Blue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives.
With over $192 billion in assets under management as of June 30, 2024, we invest across three multi-strategy platforms: Credit, GP Strategic Capital, and Real Estate. 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 820 experienced professionals globally, Blue Owl brings the vision and discipline to create the exceptional. To learn more, visitwww.blueowl.com.
The Role:
Blue Owl is looking for an energetic and strategic cash management professional to exclusively manage cash operations for multiple real estate private equity funds. This is an exciting opportunity to join a company experiencing tremendous growth. The qualified Vice President will be open to new ideas and processes, and help Blue Owl institutionalize existing practices, working with the support of a highly collaborative team.
Responsibilities:
Oversee the implementation and ongoing maintenance of a treasury/cash management workstation.
Track and aggregate daily cash balances.
Collaborate with cross-functional teams, such as finance, accounting, and operations, to ensure accurate cash reporting and coordination.
Opening, closing, and maintaining bank accounts as well as providing KYC information as requested.
Oversee and manage Accounts Payable associate leading day-to-day AP operations for real estate funds.
Effectively communicate with team members and management.
Prepare bank deposits.
Monitor procedures and internal controls to ensure compliance with Company policies and make recommendations for improvements.
Implement effective internal controls, recommend to management the implementation of policies, procedures, processes and controls based on continual analysis of current accounting processes.
Qualifications:
6+ years of cash management experience in commercial real estate.
Previous experience in treasury management software, preferably Hazeltree.
Previous experience managing the accounts payable process; experience with AP system (e.g., EASTM) preferred.
Experienced in using various online banking portals.
Understanding of ACH Positive Pay and Check Positive Pay for risk mitigation.
Excellent communication skills with the ability to manage a complex multi-bank relationship.
BA/BS in Finance, Accounting, or Economics.
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.