Chief Accounting Office - Real Assets Accounting

Blue Owl Capital Holdings LLC; Chicago (IL); On-site; USD 250,000 - 300,000; Full time

Benefits offered by this job

Health, Dental and Vision insurance

401(k)

Healthcare and Dependent Care Flexible

Short Term Disability Insurance

Long Term Disability Insurance

Family Planning Support

Paid Time Off

Leave of Absences

Job summary

Blue Owl Capital Holdings LLC seeks a Chief Accounting Officer to lead accounting and financial reporting for its REIT. The CAO will strengthen the accounting infrastructure, reporting capabilities, and control environment, partnering with executive management and the Board to ensure top‑tier financial reporting and compliance.

The role requires deep GAAP expertise, public REIT experience, and a track record of building scalable, high‑performing teams.

Qualifications

• 12+ years of progressive accounting and financial reporting experience, including real estate accounting exposure.
• Extensive knowledge of GAAP and real estate accounting principles.
• Deep understanding of SEC reporting requirements (Forms 10-K, 10-Q, 8-K).
• Experience leading SOX programs and internal controls over financial reporting.

Responsibilities

• Lead month‑end, quarter‑end, and year‑end close processes and financial reporting.
• Serve as technical accounting expert on real estate transactions and investments.
• Oversee external auditors and deliverables for audits.
• Drive ICFR design, implementation, and ongoing evaluation.

Skills

GAAP knowledge

SEC reporting

SOX compliance

Leadership

Financial analysis

Cross-functional collaboration

Education

Bachelor's degree in Accounting/Finance

CPA designation

Tools

Workiva

Excel

Job description

Blue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives®. With over $319 billion in assets under management as of June 30, 2026, 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. Together with over 1,380 experienced professionals globally, Blue Owl brings the vision and discipline to create the exceptional. To learn more, visit www.blueowl.com

The Opportunity

Blue Owl is seeking an accomplished and strategic Chief Accounting Officer to lead the accounting and financial reporting function for its Real Estate Investment Trust (REIT). This is a unique opportunity to join a rapidly growing organization and play a critical role in strengthening the Company's accounting infrastructure, reporting capabilities, and control environment. The ideal candidate will bring deep technical accounting expertise, extensive public REIT experience, and a proven ability to build scalable processes and high‑performing teams. As a key member of the finance leadership team, the CAO will partner closely with executive management and the Board of Directors to ensure best‑in‑class financial reporting, compliance, and operational excellence.

Key Responsibilities

• Lead all month‑end, quarter‑end, and year‑end close processes, ensuring timely and accurate financial reporting.
• Serve as the Company's technical accounting expert, with particular emphasis on GAAP and historical cost accounting for real estate transactions and investments.
• Evaluate and determine accounting treatment for complex transactions, including acquisitions, dispositions, leases, financing arrangements, development activities, and segment reporting.
• Review and assess real estate investment structures, partnership agreements, debt documents, development agreements, and purchase and sale agreements to determine financial reporting implications.
• Oversee third‑party service providers and ensure compliance with reporting requirements, budgets, and deadlines.
• Prepare and present financial analyses and reports for executive leadership and the Board of Directors.
• Partner closely with investment, asset management, and operations teams regarding acquisitions, dispositions, and ongoing portfolio activity.
• Own the Company's SEC reporting process, ensuring timely and accurate preparation and filing of Forms 10‑K, 10‑Q, 8‑K, and other required disclosures.
• Oversee the preparation of quarterly earnings releases and supplemental investor reporting packages.
• Monitor emerging SEC regulations, accounting pronouncements, and disclosure requirements, assessing their impact on the Company.
• Coordinate with external auditors, legal counsel, and other advisors on reporting and disclosure matters.
• Lead the design, implementation, and ongoing evaluation of internal controls over financial reporting (ICFR).
• Ensure compliance with Sarbanes‑Oxley (SOX) requirements and oversee testing, documentation, and remediation efforts.
• Continuously evaluate accounting processes and recommend enhancements to improve efficiency, scalability, and control effectiveness.
• Serve as the primary liaison with external auditors and manage all audit‑related activities.
• Coordinate audit planning, inquiries, and deliverables to ensure timely completion of quarterly and annual audits.
• Oversee third‑party REIT compliance testing and monitor adherence to REIT qualification requirements.
• Partner with tax advisors on REIT taxable income calculations, distribution requirements, and tax return preparation.
• Lead, mentor, and develop a high‑performing accounting organization.
• Foster a culture of accountability, collaboration, continuous improvement, and professional development.
• Oversee hiring, performance management, succession planning, and talent development initiatives.
• Collaborate effectively across asset management, investments, investor relations, legal, and other business functions.
• Support strategic transactions, acquisitions, financings, and other corporate initiatives.
• Deliver timely analysis and reporting for executive leadership and investment teams.
• Effectively manage competing priorities and deadlines within a dynamic, fast‑paced environment.

Qualifications

Required Experience 12+ years of progressive accounting and financial reporting experience, including significant real estate accounting exposure. Extensive knowledge of GAAP and historical cost accounting principles as they apply to real estate investments and operations. Deep understanding of SEC reporting requirements, including Forms 10‑K, 10‑Q, 8‑K, proxy statements, and transaction‑related filings. Demonstrated experience leading SOX compliance programs and maintaining effective internal controls over financial reporting. Strong understanding of leases, debt agreements, partnership structures, development agreements, and real‑estate transaction documentation. Proven track record of building, leading, and developing high‑performing teams. Exceptional organizational, analytical, and problem‑solving skills with the ability to manage multiple competing deadlines. Advanced proficiency in Excel and financial reporting systems, including Workiva or comparable platforms.

Preferred Experience

• Current or prior Chief Accounting Officer, Deputy CAO, Controller, or equivalent leadership experience within a publicly traded REIT.
• Big Four public accounting background strongly preferred.
• Experience supporting high‑growth, institutional real estate organizations.

Leadership Competencies

• Lead by Example: Demonstrates accountability, sound judgment, and a strong sense of urgency. Combines disciplined execution with a practical, solutions‑oriented approach and bias toward action.
• Strategic Business Acumen: Possesses a strong understanding of industry dynamics, market trends, and emerging best practices. Connects accounting and reporting decisions to broader business objectives.
• Vision & Influence: Effectively communicates organizational goals and priorities while inspiring confidence, engagement, and alignment across teams.
• Team Development & Motivation: Creates an environment where individuals are challenged, supported, and empowered to achieve their full potential.
• Integrity & Ethics: Maintains the highest standards of professionalism, transparency, and ethical conduct in all interactions and decision‑making.

Education & Credentials

Bachelor's degree in Accounting, Finance, or a related discipline. Certified Public Accountant (CPA) designation required.

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
• Leave of Absences

All such benefits are subject to the terms/conditions of the Company’s benefits plans and policies.

Salary

The base annual salary range for this Chicago based position will be $250,000 to $300,000. Actual salary offered will be based on the candidate’s 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 (duplicate)

• 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

All such benefits are subject to the terms/conditions of the Company’s benefits plans and policies.

Salary (duplicate)

The base annual salary range for this Chicago based position will be $250,000 to $300,000. Actual salary offered will be based on the candidate’s skill, experience, and qualification for the role. Employees may be eligible for a discretionary bonus, based on factors such as individual and team performance.

Equal Opportunity Employer

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.

Company Description (bottom)

Blue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives®. With over $319 billion in assets under management as of June 30, 2026, 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. Together with over 1,380 experienced professionals globally, Blue Owl brings the vision and discipline to create the exceptional. To learn more, visit www.blueowl.com