Associate Vice President, FP&A

Ares Management LLC; Los Angeles (CA); On-site; USD 160,000 - 180,000; Full time

Benefits offered by this job

401(k) company match

Comprehensive Medical/Rx benefits

Flexible Savings Accounts (FSA)

Job summary

Ares Management is seeking an Associate Vice President for the Public Credit Financial Planning & Analysis team. This role involves building and maintaining fund projection models for public funds and fortifying forecasting with scenario analyses while collaborating with investor relations, fund accounting and portfolio management in a fast-paced environment.

The ideal candidate has strong financial modeling skills, experience with Anaplan or similar tools, and a solid background in finance

Qualifications

• Bachelor's Degree in Finance, Accounting, Business Administration or Economics; MBA or graduate degree a plus; CFA/CPA license a plus.

Responsibilities

• Build and maintain fund projection models for public and private funds.
• Assist with scenario and sensitivity analyses and ad hoc requests for senior management.

Skills

Excel

Anaplan

Financial modeling

Communication

Education

Bachelor's Degree in Finance/Business

MBA or graduate degree a plus

Tools

Anaplan

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 Management is seeking a highly motivated and detail-oriented Associate Vice President to join the Public Credit Financial Planning & Analysis team. This team is based in Boston, New York and Los Angeles and is a part of the firm’s larger Finance organization. The team is responsible for various projection models, fund forecasting and other corporate finance strategy, and works closely with numerous groups across the organization, including Credit investment professionals and senior management as well as investor relations, fund accounting, business operations, portfolio management and technology teams.

The ideal candidate would have a fundamental understanding of alternative investing and/or private credit and would demonstrate an aptitude in financial modeling and forecasting solutions. The candidate would also partner closely with our technology team to support automation and AI integration of models and processes. The role requires a dynamic, adaptive, experienced hands-on professional to ensure best practices in a fast-paced, rapidly changing environment.

Primary Functions And Essential Responsibilities

• Building and maintaining fund projection models for public and non-private regulated funds such as Business Development Companies and Interval Funds
• Preparing and assisting with various scenario and/or sensitivity analyses and ad hoc business requests before presentation of this data to senior management to assist in corporate strategy
  • Assisting and spearheading automation initiatives of new and existing forecast models with a focus on Anaplan or similar enterprise modeling software while incorporating best practices around AI and data technology
  • Coordinating with other teams such as fund accounting, investor relations, Credit investment professionals, portfolio management and/or business operations to gather and update key inputs for fund models on a timely basis and deep-dive into assumptions
• Organizing presentations and other data requests for lenders, investors and rating agencies while assisting with fund capital formation and balance sheet management

Qualifications

• Bachelor's Degree in a Business-related field such as Finance, Accounting, Business Administration or Economics from a top academic institution
• MBA or Graduate Degree a plus, but not required
• CFA and/or CPA license a plus, but not required
• undefined

Experience Required

• Preferably 7- 10+ years of relevant work experience in FP&A, Corporate Finance, Accounting, Consulting or other business-related fields
• Background in financial services, alternative investing and/or private credit a plus; experience may include time spent at an alternative investment manager, financial institution or bank, rating agency, accounting or advisory firm
• Strong Excel skills in financial modeling with a willingness to learn new systems to continuously improve and increase automation
• Prior experience with Anaplan or similar modeling software tools a plus

General Requirements

• Strong understanding of fund financial statements and projection models
• Exceptional ability and willingness to communicate, both through written communication and/or presentations and then verbally during meetings to relay this information to leadership
• Interest in designing, building, and maintaining complex, dynamic models that drive decision-making
• Problem solving and analytical skills with an ability to translate business requirements and ad-hoc requests into scalable, efficient modeling solutions that provide actionable insights
• Ability to develop and maintain relationships across various parts of the organization with stakeholders across all levels, both internally and externally
• General understanding of capital markets and leveraged finance
  • Attention to detail, accuracy and deadlines; must be organized and able to successfully manage multiple priorities and competing demands
  • A solutions-oriented individual that will take pride in their work and connect it to the bigger picture
  • Experience working with data and enterprise modeling tools a plus
  • Good judgment in terms of escalating issues vs. solving problems independently
  • Dependable, great attitude, highly motivated and a team player

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.

$160,000 - $180,000

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.

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.