Job Description

Chief Accounting Officer, Real Assets Finance & Accounting - Chicago

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Chief Accounting Officer, Real Assets Finance & Accounting - Chicago

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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 Role

We are seeking a U.S.-based Chief Accounting Officer (CAO) to lead the global accounting function for a real estate development and property management company. This role is focused on the accounting and financial oversight of the management company — including development management, asset management, and property management entities — across a global platform. The CAO will be responsible for maintaining financial integrity, compliance, and reporting accuracy across multiple jurisdictions while building scalable processes to support international growth.

Key Responsibilities

Corporate & Management Company Accounting

• Oversee all accounting operations for the U.S.-based parent and affiliated management entities worldwide.
• Ensure accurate recognition of management fee income (development, asset, and property management) from internal and third-party sources.
• Manage intercompany accounting, including cost allocations, transfer pricing, and consolidated eliminations across U.S., EMEA, and APAC entities.
• Oversee accounting for corporate overhead, shared services, and U.S.-based administrative entities.

Global Financial Reporting & Compliance

• Lead the global consolidation and preparation of monthly, quarterly, and annual financial statements under U.S. GAAP (with IFRS understanding where applicable).
• Coordinate with regional controllers to ensure consistency in financial practices, controls, and reporting across jurisdictions.
• Manage external audits and statutory reporting for the U.S. parent and subsidiaries.

Controls, Policy & Risk Management

• Establish and enforce internal controls, accounting policies, and procedures in line with U.S. and international standards.
• Ensure global compliance with regulatory requirements, including tax filings, indirect taxes (e.g., VAT/GST), and local statutory filings.
• Collaborate with legal and tax to maintain intercompany agreements and documentation.

Team Leadership

• Lead and develop a geographically distributed accounting team, with direct oversight of U.S.-based accounting leadership and dotted-line management of regional finance teams.
• Promote global standardization, training, and professional development across regions.

Systems & Operational Efficiency

• Oversee ERP systems and accounting platforms (e.g., NetSuite) used for management company reporting.
• Drive process improvements and system enhancements to support scale, efficiency, and transparency.

Executive & Strategic Support

• Provide financial analysis, insights, and recommendations to the CFO and executive team to support global business strategy.
• Support the budgeting and forecasting process for the corporate and management company entities.
• Partner cross-functionally with development, asset management, HR, legal, and technology teams.

Education & Credentials

• Bachelor’s degree in Accounting or Finance
• CPA required

Experience

• 12–15+ years of progressive accounting leadership experience
• Prior experience in a U.S.-based real estate development or investment management company with global operations
• Proven success managing accounting for management company operations and intercompany structures
• Experience coordinating with international teams, auditors, and regulatory bodies

Skills & Competencies

• Strong command of U.S. GAAP; working knowledge of IFRS and international compliance standards
• Expertise in intercompany accounting, transfer pricing, and multi-currency consolidations
• Leadership skills to manage a cross-border team and work effectively across cultures and time zones
• Proficiency with ERP and financial reporting systems (e.g., Oracle, NetSuite, SAP); experience with real estate systems (e.g., Yardi, MRI) is a plus

It is expected that the base annual salary range for this Chicago based position will be $250,000 - $300,000. 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.

Seniority level

• Seniority level

  Not Applicable

Employment type

• Employment type

  Full-time

Job function

• Job function

  Accounting/Auditing and Finance

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