Associate, Financial Reporting

aresmgmt; Denver (CO); On-site; USD 80,000 - 95,000; Full time

Benefits offered by this job

Medical coverage

401(k) matching

Paid time off

Job summary

Ares Management in Denver, CO is seeking a Financial Reporting Associate to support the quarterly and monthly reporting packages, and assist with 10-Q/10-K filings. You will work on data integrity, coordinate with auditors, and handle ad hoc requests.

The role requires a bachelor’s in finance or accounting, 2–4 years of relevant experience, advanced Excel/Word, and CPA designation or progress toward CPA preferred. This position may require overtime during month- and quarter-end.

Qualifications

• Bachelor's degree in finance, accounting, or related field.
• 2–4 years applicable finance/accounting experience.
• CPA designation or progress toward CPA designation preferred.
• Advanced Excel and Word skills required.

Responsibilities

• Timely and accurate preparation of quarterly and monthly reporting packages, including portfolio and financial metrics.
• Timely and accurate preparation of quarterly and annual financial statements.
• Maintain and organize financial and portfolio data.
• Assist in preparation of marketing materials, presentations, and due diligence requests.
• Prepare and maintain support work papers.
• Perform financial tie-outs of ad hoc, monthly, quarterly and annual reports.
• Assist in coordination with the auditors during their reviews and audits.
• Assist in researching and summarizing accounting guidance and new accounting standards.

Skills

Analytical skills

Written communication

Verbal communication

Attention to detail

Team collaboration

Problem solving

Education

Bachelor's degree in finance/accounting

Tools

Microsoft Excel

Microsoft Word

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

The Financial Reporting Associate will assist with and support the preparation of the quarterly financial reporting package, monthly filings, and ad hoc requests for one or more SEC-reporting real estate funds. Public accounting experience and familiarity with financial statements and related footnotes, such as a 10-Q or 10-K, is preferred. The ability to work under tight deadlines, maintain data integrity, support audit/review requests, and demonstrate strong attention to detail is imperative. The position may require overtime work during month-end and quarter-end reporting. The Associate will be an integral member of a 7-person team and will be expected to work independently on assigned tasks while collaborating with the broader team and seeking guidance when appropriate.

Essential Job Duties

• Timely and accurate preparation of quarterly and monthly reporting packages, including portfolio and financial metrics
• Timely and accurate preparation of quarterly and annual financial statements
• Maintain and organize financial and portfolio data
• Assist in preparation of marketing materials, presentations, and due diligence requests
• Prepare and maintain support work papers
• Perform financial tie-outs of ad hoc, monthly, quarterly and annual reports
• Assist in coordination with the auditors during their reviews and audits
• Assist in researching and summarizing accounting guidance and new accounting standards, including supporting the assessment of applicability to the funds
• Assist in maintaining reporting processes and procedures
• Assist with ad hoc requests and reporting
• Complete other duties or special projects as assigned

Required Knowledge, Skills, and Abilities

• Position typically requires a bachelor’s degree in finance, accounting, or related field.
• 2-4 years applicable finance/accounting experience.
• CPA designation or progress toward CPA designation, public accounting experience, and/or financial reporting experience strongly preferred.
• Excellent analytical, quantitative, written, and verbal communication skills required.
• Detail oriented with ability to effectively manage assigned priorities in a fast-paced environment while meeting deadlines required.
• Advanced Excel and Word application skills required.
• Must be a good listener, proactive, collaborative problem-solver, self-motivated and a team-oriented individual.
• Ability to handle sensitive and confidential information required.
• High ethical standards required.
• Ability to take initiative, exercise sound judgment, and work independently on assigned tasks with appropriate guidance required.

Reporting Relationships

Financial Reporting Manager

Compensation

$80,000 - $95,000

The firm also offers robust Benefits offerings. Ares U.S. Core Benefits include Comprehensive Medical/Rx, Dental and Vision plans; 401(k) program with company match; Flexible Savings Accounts (FSA); Healthcare Savings Accounts (HSA) with company contribution; Basic and Voluntary Life Insurance; Long-Term Disability (LTD) and Short-Term Disability (STD) insurance; Employee Assistance Program (EAP), and Commuter Benefits plan for parking and transit.

Ares offers a number of additional benefits including access to a world-class medical advisory team, a mental health app that includes coaching, therapy and psychiatry, a mindfulness and wellbeing app, financial wellness benefit that includes access to a financial advisor, new parent leave, reproductive and adoption assistance, emergency backup care, matching gift program, education sponsorship program, and much more.