Blue Owl Capital
Vice President, Real Assets Accounting - Financial Reporting
Blue Owl Capital, Chicago, Illinois, United States, 60290
Overview Vice President, Real Assets Accounting - Financial Reporting at Blue Owl Capital.
Experience, qualification, and soft skills, have you got everything required to succeed in this opportunity Find out below. Blue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives. With over $284 billion in assets under management as of June 30, 2025, we invest across Credit, Real Assets and GP Strategic Capital. We provide private capital solutions to drive long-term growth and offer differentiated opportunities to institutional investors, individuals, and insurance companies. Blue Owl has approximately 1,300 professionals globally. The Opportunity Blue Owl is looking for an energetic and strategic accounting professional for one of their non-traded Real Estate Investment Trusts (REIT). This is an exciting opportunity to join a growing company and help institutionalize existing practices while working with a collaborative team. Responsibilities
Oversee and accurately report financial data, month-end, quarter-end, and year-end accounting, valuation, and financial reporting in accordance with deadlines. Prepare monthly net asset value and price per share in accordance with PPM documents. Serve as the subject matter expert for financial reporting questions, including technical GAAP historical cost and fair value reporting accounting treatment. Demonstrate understanding of real estate investment structures, mortgage documents, development agreements, partnership agreements, and purchase and sale agreements. Determine the accounting and financial statement impacts due to significant transactions such as acquisitions, leases, and segment reporting to ensure accurate financial presentation. Oversee third parties, monitoring their compliance with responsibilities, budgets, and deadlines. Communicate effectively with CFO and CAO, providing regular and ad hoc communications, reporting, and analysis. Coordinate and prepare financial statements and disclosures on Forms 10-Q, 10-K and 8-K with the SEC on a historical cost basis. Coordinate with investment and asset management teams regarding property acquisitions, dispositions and ongoing property operations. Manage audit deadlines and coordinate timely completion of audit reports. Manage relationship with fund administrator and property managers; review incentive fee allocations, management fee allocations, acquisition entries, and monthly NAV closes prepared by the fund administrator. Support ad hoc reporting with investments team for current portfolio and acquisitions. Implement effective internal controls and recommend policies, procedures, processes, and controls based on continual analysis of current accounting processes. Skills & Experience Required
7+ years of real estate accounting experience. Exposure to real estate private equity, non-traded REITs or public REITs; Big 4 auditors and/or relevant industry experience considered. Strong technical accounting skills with emphasis on historical cost and fair value basis for real estate. SEC reporting experience including Form 10-K, 10-Q, 8-K and other transactional offerings. Ability to understand leases, debt agreements, and private placement memorandums. Deadline-focused, organized, and able to handle multiple weekly, monthly and quarterly deadlines. Proficiency with Excel and accounting software. Management Style & Personal Attributes
Lead by example with a sense of urgency, accountability, and sound decision making; follow process yet act with pragmatism. Business acumen and knowledge of industry practices. Vision and commitment to Blue Owl’s goals; inspire others to succeed. Motivational, energetic, and capable of encouraging the team to achieve objectives. Leadership and conflict resolution; effective communication and collaboration. Ethics and values; uphold the highest level of integrity. Education
Bachelor’s degree in a related field. CPA preferred, not required. Compensation Base annual salary range for this Chicago-based position will be $150,000 - $175,000. Actual salaries may vary based on experience and qualifications. Employees may be eligible for a discretionary bonus based on individual and team performance. Equal Opportunity 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.
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Experience, qualification, and soft skills, have you got everything required to succeed in this opportunity Find out below. Blue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives. With over $284 billion in assets under management as of June 30, 2025, we invest across Credit, Real Assets and GP Strategic Capital. We provide private capital solutions to drive long-term growth and offer differentiated opportunities to institutional investors, individuals, and insurance companies. Blue Owl has approximately 1,300 professionals globally. The Opportunity Blue Owl is looking for an energetic and strategic accounting professional for one of their non-traded Real Estate Investment Trusts (REIT). This is an exciting opportunity to join a growing company and help institutionalize existing practices while working with a collaborative team. Responsibilities
Oversee and accurately report financial data, month-end, quarter-end, and year-end accounting, valuation, and financial reporting in accordance with deadlines. Prepare monthly net asset value and price per share in accordance with PPM documents. Serve as the subject matter expert for financial reporting questions, including technical GAAP historical cost and fair value reporting accounting treatment. Demonstrate understanding of real estate investment structures, mortgage documents, development agreements, partnership agreements, and purchase and sale agreements. Determine the accounting and financial statement impacts due to significant transactions such as acquisitions, leases, and segment reporting to ensure accurate financial presentation. Oversee third parties, monitoring their compliance with responsibilities, budgets, and deadlines. Communicate effectively with CFO and CAO, providing regular and ad hoc communications, reporting, and analysis. Coordinate and prepare financial statements and disclosures on Forms 10-Q, 10-K and 8-K with the SEC on a historical cost basis. Coordinate with investment and asset management teams regarding property acquisitions, dispositions and ongoing property operations. Manage audit deadlines and coordinate timely completion of audit reports. Manage relationship with fund administrator and property managers; review incentive fee allocations, management fee allocations, acquisition entries, and monthly NAV closes prepared by the fund administrator. Support ad hoc reporting with investments team for current portfolio and acquisitions. Implement effective internal controls and recommend policies, procedures, processes, and controls based on continual analysis of current accounting processes. Skills & Experience Required
7+ years of real estate accounting experience. Exposure to real estate private equity, non-traded REITs or public REITs; Big 4 auditors and/or relevant industry experience considered. Strong technical accounting skills with emphasis on historical cost and fair value basis for real estate. SEC reporting experience including Form 10-K, 10-Q, 8-K and other transactional offerings. Ability to understand leases, debt agreements, and private placement memorandums. Deadline-focused, organized, and able to handle multiple weekly, monthly and quarterly deadlines. Proficiency with Excel and accounting software. Management Style & Personal Attributes
Lead by example with a sense of urgency, accountability, and sound decision making; follow process yet act with pragmatism. Business acumen and knowledge of industry practices. Vision and commitment to Blue Owl’s goals; inspire others to succeed. Motivational, energetic, and capable of encouraging the team to achieve objectives. Leadership and conflict resolution; effective communication and collaboration. Ethics and values; uphold the highest level of integrity. Education
Bachelor’s degree in a related field. CPA preferred, not required. Compensation Base annual salary range for this Chicago-based position will be $150,000 - $175,000. Actual salaries may vary based on experience and qualifications. Employees may be eligible for a discretionary bonus based on individual and team performance. Equal Opportunity 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.
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