Vice President, Tax Real Assets

Blue Owl Capital; Illinois; On-site; USD 175,000 - 200,000; Full time

Job summary

Blue Owl Capital in Illinois is looking for a Tax Manager to oversee US and international tax return compliance, focusing on digital infrastructure products. Candidates should have at least 8 years of relevant experience and strong analytical skills grounded in tax law.

The expected salary range is $175,000 - $200,000, with possible bonuses based on performance. This is a unique opportunity within a growing team in a leading asset manager.

Qualifications

• Minimum 8 years of experience with a strong track record in owning projects.
• Experience with tax return compliance, analytics, and process improvements.

Responsibilities

• Oversee tax return compliance with outsourced service providers.
• Drive internal and external process improvements and data gathering.
• Review partnership tax allocations and product waterfall allocations.
• Assist with investment deal structuring and tax analytics.
• Respond to tax authority requests and ad hoc items.

Skills

Strong communication skills

Analytical skills rooted in tax law

Education

Big 4 and CPA Preferred

REIT experience preferred

Job description

Blue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives®. With over $315 billion in assets under management as of March 31, 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 1,390 experienced professionals globally, Blue Owl brings the vision and discipline to create the exceptional. To learn more, visit www.blueowl.com.

This role is a newly formed role within the Blue Owl tax function to support continued growth within the Real Assets business, specifically focused on our digital infrastructure products. This role requires strong communication and analytical skills rooted in tax law, with heavy collaboration and teaming with accounting, operations, legal, sales and the product investment teams.

Responsibilities

• Oversee US and international tax return compliance with outsourced tax service providers for various products (partnerships, REITs, and corporate entities) including quarterly and annual compliance tests, where applicable
• Drive internal and external process improvements, data gathering and analytics
• Review partnership tax allocations and product waterfall allocations for purposes of GP carry, required tax distributions and tracking partnership/partner tax basis and capital accounts
• Review monthly and projected Cash/GAAP/Tax reconciliations, with focus on building product level taxable income projections
• Assist with investment deal structuring, including preparing tax analytics and entity formation
• Drive tax analysis for new product launch structuring, fundraising support and participate in portfolio investment meetings
• Assist with tax-related product marketing materials, complete and respond to tax-related investor correspondence, including due diligence questionnaires and ongoing reporting requests
• Respond to tax authority requests and other ad hoc items

Experience

• Minimum 8 years of experience with a strong track record in owning projects with increased responsibility
• Big 4 and CPA Preferred; REIT experience preferred

Compensation

It is expected that the base annual salary range for this New York or Chicago based position will be $175,000 - $200,000. 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.

Equal Opportunity

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.