Senior Associate, Fund Accounting

Job Description

Ares Management is seeking a Senior Associate to join a dynamic and collaborative US Real Estate Equity Accounting Reporting team. The Senior Associate will be responsible for day-to-day reporting oversight of multiple funds. Fund structures may include US managed commingled equity funds spanning strategies of: Core, Value Add, Opportunity and Special Situations. We are seeking a detail-oriented and analytically strong Senior Associate to join our Real Estate Finance & Accounting team with a primary focus on investor reporting.

Primary Functions And Essential Responsibilities

• Prepare quarterly and annual investor reporting packages, including liaising with Fund Accounting members for financial statements, capital account summaries, partner allocations, and supporting schedules.
• Prepare portfolio level analytics and commentary for investor newsletters, pitch decks, and reporting templates.
• Support the investor communications or questions relating to capital call and distribution notices, ensuring accuracy of allocations and compliance with fund documents.
• Maintain and enhance internal reporting models to deliver timely, consistent, and investor ready outputs.

Cross Functional Collaboration & Process Improvement

• Partner with Fund Accounting, Portfolio Management, Performance, and Capital Markets teams to ensure reporting accuracy and alignment.
• Participate in system and process improvements to streamline investor reporting workflows.
• Aid in ad hoc investor analysis, data requests, and special projects.
• Aid in formulating responses and support to investor requests and due diligence items, including summarizing historical fund and investor level data.

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field.
• 4-8 years of relevant experience in real estate accounting, fund accounting, or investor reporting.
• Strong understanding of GAAP and partnership accounting concepts.
• Advanced Excel skills; experience with reporting systems or ERPs (e.g., Yardi, MRI, JD Edwards).
• Excellent communication and writing skills, with the ability to craft clear investor-facing commentary.

General Requirements

• A motivated, detail-oriented individual with strong analytical and communication skills is required.
• The ability to multi-task collaboratively in a highly dynamic environment and prioritize accordingly.
• Ability to meet challenging deadlines is critical.
• Requires the ability to self-manage, problem solve and take initiative.

Benefits

• 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.