Senior Associate, Fund Accounting

About the team

Ares Secondaries specializes in secondary-market transactions of private equity, real estate, credit, and infrastructure investments, with approximately $38 billion in assets under management as of September 30, 2025. The Finance team consists of about 60 professionals across West Hartford, CT; Boston, MA; New York, NY; and Mumbai.

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, underlying investments, and third parties.
• Monitor and report on fund investments across limited-partnership interests.
• Perform 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, footnote disclosures, and capital-account summaries for limited partners.
• Coordinate with external auditors to ensure audit deadlines are met.

Requirements

• Bachelor’s degree in accounting or finance.
• 3–6 years’ experience in private-equity fund investment accounting or public accounting.
• Strong record of academic achievement and self-motivation.
• Ability to work both independently and as a productive team member.
• Strong financial analysis, writing, and presentation skills.
• Proficient in Microsoft Excel and Word.
• Strong work ethic, detail orientation, and organizational skills.
• CPA or equivalent certification preferred.

Pay

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

Benefits

• Comprehensive medical, prescription, 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 and short-term disability insurance.
• Employee Assistance Program (EAP) and commuter benefits for parking and transit.
• Access to a world-class medical advisory team.
• Mental-health app with coaching, therapy, and psychiatry.
• Mindfulness and well-being 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.