Associate, Finance & Accounting
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Overview
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
TheFinance and Accountingteam is seekinganAssociatetoparticipatein astrategic initiativetofurtherdevelop,implement, andmanagean operatingplan for the AresEmployeeCo-InvestmentProgram (the “EmployeeCo-InvestmentProgram”).The EmployeeCo-Investment Programfacilitatesthe investment byAres employees inAres managed funds. Theindividual will have day-to-dayoperationalownershipfornumerousfunds including, but not limited to, investoronboardingand relationship management,operations, reportingandservicing andlimitedfund accounting responsibilities.
The role requires an individual who is astrategic thinkerand able tocollaboratewith various cross-functional teamsto understand the challenges and needs of stakeholders. This rolewill alsoparticipateinthemanagingand continuously improving the data, reporting/insights, technology, and processes needed to delivera seamless investor experience to our internal investors.Ideally, the candidate will have experience with investment accounting and/or investor portal implementations.
Thecandidate must be resourceful, innovative, forwardthinkingand committed. This is an entrepreneurial opportunity that will afford the candidate significant responsibility and the opportunity tocontributebuildandgrow a successful team within a diversified platform. The candidate must be focused on continuous improvement in accuracy and timeliness of ongoingmanagementfinancial and operational reporting.
Primary functions and essential responsibilities
Assistin thecoordination ofnew co invest fund launches, including understanding fund structure andjurisdictions, coordination with various internal/external parties, review of draft legal documentation for reporting requirements,negotiating lines of credit,and resourcingplanning
Must be a player-coachandeffectivelymanagerelationships with internal resources (both US and Mumbai based)andexternalproviders i.e.:fund administrator(s),andlenders
Assistinthe system identification, assessment, and implementationprocessesfor LPportalsolutions i.e.:eFront,Investran, andthe such
Assistinthe system identification, assessment, and implementationprocessesforAI solutionsi.e.:ProSights,Pryon
Contribute effectivelytothe innovation efforts for the structuring and implementation of a streamlined and centralized Investor Operations 360 platform
In-charge ofInvestor Relations efforts,includingdirectliaison with Investors, Wealth Manager/Financial Advisors
Participate inproject plans, milestones, and updates to executive management
Coordinatewith third party banking/lenderrelationshipsandinternal andexternal auditors to meet all monthly, quarterly,and annual reporting deadlines
Manage debt facilities and review compliance reporting,as applicable
Assistin the preparation ofquarterly reporting deliverables and process in partnership with fund administrator(s)
Responsible for ad-hoc limited partner,analyst,andinvestment teamrequests
Qualifications
Education:
BS/BAwith major inAccounting, EconomicsorFinance, with outstanding academic record
CPAor CFA,a plus
Experience Required:
3-5+ years of relevant work experience
Public accountingexperiencea plus(Big 4 preferred)
Ability to work in a fast-paced, high growth environment
Ability toassistin managing severalthird-partyrelationships
Strong understanding of U.S. GAAP, a plus
Strong verbal and written skills; ability to analyze and summarize complex information both verbally and in writing
Strong problem-solving and analytical skills
Ability to multi-task and manage various deadlines
Excellent organizational and interpersonal skills
Salesforceor other CRM systemexpertise,a plus
SungardDx, Intralinks,eFront,or similar investor portal implementation experience,a plus
General Requirements:
Proven experience of collaborating with teams in remote locations
StrongproficiencyinMicrosoftExcel,PowerPointand Word(e.g.:complex formulas, macros)
Experience with Power BI, Tableau. Alteryxor other business intelligence tools
Excellent time management skills and ability to collaborate with others
Superior communication skills and a demonstrated ability to create contentto a diverse audience
Strong client service orientation
Outstanding leadership and project management capabilities
Outstanding organizational skills with attention to detail
Ability to successfully manage multiple priorities and competing demands; result oriented
A solutions-oriented self-starter with the ability to see the big picture
An analytical mind and a passion/interest in bringingnew ideasto increase efficiency of existing processes
A demonstrated ability to research andleverageavailable resources toaccomplishthe task at hand
Good judgment in terms of escalating issues vs. solving problems independently
Comfort in dealing with ambiguity and uncertainty in a dynamic and fast-paced environment
Energetic, self-motivated, and team-oriented approach; a zest for challenges in a fast-paced, dynamic environment – often under pressure to meet demanding deadlines
Strong work ethic, an entrepreneurialspiritand a desire to learn
Dependable, great attitude, highly motivated and a team player
Highest degree of integrity,motivationand intellectual curiosity
Reporting Relationships
Associate Vice President, Co-InvestmentCompensation
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.
$100,000 - $120,000
The firm also offers robust Benefits offerings. Ares U.S. Core Benefits include 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.
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.
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.
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