Assistant Vice President, Tax

Our Company 

As a part of Brookfield’s $416B credit platform, Oaktree is a premier credit manager emphasizing an opportunistic, value-oriented, and risk-controlled approach to investing across credit, equity, and real estate.

Oaktree is 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.

Oaktree is wholly owned by Brookfield, a leading global investment firm with more than $1 trillion in assets under management. Brookfield owns and operates high-quality businesses and real assets that provide essential services and form the backbone of the global economy. It invests on behalf of institutions and individuals around the world across infrastructure, renewable power and transition, private equity, real estate, and credit.

For additional information, please visit Oaktree’s website at http://www.oaktreecapital.com/

Responsibilities

The Assistant Vice President will be responsible for coordinating and overseeing projects and work streams within the tax reporting function at Oaktree, with a focus on providing real-time tax data and analytics to streamline reporting and support informed decision-making. The candidate will work closely with other Oaktree personnel in accounting, finance, legal, treasury and operations, as well as external tax and accounting service providers, to ensure accurate and timely tax reporting across the Oaktree Operating Group (upper-tier entities) and the ultimate owners of the corporate structure.

Location: New York, NY

Additional responsibilities include:

• Managing tax deliverables and processes on behalf of the upper tier/management company entities and owners
• Managing the quarterly tax provision process, inclusive of current and deferred tax expense calculations, deferred tax asset/liability roll forwards, rate reconciliations/effective tax rate calculations, return to provision etc.
• Reviewing purchase price allocations and goodwill calculations
• Assessing inside and outside tax basis differences, as well as differences to GAAP basis
• Completing FIN48 analyses and documenting uncertain tax positions as part of SOX controls
• Coordination with corporate accounting on tax footnote disclosures on financial statements
• Reviewing quarterly tax estimates, quarterly tax payments, annual K-1 deliverables and withholding statements
• Ensuring accuracy and timing of US federal, international, state and local tax returns (inclusive of indirect tax returns) prepared by external tax service providers
• Managing various strategic tax projects and keeping pace with legislative changes
• Drafting various communications to senior stakeholders and partners across the organization

Qualifications

• 7-9 years of relevant tax experience (ASC 740 Tax Provision experience is required; Investment Management partnership tax experience is preferred)
• Experience specifically with operating partnerships/management companies is preferred
• Strong knowledge of general accounting
• Combination of public and private experience is preferred
• The 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
• The candidate must be customer-oriented and have excellent verbal and written communication skills
• Will be self-driven, team-oriented and must possess strong integrity and professionalism
• Familiarity with and understanding of a busy tax season

Education

A Bachelor’s degree relevant to position and CPA preferred, a Master’s degree a plus.

Base Salary Range

$155,000-$185,000

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.