or similar tools.
- Ad Hoc Support: Respond to requests from leadership and stakeholders and perform other duties as necessary.

Required Qualifications

- Minimum of 14 years of relevant experience in accounting or audit within public accounting, investment management, fund administration, or related fields.
- Proven leadership in team development, capacity management, and work allocation across competing priorities.
- Strong expertise in alternative investment fund accounting, including closed-end funds, co-investment vehicles, and complex credit investments.
- Deep knowledge of U.S. GAAP and investment company accounting, covering NAV processes, reconciliations, capital activity, allocations, management fees, incentive calculations, and financial reporting.
- Experience reviewing external fund administrators’ work and supporting service transitions or developing in-house operating models.
- Ability to resolve complex accounting and operational issues related to distressed, opportunistic, and event-driven investments.
- Demonstrated success in leading process improvements, documenting procedures, and implementing controls.
- Strong project management skills with experience planning and executing controlled transitions.
- Advanced proficiency in Microsoft Excel; working knowledge of Word, Teams, PowerPoint; familiarity with Power BI or similar tools is advantageous.
- Excellent analytical, problem-solving, decision-making, and communication skills with strong attention to detail.

Preferred Qualifications and Additional Information

- Experience with Geneva and Geneva World Investor systems is preferred.
- Bachelor’s degree in Accounting or Finance is required; professional certifications such as ACA or CPA are a plus.

Oaktree is an equal opportunity employer committed to diversity and inclusion. Employment decisions are made without regard to race, color, ethnicity, gender, age, disability, or any other protected status under applicable laws. The firm supports a respectful workplace and encourages applicants from all backgrounds.