Senior Associate, Fund Accounting

Job Overview

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.

• Manage cash needs across Ares Secondaries’ private equity, real estate, credit or infrastructure vehicles.
• Prepare investor capital call and distribution calculations and quarterly management company deliverables.
• Track and reconcile daily cash flows for various Ares Secondaries investment partnerships.
• Facilitate wire payments to vendors, to/from underlying investments, and third parties.
• Monitor and report on fund investments across various limited partnership interests.
• Perform a detailed analysis of financial statements from underlying fund managers.
• Maintain fund general ledger and trial balances.
• Prepare and assist with ad‑hoc limited partner reporting, analysis and other requests.
• Prepare calculation of performance fees and waterfalls.
• Prepare quarterly and annual GAAP financial statements and footnote disclosures for multiple funds as well as capital account summaries for limited partners.
• Coordinate with external auditors to ensure audit deadlines are met.

• Education:
  
  Bachelor’s degree in accounting or finance.
• Experience:
  
  3‑6 years’ experience in private equity fund investment accounting or public accounting.
• Strong record of academic achievement and will be self‑motivated.
• Ability to work both independently and as a productive member of a team.
• Strong financial analysis, writing and presentation skills.
• Proficient in Microsoft Excel and Word.
• Strong work ethic, detail oriented and strong organization skills.
• CPA or other equivalent certification preferred.

Base salary range: $115,000 – $145,000. Total compensation may also include a discretionary performance‑based bonus.

• Comprehensive Medical/Rx, Dental and Vision plans
• 401(k) program with company match
• Flexible Savings Accounts (FSA) and Health 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
• Access to a world‑class medical advisory team, mental health app, mindfulness and wellbeing app, financial wellness benefit, new parent leave, reproductive and adoption assistance, emergency backup care
• Matching gift program and education sponsorship program
• And much more

Applications will be accepted on an ongoing basis until the search is no longer active.

Ares Management LLC (together with its related operating and administrative subsidiaries, “Ares Management”) is an Equal Employment Opportunity employer and considers all applicants for employment without regard to race, color, religion, ethnicity, creed, sex, age, national origin, alienage or citizenship status, disability, medical condition, pregnancy, marital status, partnership status, sexual orientation, status regarding public assistance, military or veteran status, domestic violence victim status, gender identity and expression, transgender status, genetic information, status as unemployed, political affiliation or any other characteristic protected by federal, state or local law.

Ares Management will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of the Fair Chance Initiative for Hiring Ordinance. (1) As of March 31, 2026. AUM amounts include funds managed by Ivy Hill Asset Management, LP., a wholly owned portfolio company of Ares Capital Corporation and registered investment adviser.