Chief Accounting Officer, Real Assets Finance & Accounting - Chicago

Chief Accounting Officer (CAO) Opportunity

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.

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

Controls, Policy & Risk Management

Team Leadership

Systems & Operational Efficiency

Executive & Strategic Support

Education & Credentials :

Experience :

Skills & Competencies :

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.