Associate, Infrastructure Equity Asset Management

aresmgmt; New York (NY); On-site; USD 110,000 - 145,000; Full time

Benefits offered by this job

Medical/Dental/Vision coverage

401(k) with company match

Wellbeing programs

Job summary

Ares Infrastructure Equity (AIE) is seeking an Asset Management Associate to support its Investment Team in New York, NY. The role focuses on FP&A initiatives including monthly valuation analyses, tracking performance, and presenting analyses to stakeholders.

Reporting to the Managing Director, Infrastructure Equity, you will work on asset-level investments across renewable, thermal, midstream, and digital sectors, leveraging the Ares platform for insightful, compliant reporting.

Qualifications

• Bachelor's degree or international equivalent, plus relevant work experience.
• 2–3 years of finance or accounting experience with exposure to valuation methods and infrastructure.
• Strong finance/analytical abilities and Excel-based financial modeling; excellent written and verbal communication.

Responsibilities

• Produce monthly NAV analyses and NAV forecasts.
• Monitor and report on project/investment performance versus budget.
• Interface with portfolio counterparties and financing counterparties.
• Monitor contract compliance and key metrics (e.g., Debt Service Coverage Ratios).
• Perform fund-level financial modeling and update projections.
• Prepare and present analyses to internal and external stakeholders.
• Collaborate with Investment and FP&A teams to ensure accurate reporting.

Skills

Finance analytics

Financial modeling (Excel)

Communication skills

Education

Bachelor's degree or international equivalent

Tools

Excel

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

Ares Infrastructure Equity ("AIE") is hiring an Asset Management Associate, which directly supports its Investment Team in New York, NY.

AIE is an equity-oriented infrastructure group that employs both value-add and core strategies to invest in assets and companies within the sustainable infrastructure, asset class. Target sectors include renewable energy, energy storage, natural gas, transportation, resource efficiency, low carbon molecules, infrastructure services, and digital infrastructure. We leverage our technical and financial skill set, industry relationships, and the Ares platform to source proprietary deal flow, structure downside protection, and seek attractive risk-adjusted returns for our investors.

We manage ~$8.5bn across our two strategies and three main funds. AIE draws upon a broadly-skilled and cohesive team of approximately 30 investment professionals with deep sector expertise and strong industry relationships.

Primary Functions and Essential Responsibilities

The candidate will be responsible for portfolio management of investments made by Ares Core Infrastructure Fund ("ACI"). ACI is a perpetual, open-ended, core infrastructure fund that will primarily be making asset-level investments in the renewable, thermal, midstream, and digital sectors.

Responsibilities will cover a range of Financial Planning and Analytics ("FP&A") initiatives including monthly valuation analysis and reporting, tracking financial and operational investment performance, preparing financial and operational reporting, monitoring contract compliance and counterparty reporting, fund-level modeling analysis, and presenting analyses to internal and external stakeholders. The candidate will directly support the Investment Team on existing and new investments.

Key Responsibilities of the role will include

• Producing detailed Net Asset Value ("NAV") analysis on a monthly basis and NAV forecasts
• Monitoring, reporting, and analyzing operational and financial performance of projects and investments versus budget
• Interfacing with portfolio investment counterparties, financing counterparties, and other external partners
• Monitoring contract compliance including preparation of key metrics such as Debt Service Coverage Ratios
• Fund-level financial modeling, updating investment projections to match realized and revised projected performance, and other quantitative analysis
• Preparation and presentation of analyses and reporting materials to internal and external stakeholders
• Collaborating closely with the Investment team, FP&A team and other internal stakeholders to ensure accurate reporting and compliance with financial regulations

Qualifications

• Bachelor's degree or international equivalent, along with relevant work experience
• 2-3 years of finance or accounting experience with exposure to (i) valuation methods and (ii) power, energy, or infrastructure experience required
• The candidate should possess strong finance and analytical abilities as well as strong financial modeling capabilities (in Excel) and excellent communication skills (verbal and written). Industry knowledge and experience is strongly preferred.

Reporting Relationships

Managing Director, Infrastructure Equity

Compensation

The anticipated base salary range for this position is listed below. Total compensation may also include a discretionary performance-based bonus. Note, the range takes into account a broad spectrum of qualifications, including, but not limited to, years of relevant work experience, education, and other relevant qualifications specific to the role.

$110,000.00 - $145,000.00

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.

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.