Senior Associate, Fund Accounting - Co-Investments

Primary Functions And Essential Responsibilities

• Aid in the coordination of new co-invest funds launch, including understanding fund structure and jurisdictions, coordination with various internal/external parties, review of draft legal documentation for reporting requirements, assisting in the setup of lines of credit, and overall investors and fund onboarding processes.
• Be a player-coach and effectively manage relationships with internal resources (both US and Mumbai based) and external providers, such as fund administrators.
• Contribute effectively to the innovation efforts for the structuring and implementation of a streamlined and centralized investor operations solutions.
• Coordinate with third party banking/lender relationships and internal and external auditors to meet all monthly, quarterly, and annual reporting deadlines.
• Manage debt facilities and review compliance reporting, as applicable.
• Develop and oversee quarterly reporting deliverables and process in partnership with fund administrator(s).
• Prepare and review capital activity events, including cash analysis, capital call and distribution allocations, and investor notices.
• Participate in the review quarterly NAV reconciliations with fund administrator(s).
• Participate in the review quarterly and annual GAAP financial statements and footnote disclosures.
• Responsible for ad-hoc limited partner, analyst, and investment team requests.

Qualifications

• Education: BS/BA with major in Accounting, Economics or Finance, with outstanding academic record.
• CPA, preferred.
• Experience Required: 6+ years of relevant work experience, Public accounting experience (Big 4 preferred).
• Ability to work in a fast-paced, high growth environment.
• Ability to assist in managing several third-party relationships.
• Strong understanding of U.S. GAAP.
• Strong verbal and written skills; ability to analyze and summarize complex information both verbally and in writing.
• Strong problem-solving and analytical skills.
• Excellent organizational and interpersonal skills.
• Investran, eFront, or other accounting software experience, a plus.
• Sungard Dx, Intralinks, or similar investor portal implementation experience, a plus.

General Requirements

• Proven experience of collaborating with teams in remote locations to ensure efficiency, effectiveness and high level of supervisory oversight.
• Strong proficiency in Excel, PowerPoint and Word (e.g.: complex formulas, macros).
• Experience with Power BI, Tableau or other business intelligence tools, a plus.
• Excellent time management skills and ability to collaborate with others.
• Superior communication skills and a demonstrated ability to create content to a diverse audience.
• Strong client service orientation.
• Outstanding leadership and project management capabilities.
• Outstanding organizational skills with attention to detail.
• Excellent work ethic, an entrepreneurial spirit and a desire to learn.
• Dependable, great attitude, highly motivated and a team player.
• Highest degree of integrity, motivation and intellectual curiosity.

Reporting Relationships

Compensation: The anticipated base salary range for this position is listed below. Total compensation may also include a discretionary performance-based bonus. Note, the range takes into account a broad spectrum of qualifications, including, but not limited to, years of relevant work experience, education, and other relevant qualifications specific to the role. $130,000 - $155,000

The firm also offers robust Benefits offerings. 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.