Associate, Financial Reporting
2 days ago
We are seeking a highly motivated and detail-oriented Associate, Fund Accounting to join our team at Ares Management Corporation. As an Associate, Fund Accounting, you will play a crucial role in the preparation of US GAAP financial statements for monthly reporting and quarterly and annual SEC filings.
Your responsibilities will include overseeing and reviewing daily and monthly NAV packages from the fund administrator, assisting with the monthly/quarterly close process, and preparing various financial statement account balance reconciliations and workpapers. You will also review NQ, NCSRS, and NCSR reporting for the funds, monthly NPORT reporting, and compliance reporting (Form PF, ADV, etc.).
In addition, you will manage daily cash activities for a publicly traded BDC, including processing payments, depositing checks, and posting to the general ledger. You will also prepare/review monthly cash reconciliations for all legal entities and assist in basic treasury functions, including opening/closing bank accounts.
You will collaborate with team members to manage monthly and quarterly expense allocation and recovery functions between investment funds. You will work with the tax team to administer timely and thorough payment of tax estimates and liabilities for all legal entities that require special handling.
As an Associate, Fund Accounting, you will participate and contribute to regular review of processes and deliverables to improve effectiveness, efficiency, and accuracy.
Requirements
• Bachelor's Degree and CA Qualified Certification: CPA equivalent a plus
• Minimum 3-6 years of experience in accounting/cash management preferred
• Industry experience preferred
• Experience with Microsoft Dynamics 365 Business Central or Advent Geneva investment accounting software a plus
Key Skills
• Ability to work independently in a fast-paced, high growth environment
• Highly motivated team player with a strong work ethic
• Basic understanding of US GAAP
• Excellent verbal and written skills
• Strong problem-solving and analytical skills
• Ability to prioritize/manage deadlines
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