Vice President, Private Credit Fund Accounting

Blue Owl Capital Holdings•New York City, NY

18h•$150,000 - $180,000

About The Position

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 Key Responsibilities Fund Accounting & Financial Close Oversee the monthly and quarterly close processes for private credit funds, including NAV calculations, income and expense allocations, fee and carry calculations, and capital activity. Review and approve fund financial statements, supporting schedules, and workpapers prepared internally or by third‑party fund administrators. Ensure accurate accounting for private credit investments, including loans, structured credit, revolvers, PIK income, and related valuation considerations. Maintain oversight of general ledger activity, reconciliations, and variance analysis to ensure completeness and accuracy. Financial Reporting & Investor Deliverables Oversee the preparation and review of quarterly and annual fund financial statements in accordance with U.S. GAAP (ASC 946). Ensure timely and accurate delivery of investor capital account statements, financial highlights, and related investor reporting. Partner with Investor Relations to support investor inquiries by providing technical accounting explanations and financial data as needed. Audit, Tax & Compliance Support Serve as the primary accounting contact for external auditors, managing audit timelines, deliverables, and issue resolution. Coordinate with internal and external tax teams to support the preparation of K‑1s and other tax reporting obligations. Ensure compliance with fund governing documents, accounting policies, and internal controls. Participate in SOX‑type control activities, including documentation, testing support, and remediation efforts as needed. Service Provider & Stakeholder Management Manage relationships with third‑party fund administrators, custodians, valuation providers, and auditors to maintain service quality and accountability. Act as a key accounting partner to internal Investment, Treasury, Risk, Legal, and Operations teams. Support new fund launches, restructurings, and amendments from an accounting and operational perspective.

Requirements

Bachelor’s degree in Accounting, Finance, or a related field; CPA strongly preferred.
6–12 years of relevant experience in private credit fund accounting, alternative asset management, public accounting, or fund administration.
Strong knowledge of U.S. GAAP as it relates to investment companies, including fair value accounting.
Hands‑on experience with private credit investment structures and related accounting considerations.
Experience managing teams and reviewing work performed by internal staff and external service providers.
Strong communication skills with the ability to explain technical accounting matters to non‑accounting stakeholders.
Advanced Excel skills; experience with fund accounting and reporting systems preferred.

Responsibilities

Oversee the monthly and quarterly close processes for private credit funds, including NAV calculations, income and expense allocations, fee and carry calculations, and capital activity.
Review and approve fund financial statements, supporting schedules, and workpapers prepared internally or by third‑party fund administrators.
Ensure accurate accounting for private credit investments, including loans, structured credit, revolvers, PIK income, and related valuation considerations.
Maintain oversight of general ledger activity, reconciliations, and variance analysis to ensure completeness and accuracy.
Oversee the preparation and review of quarterly and annual fund financial statements in accordance with U.S. GAAP (ASC 946).
Ensure timely and accurate delivery of investor capital account statements, financial highlights, and related investor reporting.
Partner with Investor Relations to support investor inquiries by providing technical accounting explanations and financial data as needed.
Serve as the primary accounting contact for external auditors, managing audit timelines, deliverables, and issue resolution.
Coordinate with internal and external tax teams to support the preparation of K‑1s and other tax reporting obligations.
Ensure compliance with fund governing documents, accounting policies, and internal controls.
Participate in SOX‑type control activities, including documentation, testing support, and remediation efforts as needed.
Manage relationships with third‑party fund administrators, custodians, valuation providers, and auditors to maintain service quality and accountability.
Act as a key accounting partner to internal Investment, Treasury, Risk, Legal, and Operations teams.
Support new fund launches, restructurings, and amendments from an accounting and operational perspective.