Compensation Associate

6 days ago


Mumbai, Maharashtra, India Ares Management Corporation Full time

About the Role

Ares Management Corporation is seeking an Associate to join the Human Resources team. The successful candidate will be responsible for facilitating day-to-day transactions across the carried interest and equity platforms, including processing carried interest distributions, wire instructions, and trust maintenance, as well as equity administration, system maintenance, and reporting.

Key Responsibilities

  • Develop a comprehensive understanding of the broader business and critical components of success to create strategic enhancements with the HR and financial planning teams.
  • Collaborate with HR professionals and the finance team to review analytical findings and develop thoughtful, dynamic strategies and solutions.
  • Carried Interest Administration: Process, track, and report on carried interest allocations, vesting schedules, distributions, and future valuations/forecast.
  • Equity Administration: Assist with award activity across three separate plans, including new awards, vesting events, forfeitures, and accelerations.
  • Develop reports on current practices and identify potential exposure to the firm.
  • Complete other related duties as assigned.

Requirements

  • Bachelor's degree in business, economics, finance, or accounting, or a related field.
  • Minimum of 4 years of analytical or compensation experience, preferably in the financial services industry.
  • Experience with Workday and/or Compensation platform(s) preferred.
  • Strong technical skills with high proficiency in Excel and PowerPoint.
  • An analytical mind and a passion for bringing new ideas to increase efficiency of existing processes.
  • Ability to manage multiple priorities and competing demands.
  • Strong communication skills and team orientation.
  • High accuracy and detail orientation.
  • Good judgment in terms of escalating issues vs. solving problems independently.
  • Ability to handle confidential information appropriately.

Reporting Relationships

Reports to: Vice President, Compensation Administration



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