Assistant Controller, Private Equity Fund Finance

Ares Management; West Hartford (CT); On-site; USD 160,000 - 180,000; Full time

Job summary

Ares Management is seeking an Assistant Vice President to join the Secondaries Finance team based in West Hartford, CT, with other team locations in Boston, NY, and Mumbai. The role centers on managing quarterly closes, GAAP reporting, waterfall calculations, and cash management for multiple funds.

Ideal candidates have 7–10 years of private equity fund accounting experience and strong financial analysis, with proficiency in Excel and reporting tools. A generous compensation package is offered.

Qualifications

• Bachelor’s degree in accounting or finance.
• 7–10 years of experience in private equity fund accounting or public accounting.
• Experience with evergreen/open-ended/interval structures is desirable.
• Strong financial analysis, writing and presentation skills.

Responsibilities

• Manage quarterly close processes with accounting staff and third-party administrators.
• Prepare quarterly and annual GAAP financial statements and footnote disclosures for multiple funds and capital account summaries for LPs.
• Prepare complex fund-level and investor-level waterfall calculations (preferred returns, return of capital, catch-up, carried interest).
• Prepare and review cash flow projections and daily cash management and investor capital calls/distributions.
• Coordinate with external auditors to ensure audit deadlines are met.

Skills

Financial analysis

Attention to detail

Team collaboration

Communication skills

Education

Bachelor's degree in accounting or finance

Tools

Microsoft Excel

Microsoft Word

eFront Software

Microsoft Office

Job description

Ares Management is seeking an Assistant Vice President to join the Secondaries Finance team based in West Hartford, CT, with other team locations in Boston, NY, and Mumbai. The role centers on managing quarterly closes, GAAP reporting, waterfall calculations, and cash management for multiple funds.

Ideal candidates have 7–10 years of private equity fund accounting experience and strong financial analysis, with proficiency in Excel and reporting tools. A generous compensation package is offered.