Senior Associate, Corporate Accounting

aresmgmt; Los Angeles (CA); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Medical, Dental and Vision plans

401(k) with company match

Flexible Savings Accounts (FSA)

Healthcare Savings Accounts (HSA) with

Life Insurance

Job summary

Ares Management Corporation is seeking an experienced Senior Associate for the Corporate Accounting team focusing on operating expenses and accruals. This role supports monthly close, analyses for senior management, and external reporting under the CAO. Flexible, fast-paced environment and collaboration across global teams are emphasized.

Candidates should have 5+ years of relevant experience, strong U.S. GAAP knowledge, and proficiency in Excel.

Qualifications

• Bachelor’s degree in accounting or finance required.
• Master’s degree in accounting is a plus.
• CPA preferred.

Responsibilities

• Liaise with external firms and internal stakeholders to gather information and prepare accruals and related analyses.
• Review journal entries and cash reconciliations prepared by third party cash reconciliation team.
• Perform monthly and quarterly analyses of operating expenses for Senior Management.
• Prepare departmental operating expense analyses and review with Department Heads.
• Complete monthly balance sheet reconciliations.
• Partner with auditors and tax/relationship management groups to provide support.

Skills

Analytical thinking

Attention to detail

Strong communication

Team player

Education

Bachelor’s Degree in Accounting or Finance

Master’s Degree in Accounting considered a plus

CPA preferred

Tools

Excel

Power BI

Oracle Fusion

AI tools (Copilot, ChatGPT)

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 Corporation is seeking an experienced Senior Associate to join our Corporate Accounting team focused on operating expenses, including accruals, monthly expense analyses and management reporting. The Ares Corporate Accounting Department oversees and manages the financial statement close process and internal and external financial reporting for the public management company. Under the leadership of the Chief Accounting Officer, the Corporate Accounting Department is comprised of functional teams that operate collaboratively to oversee operating expenses, revenues, consolidation and SEC reporting. The Corporate Accounting team has close working relationships with external service providers and internal stakeholders to ensure the reporting of accurate results both internally and externally. This role will require a dynamic, adaptive and agile hands-on professional who will be capable of ensuring optimal processes in a fast-paced rapidly growing environment.

Primary functions and essential responsibilities

• Liaise with external professional service firms and internal stakeholders to gather relevant information and prepare professional service and marketing accruals and related analyses
• Review journal entries and cash reconciliations prepared by third party cash reconciliation team
• Perform monthly and quarterly analyses of operating expenses for Senior Management
• Prepare departmental operating expense analyses and review with Department Heads
• Complete monthly balance sheet reconciliations
• Partner with internal and external auditors and internal legal, tax and relationship management groups to provide ongoing support and resolve issues
• Collaborate with peers in Accounting and other departments in various locations across the globe to implement best practices and drive process improvements
• Assist in completing ad-hoc requests and special projects
• Other duties as assigned by management

Qualifications

Education:

• Bachelor’s Degree in Accounting or Finance required
• Master’s Degree in Accounting considered a plus
• CPA preferred

Experience:

• Minimum 5+ years of relevant professional experience in public accounting and/or industry experience
• Strong understanding of U.S. GAAP, CPA preferred
• Proficiency in Excel, Word and Outlook
• Experience with Power BI or other business intelligence tools a plus
• Experience with Oracle Fusion a plus
• Experience with AI tools such as Copilot, ChatGPT, etc. preferred

General Requirements:

• Dependable, great attitude, highly motivated and a team player
• Ability and desire to work in a fast pace and dynamic environment often requiring fast solutions to complex problems
• A self-directed individual with a can-do attitude, willing to work in an energetic, collaborative, and fast-paced environment, proactive in nature, and a proven ability to learn quickly, display flexibility and adaptability while resolving issues with minimal supervision
• Flexibility regarding role profile and willingness to take on new projects and learn new skills
• Outstanding communication (written and verbal), presentation, documentation, and interpersonal skills; strong customer focus
• Ability to successfully manage multiple priorities and competing demands, strong time management and prioritization skills
• High accuracy and detail orientation; confident decision-making skills
• Ability to extract meaningful information from extensive research and analysis to effectively present facts and findings in a digestible format, a keen eye for attention to detail
• Good judgment in terms of escalating issues vs. solving problems independently
• An analytical mind and a passion/interest in bringing new ideas to increase efficiency of existing processes
• Comfort in dealing with ambiguity and uncertainty in a dynamic and fast-paced environment
• Ability to be flexible in terms of hours in order to coordinate with team members across various time zones
• Willingness to take on new projects and learn new skills

Reporting Relationships

Associate Vice President, Corporate Accounting

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.

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.