Vice President, Fund Accounting

Position Summary We are seeking an experienced Vice President to join our Finance and Accounting team within the Real Estate group in Los Angeles. The Vice President will lead day‑to‑day fund accounting, financial reporting, performance, and operations for a global Real Estate Fund Accounting team of 25+ members, and partner across the enterprise with portfolio management, investor relations, senior investment professionals, senior Finance leadership, tax preparers and external Fund Administrator. Key Responsibilities Instruct and oversee fund service providers (administrators, depositaries) to ensure performance aligns with agreed service levels. Liaise with internal stakeholders and external service providers to ensure the quality and timely flow of financial data. Oversee calculation of property performance, AUM, NAV, management fees, promote allocations (fund‑level waterfalls), and cost recharges. Manage 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 process. Allocate and review costs and expense recharges. Manage audit and tax reporting processes. Participate in new fund launches. Help maintain manager fund track record. Maintain fund dashboard. Review capital call and distribution notices and cash allocation schedules. Participate on DDQ and presentations for fundraising. Contribute to the valuation process, calculation of gross‑to‑net adjustments and preparation of valuation committee materials (including JV‑level waterfalls). Maintain a general understanding of real‑estate valuations. Lead F&A oriented data for investment decision processes by maintaining fund models, proving scenario/sensitivity analysis, key property and financial metrics, and KPIs. Manage budgeting and forecasting, including calculation of management fees and promotions. Lead risk management processes with qualitative and quantitative fund data. Instruct and oversee cash management, including oversight of fund reserves and cash requirements. Manage fund‑level debt facilities (drawdowns, repayments, covenants, extensions). Calculate, monitor, evaluate, and analyze investment, sector, portfolio level and composite returns (TWR, IRR, multiples, etc.). Aggregate and manage portfolio and investment return data on levered, unlevered, gross, net, actual and projected bases. Calculate and interpret attribution results, performance‑based risk, and appraisal metrics. Ensure proper consideration is given to required FX conversion for funds and investments with local/functional currencies other than USD. Lead planning and execution of strategic projects such as onboarding assets from acquisitions, performance system development, and integration of non‑supported business units. Innovate solutions to increase efficiency and enhance reporting and analytical capabilities. Drive consistency and standardization across Real Estate business strategies. Contribute expertise to team and organizational efforts in systems and internal processes. Work directly with the equity deal team for collection and aggregation of deal‑level models and returns. Qualifications Bachelor’s Degree required. Licensed CPA (active or inactive) preferred. Minimum of 7‑10 years of experience in Fund Accounting or related field with understanding of Real Estate fund structures. Public and private experience a plus. Strong understanding of accounting principles and public company financial statements (income statements & balance sheets). Exposure to complex tax‑structured funds or diversified RE investment structures an advantage. Technically proficient with MS Office; advanced Excel skills strongly preferred. Knowledge of Power BI or other data analytical/visualization tools preferred. Ability to work independently in a fast‑paced, high‑growth environment. Dependable, strong work ethic, team player, and excellent verbal and written communication. Excellent Excel skills (models, templates, macros, pivot tables). Strong problem‑solving, analytical skills, and ability to multi‑task and prioritize deadlines. Strong ownership and accountability, organizational skills, and experience leading large‑scale projects. Excellent client service skills and ability to interact with key stakeholders. Ability to be flexible with hours to coordinate across time zones. Compensation & Benefits Base salary range: $180,000 – $220,000. Total compensation may also include a discretionary performance‑based bonus. Comprehensive medical, Rx, dental and vision plans. 401(k) program with company match. Flexible Savings Accounts (FSA). Health 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). Commuter benefits for parking and transit. Access to medical advisory team, mental health app, mindfulness app, financial wellness benefit. New parent leave, reproductive and adoption assistance, emergency backup care. Matching gift program, education sponsorship program, and additional benefits as described. Ares Management LLC (together with its related operating and administrative subsidiaries, “Ares Management”) is an Equal Employment Opportunity employer and considers all applicants for employment without regard to race, color, religion, ethnicity, creed, sex, age, national origin, alienage or citizenship status, disability, medical condition, pregnancy, marital status, partnership status, sexual orientation, status regarding public assistance, military or veteran status, domestic violence victim status, gender identity and expression, transgender status, genetic information, status as unemployed, political affiliation or any other characteristic protected by federal, state or local law. Ares Management will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of the Fair Chance Initiative for Hiring Ordinance. #J-18808-Ljbffr Ares Management Corporation