Senior Associate, Financial Planning & Analysis – Real Assets

0200 Ares Operations LLC; New York (NY); On-site; USD 130,000 - 150,000; Full time

Benefits offered by this job

Medical benefits

401(k) with company match

Flexible Spending Accounts (FSA)

Employee Assistance Program (EAP)

Job summary

Ares Management is seeking a Senior Associate for the Real Assets FP&A team. You will lead budgeting, monthly/quarterly forecasting, and long-range planning for Real Assets, building fund‑level models and delivering clear reporting to senior management.

The role requires 5–7 years of FP&A experience, knowledge of real estate funds and fee mechanics, and strong modeling/data skills. Collaboration across regions and automation initiatives are central to the position.

Qualifications

• 5–7 years of FP&A, corporate finance, fund accounting, investment banking, consulting or Big 4 accounting experience
• Experience with real estate funds and fund structures is preferred
• Experience building and maintaining financial models, forecasts and variance analyses
• Familiarity with planning/consolidation systems such as OneStream and Anaplan; SQL/Power BI/Tableau a plus
• Strong communication, analytical and problem‑solving skills

Responsibilities

• Support annual budget, monthly and quarterly forecast, and long‑range plan for Real Assets businesses
• Build and maintain fund‑level models for Real Estate funds and co‑investment vehicles
• Forecast and track G&A expenses at vendor level; identify cost‑saving opportunities
• Incorporate quarterly fund models and capital‑raising assumptions into forecast
• Prepare scenario analyses and respond to ad hoc requests from senior management
• Prepare variance analyses and commentary for actuals vs forecast and budget
• Produce executive‑level reporting packages, dashboards and presentations for senior leadership
• Collaborate with Fund/Corporate Accounting, Investor Relations and Business Operations
• Contribute to automation and use of data to improve forecast turnaround

Skills

Financial modelling

Forecasting

Variance analysis

Data analysis

Excel

Power BI

SQL

OneStream

Anaplan

Tableau

Education

Bachelor’s degree in Finance/Accounting/Economics/Real Estate/Data Science

MBA or graduate degree, CFA and/or CPA a plus

Tools

OneStream

Anaplan

SQL

Power BI

Excel

Tableau

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 Real Assets Financial Planning & Analysis ("FP&A") team, with primary responsibility for the Real Estate business. The Real Assets FP&A team is part of the firm’s larger Finance organization and partners closely with Real Assets business leaders, fund accounting, corporate accounting, business operations and global FP&A colleagues in Los Angeles, London and other regional offices. The Senior Associate will play a hands‑on role in the annual budget, monthly and quarterly forecast, and long‑range planning processes for Real Assets. The candidate will build and maintain fund‑level models and deliver clear, accurate reporting to senior management. The ideal candidate has a working understanding of real estate funds and management fee and incentive fee mechanics, and a strong aptitude for financial modeling, data and automation. This role requires a dynamic, detail‑oriented professional who can operate with increasing independence in a fast‑paced, growing environment.

Primary Functions and Essential Responsibilities

Financial Planning, Budgeting & Forecasting

• Support the annual budget, monthly and quarterly forecast, and long‑range plan for the Real Assets business, including consolidation of inputs and preparation of the P&L
• Build and maintain fund‑level models for Real Estate funds and co‑investment vehicles, forecasting FPAUM, management fees, other income and promote/incentive fees
• Forecast and track general and administrative expenses at the vendor level, identifying cost‑saving opportunities and partnering with business leaders on accountability
• Incorporate quarterly projected fund models from Fund Accounting, and assumptions on capital raising, deployment, exits and fee‑basis changes, into the forecast
• Prepare scenario and sensitivity analyses and respond to ad hoc requests from senior management

Reporting & Analysis

• Prepare variance analysis and commentary for actuals vs. forecast, budget and prior periods, with a focus on FPAUM, management fees, other income and promote
• Produce executive‑ready reporting packages, dashboards and presentations for senior leadership, including forecast calls and business reviews
• Support preparation of materials for firm‑wide consolidation, board and senior leadership reporting
• Dive into underlying fund and deal‑level data to explain drivers behind results and recommend actions

Business Partnership & Collaboration

• Serve as a day‑to‑day FP&A contact for Real Assets investment professionals, business operations and regional finance leaders
• Coordinate with Fund Accounting, Corporate Accounting, Investor Relations and Business Operations to gather, validate and reconcile key inputs on a timely basis
• Build working knowledge of new fund structures, fee terms and revenue streams, and translate this into forecast assumptions
• Collaborate with the global FP&A team to align methodologies and ensure consistency across regions and segments

Process, Systems & Automation

• Maintain and improve financial models, dashboards and planning tools for accuracy, consistency and scalability (e.g., OneStream, Anaplan, SQL, Power BI)
• Clean, structure and consolidate data from multiple sources into repeatable reporting processes
• Contribute to automation and AI‑enabled initiatives that reduce manual work and improve forecast turnaround time
• Support implementation of new systems and processes, including data collection, testing and roll‑out

Team Contribution

• Take ownership of workstreams and deliver work independently with a high level of accuracy
• Support, train and mentor Analysts and Associates as the team grows

Qualifications

Education / Certification

• Bachelor’s degree in Finance, Accounting, Economics, Real Estate, Data Science or a related field
• MBA or graduate degree, CFA and/or CPA a plus, but not required

Experience Required

• 5–7 years of relevant experience in FP&A, corporate finance, fund accounting, investment banking, consulting or Big 4 accounting; experience at an alternative asset manager or real estate investment firm strongly preferred
• Working knowledge of real estate fund structures (open‑end and closed‑end), management fee and incentive fee/carried interest mechanics, and co‑investment structures preferred
• Demonstrated experience building and maintaining financial models, forecasts and variance analyses
• Experience with planning and consolidation systems such as OneStream and Anaplan preferred; SQL, Power BI, Tableau or similar a plus

General Requirements

• Advanced Excel and financial modeling skills; strong PowerPoint skills
• Strong understanding of financial statements and accounting principles
• Strong analytical, problem‑solving and attention‑to‑detail skills, with the ability to turn complex data into clear insights
• Excellent written and verbal communication skills, including presenting to senior stakeholders
• Ability to manage multiple deadlines and priorities in a fast‑paced environment
• Highly motivated, collaborative team player with a strong work ethic and a passion for process improvement, automation and new technology

Reporting Relationships

Associate Vice President, FP&A

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

Additional Benefits

• Access to a world‑class medical advisory team
• Mental health app that includes coaching, therapy and psychiatry
• 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.

Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, real estate, private equity and infrastructure asset classes. 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 June 30, 2026, Ares Management's global platform had approximately $671 billion of assets under management(1) with more than 4,400 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. (1) As of June 30, 2026. AUM amounts include funds managed by Ivy Hill Asset Management, LP., a wholly owned portfolio company of Ares Capital Corporation and registered investment adviser.