AVP, Fund Accounting

Location: New York

## AVP, Fund Accounting Apply locations:
Los Angeles, CA - Century City:
New York, NYtime type:
Full time posted on:
Posted Todayjob requisition :
R7888###
* 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
** Ares Management is seeking an Associate Vice President (“AVP”) for our US Public Credit accounting team. The AVP will be responsible for the day-to-day accounting and oversight of several controlled portfolio companies of publicly traded business development companies (“BDCs”).# Primary functions and essential responsibilities
* Assist with preparation of US GAAP financial statements for monthly, quarterly, semi-annual, and annual reporting deadlines for the various funds.
* Prepare quarterly GAAP consolidated financial statements for an SEC-registered investment advisor.
* Oversee and review daily, monthly and quarterly NAV packages from the fund administrator.
* Assist with monthly/quarterly close process and preparation of various financial statement account balance reconciliations and work papers.
* Work closely with operations and other groups in managing daily cash and position breaks
* Manage daily cash activities for several funds, including processing of payments, approving and coding invoices and posting to the general ledger.
* Assist in managing relationships and liaising with internal resources, fund administers and auditors to meet all deadlines.
* High level of interaction across the organization, including communications with portfolio managers, investor relations, legal, compliance, operations, tax, FP&A and financial reporting.
* Provide the BDCs and management company with data for quarterly SEC filings.
* Prepare quarterly waterfall calculations and review monthly distribution reports from the trustee.
* Provide and review detailed reporting to investors and internal constituents (portfolio managers, investor relations)
* Provide compliance reporting (Form PF, ADV, etc.)
* Participate and contribute to regular review of processes and deliverables to improve effectiveness, efficiency, accuracy to ensure scalability as the firm continues to grow rapidly.
* Various ad-hoc/special projects.# Qualifications

Education:

* Bachelor’s Degree in Accounting, Finance, or related field

Certification:
* CPA (preferred)
Experience

Required:

* Minimum 6-9 years of experience in fund accounting preferred
* Public accounting experience, Big 4 (preferred)
* Industry experience, specifically with bank debt preferred
* Experience with Advent Geneva, Microsoft Dynamics 365 Business Central or Onestream software a plus General Requirements:
* Ability to work independently in a fast-paced, high growth environment
* Highly motivated team player with a strong work ethic
* Strong understanding of US GAAP
* Strong knowledge of accounting principles, financial instruments, and regulatory requirements
* 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
* Excellent organizational and interpersonal skills
* Intermediate or advanced Excel user (e.g. complex formulas, macros)
* Power

BI, Alteryx, Anaplan or other business intelligence tools a plus
** Reporting Relationships
**** Compensation
* * 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…