Associate, Fund Accounting (Public Credit)

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

PRIMARY FUNCTIONS AND ESSENTIAL RESPONSIBILITIES

• Assist with preparation of US GAAP financial statements for monthly reporting and quarterly and annual SEC filings.
• Assist in managing relationships and liaising with internal resources, offshore resources, fund administrators and auditors to meet daily, monthly, quarterly, and annual reporting deadlines.
• Oversee and review daily and monthly NAV packages from the fund administrator.
• Assist with monthly/quarterly close process and preparation of various financial statement account balance reconciliations and workpapers.
• Review of NQ, NCSRS and NCSR reporting for the funds.
• Review of monthly NPORT reporting
• Provide compliance reporting (Form PF, ADV, etc.)
• High level of interaction across the organization, including communications with portfolio managers, investor relations, operations, tax, and financial reporting.
• Collaborate with team members to manage monthly and quarterly expense allocation and recovery functions between investment funds.
• Manage daily cash activities for a publicly traded BDC, including processing of payments, depositing of checks, and posting to the general ledger.
• Prepare/review monthly cash/par reconciliations for all legal entities.
• Assist in basic treasury functions.
• Participate and contribute to regular review of processes and deliverables to improve effectiveness, efficiency, and accuracy.
• Various ad-hoc/special projects. 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 a publicly traded business development company (“BDC”) and accurately reporting the daily net asset value per share for several publicly traded regulated investment companies of the 1940.

QUALIFICATIONS

Education

• Bachelor’s Degree and CA Qualified Certification:

• CPA equivalent a plus Experience Required:

• Minimum 7-9 years of post-qualifications experience in accounting/cash management preferred.

• Industry experience preferred.

• Experience with Advent Geneva investment accounting software or Microsoft Dynamics 365 Business Central a plus. General Requirements:

• Ability to work independently in a fast-paced, high growth environment.

• Highly motivated team player with a strong work ethic.

• Basic understanding of US GAAP.

• Excellent verbal and written skills

• Strong problem-solving and analytical skills.

• Ability to prioritize/manage deadlines.

• Intermediate or advanced Excel user.

• Reporting Relationships

• There is no set deadline to apply for this job opportunity. Applications will be accepted on an ongoing basis until the search is no longer active.