Managing Director, Alternative Credit Tax
Blue Owl Capital · New York, NY · 2 mo ago
Business Development$250k–$300k/yrFull-time
Role Overview
We are seeking an accomplished Tax Managing Director to lead the tax function for our Alternative Credit business.
Responsibilities
- Manage the day-to-day tax function for the Blue Owl Alternative Credit business and build tax operations for growth and continued scale
- Partner and consult with the investment team on commercial solutions with respect to tax implications of acquisitions, dispositions, restructurings, and capital markets transactions
- Partner with accounting, finance, fundraising and legal teams to align tax planning and operations with business goals
- Develop and implement tax strategies that optimize firm-wide investment structures
- Manage new product structuring and fundraising support, including modeling, fund/investment structuring, investor calls and information for investor reporting
- Oversee the outsourced US and international tax compliance (partnerships, REITs, RICs and corporate entities), including managing quarterly and annual REIT/RIC tests, partnership allocations and carry, required tax distributions and tracking partnership/partner tax basis and capital accounts
- Lead and develop a high-performing team, fostering professional growth and technical excellence
Qualifications
- CPA
- PREFERRED: Advanced degree in Taxation, Accounting, or related field
- MINIMUM: 17+ years of progressive tax experience, including leadership roles in asset management, private equity, or credit sectors
- PROVEN TRACK RECORD: Advising on credit structures, compliance, and tax planning
- DEMONSTRATED ABILITY: Leading teams, building operational efficiencies, developing relationships, managing complex projects, and influencing decision making stakeholders
- EXCEPTIONAL ABILITY: Conveying complex tax concepts to non-tax professionals
Pay
The base annual salary range for this New York-based position will be $250,000 - $300,000. Actual salaries may vary based on factors, such as skill, experience, and qualification for the role.
Schedule
This is a full-time position based in New York.