Senior Associate, Fund Accounting

Job Description

The Ares Secondaries team specializes in secondary market transactions of private equity, real estate, credit and infrastructure investments with AUM of approximately $38 billion as of September 30, 2025. The team is currently looking to hire a Senior Associate to join our dynamic Finance team of approximately 60 professionals located in our West Hartford, CT, Boston, MA, New York, NY and Mumbai locations.

Responsibilities

• 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.
• Cook up with external auditors to ensure audit deadlines are met.

Qualifications

• Education: Bachelor’s degree in accounting or finance.
• Experience Required: 3-6 years’ experience in private equity fund investment accounting or public accounting.
• General Requirements: 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.

Benefits

• 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.