Jobs › Blue Owl Capital

Senior Associate, Real Assets Accounting

Blue Owl Capital · Chicago, IL · $110,000–$135,000 a year · Full time

Posted Aug 27, 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.

Offer builds a real interview for this exact role at Blue Owl Capital from your resume and this job description, asks the questions one at a time, and tells you what landed. The first one is free.

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The full job description

As published by Blue Owl Capital.

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 Job Description This position will support the SEC reporting process for non-traded REITs in accordance with US GAAP and SEC reporting requirements, including collaboration with the REIT accounting teams, the third-party fund administrator, and property managers, to ensure supporting documentation is prepared timely and accurately to streamline the SEC reporting process. Responsibilities • Assist with the preparation of consolidated financial statements, footnotes, and MD&A for our 10Q and 10K reports filed with the SEC in Workiva, including: • Prepare and update the document and underlying support for each reporting period; • Review of financial statement support and other supporting schedules provided by fund administrator and/or property manager for completeness and accuracy; • Assist with organizing and addressing comments received from senior management and external parties; • Preparation of tie-outs to supporting documentation; • Assist with the preparation and filing of 8K and Section 16 SEC filings in Workiva; • Assist with technical accounting research, including consolidation analyses, the adoption of new accounting and reporting disclosure requirements, and the preparation of memos; • Assist with NAV financial close, as needed; • Support the external auditors during audits and interim reviews, including providing supporting documentation and answering financial reporting questions; • Assist with preparation of internal reporting, including management company reporting and audit committee and board materials; • Ensure financial reporting controls are followed and documented, and support external SOX testing team by providing support and answering questions; • Provide additional ad-hoc financial reporting and accounting research, and perform other duties and responsibilities as assigned. Qualifications • 3-5 years of accounting experience; exposure to real estate private equity, non-traded REITs or public REITs a plus, with backgrounds in public accounting and/or industry. • SEC reporting experience including Form 10-K, 10-Q, 8-K and other transactional offerings. • Strong technical accounting skills with an emphasis on U.S. GAAP, including historical cost and fair value basis of accounting for real estate. • Experience with SEC reporting software such as Workiva a plus but not required. • Knowledge of REIT rules and tax implications a plus but not required. • Experience working with third-party fund administrators a plus but not required. • Bachelor’s degree in related field. • CPA Preferred, not required It is expected that the base annual salary range for this Chicago based position will be $110,000 - $135,000. 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. 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, and Leave of Absences. All such benefits are subject to the terms/conditions of the Company’s benefits plans and policies. 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.

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