Associate, Fund Accounting (Infra Equity)

Responsibilities

• Prepare and review monthly and quarterly NAV packages, including validation of management fees, performance fees, waterfall calculations, and partner allocations.
• Perform detailed reviews of investor allocations, capital account statements, IRR, and MOIC calculations.
• Review quarterly and annual GAAP financial statements and footnote disclosures.
• Prepare and review cash flow projections, including capital activity and investment funding requirements.
• Monitor daily cash positions, review fund expense allocations, and authorize fund-level payments and bank wires.
• Review investment activity, including purchases, sales, and settlements.
• Assist in year-end audits and prepare regulatory filings such as Form PF, Form ADV, SLT, and AIFMD.
• Ensure compliance with fund governing documents including LPAs, side letters, and IMAs.
• Liaise with fund administrators, auditors, tax teams, and internal U.S. stakeholders.
• Identify opportunities for automation and process enhancement within fund accounting workflows.

Requirements

• Bachelor’s degree in Commerce, Business, Finance, or Accounting.
• Professional certification such as CA, CPA, ACCA, or US CMA.
• 3+ years of experience in Fund Administration or Asset Management fund accounting.
• Strong knowledge of GAAP and financial reporting standards.
• Proven experience working with close-ended, commitment-based funds.
• Advanced Excel skills and strong analytical problem-solving abilities.

Preferred Qualifications

• Experience with Advent Geneva or Investran.

About the Company

Ares Management Corporation is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across credit, real estate, private equity, and infrastructure asset classes. With approximately $644 billion in assets under management, Ares operates a global platform with over 4,400 employees across North America, South America, Europe, Asia Pacific, and the Middle East.