Senior Associate, Private Equity Fund Accounting

Ares Management; West Hartford (CT); On-site; USD 115,000 - 145,000; Full time

Benefits offered by this job

Comprehensive medical/dental/vision

401(k) with company match

HSA with company contribution

Life and disability insurance

Employee Assistance Program (EAP)

Commuter benefits

Job summary

Ares Management is seeking a Senior Associate to join the Secondaries Finance team in West Hartford, CT, and across our Boston, New York, and Mumbai locations. You will manage cash, capital call/distribution calculations, and partner reporting for private equity, real estate, credit, and infrastructure investments.

You will prepare GAAP statements, assist with auditor coordination, and contribute to ad-hoc analyses.

Qualifications

• Bachelor’s degree in accounting or finance.
• 3–6 years’ experience in private equity fund investment accounting or public accounting.
• Strong academic achievement and self-motivated.
• Ability to work independently and as a team member.
• Strong financial analysis, writing and presentation skills.
• Proficient in Microsoft Excel and Word.
• CPA or other equivalent certification preferred.

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 detailed analysis of financial statements from underlying fund managers.
• Maintain fund general ledger and trial balances.
• Prepare 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; coordinate with auditors.

Skills

Financial analysis

Written and presentation skills

Teamwork

Education

Bachelor’s degree in accounting or finance

Tools

Microsoft Excel

Microsoft Word

CPA certification preferred

Job description

Ares Management is seeking a Senior Associate to join the Secondaries Finance team in West Hartford, CT, and across our Boston, New York, and Mumbai locations. You will manage cash, capital call/distribution calculations, and partner reporting for private equity, real estate, credit, and infrastructure investments.

You will prepare GAAP statements, assist with auditor coordination, and contribute to ad-hoc analyses.