VP/Principal - Carried Interest Tax

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

• Serve as the primary point of contact for all carried interest tax matters, including tax returns, estimated tax calculations, tax payments, and tax distributions.
• Develop and maintain strong partnerships across internal departments to support carried interest administration, resolve cross-functional issues, and advance firmwide initiatives, including corporate tax strategy.
• Prepare and analyze executive-level reporting on carried interest activity, operational initiatives, and key business developments for senior leadership and other stakeholders.
• Support the design, implementation, and enhancement of technology solutions that improve carried interest reporting, administration, and tax compliance processes.
• Maintain the carried interest tax tracker and executive tax advisor directory, ensuring all information remains accurate, complete, and up to date.
• Review and validate taxable income allocations, participant demographic information, estimated taxable income calculations, and related tax reporting data to ensure accuracy, completeness, and consistency.
• Reconcile taxable income activity to capital account rollforwards, underlying fund Schedule K-1s, and estimate-to-actual analyses. Investigate and resolve discrepancies, material variances, and outstanding items in collaboration with internal stakeholders and external tax advisors.
• Oversee the quarterly and annual tax payment process, including preparation of tax distribution calculations, coordination of distributions, and partnership with Accounts Payable to ensure accurate and timely remittance of tax payments to applicable federal, state, local, and foreign tax authorities.
• Manage relationships with external service providers, including Big Four accounting firms and other tax advisors.
• Support the broader carried interest team across accounting, reporting, participant communications, and other operational initiatives as needed.

Requirements

• CPA designation preferred.
• 10+ years of relevant tax, partnership accounting, or carried interest administration experience.
• Strong knowledge of partnership taxation, taxable income allocations, Schedule K-1 reporting, and capital account reconciliations.
• Private equity, private funds, or alternative asset management experience strongly preferred.
• Excellent verbal and written communication skills, with the ability to effectively manage relationships across internal teams and external service providers.
• Demonstrated ability to work independently, manage multiple priorities, meet deadlines, and handle sensitive information with discretion.
• Strong analytical, organizational, and problem-solving skills with a high level of attention to detail.
  
  The base annual salary range for this New Jersey based position will be $175,000-200,000. Actual salary offered will be based on the candidate’s 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.