Senior Associate, F&A

Ares Management Corporation; Boston (MA); On-site; USD 130,000 - 150,000; Full time

Benefits offered by this job

Comprehensive Medical/Rx

Dental and Vision plans

401(k) with company match

FSA

HSA with company contribution

Life Insurance

Disability insurance

EAP

Commuter Benefits

Education sponsorship

Job summary

Ares Management is seeking a Senior Associate to join the Registered Secondaries Accounting team. The role focuses on day-to-day accounting, NAV processes, and regulatory reporting for registered investment companies investing in private equity secondaries and related structures.

The position involves coordinating with internal functions and external providers, overseeing cash, close processes, and improving controls as the platform grows.

Qualifications

• Bachelor’s degree in accounting or finance.
• 4–7 years of fund accounting or related experience.
• Knowledge of US GAAP investment company accounting and regulatory reporting preferred.
• CPA progress or public accounting background is a plus.
• Experience with fund administration software and financial systems is advantageous.

Responsibilities

• Lead monthly NAV process with reconciliations and activity review.
• Coordinate monthly/quarterly closes and prepare journal entries and reconciliations.
• Review accounting for secondary investments and related structures.
• Oversee daily cash activities and payment processing.
• Review fund statements and ensure accuracy of recorded activity.
• Prepare regulatory reporting such as Form N-PORT, N-2, N-CSR, N-CSRS.
• Support audits and collaborate with investors and internal teams.
• Identify process improvements and technology implementations.

Skills

Analytical thinking

Problem solving

Attention to detail

Excel proficiency

Communication

Education

Bachelor’s degree in accounting or finance

Tools

Advent Geneva

eFront

Microsoft Dynamics365 Business Central

OneStream

PowerBI

Alteryx

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 Senior Associate to join the Registered Secondaries Accounting team. The Senior Associate will take a lead role in the day‑to‑day accounting, financial reporting, net asset value (NAV) processes and operational control environment for registered investment companies investing in private equity secondaries and related structures. The individual will review administrator deliverables, coordinate across internal functions and external service providers, and help strengthen processes as the registered products platform grows.

Primary functions and essential responsibilities

• Lead the monthly NAV process, including detailed review of fund administrator packages, cash and position reconciliations, income and expense activity, and resolution of identified breaks.
• Coordinate monthly and quarterly closes and prepare or review journal entries, account reconciliations, supporting schedules and close workpapers.
• Review accounting for secondary investments and related structures, including capital calls, distributions, fees, investment activity and information received from underlying fund managers.
• Oversee daily cash activities, invoice coding and payment processing, and coordinate with operations and other teams to resolve cash and position differences.
• Review underlying fund financial statements, capital account statements and transaction notices and assess the completeness and accuracy of recorded investment activity.
• Review fund general ledgers, trial balances, administrator records and custody records and drive timely resolution of reconciliation items.
• 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.
• Review fund operating expense budgets, accruals and variance analyses and coordinate updates with relevant stakeholders.
• Prepare and review recurring and ad‑hoc reporting for portfolio management, investor relations, legal, compliance, tax and other internal stakeholders.
• Serve as a primary day‑to‑day contact for the fund administrator and coordinate with auditors and internal teams to meet reporting and audit deadlines.
• Assist with oversight and development of junior team members through review, coaching and knowledge sharing.
• Identify and lead process improvements and technology implementation initiatives, including, automation and control enhancements to support accuracy, efficiency and scalability; lead or contribute to special projects as needed.

Qualifications

Education: Bachelor’s degree in accounting or finance

Experience Required:

• 4-7 years of experience in fund accounting, investment accounting, private equity accounting, registered funds or public accounting.
• Experience with private equity or other alternative investment products strongly preferred.
• Working knowledge of US GAAP investment company accounting and experience with registered fund financial or regulatory reporting preferred.
• Public accounting experience and/or CPA progress is a plus.
• Experience with Advent Geneva, eFront, Microsoft Dynamics365Business Central, OneStream or similar systems is a plus.

General Requirements

• Strong understanding of accounting principles, investment activity and financial reporting controls.
• Demonstrated ability to review complex work, identify issues and drive items to resolution.
• Ability to manage multiple priorities and deadlines in a fast‑paced, high‑growth environment.
• Ability to work independently and collaborate effectively with internal stakeholders and external service providers.
• Strong analytical, problem‑solving, written and verbal communication skills, including the ability to summarize complex matters clearly.
• Intermediate to advanced Microsoft Excel skills; experience with PowerBI, Alteryx or other automation and business‑intelligence tools is a plus.
• Strong attention to detail, sound judgment, ownership mindset and commitment to high‑quality financial reporting.

Reporting Relationships

Chief Accounting Officer, Registered Products, Secondaries

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.

$130,000 - $150,000

Benefits

• 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)
• Commuter Benefits plan for parking and transit
• 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

Company Culture and Purpose

We seek to provide flexible capital to support businesses and create value for our stakeholders and within our communities. By collaborating across our investment groups, we aim to generate consistent and attractive investment returns throughout market cycles. As of June30,2026, Ares Management’s global platform had approximately $671billion of assets under management(1) with more than4,400 employees operating across North America, South America, Europe, Asia Pacific and the Middle East.

For more information, please visit www.aresmgmt.com.

Ares Management LLC (together with its related operating and administrative subsidiaries, “Ares Management”) is an Equal Employment Opportunity employer and considers all applicants for employment without regard to race, color, religion, ethnicity, creed, sex, age, national origin, alienage or citizenship status, disability, medical condition, pregnancy, marital status, partnership status, sexual orientation, status regarding public assistance, military or veteran status, domestic violence victim status, gender identity and expression, transgender status, genetic information, status as unemployed, political affiliation or any other characteristic protected by federal, state or local law. Ares Management will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of the Fair Chance Initiative for Hiring Ordinance.