Associate, F&A — Private Equity NAV & Reporting

Ares Management LLC; New York (NY); On-site; USD 100,000 - 130,000; Full time

Benefits offered by this job

Medical/Rx

Dental & Vision

401(k) with match

FSA/HSA

Life Insurance

Disability Insurance

EAP

Commuter Benefits

Job summary

Ares Management LLC is seeking an Associate to join the Registered Secondaries Accounting team in New York. The role focuses on supporting the NAV process, monthly closes, and regulatory reporting for private equity secondaries, collaborating with fund administrators and internal teams to ensure accurate, timely fund reporting.

Ideal candidates have 2–4 years of fund or private equity accounting experience, strong Excel skills, and familiarity with US GAAP investment company accounting and fund

Qualifications

• Bachelor’s degree in accounting or finance.
• 2–4 years of fund accounting or private equity accounting experience.
• Familiarity with US GAAP investment company accounting and fund reporting is a plus.
• Experience with Advent Geneva, eFront, Microsoft Dynamics 365 Business Central, OneStream or similar systems is a plus.

Responsibilities

• Support the monthly NAV process, including preparation and review of fund administrator packages, cash and position reconciliations, and follow-up on identified breaks.
• Assist with monthly and quarterly closes, including journal entries, account reconciliations, supporting schedules and close workpapers.
• Track and reconcile cash activity, investment activity, capital calls, distributions, fees and expenses for private equity secondary investments and related fund structures.
• Process and monitor fund cash activity, including invoices, wire requests and payments to underlying investments, vendors and other third parties, in accordance with established controls.
• Analyze financial statements, capital account statements and transaction notices received from underlying fund managers and support the recording of investment activity.
• Assist in reviewing fund general ledgers, trial balances, administrator records and custody records and resolve reconciling items timely.
• Prepare and review registered fund regulatory reporting, including Form N-PORT, Form N-2, Form N-CSR, Form N-CSRS as applicable, and support other SEC and compliance reporting requirements.
• Assist with fund expense budgeting, accruals and variance analysis.
• Prepare recurring and ad hoc reporting for portfolio management, investor relations, legal, compliance, tax and other internal stakeholders.
• Coordinate with the fund administrator, auditors and internal teams to support reporting deadlines and audit requests.
• Participate in process improvement, automation and scalability initiatives; assist with other special projects as needed.

Skills

Attention to detail

Analytical skills

Excel proficiency

Communication skills

Education

Bachelor's degree in accounting or finance

Tools

Advent Geneva

eFront

Dynamics 365 Business Central

OneStream

Job description

Ares Management LLC is seeking an Associate to join the Registered Secondaries Accounting team in New York. The role focuses on supporting the NAV process, monthly closes, and regulatory reporting for private equity secondaries, collaborating with fund administrators and internal teams to ensure accurate, timely fund reporting.

Ideal candidates have 2–4 years of fund or private equity accounting experience, strong Excel skills, and familiarity with US GAAP investment company accounting and fund