Manager Fund Treasury - Alternative Investment Fund Oversight


Company Description

OppenheimerFunds values the talented and diverse workforce we’ve cultivated over the years. Our nearly 60-year history includes a strong tradition of providing innovative investment ideas and a world-class experience for the individuals, institutions and financial advisors we serve. Our strong foundation is built on collaboration, creativity, and the extraordinary people who play an integral role in our success every day.

Job Description

OppenheimerFunds (“OFI”) is looking for a Manager of Fund Treasury – Alternative Investment Fund Oversight, to join our Fund Treasury team. This position reports to an Assistant Vice President of the Fund Treasury team within the Global Operations division. The Fund Treasury team reports to the registered investment company funds’ Treasurer and is responsible for establishing and maintaining the ongoing oversight of the external fund accounting and pricing service providers. 

The Manager is primarily responsible for ensuring the accuracy of third party administrator fund accounting data, including but not limited to security valuations, corporate action processing, security income and expenses, reported Fund Net Asset Values, and Fund yields.  The position may also be responsible for the drafting financial statement disclosures, and/or the review of third party administrator prepared financial statements to ensure compliance with US Generally Accepted Accounting Principles (GAAP). The Manager works with internal and external parties to address any questions regarding the Funds’ accounting books and records.  Additional responsibilities include assistance with the daily oversight external pricing vendors, involvement with research initiatives, periodic and ad hoc reporting support to internal and external groups.

The successful individual is a team player who uses their analytical skills to identify material accounting and/or Net Asset Value issues requiring further analysis, and then effectively leverages relationships to promptly develop and implement solutions. A deep understanding of back office operations and accounting requirements with respect to alternative investment funds is critical. 

Responsibilities & Deliverables:

  • Perform reviews of third party fund accounting data to ensure accuracy, including Fund Net Asset Values or partner allocations of income, expenses and gains/losses. 
  • Perform detailed reviews of security prices to ensure accuracy, including backtesting of vendor and fair valuation  to recommend changes in vendor or security valuation methodologies
  • Promptly escalate any urgent valuation issues with third party pricing vendors, accounting agent and/or OFI Portfolio Management to ensure that the Funds’ periodic Net Asset Values (NAV) are appropriately calculated
  • Provide technical accounting and security valuation instruction to Administrator in accordance with the Funds’ accounting and valuation procedures
  • Work with third party vendors to research and resolve any questions raised through such reviews, including actions to mitigate issue reoccurrence
  • Support and provide instruction to external Administrator on Fund event activities (distributions, launches, mergers, and terminations)
  • Review partnership agreements, Private Placement Memorandums and other Fund and security investment documentation to assess unique accounting and/or reporting requirements
  • Provide operational and reporting support to internal and external groups as needed.


  • Bachelor’s degree required. Progress towards the CFA, CPA or similar credential would be considered a plus.
  • At least five years of experience with securities evaluation and/or alternative investment fund accounting at a public auditing firm or fund accounting administrator; experience with investments in real estate commercial loans, distressed debt, loans and private/direct credit, as well as Private Equity Funds, Hedge Funds and Venture Capital structures preferred
  • Detailed knowledge of financial instrument valuation, including experience with financial models
  • Experience in reviewing and/or preparing financial statements and related disclosures for alternative investment funds in accordance with US GAAP
  • Strong conceptual, strategic planning, and communication skills
  • Exceptional problem solving and analytical skills, demonstrated through specific on-the-job experience
  • Ability and willingness to identify anomalies and challenge co-workers and business partners on a variety of accounting, operational and compliance matters.
  • Proven ability to adhere to deadlines, while possessing the flexibility and maturity to address all elements of one’s responsibilities, despite continually shifting priorities.

Additional Information

We are a dynamic firm that values teamwork and collaboration, and true to our history, we encourage independent thinking and provide ample opportunities for our people to stand out and make a difference. With offices in New York, Denver, Rochester and Dallas, we work hard to turn our unconventional wisdom into value for investors and pursue excellent results for ourselves and our firm. Learn more about the culture and opportunities at OppenheimerFunds here:

OppenheimerFunds and its subsidiaries and affiliates provide equal employment opportunity to all qualified individuals without regard to age, color, disability, gender, marital status, national origin, race, religion, sexual orientation, gender identity and expression, physical or mental disability, genetic predisposition or carrier status, veteran status, or any other characteristic protected by law in all employment
functions including recruitment, evaluation, selection, promotion, compensation, benefits, training, and termination of employment.

Note that this posting is intended for individual applicants. Search firms or agencies should visit our vendor
management partner at for more information about doing business with OFI.

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Confirmed an hour ago. Posted 29 days ago.

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