Financial Reporting Real Assets Accounting, Vice President

Vice President Of Strategic AccountingBlue Owl is a leading asset manager that is redefining alternatives. With over $307 billion in assets under management as of December 31, 2025, we invest across three multi-strategy platforms: Credit, Real Assets and GP Strategic Capital. 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.Blue Owl is looking for a 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.ResponsibilitiesFinancial ReportingOversee and accurately report financial data, month-end, quarter-end, and year-end accounting, valuation, and financial reporting in accordance with deadlinesPrepare monthly net asset value and price per share in accordance with PPM documentsServe as the subject matter expert for financial reporting questions, including technical GAAP historical cost and fair value reporting accounting treatmentDemonstrate strong understanding of real estate investment structures, mortgage documents, development agreements, partnership agreements, and purchase and sale agreementsDetermine the accounting and financial statement impacts due to significant transactions such as acquisitions, leases, and segment reporting to ensure accurate financial presentationOversee third parties, monitoring their compliance with responsibilities, budgets, and deadlinesCommunicate effectively with CFO and CAO, providing regular and ad hoc communications, reporting, and analysisCoordinate and prepare financial statements and disclosures on Forms 10-Q, 10-K and 8-K with the SEC on a historical cost basisCoordinate with investment and asset management teams regarding property acquisitions/dispositions and ongoing property operationsAuditManage audit deadlinesAnswer various questions from the audit and tax teamsCoordinate the timely conclusion of audit reportsFund AdministrationManage relationship with fund administrator and property managersReview the following prepared by the fund administrator:Incentive fee allocations and calculationsManagement fee allocations and calculationsAcquisition entries ad hocMonthly NAV closesAd Hoc ReportingWork with investments team on ad hoc reports for current portfolio and acquisitionsImplement effective internal controls, recommend to management the implementation of policies, procedures, processes, and controls based on continual analysis of current accounting processes.Qualifications7+ 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 estateSEC reporting experience including Form 10-K, 10-Q, 8-K and other transactional offerings.Ability to understand leases, debt agreements, and private placement memorandumsMust be deadline focused, organized, and exhibit problem-solving skills, able to handle multiple weekly, monthly and quarterly deadlines at the same timeAbility to efficiently utilize excel spreadsheets and other accounting software.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.Benefits for this role include 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, and Leave of Absences. All such benefits are subject to the terms/conditions of the Company's benefits plans and policies.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.