Associate/Analyst, SPV Oversight

Ares Management Corporation; Mumbai; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Ares Management Corporation seeks an Analyst/Associate in Mumbai to support fund accounting with quarterly and annual financial reviews and SPV accounting for real estate structures. You will prepare evidence, track deliverables, and escalate issues to senior team members as needed.

The role involves collaboration with colleagues in India, Luxembourg and Europe, with a focus on data analytics, automation, and AI-enabled review. A CA/CPA or equivalent qualification is preferred.

Qualifications

• Proven ability to perform financial reviews across risk tiers and materiality thresholds.
• Experience with SPV accounting and real estate fund structures is preferred.
• Strong analytical and problem-solving capabilities with attention to detail.

Responsibilities

• Perform quarterly and annual financial reviews in line with risk tiers and standards.
• Review SPV and PropCo statements, disclosures and reconciliations.
• Prepare workpapers, evidence, and review conclusions.
• Track deadlines and remediation actions through workflows.
• Escalate issues to Senior Associate or Team Lead as needed.
• Collaborate with teams in India, Luxembourg and Europe.

Skills

Financial analysis

US GAAP

Advanced Excel

Power BI

Audit experience

Real estate SPV

Education

CA/CPA preferred

Tools

Microsoft Dynamics 365 Business Central

Microsoft 365

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.

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

Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, real estate, private equity and infrastructure asset classes. We seek to provide flexible capital to support businesses and create value for our stakeholders and within our communities. By collaborating across our investment groups, we aim to generate consistent and attractive investment returns throughout market cycles.

As of June 30, 2026, Ares Management's global platform had approximately $671billion of assets under management(1) with more than 4,400 employees operating across North America, South America, Europe, Asia Pacific and the Middle East. For more information, please visit www.aresmgmt.com.

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. (1) As of June 30, 2026. AUM amounts include funds managed by Ivy Hill Asset Management, LP., a wholly owned portfolio company of Ares Capital Corporation and registered investment adviser.