Blue Owl Capital

Real Assets Accounting, Vice President

Blue Owl Capital

full-time

Posted on:

Location Type: Office

Location: Chicago • Illinois • Texas • United States

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Salary

💰 $150,000 - $170,000 per year

Job Level

Lead

About the role

  • Lead accurate, GAAP‑compliant financial reporting for property‑level and fund‑level entities, including parallel funds and SPVs, ensuring timely delivery, proper presentation, reconciliations, variance analysis, and supporting schedules.
  • Review and manage fund administrator deliverables, including journal entries, capital calls, distributions, NAV calculations, and investor pricing, ensuring adherence to fund documents and reporting deadlines.
  • Manage global audit, tax, and regulatory filing processes (including Cayman, Jersey, and Luxembourg), coordinating with external auditors, fund administrators, and tax advisors.
  • Serve as a primary accounting contact for lenders and institutional investors, including debt compliance reporting, investor reporting, and responses to financial inquiries.
  • Prepare and present accounting, budgeting, reporting, and accounting system matters to senior management and key stakeholders.
  • Oversee forecasting, cash flow planning, and fund return calculations to support investment performance monitoring and decision‑making.
  • Interpret limited partnership agreements, waterfall provisions, and financing documents to calculate investor returns, preferred returns, and carried interest.
  • Monitor and enhance internal controls, policies, and procedures to ensure compliance with company standards and support scalable operations.

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.
  • Ability to efficiently utilize excel spreadsheets and accounting software systems.
  • Experience interpreting limited partnership agreement, long terms lease and mortgages.
  • Experience with reporting investment activity to institutional investors.
  • Bachelor’s degree in related field.
  • CPA preferred.
Benefits
  • Health, Dental and Vision insurance
  • 401(k)
  • Healthcare and Dependent Care Flexible Spending Account
  • Short Term Disability insurance
  • Long Term Disability Insurance
  • Family Planning Support
  • Paid Time Off
  • Leave of Absences
Applicant Tracking System Keywords

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

Hard Skills & Tools
GAAP-compliant financial reportingvariance analysisNAV calculationsdebt compliance reportingforecastingcash flow planningfair value accountinglimited partnership agreementsinvestor returns calculationsREIT rules
Soft Skills
communicationpresentationleadershiporganizational
Certifications
CPA