Senior Associate, Fund Accounting

Senior 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

Responsibilities include:

• Manage cash needs across Ares Secondaries’ 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 Ares Secondaries investment partnerships.
• Facilitate wire payments to vendors, to/from underlying investments and third parties.
• Monitor and report on fund investments across various limited partnership interests.
• Perform a detailed analysis of financial statements from underlying fund managers.
• Maintain fund general ledger and trial balances.
• Prepare and assist with ad-hoc limited partner reporting, analysis and other requests.
• Prepare calculation of performance fees and waterfalls. 
• Prepare quarterly and annual GAAP financial statements and footnote disclosures for multiple funds as well as capital account summaries for limited partners.
• Coordinate with external auditors to ensure audit deadlines are met.

Qualifications

Education: CA or CPA

Experience Required: 6-9 years’ experience in private equity fund investment accounting or public accounting.

General Requirements:

• Strong record of academic achievement and will be self-motivated.
• Ability to work both independently and as a productive member of a team.
• Strong financial analysis, writing and presentation skills.
• Proficient in Microsoft Excel and Word.
• Strong work ethic, detail oriented and strong organization skills.

Reporting Relationships

There is no set deadline to apply for this job opportunity. Applications will be accepted on an ongoing basis until the search is no longer active.

Experience Level

Senior Level