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Senior Associate, Carried Interest Accounting - Short Hills, NJ

Blue Owl Capital Inc.Short Hills, NJ

$115,000 - $135,000 / year

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Overview

Schedule
Full-time
Career level
Senior-level
Remote
On-site
Compensation
$115,000-$135,000/year
Benefits
Health Insurance
Paid Vacation
401k Matching/Retirement Savings

Job Description

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

With over $307 billion in assets under management as of December 31, 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

We are seeking a Senior Associate - Accountant to assist with administering our carried interest participant vehicles. Thus, we're seeking someone that is familiar with the fund accounting lifecycle and the various operational functions required to calculate distributions and prepare financial statements. Additionally, this person needs the ability to work with sensitive and confidential information; demonstrate an ability to prioritize assignments and complete work with minimal 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 and understand the applicable Limited Partnership Agreements ("LPAs").
  • Calculate allocations of carried interest and investment income and distributions in accordance with LPAs.
  • Prepare audited and unaudited financial statements.
  • Review close workpapers for certain open and closed end carry vehicles.
  • Providing white glove service to investors and borrowers through shared mailbox.
  • Assist with on-boarding new carried interest plan vehicles.
  • Provide analytical and tactical support for corporate-wide requests and special projects.

Requirements:

  • Experience working in Microsoft Excel developing formulas and macros.
  • At least 5 years of experience working at a fund administrator, as a financial services auditor or reputable asset management firm
  • Takes initiative and is solution-oriented in all interactions
  • Strong verbal and written communication skills
  • Client relations experience
  • Experience working with and reviewing work prepared by an Offshore team
  • Accounting or Finance degree required

Benefits:

  • Health Insurance, 401K Plan
  • Unlimited Vacation Policy

It is expected that the base annual salary range for this New Jersey based position will be $115,000 - $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.

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FAQs About Senior Associate, Carried Interest Accounting - Short Hills, NJ Jobs at Blue Owl Capital Inc.

What is the work location for this position at Blue Owl Capital Inc.?
This job at Blue Owl Capital Inc. is located in Short Hills, NJ, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at Blue Owl Capital Inc.?
Candidates can expect a pay range of $115,000 and $135,000 per year.
What employment applies to this position at Blue Owl Capital Inc.?
Blue Owl Capital Inc. lists this role as a Full-time position.
What experience level is required for this role at Blue Owl Capital Inc.?
Blue Owl Capital Inc. is looking for a candidate with "Senior-level" experience level.
What benefits are offered by Blue Owl Capital Inc. for this role?
Blue Owl Capital Inc. offers following benefits: Health Insurance, Paid Vacation, and 401k Matching/Retirement Savings for this position. Actual benefits may vary depending on the employer's policies and employment terms.
What is the process to apply for this position at Blue Owl Capital Inc.?
You can apply for this role at Blue Owl Capital Inc. either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.