Senior Associate, Co-Investment

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 Senior Associate to participate in a strategic initiative to develop, implement, and manage an operating plan for the Ares Employee Co-Investment Program (the “Employee Co-Invest Program”).  The Employee Co-Invest Program facilitates the investment by Ares employees in Ares managed funds.
The individual will have day-to-day operational 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 build and 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.

Primary functions and essential responsibilities

Assist in the coordination of new co-invest funds launch, including understanding fund structure and jurisdictions, coordination with various internal/external parties, review of draft legal documentation for reporting requirements, assisting in the setup of lines of credit, and overall investors and fund onboarding processes

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)
Contribute effectively to the innovation efforts for the structuring and implementation of a streamlined and centralized investor operations solutions

Assist in coordinating and overseeing 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)
Prepare and review capital activity events, including cash analysis, capital call and distribution allocations, and investor notices

Participate in the review quarterly NAV reconciliations with fund administrator(s)
Participate in the review quarterly and annual GAAP financial statements and footnote disclosures

Responsible for ad-hoc limited partner, analyst, and investment team requests

Train, mentor, and integrate the LA & Mumbai teams

Qualifications

Education:

BS/BA with major in Accounting, Economics or Finance, with outstanding academic recordCPA, preferred

Experience

Required:

6+…