Vice President, Real Assets Accounting - Financial Reporting

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

THE OPPORTUNITY

Blue Owl is looking for an energetic and strategic accounting professional for one of their non-traded Real Estate Investment Trust (REIT). 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 the Company institutionalize existing practices while working with the support of a highly collaborative team.

DUTIES + RESPONSIBILITIES

Financial Reporting

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 strong 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

Audit

Manage audit deadlines

Answer various questions from the audit and tax teams

Coordinate the timely conclusion of audit reports

Fund Administration

Manage relationship with fund administrator and property managers

Review the following prepared by the fund administrator:

Incentive fee allocations and calculations

Management fee allocations and calculations

Acquisition entries ad hoc

Monthly NAV closes

Ad Hoc Reporting

Work with investments team on ad hoc reports for current portfolio and acquisitions

Implement effective internal controls, recommend to management the implementation of policies, procedures, processes, and controls based on continual analysis of current accounting processes.

SKILLS + EXPERIENCE REQUIRED

7+ years of real estate accounting experience. Candidates with exposure with real estate private equity, non-traded REITs or public REITs, with backgrounds as Big 4 auditors and/or relevant industry experience will be considered.

Strong technical accounting skills with an emphasis on Historical Cost and Fair Value basis of accounting 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

Must be deadline focused, organized, and exhibit problem-solving skills, able to handle multiple weekly, monthly and quarterly deadlines at the same time

Ability to efficiently utilize excel spreadsheets and other accounting software.

MANAGEMENT STYLE + PERSONALITY ATTRIBUTES

Leading by Example: Demonstrating and fostering, by example, a sense of urgency, strong commitment/accountability, and sound decision making to achieve goals. Consistent and disciplined in following process, while pragmatic with a high propensity for action.

Business Acumen: Knowledge of the competitive landscape and current and emerging practices within the industry.

Vision and Purpose: Embracing and communicating Blue Owl’s vision and its goals while reflecting a dedication to success which inspires and motivates.

Motivational and Inspirational: Energetic with a “get-it done” attitude while keeping the team enthusiastic about the business and the goals set ahead. Encouraging and inspiring colleagues to stretch beyond what they thought they could accomplish.

Leadership and Conflict Resolution: Ability to work through controversy while looking through the lens of general consensus, turning conflicts into opportunities for improvement, and striving for win/win resolutions. Proficient in effective and appropriate communication.

Ethics and Values: Adhere to a code of conduct with a moral compass focused on the highest level of integrity and ethics.

EDUCATION

Bachelor’s degree in related field.

CPA preferred, not required.

It is expected that the base annual salary range for this Chicago based position will be $150,000 - $175,000. 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.

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