GP Strategic Capital - Fund Accounting Associate

Blue Owl Capital Holdings LLC; New York (NY); On-site; USD 90,000 - 130,000; Full time

Job summary

Blue Owl Capital Holdings LLC is seeking a proficient Fund Controller to join the GP Strategic Capital team. The role involves overseeing private equity allocations, capital calls, distributions, and fund-level reporting.

The ideal candidate has a Bachelor’s degree in Accounting or Finance and 2–4 years in asset management, with strong communication and multitasking skills to support day-to-day operations and tax reporting.

Qualifications

• Undergraduate degree in Accounting or Finance.
• 2–4 years of experience in the asset management industry, private equity experience preferred.
• Strong knowledge of the alternatives industry and analytical mindset.
• Self-starter with teamwork and initiative.
• Excellent verbal and written communication skills.

Responsibilities

• Support the GP Strategic Capital organization with private equity structures, including profit and loss allocations, capital calls, and distributions.
• Oversee product and valuation control for private equity investments and ensure proper accounting policy application.
• Handle day-to-day operations including cash management, forecasting, and debt facility compliance.
• Assist with fund and investor-level tax calculations and reporting; participate in audits (annual and interim).
• Collaborate with the GP Strategic Capital team on new products, investments, and strategic initiatives.

Skills

Financial reporting

Private equity experience

Multi-tasking

Communication

Education

Bachelor's degree in Accounting or Finance

Job description

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

With over $319 billion in assets under management as of June 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 over 1,380 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.