Senior Associate, Fund Accounting

Ares Management Corporation; New York (NY); On-site; USD 110,000 - 165,000; Full time

Benefits offered by this job

Medical/Dental/Vision

401(k) match

FSA/HSA

Life Insurance

Disability Insurance

EAP

Commuter benefits

Job summary

Ares Management Corporation is seeking a Senior Associate for the US Public Credit accounting team in New York. You will handle day-to-day accounting, oversee NAV packages, and assist with SEC filings for BDCs.

Collaboration with portfolio managers, investor relations, operations, tax, and financial reporting will be essential. The role requires 4–6 years of relevant experience, CPA or related certification is a plus, and experience with Advent Geneva, Dynamics 365 BC, and Onestream is

Qualifications

• Bachelor's Degree in Accounting, Finance, or related field.
• CPA or relevant certification is a plus.
• 4–6 years of relevant professional experience (preferred).
• Public Accounting experience, Big 4 (preferred).
• Industry experience with credit-related investments.
• Experience with Advent Geneva, Microsoft Dynamics 365 Business Central AND Onestream software a plus.

Responsibilities

• Assist in preparation of US GAAP financial statements for monthly reporting and quarterly and annual SEC filings (10K, 10Q, 8K, N-2, etc.).
• Prepare quarterly GAAP consolidated financial statements for an SEC-registered investment advisor, a controlled portfolio company of the BDC.
• Preparation of quarterly footnote and MD&A disclosures and other analyses, as needed.
• Oversee and review monthly NAV packages from the fund administrator.
• Prepare monthly account reconciliations and fluctuation analyses
• Prepare/review monthly portfolio position and cash reconciliations.
• Prepare quarterly waterfall calculations and review monthly distribution reports from the trustee.

Skills

US GAAP

Public accounting

Finance

Education

Bachelor’s in Accounting/Finance

Tools

Advent Geneva

Dynamics 365 BC

Onestream

Power BI

Tableau

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 for our US Public Credit accounting team. The Senior Associate will be responsible for the day-to-day accounting and oversight of the several publicly traded business development companies (“BDCs”).

• Assist in preparation of US GAAP financial statements for monthly reporting and quarterly and annual SEC filings (10K, 10Q, 8K, N-2, etc.)
• Prepare quarterly GAAP consolidated financial statements for an SEC-registered investment advisor, a controlled portfolio company of the BDC.
• Preparation of quarterly footnote and MD&A disclosures and other analyses, as needed
• Oversee and review monthly NAV packages from the fund administrator.
• Prepare and review monthly account reconciliations and fluctuation analyses
• Preparation of quarterly board reporting
• Assist in managing relationships and liaising with internal resources, fund administers and auditors to meet all daily, monthly, quarterly and annual deadlines.
• Assist with monthly/quarterly close process and preparation of various financial statement account balance reconciliations and workpapers.
• High level of interaction across the organization, including communications with portfolio managers, investor relations, operations, tax and financial reporting.
• Review reporting to investors and internal constituents (portfolio managers, investor relations)
• Work closely with operations and other groups in managing daily cash and position breaks.
• Manage daily cash activities, including processing of payments, depositing of checks and posting to the general ledger.
• Prepare/review monthly portfolio position and cash reconciliations.
• Prepare quarterly waterfall calculations and review monthly distribution reports from the trustee.
• Participate and contribute to regular review of processes and deliverables to improve effectiveness, efficiency and accuracy.
• Various ad-hoc/special projects.

Qualifications

• Education: Bachelor’s Degree in Accounting, Finance, or related field
• Certification: CPA or relevant certification is a plus
• Experience Required: 4-6 years of relevant professional experience (preferred)
• Public Accounting experience, Big 4 (preferred)
• Industry experience, specifically with credit related investments
• Experience with Advent Geneva, Microsoft Dynamics 365 Business Central AND Onestream software a plus

General Requirements

• Ability to work independently in a fast‑paced, high growth environment.
• Highly motivated team player with a strong work ethic
• Strong knowledge of accounting principles, financial instruments, and regulatory requirements
• Strong understanding of U.S. GAAP.
• Strong problem‑solving and analytical skills.
• Strong verbal and written skills; ability to analyze and summarize complex information both verbally and in writing
• Ability to multi‑task and manage various deadlines
• Advent Geneva experience a plus
• Strong Excel skills (e.g. complex formulas, macros)
• Power BI, Alteryx, Tableau or other business intelligence tools a plus

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.

Ares U.S. Core 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), and Commuter Benefits plan for parking and transit

Additional Benefits

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.

Application

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.

Company Overview

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 March 31, 2026, Ares Management's global platform had approximately $644 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.

Equal Employment Opportunity

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 March 31, 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.