Associate, Fund Accounting

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

PRIMARY FUNCTIONS AND ESSENTIAL RESPONSIBILITIES
- Assist with Review of US GAAP and IFRS financial statements for quarterly and annual SEC filings.
- Oversee and review daily and monthly NAV packages from the fund administrator.
- Assist with monthly/quarterly close process and preparation of various financial statement account balance reconciliations and work papers.
- Provide compliance reporting (Form PF, ADV, AIFMD etc.)
- High level of interaction across the organization, including communications with portfolio managers, investor relations, operations, tax and financial reporting.
- Manage cash liquidity for day-to-day business.
- Prepare/review monthly cash reconciliations for all legal entities.
- Assist in basic treasury functions, including opening/closing of bank accounts.
- Collaborate with team members to manage monthly and quarterly expense allocation and recovery functions between investment funds.
- Work with the tax team to administer timely and thorough payment of tax estimates and liabilities for all legal entities that require special handling.
- Participate and contribute to regular review of processes and deliverables to improve effectiveness, efficiency and accuracy.
- Various ad-hoc/special projects.
- Perform management company reporting activities on a quarterly basis, such as AUM submission, mgmt fees/incentive fees reporting, LP/GP/Co invest Nav, IRR etc
- Review regulatory compliance filings (e.g. Form ADV, AIFMD filing, BE-11S Reporting, Form PF, SLT)

QUALIFICATIONS

**Education**:

- Bachelor’s Degree and CA Qualified

Certification:

- CPA equivalent a plus

Experience Required:

- Minimum 1-2 years of experience for analyst role and 3-5 years of experience for associate role, in accounting/cash management preferred.
- Industry experience preferred.
- Experience with Microsoft tools (Office 365, Power BI) or Advent Geneva investment accounting software a plus.

General Requirements:

- Basic understanding of Credit products like Bank Loans / Term Loans, Revolvers and DDTLs.
- 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 and Journal Entries.
- Excellent verbal and written skills
- Strong problem-solving and analytical skills.
- Ability to prioritize/manage deadlines.
- Intermediate or advanced Excel user.

Reporting Relationships

Fund Controller