Senior Associate, Fund Accounting (Public Credit)

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

Job summary

Ares Management is seeking a Senior Associate for its US Public Credit accounting team. The role involves day-to-day accounting for a publicly traded BDC and accurate NAV per share reporting for several publicly traded regulated investment companies.

The ideal candidate has 7–9 years post-qualification experience in accounting, CA qualification, and exposure to Advent Geneva or Dynamics 365. Strong US GAAP knowledge and Excel skills are essential.

Qualifications

• Bachelor’s degree and CA qualification required; CPA a plus.
• Post-qualification accounting/cash management experience preferred.
• Industry experience in finance/investments preferred.

Responsibilities

• Assist in preparation of US GAAP financial statements for monthly/quarterly/annual reporting.
• Coordinate with fund admins, offshore teams, auditors to meet deadlines.
• Oversee NAV packages from fund administrator and ensure accuracy.
• Support monthly/quarterly close and reconciliations, and workpapers.
• Review NPORT/NQ/NCSR/NCSRS reporting for funds and compliance filings.
• Collaborate across teams to allocate and recover expenses; manage daily cash.
• Participate in process reviews to improve accuracy and efficiency.
• Handle ad-hoc projects as needed.

Skills

US GAAP knowledge

Excel proficiency

Financial analysis

Independence

Strong verbal/written skills

Education

Bachelor’s Degree and CA Qualified

Tools

Advent Geneva

Microsoft Dynamics 365 BC

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

• Assist with preparation of US GAAP financial statements for monthly reporting and quarterly and annual SEC filings.
• Assist in managing relationships and liaising with internal resources, offshore resources, fund administrators and auditors to meet daily, monthly, quarterly, and annual reporting deadlines.
• Oversee and review daily and monthly NAV packages from the fund administrator.
• Assist with monthly/quarterly close process and preparation of various financial statement account balance reconciliations and workpapers.
• Review of NQ, NCSRS and NCSR reporting for the funds.
• Review of monthly NPORT reporting
• Provide compliance reporting (Form PF, ADV, etc.)
• High level of interaction across the organization, including communications with portfolio managers, investor relations, operations, tax, and financial reporting.
• Collaborate with team members to manage monthly and quarterly expense allocation and recovery functions between investment funds.
• Manage daily cash activities for a publicly traded BDC, including processing of payments, depositing of checks, and posting to the general ledger.
• Prepare/review monthly cash/par reconciliations for all legal entities.
• Assist in basic treasury functions.
• Participate and contribute to regular review of processes and deliverables to improve effectiveness, efficiency, and accuracy.
• Various ad-hoc/special projects.

Ares Management is seeking a Senior Associate for our US Public Credit accounting team. The Senior Associate will be responsible for the day-to-day accounting and oversight of a publicly traded business development company ("BDC") and accurately reporting the daily net asset value per share for several publicly traded regulated investment companies of the 1940.

Qualifications

Education:

• Bachelor’s Degree and CA Qualified

Certification

• CPA equivalent a plus

Experience Required

• Minimum 7-9 years of post-qualifications experience in accounting/cash management preferred.
• Industry experience preferred.
• Experience with Advent Geneva investment accounting software or Microsoft Dynamics 365 Business Central a plus.

General Requirements

• Ability to work independently in a fast-paced, high growth environment.
• Highly motivated team player with a strong work ethic.
• Basic understanding of US GAAP.
• Excellent verbal and written skills
• Strong problem-solving and analytical skills.
• Ability to prioritize/manage deadlines.
• Intermediate or advanced Excel user.

Reporting Relationships

Fund Controller

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.