Blue Owl Capital

Credit-focused alternative asset manager

Fund Accounting Associate - GP Strategic Capital

Financial AccountingConfirmed live in the last 24 hours

Full-timeNew York, NY, USANo salary listedIn-person

About the Job

Requirements

An undergraduate degree in Accounting or Finance is required.
Two to four years of experience in a public accounting and/or fund controller role within the asset management industry is required.
Knowledge of the alternatives industry is required.
The candidate must be able to manage multiple tasks while maintaining attention to detail.
The candidate must be able to communicate complex information effectively in oral and written formats.
The candidate must demonstrate a self-starting, entrepreneurial approach and commitment to teamwork.

Responsibilities

Partner with various Controllers and the CFO to support the GP Strategic Capital organization.
Apply expertise in private equity structures, including profit and loss allocations, capital calls, distributions, fee calculations, and quarterly investor- and fund-level reporting.
Perform product and valuation control for private equity investments based on each investment's documentation and accounting policy.
Manage day-to-day operations, including cash management and forecasting, and manage compliance with debt facilities.
Assist with fund- and investor-level tax calculations, tax reporting, and compliance.
Prepare audited, including annual year-end, and unaudited financial statements in accordance with applicable reporting requirements.
Work with the GP Strategic Capital team on new products, investments, and other strategic initiatives.

Desired Qualifications

Private equity experience is preferred.
Intellectual curiosity about the business dynamics of the alternatives industry is desired.

Blue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives®.

With $330 billion in assets under management as of September 30, 2026, we invest across three multi-strategy platforms: Credit, Real Assets and GP Strategic Capital. Anchored by a strong permanent capital base, we provide businesses with private capital solutions to drive long-term growth and offer institutional investors, individual investors, and insurance companies differentiated alternative investment opportunities that aim to deliver strong performance, risk-adjusted returns, and capital preservation.

Together with approximately 1,430 experienced professionals globally, Blue Owl brings the vision and discipline to create the exceptional. To learn more, visit www.blueowl.com

Responsibilities:

- Partners with various Controllers and the CFO to support the GP Strategic Capital organization
- Expertise in private equity structures including allocation of profit and loss, capital calls, distributions and requisite fee calculations and quarterly investor and fund level reporting
- Product and valuation control for private equity investments based on documentation and accounting policy underpinning each investment
- Responsible for day to day operations including general cash management and forecasting, including managing compliance with debt facilities
- Assist with fund and investor level tax calculations and tax reporting/compliance
- Audited (including annual year end audit) and un-audited financial statements in accordance with requisite reporting requirements
- Work closely with GP Strategic Capital team on new products, investments and other strategic initiatives

Requirements:

- Undergraduate degree in Accounting or Finance
- 2-4 years of experience; public and / or fund controller role within the asset management industry (private equity experience preferred)
- Solid knowledge of the alternatives industry and a high degree of intellectual curiosity about its business dynamics
- Self-starting attitude and entrepreneurial spirit balanced with a commitment to teamwork
- Exceptional ability to multi-task while still maintaining a fine-tuned attention to detail
- Ability to effectively communicate complex information both orally and in written formats

Blue Owl is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.

About the Company

Blue Owl Capital

Credit-focused alternative asset manager

Blue Owl Capital operates as a leading alternative asset manager focused on credit markets. It offers credit-focused investment strategies managed by a team of investment professionals with diverse underwriting expertise across many industries. The product works by pooling investors’ capital into credit funds or customized accounts, where the investment team evaluates borrowers and structures, applies risk controls, and buys loans, bonds, and other credit instruments to build diversified portfolios that aim to generate returns. The company differentiates itself from competitors through a multi-perspective investment approach: each partner contributes a unique view on credit risk, creating a holistic assessment of opportunities and threats. Its goal is to deliver attractive risk-adjusted returns by actively managing credit portfolios across different market cycles.

Company size: 1,001-5,000
Company stage: IPO
Headquarters: New York City, New York
Founded: 2021

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