Analyst, Accounts Receivable

Ares Management; Mumbai; On-site; INR 900,000 - 1,300,000; Full time

Job summary

Ares Management is seeking a dynamic Analyst for its Finance and Accounting team in Mumbai. The role focuses on end-to-end billing, AR, and O2C processes to support fund and portfolio company activities.

The candidate will handle journal entries, credit/debit memos, and reconciliations, while collaborating with stakeholders to improve efficiency and accuracy in billing and collections.

Qualifications

• Bachelor’s degree required.
• 3+ years of Accounts Receivables experience in Financial Services.
• US GAAP knowledge or exposure is preferred.

Responsibilities

• Manage end-to-end billing for pass-through expenses charged to Ares funds.
• Administer billing for portfolio company charges and ensure timely invoicing.
• Perform cash application and reconciliation to allocate collections to invoices.
• Prepare and post journal entries for irrecoverable amounts per policy.
• Process credit/debit memos and adjustments as needed.
• Collaborate with Fund Accounting and stakeholders on invoice reviews and allocations.
• Analyze AR aging and provide insights on balances and trends.
• Monitor aged receivables and escalate collection risks to management.
• Reconcile receivable-related accounts and resolve discrepancies.
• Own the Order-to-Cash cycle for assigned business segments.
• Support process improvements and ad hoc projects.

Skills

Accounts Receivable

O2C cycle

Billing

Cash application

Reconciliations

Education

Bachelor’s degree

Tools

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

Ares Management is seeking a dynamic and results-oriented individual for a full-time Analyst role in its Finance and Accounting department located in our new Mumbai office.

Ares Management Corporation is seeking a highly motivated individual to join our Corporate Accounting department.

Responsibilities

• Manage and execute the end-to-end billing process for pass-through expenses charged to Ares funds.
• Administer billing activities for Ares portfolio companies, ensuring accuracy and timely invoicing.
• Perform cash application and reconciliation activities to ensure accurate allocation of collections against outstanding invoices.
• Prepare and post journal entries for irrecoverable amounts in accordance with company policies and accounting standards.
• Prepare and process credit memos, debit memos, and other billing adjustments as required.
• Partner with Fund Accounting and business stakeholders to support invoice reviews, allocation validations, and resolution of billing-related inquiries.
• Prepare and analyze accounts receivable aging reports, providing actionable insights to management on outstanding balances and collection trends.
• Proactively monitor aged receivables and escalation collection risks to management in a timely manner.
• Perform reconciliations of receivable-related accounts, investigate discrepancies, and drive resolution of reconciliation breaks.
• Take full ownership of the Order-to-Cash (O2C) cycle for assigned business segments, ensuring timely billing, collections, cash application, reconciliation, and resolution of customer queries.
• Contribute to process improvement initiatives, special projects, and ad hoc assignments as directed by management.

Qualifications

• In addition to having a Bachelor’s degree, the ideal candidate will have a background in Financial Services with 3+ years of Accounts Receivables Experience
• Financial Markets accounting experience and proficiency in U.S. GAAP desired
• Experience with Oracle Fusion a plus

Reporting Relationships

Senior Manager, Corporate Accounting

There is no set deadline to apply for this job opportunity. Applications will be accepted on an ongoing basis until the search is no longer active.