Senior Associate, Fund Accounting

Over the last 20 years, Ares’ success has been driven by our people and our culture. Today, our team is guided by our core values – Collaborative, Responsible, Entrepreneurial, Self-Aware, Trustworthy – and our purpose to be a catalyst for shared prosperity and a better future. Through our recruitment, career development and employee-focused programming, we are committed to fostering a welcoming and inclusive work environment where high-performance talent of diverse backgrounds, experiences, and perspectives can build careers within this exciting and growing industry. Job Description Primary Functions And Essential Responsibilities Assist in preparation of US GAAP financial statements for monthly reporting and quarterly and annual SEC filings (10K, 10Q, 8K, N-2, etc.) Prepare quarterly GAAP consolidated financial statements for an SEC-registered investment advisor, a controlled portfolio company of the BDC. Preparation of quarterly footnote and MD&A disclosures and other analyses, as needed Oversee and review monthly NAV packages from the fund administrator. Prepare and review monthly account reconciliations and fluctuation analyses Preparation of quarterly board reporting Assist in managing relationships and liaising with internal resources, fund administers and auditors to meet all daily, monthly, quarterly and annual deadlines. Assist with monthly/quarterly close process and preparation of various financial statement account balance reconciliations and workpapers. High level of interaction across the organization, including communications with portfolio managers, investor relations, operations, tax and financial reporting. Review reporting to investors and internal constituents (portfolio managers, investor relations) Work closely with operations and other groups in managing daily cash and position breaks Manage daily cash activities, including processing of payments, depositing of checks and posting to the general ledger. Prepare/review monthly portfolio position and cash reconciliations. Prepare quarterly waterfall calculations and review monthly distribution reports from the trustee. Participate and contribute to regular review of processes and deliverables to improve effectiveness, efficiency and accuracy. Various ad-hoc/special projects. Qualifications Education: Bachelor’s Degree in Accounting, Finance, or related field Certification CPA or relevant certification is a plus Experience Required 4-6 years of relevant professional experience (preferred) Public Accounting experience, Big 4 (preferred) Industry experience, specifically with credit related investments Experience with Advent Geneva, Microsoft Dynamics 365 Business Central AND Onestream software a plus General Requirements Ability to work independently in a fast-paced, high growth environment. Highly motivated team player with a strong work ethic Strong knowledge of accounting principles, financial instruments, and regulatory requirements Strong understanding of U.S. GAAP. Strong problem-solving and analytical skills. Strong verbal and written skills; ability to analyze and summarize complex information both verbally and in writing Ability to multi-task and manage various deadlines Advent Geneva experience a plus Strong Excel skills (e.g. complex formulas, macros) Power BI, Alteryx, Tableau or other business intelligence tools a plus Reporting Relationships Associate Vice President, Fund Accounting 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. 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. #J-18808-Ljbffr Ares Management