What are the responsibilities and job description for the Vice President, Alternative Credit, Private Fund Accounting position at Blue Owl Capital Holdings LLC?
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.
Key responsibilities:
- Fund Level Accounting:
- Manage Books and Records within internal accounting system (VPM/FM3)
- Perform reconciliations with Administrators
- Review 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
- Assist CFO with establishing accounting policies for new investments
- Oversight of annual audit and annual audited financial statements for assigned funds
- Assist with quarter-end valuation process
- 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:
- High levels of ownership and drive
- Sound judgement based on good intuition and related experience
- High integrity, maturity, collegial and transparent
- Organized and strong attention to detail and ability to multi-task
Candidate Qualifications:
- 5-8 years professional experience
- Public/Private/Admin experience working with closed end funds (relevant private experience strongly preferred)
- Credit experience a plus but not required (bank debt, revolvers, fixed income, etc.)
- CPA preferred
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.
