Associate Vice President,Fund Accounting – Venture Capital Job San Francisco area,California USA,Accounting

Ares Management Associate Vice President

Ares Management is seeking an Associate Vice President ("AVP") for our Venture Capital fund accounting team. The AVP will be responsible for the day-to-day accounting and oversight of several private funds.

Primary Functions and Essential Responsibilities

Assist with preparation of US GAAP financial statements for quarterly and annual reporting deadlines for the various funds.

Oversee and review quarterly NAV packages from the fund administrator.

Assist with 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 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 venture capital preferred

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)
PowerBI, Alteryx, Anaplan or other business intelligence tools a plus

Compensation

$160,000 - $180,000

The firm also offers robust Benefits offerings. Ares U.S. Core Benefits include 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 (STD) insurance;
Employee Assistance Program (EAP), and Commuter Benefits plan for parking and transit.

Ares offers a number of additional benefits including access to a world-class medical advisory team, a mental health app that includes coaching, therapy and psychiatry, a mindfulness and wellbeing app, financial wellness benefit that includes access to a financial advisor, new parent leave, reproductive and adoption assistance, emergency backup care, matching gift program, education sponsorship program, and much more.

Associate Vice President, Fund Accounting – Venture Capital