Senior Associate, Private Equity Fund Accounting

Ares Management; New York (NY); On-site; USD 115,000 - 145,000; Full time

Benefits offered by this job

Comprehensive Medical/Rx, Dental and V

401(k) program with company match

HSA with company contribution

Job summary

Ares Management's Secondaries team seeks a Senior Associate to join our Finance group across multiple locations including New York, NY. You will manage cash needs, prepare capital calls, distributions, and LP reporting for private equity and other funds.

The role requires 3-6 years in private equity fund accounting or public accounting, a bachelor's in accounting or finance, and strong Excel/Word skills. CPA preferred. This is a full-time position with competitive compensation.

Qualifications

• Education: Bachelor's degree in accounting or finance.
• Experience: 3–6 years in private equity fund accounting or public accounting.
• Strong academic record; self-motivated and capable of independent work.
• Ability to work both independently and in a team.
• Strong financial analysis, writing and presentation skills.
• Proficient in Microsoft Excel and Word.
• Strong work ethic, detail oriented and well organized.
• CPA or equivalent certification preferred.

Responsibilities

• Manage cash needs across private equity, real estate, credit or infrastructure vehicles.
• Prepare investor capital call and distribution calculations and quarterly deliverables.
• Track and reconcile daily cash flows for investment partnerships.
• Facilitate wire payments to vendors, to/from underlying investments and third parties.
• Monitor and report on fund investments across various LP interests.
• Perform analysis of financial statements from fund managers.
• Maintain fund general ledger and trial balances.
• Prepare ad-hoc LP reporting and capital account summaries.
• Prepare calculation of performance fees and waterfalls.
• Prepare quarterly and annual GAAP financial statements and footnote disclosures.
• Coordinate with external auditors to meet audit deadlines.

Skills

Financial analysis

Writing

Presentation skills

Excel

Word

Attention to detail

Organization

Education

Bachelor's degree in accounting or finance

CPA or equivalent certification preferred

Tools

Excel

Word

Job description

Ares Management's Secondaries team seeks a Senior Associate to join our Finance group across multiple locations including New York, NY. You will manage cash needs, prepare capital calls, distributions, and LP reporting for private equity and other funds.

The role requires 3-6 years in private equity fund accounting or public accounting, a bachelor's in accounting or finance, and strong Excel/Word skills. CPA preferred. This is a full-time position with competitive compensation.