AVP, Assistant Fund Controller (Real Assets Digital Infrastructure)

Ares Management is guided by core values—Collaborative, Responsible, Entrepreneurial, Self-Aware, Trustworthy—and a purpose to be a catalyst for shared prosperity and a better future. Through recruitment, career development, and employee-focused programming, Ares is committed to fostering a welcoming and inclusive work environment where high-performance talent of diverse backgrounds, experiences, and perspectives can build careers.

About the role

The Assistant Fund Controller will provide day-to-day oversight of multiple global funds and manage an external fund administrative team. Fund structures may include commingled equity close-ended funds, joint ventures, and separate accounts across tax-sensitive regions (US, Singapore, Luxembourg). This role focuses on financial reporting and requires a detail-oriented, analytically strong professional to join the Real Assets Digital Infrastructure Finance & Accounting team.

The candidate will work closely with the US F&A team, partnering across the enterprise with portfolio management, investor relations, senior investment professionals, senior Finance leadership, tax preparers, and external Fund Administrators. They will manage day-to-day Fund Accounting for financial, quarterly, and tax reporting, and must understand complex fund structures, waterfalls, track record, attribution, and gross-to-net return differences.

This role demands a dynamic, adaptive, and agile hands-on professional capable of ensuring optimal performance and processes in a fast-paced, rapidly growing environment.

Responsibilities

• Support Fund Accounting for Ares’ Real Asset Digital Infrastructure business.
• Liaise with global internal resources (APAC, Americas, Europe), external Fund/SPV administrators, and external auditors to meet quarterly and annual reporting requirements/deadlines.
• Perform quarterly close processes, including reviewing work of external administrators, producing workpapers, and analysis.
• Review quarterly and annual GAAP or IFRS financial statements, footnote disclosures, capital account summaries for limited partners, investor reports, presentations, questionnaires, and Management Co. reports feeding into Ares public filings.
• Produce cash flow projections and analyze daily cash management, including credit line activity, settlement timing of purchases and sales, and timing of capital calls and distributions.
• Monitor compliance with Fund’s Limited Partnership Agreements and credit facilities, including preparation or review of compliance reporting across global regions (US, Singapore, Luxembourg).
• Instruct and oversee global fund service providers (administrators, depositaries) to ensure performance aligns with agreed service levels.
• Oversee acquisition and disposition onboarding/offboarding processes across business units and third parties.
• Liaise with internal stakeholders and external service providers to ensure quality and timely flow of financial data.
• Oversee calculation of property performance, AUM, NAV, management fees, promote allocations (fund-level waterfalls), and cost recharges.
• Support preparation of financial statements, investor reports, partner capital statements, presentations, questionnaires, and head office management reports.
• Provide deal support, including financial analysis and execution of deal cashflows.
• Monitor cash and manage cash distribution processes.
• Assist in managing and reporting multicurrency Fund-level leverage and cash balances.
• Allocate and review costs and expense recharges.
• Manage Fund and jurisdictional audit and tax reporting processes.
• Participate in new Fund launches.
• Maintain financial data inputs for Fund track record and Fund dashboard.
• Review capital call and distribution notices and cash allocation schedules.
• Support DDQ and presentations for fundraising.
• Work with the team to implement technology that automates processes for better efficiency, accuracy, and consistency.
• Contribute to the valuation process and calculation of gross-to-net adjustments, with a general understanding of real estate valuations.
• Support the investment decision process by maintaining fund models, scenario/sensitivity analysis, key property and financial metrics, and KPIs.
• Support budgeting and forecasting processes, including calculation of management fees and promote.
• Support risk management processes with qualitative and quantitative fund data.
• Manage cash, including oversight of fund reserves and cash requirements.
• Manage fund-level debt facilities (drawdowns, repayments, covenants, extensions).
• Build strong working relationships across the Real Estate operation (deal team, service providers) and the wider Ares business.
• Oversee certain functions based on skill and experience, contributing to automation (data and processes) to capture and analyze property and financial data.

Requirements

• Bachelor’s Degree required.
• Licensed CPA (active or inactive) preferred.
• At least 6-9 years of relevant professional experience, including public accounting (Big 4 preferred) and/or fund accounting experience.
• Real estate G/L system knowledge a plus.
• Advanced Excel experience strongly preferred.

Pay

The anticipated base salary range for this position is provided below. Total compensation may also include a discretionary performance-based bonus.

Benefits

• Comprehensive Medical/Rx, Dental, and Vision plans.
• 401(k) program with company match.
• Flexible Savings Accounts (FSA) and 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.
• Access to a world-class medical advisory team.
• Mental health app including coaching, therapy, and psychiatry.
• Mindfulness and wellbeing app.
• Financial wellness benefit, including access to a financial advisor.
• New parent leave, reproductive and adoption assistance, and emergency backup care.
• Matching gift program and education sponsorship program.