Associate/Analyst, SPV Oversight

Ares Management; Maharashtra; On-site; INR 800,000 - 1,600,000; Full time

Job summary

Ares Management LLC in Mumbai/India seeks an Analyst/Associate for Fund Accounting and financial review. You will perform quarterly and annual reviews, assess SPV/PropCo statements, and ensure accurate reconciliations while tracking deadlines and data quality.

You’ll work with teams in India, Luxembourg, and Europe and contribute to automation and analytics initiatives. The role requires 1–5 years of relevant experience, strong US GAAP familiarity, and proficient Excel and BI skills.

Qualifications

• Bachelor’s degree in Accounting, Finance, or Commerce or related field.
• CA qualification preferred or semi-qualified; professional qualifications advantageous.
• CPA/ACCA or equivalent is a plus.

Responsibilities

• Perform quarterly and annual financial reviews aligned with risk tiers and materiality.
• Review SPV and PropCo statements, schedules, disclosures and reconciliations.
• Review trial balances, reconciliations, and material movements.
• Identify errors, missing support and late deliverables; raise issues.
• Prepare workpapers with evidence and conclusions.
• Track deadlines and remediation actions through workflows.
• Escalate issues to Senior Associate or Team Lead.
• Coordinate with administrators for complete, review-ready data.
• Support KPI reporting, ageing and data-quality monitoring.
• Collaborate with India, Luxembourg and European Fund Controllership.
• Contribute to initiatives around automation, data analytics and AI-enabled review.

Skills

Financial statements

Analytical review

Reconciliations

US GAAP

Excel

Communication

Independent work

Deadline management

Data analytics

Education

Bachelor's degree in Accounting/Finance/Commerce

CA qualification (preferred)

CPA/ACCA or equivalent (advantage)

Tools

Microsoft 365

Power BI

Microsoft Dynamics 365 BC

Advent Geneva

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

Key Responsibilities

• Perform quarterly and annual financial reviews in line with defined risk tiers, materiality thresholds and review standards.
• Review underlying SPV and PropCo statutory financial statements, including supporting schedules, disclosures and reconciliation to underlying accounting records.
• Review trial balances, reconciliations, financial statements, supporting schedules and material movements.
• Identify errors, missing support, inconsistencies, late deliverables and recurring review points.
• Prepare clear workpapers, complete evidence and concise review conclusions.
• Track deadlines, exceptions, remediation actions and administrator responses through agreed workflows.
• Escalate material accounting, reporting, control or delivery issues to the Senior Associate or Team Lead.
• Follow up with administrators to obtain complete, accurate and review-ready information and monitor actions through to closure.
• Support KPI reporting, issue ageing, rework analysis and evidence-quality monitoring.
• Collaborate with colleagues in India, Luxembourg and European Fund Controllership.
• Contribute expertise to team and organisational initiatives relating to systems, internal processes, workflow automation, data analytics and AI-enabled review.

Experience And Qualifications

Education and Professional Qualifications

• Bachelor's degree in Accounting, Finance, Commerce or a related discipline.
• Qualified or semi-qualified CA preferred.
• CPA, ACCA or equivalent professional qualification is advantageous.

Experience

• Approximately 1-2 years of relevant experience for the Analyst level.
• Approximately 3-5 years of relevant experience for the Associate level.
• Experience in accounting, fund administration, financial reporting or audit.
• Exposure to real estate, SPV accounting, holding companies, fund structures or European entities is preferred.
• Exposure to process improvement, automation or project-based change initiatives is advantageous.
• Experience with Microsoft 365, Power BI, Microsoft Dynamics 365 Business Central or Advent Geneva is advantageous.

Technical and General Requirements

• Financial statement, analytical review and reconciliation experience.
• Basic understanding of US GAAP, journal entries and financial reporting.
• Ability to independently review and challenge financial information rather than rely solely on preparer-level checks.
• Intermediate or advanced Excel skills.
• Strong analytical and problem-solving capabilities.
• Strong interest in using technology, data and AI to improve financial review and oversight processes.
• Clear verbal and written communication skills.
• Ability to work independently, prioritise work and manage deadlines across multiple review cycles.

Candidate Profile

• Detail-oriented and disciplined, with a reviewer rather than preparer mindset.
• Highly motivated team player with a strong work ethic.
• Comfortable raising questions and escalating material issues.
• Strong ownership and willingness to follow observations through to closure.
• Clear and concise approach to documentation.
• Collaborative and comfortable working across India and Europe.
• Strong development potential within a growing oversight platform.
• Interest in technology, automation, dashboards and AI-assisted review.

Success Measures

• Reviews completed in line with the agreed plan and methodology.
• Delivery within agreed deadlines.
• Complete and well-organised review evidence.
• Clear and concise review conclusions.
• Timely identification and escalation of issues.
• Effective follow-up of administrator responses and remediation actions.
• Positive contribution to systems, process improvement and automation initiatives.

Reporting Relationships

Head of Fund Accounting, India

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.