Assistant Vice President Financial Reporting

Oaktree Capital Management, L.P.·Posted yesterday

Location

Hyderabad

Experience

8–12 years

Required Skills

Financial ReportingConsolidationUS GAAPAccountingReconciliationAnalysisMicrosoft ExcelMicrosoft WordMicrosoft PowerPointFinancial Statement PreparationSupervising Accounting TeamsWorkivaWorkday Financials

About the Role

Role Overview:
As the Assistant Vice President Financial Reporting & Consolidation at Oaktree, your primary responsibility will be to prepare, review, and deliver financial reporting for the firm's corporate entities. Your focus will be on consolidating financial information across multiple legal entities and investment structures, ensuring accuracy, transparency, and compliance with accounting standards. You will play a crucial role in maintaining a strong financial control environment, supporting governance frameworks, and driving best practices in financial reporting and consolidation processes.

Key Responsibilities:

• Prepare and review consolidated financial statements across multiple entities and investment structures, including underlying funds and special purpose vehicles.

• Support the preparation of statutory financial statements following applicable accounting standards such as US GAAP.

• Assist in the quarterly and annual financial close processes, including the preparation of balance sheets, profit & loss statements, cash flow statements, disclosures, and schedules.

• Perform consolidation activities including elimination entries, intercompany reconciliations, and consolidation adjustments.

• Ensure accuracy and completeness of financial information used in consolidation processes.

• Provide financial analysis and commentary on key variances and financial performance.

• Ensure adherence to accounting policies, internal controls, and financial reporting standards.

• Manage balance sheet substantiation processes and review key reconciliations.

• Participate in enhancing efficiency, accuracy, and transparency within financial reporting and consolidation processes.

• Support automation initiatives and process improvements within the finance function.

• Drive the evolution of the Workday ERP environment, automating manual processes.

• Implement best practices in financial reporting and control frameworks.

• Lead and develop the Accounting team in the Hyderabad office.

• Collaborate with global finance teams and other stakeholders to meet financial reporting requirements.

• Support external and internal audit processes related to financial reporting and consolidation.

Qualifications Required:

• Chartered Accountant with 8+ years of accounting and financial reporting experience.

• Strong experience in financial statement preparation (US GAAP) and consolidation accounting.

• Familiarity with investment entities, multi-entity consolidation, or fund structures is preferred.

• Supervisory experience in managing accounting teams.

• Proficient in reconciliation and analysis.

• Advanced skills in Microsoft Excel, Word, and PowerPoint, with the ability to adapt to new tools.

• Experience with Workiva and Workday financials is advantageous.

Company Overview:
Oaktree is a global investment manager specializing in alternative investments with over $220 billion in assets under management. The company values a collaborative, inclusive environment that honors diversity of thought. Training, career development opportunities, and philanthropic initiatives are integral to Oaktree's culture.

Please visit Oaktrees website at http://www.oaktreecapital.com/ for additional information. Role Overview:
As the Assistant Vice President Financial Reporting & Consolidation at Oaktree, your primary responsibility will be to prepare, review, and deliver financial reporting for the firm's corporate entities. Your focus will be on consolidating financial information across multiple legal entities and investment structures, ensuring accuracy, transparency, and compliance with accounting standards. You will play a crucial role in maintaining a strong financial control environment, supporting governance frameworks, and driving best practices in financial reporting and consolidation processes.