Vice President, Co-Invest Program

Position: Vice President, Employee Co-Invest Program
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

The Corporate Finance team is seeking a Vice-President to participate in the continued development and management of the Ares Employee Co-Investment program (the “Employee Co-Investment Program”). The Employee Co-Investment Program facilitates the investment by Ares employees in Ares managed funds across strategies. The individual will have day-to-day operational oversight and ownership for numerous funds including, but not limited to, investor onboarding and relationship management, operations, reporting and servicing and fund accounting responsibilities.

The role requires an individual who is a strategic thinker and able to collaborate with various cross-functional teams to understand the challenges and needs of stakeholders. This role will also be responsible for managing and continuously improving the data, reporting/insights, technology, and processes needed to deliver a seamless investor experience to our internal investors. Ideally, the candidate will have experience with investment accounting and/or investor portal implementations.

The candidate must be resourceful, innovative, forward thinking and committed. This is an entrepreneurial opportunity that will afford the candidate significant responsibility and the opportunity to help grow a successful team within a diversified platform. The candidate must be focused on continuous improvement in accuracy and timeliness of ongoing management financial and operational reporting.

Supervises:
Both US and Mumbai based team of 3 - 5 individuals

Primary functions and essential responsibilities

• Coordination of new co invest fund launches, including understanding fund structure and jurisdictions, coordination with various internal/external parties, review of draft legal documentation for reporting requirements, negotiating lines of credit, and managing resourcing
• Serve as the subject matter expert for Fund Accounting, Reporting and Operating functions
• Must be a player-coach and effectively manage relationships with internal resources (both US and Mumbai based) and external providers i.e.: fund administrator(s), auditors
• Lead the innovation efforts for the structuring and implementation of a streamlined and centralized Investor Operations 360 platform
• Responsible for the review and approval of capital activities, including complex capital calls and distribution allocations and notices to Investors.
• Participate in the oversight of Investor Relations efforts, including direct liaison with Investors, Wealth Manager/Financial Advisors
• Coordinate and oversee project plans, milestones, and updates to executive management
• Coordinate with third party banking/lender relationships and internal and external auditors to meet all monthly, quarterly, and annual reporting deadlines
• Manage debt facilities and review compliance reporting, as applicable
• Develop and oversee quarterly reporting deliverables and process in partnership with fund administrator(s)
• Review and approve quarterly NAV reconciliations with fund administrator(s)
• Review and approve quarterly and annual GAAP financial statements and footnote disclosures
• Lead annual audit process
• Responsible for ad-hoc limited partner,…