GP Strategic Capital - Fund Accounting Associate

Posted Yesterday
Be an Early Applicant
New York, NY, USA
In-Office
Mid level
Fintech • Payments • Financial Services
The Role
Supports GP Strategic Capital controllers and CFO with private equity fund accounting, including profit and loss allocations, capital calls, distributions, fee calculations, valuation control, cash management, debt facility compliance, tax reporting, financial statements, audits, and strategic investment initiatives.
Summary Generated by Built In

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. 

Skills Required

  • Undergraduate degree in Accounting or Finance
  • 2-4 years of experience in a public and/or fund controller role within the asset management industry
  • Private equity experience
  • Knowledge of the alternatives industry
  • Intellectual curiosity about alternative investment business dynamics
  • Self-starting attitude and entrepreneurial spirit
  • Commitment to teamwork
  • Ability to multitask while maintaining attention to detail
  • Effective oral and written communication skills

Blue Owl Capital Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Blue Owl Capital and has not been reviewed or approved by Blue Owl Capital.

  • Leave & Time Off Breadth — Unlimited vacation, Flexible Fridays, and a fully remote August are explicitly offered, providing unusually broad time-off options for the industry. Generous PTO and paid sick time are also part of the stated package.
  • Healthcare Strength — Company-provided medical, dental, and vision coverage is included as a core benefit. Some plan options are described as low cost, reinforcing the strength of the healthcare offering.
  • Parental & Family Support — Parental leave and fertility/family‑planning benefits are explicitly included. Family support is highlighted as a meaningful component of the overall package.

Blue Owl Capital Insights

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The Company
HQ: New York, NY
1,162 Employees
Year Founded: 2021

What We Do

Blue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives®. With $235 billion in assets under management as of September 30, 2024, we invest across three multi-strategy platforms: Credit, GP Strategic Capital, and Real Estate. 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 1,050 experienced professionals globally, Blue Owl brings the vision and discipline to create the exceptional. To learn more, visit www.blueowl.com. Social Media Disclaimers https://www.blueowl.com/social-media-disclaimers

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