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.

Ares Management is seeking a Senior Associate for our US Public Credit accounting team. The Senior Associate will be responsible for the day-to-day accounting and oversight of the several publicly traded business development companies (“BDCs”).

• Assist in preparation of US GAAP financial statements for monthly reporting and quarterly and annual SEC filings (10K, 10Q, 8K, N-2, etc.)
• Prepare quarterly GAAP consolidated financial statements for an SEC-registered investment advisor, a controlled portfolio company of the BDC.
• Preparation of quarterly footnote and MD&A disclosures and other analyses, as needed
• Oversee and review monthly NAV packages from the fund administrator.
• Prepare and review monthly account reconciliations and fluctuation analyses
• Preparation of quarterly board reporting
• Assist in managing relationships and liaising with internal resources, fund administers and auditors to meet all daily, monthly, quarterly and annual deadlines.
• Assist with monthly/quarterly close process and preparation of various financial statement account balance reconciliations and work papers.
• High level of interaction across the organization, including communications with portfolio managers, investor relations, operations, tax and financial reporting.
• Review reporting to investors and internal constituents (portfolio managers, investor relations)
• Work closely with operations and other groups in managing daily cash and position breaks.
• Manage daily cash activities, including processing of payments, depositing of checks and posting to the general ledger.
• Prepare/review monthly portfolio position and cash reconciliations.
• Prepare quarterly waterfall calculations and review monthly distribution reports from the trustee.
• Participate and contribute to regular review of processes and deliverables to improve effectiveness, efficiency and accuracy.
• Various ad-hoc/special projects.

• Education:
  
  Bachelor’s Degree in Accounting, Finance, or related field
• Certification: CPA or relevant certification is a plus
• Experience
  
  Required:
  
  4-6 years of relevant professional experience (preferred)
• Public Accounting experience, Big 4 (preferred)
• Industry experience, specifically with credit related investments
• Experience with Advent Geneva, Microsoft Dynamics 365 Business Central AND Onestream software a plus

• Ability to work independently in a fast‑paced, high growth environment.
• Highly motivated team player with a strong work ethic
• Strong knowledge of accounting principles, financial instruments, and regulatory requirements
• Strong understanding of U.S. GAAP.
• Strong problem‑solving and analytical skills.
• Strong verbal and written skills; ability to analyze and summarize complex information both verbally and in writing
• Ability to multi‑task and manage various deadlines
• Advent Geneva experience a plus
• Strong Excel skills (e.g. complex formulas, macros)
• Power BI, Alteryx, Tableau or other business intelligence tools a plus

The anticipated base salary range for this position is listed below. Total compensation may also include a discretionary performance‑based bonus. Note, the range takes into account a broad spectrum of qualifications, including, but not limited to, years of relevant work experience, education, and other relevant qualifications specific to the role.

• Comprehensive Medical/Rx, Dental and Vision plans
• 401(k) program with company match
• Flexible Savings Accounts (FSA)
• Healthcare Savings Accounts (HSA) with company contribution
• Basic and Voluntary Life Insurance
• Long-Term Disability (LTD) and Short-Term Disability…