Oaktree Capital
Senior Vice President, Tax-Funds
Oaktree Capital, Los Angeles, California, United States, 90079
Our Company
Oaktree is a leader among global investment managers specializing in alternative investments, with $205 billion in assets under management as of September 30, 2024. 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 23 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.
Responsibilities
The Senior Vice President will be responsible for managing teams, service providers, work streams and projects related to the global funds tax reporting function at Oaktree, with an emphasis on analyzing real-time tax data and transactions to streamline reporting and inform decision making. The candidate will work closely with other Oaktree personnel in accounting, tax, legal, investment teams, and IT, along with our external service providers, to manage tax risk across Oaktree entities and drive accurate and timely tax reporting across various large global and domestic partnerships.
Additional responsibilities include:Managing a talented team of tax professionals and helping grow and develop their careers;Working with external service providers to manage tax reporting deliverables to investors and internal stakeholders;Oversee global tax transformation initiatives through tax operations and technology projects;Monitors and mitigates tax risk across the Oaktree funds;Assisting in the analysis of fund transactions, domestic and cross-border acquisitions, restructurings and dispositions to determine proper tax treatment;Analyzing new rules and regulations that impact partners and the partnerships' global investments;Responding to various investor tax inquiries such as tax withholding reporting obligations and assessing tax leakage withholding; andCorrespondence with state and federal tax authorities, including audit responses.Qualifications
12-15 years of relevant tax experience with a public accounting firm and/or within the financial services industry or asset management industryStrong knowledge of general accounting, taxation of investment products, tax transaction deal analysis, and experience organizing and retrieving large amounts of dataThe candidate must be proficient in Microsoft Excel and Word.Personal Attributes
The successful candidate will have outstanding initiative, an eagerness to learn and a strong work ethic;Must be customer-oriented and have excellent verbal and written communication skills;Will be self-driven, detail-oriented and must possess strong integrity and professionalism; andFamiliarity with and understanding of a busy tax season.
Education
A Bachelor's degree is preferred. A Master's degree is a plus.
Base Salary Range
$200,000 - $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.
For positions based in Los Angeles
For those applying for a position in the city of Los Angeles, the firm will consider for employment qualified applicants with a criminal history in a manner consistent with applicable federal, state and local law.
Oaktree is a leader among global investment managers specializing in alternative investments, with $205 billion in assets under management as of September 30, 2024. 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 23 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.
Responsibilities
The Senior Vice President will be responsible for managing teams, service providers, work streams and projects related to the global funds tax reporting function at Oaktree, with an emphasis on analyzing real-time tax data and transactions to streamline reporting and inform decision making. The candidate will work closely with other Oaktree personnel in accounting, tax, legal, investment teams, and IT, along with our external service providers, to manage tax risk across Oaktree entities and drive accurate and timely tax reporting across various large global and domestic partnerships.
Additional responsibilities include:Managing a talented team of tax professionals and helping grow and develop their careers;Working with external service providers to manage tax reporting deliverables to investors and internal stakeholders;Oversee global tax transformation initiatives through tax operations and technology projects;Monitors and mitigates tax risk across the Oaktree funds;Assisting in the analysis of fund transactions, domestic and cross-border acquisitions, restructurings and dispositions to determine proper tax treatment;Analyzing new rules and regulations that impact partners and the partnerships' global investments;Responding to various investor tax inquiries such as tax withholding reporting obligations and assessing tax leakage withholding; andCorrespondence with state and federal tax authorities, including audit responses.Qualifications
12-15 years of relevant tax experience with a public accounting firm and/or within the financial services industry or asset management industryStrong knowledge of general accounting, taxation of investment products, tax transaction deal analysis, and experience organizing and retrieving large amounts of dataThe candidate must be proficient in Microsoft Excel and Word.Personal Attributes
The successful candidate will have outstanding initiative, an eagerness to learn and a strong work ethic;Must be customer-oriented and have excellent verbal and written communication skills;Will be self-driven, detail-oriented and must possess strong integrity and professionalism; andFamiliarity with and understanding of a busy tax season.
Education
A Bachelor's degree is preferred. A Master's degree is a plus.
Base Salary Range
$200,000 - $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.
For positions based in Los Angeles
For those applying for a position in the city of Los Angeles, the firm will consider for employment qualified applicants with a criminal history in a manner consistent with applicable federal, state and local law.