Blue Owl Capital · 3 hours ago
Senior Associate, Real Assets Accounting - Chicago
Chicago - 150 - 37
Full-time
Onsite
Mid, Senior Level
$110K/yr - $140K/yr
4+ years expBlue Owl Capital is a leading asset manager redefining alternatives. They are seeking a Senior Associate to manage financial reporting for their real estate private equity funds, ensuring compliance with accounting principles and collaborating with a team to meet deadlines.
BankingConsumer LendingFinanceFinancial ServicesLending
Responsibilities
Accurately report financial data for property level entities and fund level entities in accordance with deadlines
Properly present consolidated financials for parallel funds
Ensure that Generally Acceptable Accounting Principles are being adhered to for all financial reporting periods, financial presentations and footnote disclosures
Review journal entries for consolidating entities related to purchases, sales and monthly operations, reconcile monthly bank accounts and corresponding journal entries
Prepare supporting schedules for all material balance sheet accounts
Perform variance analysis and timely reconciliation of general ledger accounts
Provide lenders with debt compliance and other financial information as required by loan documents
Review quarterly net asset value and price per unit in accordance with fund documents
Effectively manage multiple weekly, monthly, and quarterly deadlines
Work with team to properly prioritize ad hoc requests in addition to required reporting deadlines per limited partnership agreements
Effectively communicate with team members and management
Prepare and present accounting, budgeting, reporting, and accounting system matters to senior management
Prepare revenue and expense forecasts
Determine and monitor cash requirements on a recurring basis
Coordinate with external auditors and tax preparers for year-end audit and tax return preparation
Respond to requests for information from lenders, owners, and investors
Monitor procedures and internal controls to ensure compliance with Company policies and make recommendations for improvements
Implement effective internal controls and recommend to management the implementation of policies, procedures, processes and controls based on continual analysis of current accounting processes
Qualification
Required
4+ years of private equity real estate accounting experience
Knowledge of REIT rules and tax implications, a plus
Experience working with third-party fund administrators
"Fair value" accounting background
Understanding of debt agreements
Able to handle multiple deadlines at the same time
Ability to efficiently utilize excel spreadsheets and accounting software systems
Able to thrive in an entrepreneurial and proactive environment
Experience interpreting limited partnership agreement, long terms lease and mortgages
Experience with reporting investment activity to institutional investors
Benefits
Discretionary bonus
Company
Blue Owl Capital
Blue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives®.
1001-5000 employees
H1B Sponsorship
Blue Owl Capital has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (13)
2024 (5)
2023 (2)
Funding
Current Stage
Public CompanyTotal Funding
$3.65BKey Investors
Societe Generale
2025-07-01Post Ipo Debt· $147.72M
2024-12-13Post Ipo Debt· $600M
2024-05-30Post Ipo Debt· $250M
Leadership Team
Marc Lipschultz
Co-CEO
Alan Kirshenbaum
Chief Financial Officer
Recent News
Company data provided by crunchbase