Closed-End Fund Accounting Manager Job 2026 — Oaktree Capital Management Hyderabad | Alternative Investments | Apply Now Full Time

💡 6 Practical Tips Before You Apply

• Waterfall calculation experience is the most technically differentiating credential in this role — quantify your depth specifically. Waterfall distributions in private fund accounting are among the most complex calculations in the industry, varying significantly by fund vintage and governing document terms (hurdle rates, catch-up provisions, tiered carried interest). If your experience includes preparing or reviewing waterfall calculations, name the fund types (PE buyout, credit, real estate, infrastructure), the governing document structures you’ve worked with, and whether you built or reviewed the calculation models. Vague claims of “waterfall experience” carry far less weight than: “Prepared quarterly waterfall distributions for three closed-end credit funds with 8% preferred return and 20% carried interest, reviewed against LPA provisions.”
• ACA or CPA is listed as “plus” — but for a Manager role at Oaktree, candidates with the credential will have a tangible advantage. While ACA/CPA is not listed as mandatory, this is a global-tier investment management firm hiring at the Manager level with complex technical requirements. In practice, credentialed candidates with Big Four backgrounds will likely dominate the competitive shortlist. If you hold an ACA (ICAEW, ICAP, or equivalent) or are in progress toward CPA, note your status and expected completion date if not yet complete.
• Hyderabad, Pakistan, is a deliberate location choice — understand what Oaktree’s Pakistan office infrastructure likely means for your career trajectory. Oaktree establishing a Manager-level fund accounting role in Hyderabad reflects the broader trend of global alternative asset managers building offshore accounting and operations capability in South Asia. This suggests the role is part of a growing team rather than an isolated hire, which has positive implications for career development and advancement within Oaktree’s global finance function. Ask during the interview about the size of the local team, the global reporting structure, and the long-term development plans for the Pakistan office.
• Coordinating with independent auditors means being the primary liaison during annual fund audits — this requires both technical depth and communication clarity. The responsibilities explicitly include “coordinating with funds’ independent auditors.” In practice, this means managing audit requests, preparing support schedules, resolving auditor queries on complex accounting treatments (side pockets, waterfall calculations, fair value estimates), and ensuring audit timelines are met. Candidates with experience managing Big Four audit relationships from the fund administrator or asset manager side — rather than just being the auditor — should describe this perspective specifically.
• Side pocket accounting is a niche but explicitly named requirement — candidates with hedge fund or evergreen fund backgrounds should highlight this clearly. Side pockets are used primarily in hedge funds and evergreen fund structures to segregate illiquid or difficult-to-value investments from the fund’s main portfolio. Not all fund accountants encounter them, even experienced ones — it depends heavily on the fund types in your prior portfolio. If you have side pocket experience (setting up the accounting, investor-level allocation, gates, suspension of redemptions), name this explicitly as it’s a direct match to the job description language.
• Power BI is listed as a plus — even basic proficiency is worth mentioning given the reporting requirements of this role. The role involves the preparation of monthly, quarterly, and annual financial reports as well as performance metric analysis. Power BI experience — even at a basic dashboard user level — is noted as advantageous. If you’ve built any Power BI reports or connected them to data sources in a financial reporting context, mention this. The growing use of Power BI in fund reporting makes this a relevant differentiator even at the manager level.
  

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