Blue Owl Capital

Vice President, Real Assets Accounting

Blue Owl Capital

full-time

Posted on:

Location Type: Office

Location: Chicago • Illinois • Texas • United States

Visit company website

Explore more

✨ AI Apply
Apply

Salary

💰 $150,000 - $170,000 per year

Job Level

Lead

About the role

  • Accurately report financial data for property level entities and fund level entities in accordance with deadlines.
  • Properly present investment company financials for parallel funds and SPVs.
  • Ensure that Generally Acceptable Accounting Principles are being adhered to for all financial reporting periods, financial presentations and footnote disclosures.
  • Closely work with and review Fund Administrators’ journal entries, capital calls, distributions, and financial statements.
  • Manage annual financial filing requirements in multiple jurisdictions including Cayman, Jersey, and Luxembourg.
  • Prepare supporting schedules for all material balance sheet accounts.
  • Perform variance analysis and timely reconciliation of general ledger accounts.
  • Provide lenders with debt compliance and other financial information as required by loan documents.
  • Review quarterly net asset value and price per unit in accordance with fund documents.
  • Effectively manage multiple weekly, monthly, and quarterly deadlines.
  • Work with team to properly prioritize ad hoc requests in addition to required reporting deadlines per limited partnership agreements.
  • Effectively communicate with team members and management.
  • Prepare and present accounting, budgeting, reporting, and accounting system matters to senior management.
  • Prepare revenue and expense forecasts.
  • Determine and monitor cash requirements on a recurring basis.
  • Well versed in calculating fund returns.
  • Able to interpret waterfall terms per limited partnership agreement and prepare calculation to determine preferred returns to investors and carried interest earned by general partner.
  • Experience interpreting limited partnership, long terms lease, and mortgage documents.
  • Experience with reporting investment activity to institutional investors.
  • Respond to requests for information from lenders, owners, and investors.
  • Coordinate with external auditors and tax preparers for year-end audit and tax return preparation.
  • Monitor procedures and internal controls to ensure compliance with Company policies and make recommendations for improvements.
  • Implement effective internal controls and recommend to management the implementation of policies, procedures, processes and controls based on continual analysis of current accounting processes.

Requirements

  • Seven plus years of private equity real estate accounting experience.
  • Understanding of complex fund structures including foreign currency exposure and hedging.
  • Knowledge of REIT rules and tax implications, a plus.
  • Experience working with third-party fund administrators.
  • “Fair value” accounting background.
  • Understanding of debt agreements.
  • Must be deadline focused, organized, detail oriented, and exhibit problem-solving skills, able to handle multiple deadlines at the same time.
  • Ability to efficiently utilize excel spreadsheets and accounting software systems.
  • Able to thrive in an entrepreneurial and proactive environment.
Benefits
  • discretionary bonus based on individual and team performance
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
financial reportingvariance analysisgeneral ledger reconciliationfund accountingcash flow forecastinginvestment activity reportingfair value accountingdebt complianceinternal controlsfinancial statement preparation
Soft Skills
deadline focusedorganizeddetail orientedproblem-solvingeffective communicationteam collaborationprioritizationadaptabilityanalytical thinkingproactive