Blue Owl Capital
Chief Accounting Officer, Real Assets Finance & Accounting - Chicago
Blue Owl Capital, Chicago, Illinois, United States, 60290
Chief Accounting Officer, Real Assets Finance & Accounting - Chicago
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Chief Accounting Officer, Real Assets Finance & Accounting - Chicago
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Continue with Google Continue with Google Continue with Google Continue with Google Continue with Google Continue with Google Continue with Google Continue with Google Continue with Google Continue with Google Continue with Google Continue with Google Blue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives.
With $273 billion in assets under management as of March 31, 2025, we invest across three multi-strategy platforms: Credit, GP Strategic Capital, and Real Assets. 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 1,200 experienced professionals globally, Blue Owl brings the vision and discipline to create the exceptional. To learn more, visit www.blueowl.com.
The Role
We are seeking a U.S.-based Chief Accounting Officer (CAO) to lead the global accounting function for a real estate development and property management company. This role is focused on the accounting and financial oversight of the management company — including development management, asset management, and property management entities — across a global platform. The CAO will be responsible for maintaining financial integrity, compliance, and reporting accuracy across multiple jurisdictions while building scalable processes to support international growth.
Key Responsibilities
Corporate & Management Company Accounting
Oversee all accounting operations for the U.S.-based parent and affiliated management entities worldwide. Ensure accurate recognition of management fee income (development, asset, and property management) from internal and third-party sources. Manage intercompany accounting, including cost allocations, transfer pricing, and consolidated eliminations across U.S., EMEA, and APAC entities. Oversee accounting for corporate overhead, shared services, and U.S.-based administrative entities.
Global Financial Reporting & Compliance
Lead the global consolidation and preparation of monthly, quarterly, and annual financial statements under U.S. GAAP (with IFRS understanding where applicable). Coordinate with regional controllers to ensure consistency in financial practices, controls, and reporting across jurisdictions. Manage external audits and statutory reporting for the U.S. parent and subsidiaries.
Controls, Policy & Risk Management
Establish and enforce internal controls, accounting policies, and procedures in line with U.S. and international standards. Ensure global compliance with regulatory requirements, including tax filings, indirect taxes (e.g., VAT/GST), and local statutory filings. Collaborate with legal and tax to maintain intercompany agreements and documentation.
Team Leadership
Lead and develop a geographically distributed accounting team, with direct oversight of U.S.-based accounting leadership and dotted-line management of regional finance teams. Promote global standardization, training, and professional development across regions.
Systems & Operational Efficiency
Oversee ERP systems and accounting platforms (e.g., NetSuite) used for management company reporting. Drive process improvements and system enhancements to support scale, efficiency, and transparency.
Executive & Strategic Support
Provide financial analysis, insights, and recommendations to the CFO and executive team to support global business strategy. Support the budgeting and forecasting process for the corporate and management company entities. Partner cross-functionally with development, asset management, HR, legal, and technology teams.
Education & Credentials
Bachelor’s degree in Accounting or Finance CPA required
Experience
12–15+ years of progressive accounting leadership experience Prior experience in a U.S.-based real estate development or investment management company with global operations Proven success managing accounting for management company operations and intercompany structures Experience coordinating with international teams, auditors, and regulatory bodies
Skills & Competencies
Strong command of U.S. GAAP; working knowledge of IFRS and international compliance standards Expertise in intercompany accounting, transfer pricing, and multi-currency consolidations Leadership skills to manage a cross-border team and work effectively across cultures and time zones Proficiency with ERP and financial reporting systems (e.g., Oracle, NetSuite, SAP); experience with real estate systems (e.g., Yardi, MRI) is a plus
It is expected that the base annual salary range for this Chicago 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.
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. Seniority level
Seniority level Not Applicable Employment type
Employment type Full-time Job function
Job function Accounting/Auditing and Finance Referrals increase your chances of interviewing at Blue Owl Capital by 2x Get notified about new Chief Accounting Officer jobs in
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Join to apply for the
Chief Accounting Officer, Real Assets Finance & Accounting - Chicago
role at
Blue Owl Capital Continue with Google Continue with Google Chief Accounting Officer, Real Assets Finance & Accounting - Chicago
2 days ago Be among the first 25 applicants Join to apply for the
Chief Accounting Officer, Real Assets Finance & Accounting - Chicago
role at
Blue Owl Capital Get AI-powered advice on this job and more exclusive features. Sign in to access AI-powered advices
Continue with Google Continue with Google Continue with Google Continue with Google Continue with Google Continue with Google Continue with Google Continue with Google Continue with Google Continue with Google Continue with Google Continue with Google Blue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives.
With $273 billion in assets under management as of March 31, 2025, we invest across three multi-strategy platforms: Credit, GP Strategic Capital, and Real Assets. 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 1,200 experienced professionals globally, Blue Owl brings the vision and discipline to create the exceptional. To learn more, visit www.blueowl.com.
The Role
We are seeking a U.S.-based Chief Accounting Officer (CAO) to lead the global accounting function for a real estate development and property management company. This role is focused on the accounting and financial oversight of the management company — including development management, asset management, and property management entities — across a global platform. The CAO will be responsible for maintaining financial integrity, compliance, and reporting accuracy across multiple jurisdictions while building scalable processes to support international growth.
Key Responsibilities
Corporate & Management Company Accounting
Oversee all accounting operations for the U.S.-based parent and affiliated management entities worldwide. Ensure accurate recognition of management fee income (development, asset, and property management) from internal and third-party sources. Manage intercompany accounting, including cost allocations, transfer pricing, and consolidated eliminations across U.S., EMEA, and APAC entities. Oversee accounting for corporate overhead, shared services, and U.S.-based administrative entities.
Global Financial Reporting & Compliance
Lead the global consolidation and preparation of monthly, quarterly, and annual financial statements under U.S. GAAP (with IFRS understanding where applicable). Coordinate with regional controllers to ensure consistency in financial practices, controls, and reporting across jurisdictions. Manage external audits and statutory reporting for the U.S. parent and subsidiaries.
Controls, Policy & Risk Management
Establish and enforce internal controls, accounting policies, and procedures in line with U.S. and international standards. Ensure global compliance with regulatory requirements, including tax filings, indirect taxes (e.g., VAT/GST), and local statutory filings. Collaborate with legal and tax to maintain intercompany agreements and documentation.
Team Leadership
Lead and develop a geographically distributed accounting team, with direct oversight of U.S.-based accounting leadership and dotted-line management of regional finance teams. Promote global standardization, training, and professional development across regions.
Systems & Operational Efficiency
Oversee ERP systems and accounting platforms (e.g., NetSuite) used for management company reporting. Drive process improvements and system enhancements to support scale, efficiency, and transparency.
Executive & Strategic Support
Provide financial analysis, insights, and recommendations to the CFO and executive team to support global business strategy. Support the budgeting and forecasting process for the corporate and management company entities. Partner cross-functionally with development, asset management, HR, legal, and technology teams.
Education & Credentials
Bachelor’s degree in Accounting or Finance CPA required
Experience
12–15+ years of progressive accounting leadership experience Prior experience in a U.S.-based real estate development or investment management company with global operations Proven success managing accounting for management company operations and intercompany structures Experience coordinating with international teams, auditors, and regulatory bodies
Skills & Competencies
Strong command of U.S. GAAP; working knowledge of IFRS and international compliance standards Expertise in intercompany accounting, transfer pricing, and multi-currency consolidations Leadership skills to manage a cross-border team and work effectively across cultures and time zones Proficiency with ERP and financial reporting systems (e.g., Oracle, NetSuite, SAP); experience with real estate systems (e.g., Yardi, MRI) is a plus
It is expected that the base annual salary range for this Chicago 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.
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. Seniority level
Seniority level Not Applicable Employment type
Employment type Full-time Job function
Job function Accounting/Auditing and Finance Referrals increase your chances of interviewing at Blue Owl Capital by 2x Get notified about new Chief Accounting Officer jobs in
Chicago, IL . Chicago, IL $230,000 - $350,000 3 days ago Chicago, IL $300,000 - $375,000 3 days ago CFO at a PE-Backed Distribution Business
Chief Financial and Administrative Officer (CFAO)
Streeterville, IL $100,000.00 - $775,000.00 1 month ago Division Vice President, Business Unit Controller
Vice President of Multifamily Property Accounting
Chicago, IL $170,000.00 - $180,000.00 2 months ago Vice President/ Senior Vice President, Equipment Finance Officer - MM
Chicago, IL $145,000.00 - $160,000.00 1 month ago Vice President, Technical Accounting Advisory
Vice President for Finance and Administration and Chief Financial Officer
Chicago, IL $250,000.00 - $280,000.00 3 days ago Chicago, IL $150,000.00 - $180,000.00 1 week ago VP of Accounting and Finance up to $200K (Hybrid/Loop)
Chicago, IL $170,000.00 - $200,000.00 2 days ago Chicago, IL $240,000.00 - $270,000.00 5 days ago Downers Grove, IL $155,000.00 - $165,000.00 1 month ago Chicago, IL $208,000.00 - $300,000.00 1 week ago Chicago, IL $135,000.00 - $165,000.00 7 months ago Greater Chicago Area $130,000 - $175,000 2 days ago Chicago, IL $120,000 - $135,000 2 weeks ago Elmhurst, IL $100,000 - $140,000 2 weeks ago Chicago, IL $120,000 - $160,000 1 month ago We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr