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Senior Associate - Real Assets Accounting

Blue Owl Capital · Chicago, IL · Full time

Posted Aug 7, 2026 · We last checked this listing on Oct 6, 2026

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Likely interview questions for this role

Written from this job description, not a generic list. Each one notes what the interviewer is really checking.

About your past

Tell me about a process you improved or documented in an accounting role.

What they are checking: Whether they can help institutionalize practices, which the posting emphasizes.

How have you supported an audit?

What they are checking: Whether they can prepare support and respond to auditors efficiently.

How do you stay organized in a fast-growing platform with new entities being added?

What they are checking: Whether they can manage growing complexity without losing accuracy.

What would you do

You find a reconciling item you can't explain the day before close. What do you do?

What they are checking: Whether they escalate promptly and investigate carefully rather than plugging a number.

How do you work with property managers to get accurate data on time?

What they are checking: Whether they can manage outside parties whose data drives the close.

About the work

Walk me through your month-end close process for a real estate entity.

What they are checking: Whether they have hands-on close experience in real estate accounting.

How does accounting for a REIT differ from accounting for a regular corporation?

What they are checking: Whether they understand REIT-specific items like distributions, taxable income requirements and depreciation.

How do you account for an acquisition of a property, and how would you allocate the purchase price?

What they are checking: Whether they know asset acquisition accounting and allocation to land, building and intangibles.

What is straight-line rent, and how does it affect the financial statements?

What they are checking: Whether they understand lease accounting basics under ASC 842 for lessors.

What's the difference between FFO and net income for a REIT?

What they are checking: Whether they understand why REITs add back real estate depreciation, since FFO is how investors judge REIT performance.

Practice this interview out loud.

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