AVP, Real Estate Fund Accounting

Ares Management Corporation; Mumbai; On-site; INR 4,500,000 - 6,500,000; Full time

Job summary

Ares Management Corporation seeks a senior Fund Controller with 10–14 years’ experience in fund accounting or public accounting, including Big 4 exposure. The position involves coordinating with administrators, depositaries, and external providers to ensure accurate financial reporting and efficient processes.

The role covers financial statements, investor reporting, capital statements, and facilitating fundraising efforts while ensuring controls and compliance across fund operations.

Qualifications

• Bachelor’s Degree is required.
• Licensed CPA (active or inactive) preferred.
• 10–14 years of relevant professional experience including public accounting (Big 4 preferred) and/or fund accounting experience.

Responsibilities

• Instruct and oversee fund service providers to ensure performance aligns with service levels.
• Oversee onboarding/offboarding processes across business units and third parties.
• Support preparation of financial statements, investor reports, and fund dashboards.
• Assist in budgeting, forecasting, and risk management using fund data and models.

Skills

Advanced Excel

Financial analysis

Education

Bachelor’s Degree

CPA (active or inactive)

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

Financial Reporting and Management

• Instruct and oversee fund service providers (administrators, depositaries) to ensure performance is in line with agreed service levels
• Instruct and oversee the acquisition and disposition onboarding/offboarding process across business units and 3rd parties
• Liaise with a wide range of internal stakeholders and external service providers to ensure the quality and timely flow of financial data
• Oversee calculation of property performance, AUM, NAV, management fees, promote allocations (fund level waterfalls) and cost recharges
• Support preparation of financial statements, investor reports, partner capital statements, presentations, questionnaires and head office management reports
• Provide deal support, including financial analysis and execution of deal cashflows
• Monitor cash and manage cash distribution process
• Allocate and review costs and expense recharges
• Manage audit and tax reporting processes
• Participate in any new Fund launches
• Help maintain financial data inputs for the Fund track record
• Maintain Fund dashboard
• Review capital call and distribution notices and cash allocation schedules
• Support on DDQ and presentations for fundraising
• Work with team to implement technology that helps automate processes for better efficiency, accuracy and consistency

Portfolio Management

• Contribute to the valuation process, calculation of gross to net adjustments. Candidate to have general understanding of real estate valuations.
• Support investment decision process by maintaining fund models, proving scenario/sensitivity analysis, key property and financial metrics and KPIs
• Support budgeting and forecasting process with calculation of management fees and promote
• Support risk management processes with qualitative and quantitative fund data

Treasury Cash Management

• Cash management, including oversight of fund reserves and cash requirements
• Manage fund level debt facilities (drawdowns, repayments, covenants, extensions)

Qualifications

• Education: Bachelor’s Degree required
• Licensed CPA (active or inactive) preferred
• Experience Required: At least 10-14 years of relevant professional experience including public accounting (Big 4 preferred) and/or fund accounting experience
• Real estate G/L system knowledge a plus
• Advanced excel experience strongly preferred

Reporting Relationships

Fund Controller

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.