GP Strategic Capital - Fund Accounting Associate

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

Job summary

Blue Owl Capital is seeking a detail‑oriented fund controller to support the GP Strategic Capital group. The role involves partnerships with Controllers and the CFO, managing allocations, capital calls, distributions, and complex fee calculations tied to private equity investments.

You will handle product and valuation control, day‑to‑day cash management, forecasting, and debt facility compliance, while assisting with tax calculations and annual reporting for funds and investors.

Qualifications

• 2-4 years of experience in public and/or fund controller roles within asset management (private equity preferred).
• Strong knowledge of the alternatives industry and ability to analyze complex information.
• Team player with attention to detail and effective communication skills.

Responsibilities

• Partner with Controllers and CFO to support GP Strategic Capital operations.
• Manage private equity structures including allocations, capital calls, distributions and fee calculations.
• Oversee product and valuation control for private equity investments and related policy documentation.
• Handle day-to-day operations like cash management and forecasting and debt facility compliance.
• Assist with fund and investor tax calculations and reporting.
• Prepare audited and unaudited financial statements in line with reporting requirements.
• Collaborate with GP Strategic Capital on new products and strategic initiatives.

Skills

Multi-tasking

Communication skills

Self-starting

Entrepreneurial spirit

Education

Undergraduate degree in Accounting or Finance

Job description

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.