Principal, Alternative Credit Accounting

Job Title

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

With over $284 billion in assets under management as of June 30, 2025, 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 1,300 experienced professionals globally, Blue Owl brings the vision and discipline to create the exceptional.

Key Responsibilities :

• Responsible for the financial reporting and NAV close processes for multiple Alternative Credit Private Funds (Evergreen and drawdown vehicles)
• Overseeing fund level accounting within internal accounting system
• Reviewing reconciliations with Administrators
• Reviewing and verification of LP allocations, capital calls, distributions, quarterly financial statements, partner capital statements and IRR calculations from Administrators
• Investment Level Accounting : Oversight of financial reporting for various complex investment structures (both directly held and SPV investments)
• Liaise with investment professionals, operating partners, and accounting firms
• Oversight of annual audit and annual audited financial statements for assigned funds
• Assist with quarter-end valuation process
• Management, training and mentoring of mid level and junior level accounting staff
• Manage preparation of recurring and ad hoc internal and external performance and investor reporting
• Participate in the ongoing improvement of department processes and technology initiatives

Candidate Qualities :

Candidate Qualifications :

It is expected that the base annual salary range for this New York City-based position will be $175,000 - $225,000. Actual salaries may vary based on factors, such as skill, experience, and qualification for the role. Employees may be eligible for a discretionary bonus, based on factors such as individual and team performance.

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.