Senior Associate, Private Equity Fund Accounting

0200 Ares Operations LLC; United States; On-site; USD 115,000 - 145,000; Full time

Benefits offered by this job

Medical coverage

Dental/vision

401(k) match

FSA/HSA

Life insurance

Disability insurance

EAP

Commuter benefits

Job summary

Ares Secondaries team specializes in secondary market transactions of private equity, real estate, credit and infrastructure investments, managing assets across a broad platform with substantial scale. The Senior Associate will join our Finance team, collaboratively supporting team of professionals across our West Hartford, Boston, New York and Mumbai locations.

The role emphasizes cash management, quarterly reporting, audit coordination and fiduciary responsibilities.

Qualifications

• 3–6 years’ experience in private equity fund investment accounting or public accounting.
• CPA or other equivalent certification preferred.
• Strong financial analysis, writing and presentation skills.

Responsibilities

• Manage cash needs across Ares Secondaries’ private equity, real estate, credit or infrastructure vehicles.
• Prepare investor capital call and distribution calculations and quarterly management company deliverables.
• Track and reconcile daily cash flows for various Ares Secondaries investment partnerships.
• Facilitate wire payments to vendors, to/from underlying investments and third parties.
• Monitor and report on fund investments across various limited partnership interests.
• Perform a detailed analysis of financial statements from underlying fund managers.
• Maintain fund general ledger and trial balances.
• Prepare and assist with ad-hoc limited partner reporting, analysis and other requests.
• Prepare calculation of performance fees and waterfalls.
• Prepare quarterly and annual GAAP financial statements and footnote disclosures for multiple funds as well as capital account summaries for limited partners.
• Coordinate with external auditors to ensure audit deadlines are met.

Skills

Financial analysis

Writing & presentation

Team collaboration

Self-motivation

Attention to detail

Education

Bachelor's degree in accounting or finance

CPA or equivalent preferred

Tools

Microsoft Excel

Microsoft Word

Job description

Ares Secondaries team specializes in secondary market transactions of private equity, real estate, credit and infrastructure investments, managing assets across a broad platform with substantial scale. The Senior Associate will join our Finance team, collaboratively supporting team of professionals across our West Hartford, Boston, New York and Mumbai locations.

The role emphasizes cash management, quarterly reporting, audit coordination and fiduciary responsibilities.