Blue Owl

Head of Compensation Accounting, Short Hills NJ

Short Hills, NJ Full time

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

Blue Owl is seeking a senior finance professional to lead its firmwide compensation team. This highly visible role oversees compensation accounting, financial operations and compensation forecasting. The role combines deep technical expertise, executive partnership, and people leadership to support a growing, complex organization. This role will lead the Compensation Team for Blue Owl, and reports into the Global Controllership function within the Management Company.

Key Responsibilities:

Compensation Finance, Accounting & Operations

  • Own monthly, quarterly, and annual compensation accounting close processes, including journal entry review, reconciliations and analytical review.

  • Responsible for day-to-day execution of cash and equity compensation programs, including review and implementation of complex compensation arrangements.

  • Responsible for end-to-end global payroll operations, including overseeing expansion into new territories globally.

  • Responsible for transfer agent reporting and operational execution of capital events, including share issuances, distributions, exchanges, and transfers in an Up-C structure.

  • Lead firmwide compensation planning, forecasting, and analytics, delivering reporting that supports executive decision‑making.

  • Collaborate with SEC Reporting, Tax, and Legal partners on quarterly and annual deliverables, including compensation-related disclosures, tax reporting inputs, and complex transaction support.

  • Oversee and maintain SOX controls for compensation processes, including effective design and execution, audit readiness, and review of third-party assurance reports (e.g., SOC).

  • Partner closely with Human Resources and senior leaders on annual compensation cycles and on complex compensation initiatives throughout the year.

  • Develop deep expertise in the firm’s compensation plans and structures.

Technology, Innovation & Optimization

  • Lead continuous improvement across compensation accounting, payroll operations, and forecasting by identifying, evaluating, and implementing technology, automation solutions, and systems integrations.

  • Simplify and standardize processes and controls to improve scalability, accuracy, and efficiency as the firm continues to grow.

People Leadership & Talent Development

  • Lead and develop a team of approximately 20 professionals, including both onshore and offshore team members.

  • Coach team members, provide clear development paths, and create opportunities for growth and increased responsibility.

  • Establish clear goals in line with firm guidance, performance metrics, and feedback mechanisms to drive accountability and operational excellence.

Qualifications & Experience

  • Bachelor’s degree in accounting, finance, or related field; CPA or equivalent preferred.

  • 15+ years of progressive experience in accounting or finance roles, with meaningful ownership of compensation processes.

  • Strong understanding of compensation-related accounting standards (e.g., ASC 718), audit processes, and financial planning and analysis.

  • Experience operating in a SOX-controlled environment; public company close and reporting experience strongly preferred.

  • Proven success leading and developing onshore and offshore teams.

  • Advanced experience with financial systems, data, and automation tools; ability to translate business requirements into scalable processes.

  • Familiarity with Oracle, Anaplan, and Workday or similar platforms strongly preferred.

It is expected that the base annual salary range for this New Jersey-based position will be $200,000 to $225,000. 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.