
Associate, Corporate Accounting
3 days ago
Over the last 20 years, Ares’ success has been driven by our people and our culture. Today, our team is guided by our core values - Collaborative, Responsible, Entrepreneurial, Self-Aware, Trustworthy - and our purpose to be a catalyst for shared prosperity and a better future. Through our recruitment, career development and employee-focused programming, we are committed to fostering a welcoming and inclusive work environment where high-performance talent of diverse backgrounds, experiences, and perspectives can build careers within this exciting and growing industry._
Job Description
Responsible for accounting for various revenue streams at the Management Corporation, including:
- Detailed Investment management agreement reviews and analysis of key terms within those agreements
- Preparing written documentation of accounting conclusion on the appropriate treatment for new revenue contracts
- Working on allocation basis for Administration fees to be billed to various funds and managing the Time Certification Survey to arrive at the allocation basis
- Preparing and reviewing journal entries as required for all areas associated with various revenue stream
- Preparation of detailed reconciliations for various revenue accounts - monthly / quarterly
- Detailed analysis of change in revenues on a periodic basis
- Working on Monthly / Quarterly Management Review files / reports
- Configuring ERP system to ensure proper accounting under US GAAP, as well as management reporting
Responsible for accounting for various Investment related activities at Management Corporation, including:
- Preparing wire forms for Capital Calls, analyzing Distribution notices, and finalizing the appropriate accounting
- Maintaining Tracker, Updating GL, performing Monthly and Quarterly Reconciliations for various Investment activity
- Working on Monthly / Quarterly Management Review files / reports
Other broader responsibilities include:
- Identify and take lead to automate accounting and financial reporting requirements.
- Contribute to various special projects including capital transactions, acquisitions, and process improvements to improve overall group efficiencies.
- Monitor our internal control environment.
- Support internal reporting requirements and other ad-hoc requests of various internal users including other finance and accounting teams, investor relations and the front office.
Reporting Relationships
Global Controller
- If you like wild growth and working with happy, enthusiastic over-achievers, you'll enjoy your career with us__
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