Senior Associate, Accountant - Carried Interest Accounting - Short Hills, NJ

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

With over $295 billion in assets under management as of September 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 1,365 experienced professionals globally, Blue Owl brings the vision and discipline to create the exceptional. To learn more, visit www.blueowl.com

Blue Owl is a global alternative asset manager with $273 billion in assets under management as of March 31, 2025. Anchored by a strong permanent capital base, the firm deploys private capital across Direct Lending, GP Solutions and Real Estate strategies on behalf of Institutional and Private Wealth clients. Blue Owl's flexible, consultative approach helps position the firm as a partner of choice for businesses seeking capital solutions to support their sustained growth. The firm's management team is comprised of seasoned investment professionals with more than 25 years of experience building alternative investment businesses. Blue Owl employs over 1,200 experienced professionals in 20+ offices globally.

We are seeking a Senior Associate - Accountant to assist with administering our employee loan program and carry participant vehicles. We are looking to move away from Excel and implement partnership accounting and investor reporting software. Thus, we're seeking someone that is familiar with the fund accounting lifecycle and the various operational functions required to issue capital calls and distributions. Additionally, this person needs the ability to work with sensitive and confidential information; demonstrate an ability to prioritize assignments and complete work with little direction. This position is based in Short Hills, NJ.

Responsibilities

• Prepare quarterly and annual close workpapers for various open and closed end carry vehicles.
• Review close workpapers for certain open and closed end carry vehicles.
• Collaborate across the organization to collect pertinent data to assist with the carry award grant process.
• Ensure carry allocation software system contains current and accurate participant and fund information.
• Calculate capital calls, distributions, generate notices and handle the banking process.
• Calculate allocations of carry and investment income in accordance with the applicable Limited Partnership Agreements ("LPAs").
• Review and understand fund documents ensuring income allocations and distribution calculations are in accordance with LPAs.
• Assist with on-boarding new carry plan vehicles.
• Provide analytical and tactical support for corporate-wide requests and special projects.

Requirements :

Benefits :

It is expected that the base annual salary range for this New Jersey based position will be $110,000 - $135,000. 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.