Senior Associate, Fund Accounting

Responsibilities

• Manage cash needs across private equity, real estate, credit, or infrastructure vehicles
• Prepare investor capital call and distribution calculations and quarterly management company deliverables
• Track and reconcile daily cash flows for various investment partnerships
• Facilitate wire payments to vendors, underlying investments, and third parties
• Monitor and report on fund investments across various limited partnership interests
• Perform detailed analysis of financial statements from underlying fund managers
• Maintain fund general ledger and trial balances
• Prepare calculation of performance fees and waterfalls
• Prepare quarterly and annual GAAP financial statements and footnote disclosures
• Coordinate with external auditors to ensure audit deadlines are met

Requirements

• Bachelor’s degree in accounting or finance
• 3-6 years of experience in private equity fund investment accounting or public accounting
• Proficiency in Microsoft Excel and Word
• Strong financial analysis, writing, and presentation skills
• Ability to work both independently and as a productive member of a team
• Strong work ethic with high attention to detail and organizational skills

Preferred Qualifications

• CPA or other equivalent professional certification

Benefits

• Comprehensive Medical/Rx, Dental, and Vision plans
• 401(k) program with company match
• Flexible Savings Accounts (FSA) and Healthcare Savings Accounts (HSA)
• Life, Long-Term Disability, and Short-Term Disability insurance
• Mental health, mindfulness, and wellbeing app access
• Financial wellness benefits and education sponsorship programs
• New parent leave and reproductive/adoption assistance

About the Company

Ares Management Corporation is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, real estate, private equity, and infrastructure asset classes. With approximately $623 billion of assets under management, Ares operates a global platform with more than 4,200 employees across North America, South America, Europe, Asia Pacific, and the Middle East.