Role Overview:We are seeking an accomplished Tax Managing Director to lead the tax function for our Alternative Credit business. This executive will play a critical role in leading tax planning, structuring, and reporting across our Alternative Credit business, which is a subsector of Blue Owl's Credit platform focused on asset-based finance. The ideal candidate is a self-starter who will combine deep technical expertise with strong leadership, communication and analytical skills to ensure tax efficiency, compliance, and strategic alignment with business objectives.
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
- Manage relationships and operational processes with tax advisors, external auditors, and regulatory authorities
- 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
- Leverage AI as a tool to drive efficiency
- Demonstrated ability to lead teams, build operational efficiencies, develop relationships, manage complex projects, and influence decision making stakeholders
- Strong knowledge of partnership, corporate and international tax
- Exceptional ability to convey complex tax concepts to non-tax professionals
It is expected that 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. Employees may be eligible for a discretionary bonus, based on factors such as individual and team performance.