Analyst, Accounts Payable

Ares Management; Mumbai; On-site; INR 700,000 - 1,100,000; Full time

Job summary

Ares Management is seeking an AP specialist in Mumbai to execute daily AP activities and cash reconciliations. You will work with multiple teams to resolve discrepancies and ensure timely vendor payments and close processes.

The role requires 2–4 years in AP, proficiency with ERP tools like Coupa or Oracle Fusion, and strong MS Office/Power BI skills. Financial services exposure is a plus and a collaborative culture is emphasized.

Qualifications

• 2–4 years accounts payable experience in a global organization.
• Experience with cash reconciliations or payments preferred.
• Familiarity with Coupa, Oracle Fusion or similar ERP.
• Proficient in Microsoft Office; strong Power BI skills.
• Experience in financial services is a plus.

Responsibilities

• Execute daily AP activities within SLAs and policies.
• Perform cash reconciliation for AP transactions with bank data.
• Identify unmatched items and ensure timely resolution.
• Verify vendor payments, invoices, and settlement status.
• Post adjustments to clear recon differences and support close.
• Coordinate with AP, AR, Treasury, and GL for discrepancies.
• Maintain cash reconciliation files and documentation.
• Support month-end close for cash and AP reconciliations.
• Provide reports on recon differences and trends.
• Collaborate with teams to ensure flawless cash reconciliations.
• Support quarter-end close activities and accruals.

Skills

Accounts Payable

Cash Reconciliation

Power BI

MS Office

Attention to Detail

Education

Bachelor's degree in Business or Accounting

Tools

Coupa

Oracle Fusion

Job description

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

• Execute all operational activities accurately within defined SLAs and in accordance with departmental policies and procedures.
• Perform daily cash reconciliation for AP transactions, comparing bank statements vs accounting system data
• Identify and investigate unmatched transactions / breaks and ensure timely resolution
• Verify vendor payments, invoices, and settlement status to validate recon items
• Post necessary adjustments/journal entries to clear recon differences
• Track and follow up on open/aged items and ensure closure within defined timelines
• Coordinate with AP, AR, Treasury, and GL teams for resolution of discrepancies
• Maintain and update cash reconciliation files and supporting documentation
• Ensure adherence to controls, SOPs, and audit requirements
• Support month-end close activities related to cash and AP reconciliations
• Provide periodic status reports on recon differences and trends
• Collaborate with teams (Accounts Payable, Corporate Accounting, Fund Accounting, & Business Users) ensuring operational activities are executed flawlessly such as cash reconciliations
• Execute duties related to the month and quarter end close processes such as reconciling AP Subledger, providing accrual support, and completing all Corporate Accounting Requests
• Provide support and analysis to other ad-hoc projects and initiatives as directed by department
• Ensure business process/policy documentation is maintained regularly

Qualifications

Education:

• University/College Degree required (Business or Accounting preferred)

Experience Required

• 2-4 years Accounts Payable experience in a global organization
• Preferred someone who has worked as in performing cash reconciliations or payments
• Experience using Coupa, Oracle Fusion or any other ERP
• Proficient in Microsoft Office Suite with strong Power Bi Skills
• Financial Service Industry experience preferred.

General Requirements

• Detailed oriented with the drive to be both accurate, efficient, and organized
• Resourceful and a strong problem solver capable of working autonomously
• Ability to thrive in fast-paced environments and have a balance of analytical, technical and communication skills (written and verbal)
• Adaptability when faced with changing processes or technology
• Strong desire to deliver excellent customer service with the ability to be proactive and anticipate the needs of the business and react accordingly.

Reporting Relationships

Vice President, Global Procurement & Payables