Associate- Expense Process

Ares Management Corporation; Mumbai; On-site; INR 1,000,000 - 2,000,000; Full time

Job summary

Ares Management Corporation in Mumbai is seeking a skilled Accounts Payable professional to join our finance team and manage end-to-end supplier invoicing processes. You will validate invoices, map codes, and ensure timely payments through Coupa and HazelTree.

The role requires strong attention to detail and the ability to coordinate with fund accountants, controllers, and vendors to maintain accurate records and compliant processes.

Qualifications

• Invoice review and approval tasks using procurement/payables tools.
• Account mapping to correct entity and documented rationale.
• Liquity checks on paying accounts and flag large invoices.
• Payment confirmation and issue resolution with banks and stakeholders.
• Vendor onboarding and new payment requests support with AP.

Responsibilities

• Invoice review & approval using Coupa to ensure accuracy and timeliness.
• Map invoices to correct entities and set HazelTree accounts with documented rationale.
• Perform liquidity checks on paying accounts and flag large invoices.
• Confirm payments with banks and resolve issues with stakeholders.
• Support vendor onboarding and new payment requests with AP.

Skills

Invoice review

Account mapping

Liquidity checks

Payment resolution

Vendor management

Coding systems

Tools

Coupa

HazelTree

Cash Recon

IVP Reference Master

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

• Invoice review & approval (Coupa): Validate supplier details, invoice support, amounts, and key terms; review the fund expense budget for existing accruals to avoid duplicate expense hits; enter or confirm settle date and required billing attributes; and submit and approve invoices in line with established controls and timelines.
• Account mapping & coding: Assess whether invoices are mapped to correct entity, identify the correct paying account/entity and corresponding HazelTree account, and clearly document all assumptions and mapping rationale.
• Liquidity checks: Confirm the paying account and available cash using HazelTree and cash sheets, and proactively flag large invoices to the relevant Fund Accountant and/or Controllers.
• Payment confirmation & issue resolution: Use Cash Recon to identify and investigate payment breaks, obtain HazelTree audit trail support for bank communication when required, confirm wire releases with the bank, and close the loop with all stakeholders.
• Vendor & payment request support: Initiate New Vendor Request or New Payment Request forms when invoices or vendors are missing, coordinate completion of required vendor documentation, and follow up with Accounts Payable as needed.
• Project / Fund / Deal codes: Utilize the IVP Reference Master to identify existing codes, request new codes where required, and coordinate approvals and setup with IVP owners.

Reporting Relationships

Associate Vice President

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 $671 billion 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.