Oaktree India | Manager – Fund Accounting, Real Estate

Responsibilities will include

• The Accounting Manager will be responsible for maintaining the books and records for various Evergreen and Closed-end Partnerships, as well as reporting to clients and the portfolio group.
• Preparation and maintenance of the books and records of pooled private investment funds organized as limited partnerships and/or separate accounts.
• Preparation and/or review of complex management fee and waterfall calculations.
• Recording and reconciliation of cash, investments and other balance sheet accounts.
• Recording of purchase and sale transactions.
• Preparation and/or review of allocations of income and expense allocations to each partner, including updating of distribution waterfall based on the terms of the governing documents.
• Preparation monthly, quarterly, and annual financial reports.
• Analyzing and calculating performance metrics for partnerships/accounts as well as for each investment.
• Coordinating with funds’ independent auditors, custodians, prime brokers and fund administrators.
• Estimating and posting of accruals
• Determining and preparing distributions and drawdowns
• Performing other tasks as required
• Work Ethic: strong attention to detail and focus on continual development, performance, and accountability

Requirements

• Understanding of side pocket accounting.
• Understanding of internal rate of returns, time weighted returns and multiple of capital calculations.
• Minimum 5 years’ relevant accounting or audit experience within Big Four public accounting or a mix of public accounting and investment management industry experience.
• Experience from a fund admin shop is a plus.
• Strong knowledge of reconciliation and account analysis.
• Experience in Geneva and Geneva World Investors preferred.
• Knowledge of US GAAP accounting, IFRS GAAP is a plus, operations, reconciliations, account analysis, and management reporting.
• Excellent understanding of accounting and the ability to apply relevant investment company accounting rules.
• Solid analytical skills and ability to understand and resolve complex problems.
• Proficiency in Microsoft Excel, Word, Teams, and PowerPoint. (PowerBI is a plus).
• Organization: proven ability to multi-task and efficiently manage time across competing activities; able to effectively prioritize, execute tasks, and thrive in a high-pressure, fast-paced environment.
• Independence: experience working both independently and, in a team-oriented, collaborative environment; must be able to drive work effectively with limited supervision (at times).
• Communication: strong interpersonal and written/verbal communication skills.

Oaktree Capital Management

Oaktree was founded in Los Angeles in April 1995 by Howard Marks, Bruce Karsh, Larry Keele, Richard Masson and Sheldon Stone, who had earlier worked together at TCW. It manages money for institutional clients in alternative strategies, organised around credit, equity and real estate, and is known for distressed-debt investing. Brookfield bought a majority stake in 2019. In India, Oaktree opened an office in Mumbai in 2023 and a second one in Hyderabad's HITEC City in 2025, which lets it hire and develop staff locally to support clients and internal teams worldwide.

All the finance openings are in Hyderabad. They include fund accounting for real estate and for global, value and emerging markets opportunities funds, a fund accounting role in asset-based finance, revenue accounting, treasury risk, and a regional head of treasury. Roles range from manager to vice president. Postings generally ask for a bachelor's degree in accounting or finance, with ACA, CA or CPA preferred or strongly preferred, and the revenue accounting role asks for a Chartered Accountant with at least five years of experience.

• Industry: Alternative investment management: credit, distressed debt, equity and real estate strategies
• Headquarters: Los Angeles, California, United States (majority-owned by Brookfield since 2019)
• In India: Hyderabad office in HITEC City (opened 2025) and an investment office in Mumbai (opened 2023)