Apply on Employer Site

Ares Management · 2 weeks ago

Associate Vice President, Fund Accounting

Los Angeles, CA

Full-time

Hybrid

Mid, Senior Level

$160K/yr - $180K/yr

6+ years exp

Ares Management is a dynamic organization committed to fostering a collaborative and inclusive work environment. They are seeking an Associate Vice President to oversee fund operations and reporting, ensuring accurate financial and performance reporting for multiple funds.

Asset ManagementBusiness DevelopmentCreditFinanceFinancial ServicesInsurance

Growth Opportunities

H1B Sponsor Likely

Responsibilities

Day-to-day hands-on responsibility and execution of fund operations and fund reporting

Fund structures may include fund-of-fund structures, joint ventures, closed-ended and open-ended structures, domiciled in various countries including the U.S., Cayman Islands, Luxembourg and Netherlands

Assist in managing overall fund liquidity, including daily cash review and projections, investor capital calls and distributions, and day-to-day management of cash movement with banks in accordance with legal, tax and other governing documents

Detailed, timely and insightful review of monthly/quarterly NAV reconciliations with third-party fund administrator(s) and coordination with external auditors with minimal oversight

Review of quarterly and annual GAAP financial statements and footnote disclosures for multiple funds

Proactive operational coordination with investment operations teams and other operational stakeholders

Processing and monitoring of expense payments and processes, including establishing a budget, and the approval and payment of expenses and related wires in compliance with fund governing documents and firm policy

Responsible for quality and timely information provided to the tax team for quarterly tax estimates and annual tax returns

Compile data for, complete and/or review regulatory compliance filings, including Form ADV, Form PF, AIFMD Filings, Form SLT, etc

Ongoing support for investor inquiries including compilation of monthly and quarterly custom deliverables to investors and/or other stakeholders

Acquire strong understanding of legal governing documents and tax structure so as to comply and monitor fund operations accordingly

Actively contribute to team objectives, including continuous improvements for efficiency, standardization and documentation of processes from risk-based perspective, and proactively seeking automated solutions for repetitive processes

Cultivate strong working relationship and collaborate closely with Investor Relations counterparts

Qualification

Fund accountingCPA licenseInvestment accountingMicrosoft ExcelAudit experienceFund structure knowledgeGeneva softwarePower BIProblem-solving skillsInterpersonal skillsOrganizational skillsCommunication skillsTeam player

Required

Bachelor's Degree required

6+ yrs relevant industry experience (preferably some experience with Asset manager(s))

Strong proficiency in Microsoft Excel required

High level of commitment, work-ethic, dependability, accountability, curiosity and self-awareness

Positive team player with mature interpersonal skills

Strong problem-solving and analytical skills, high attention to detail, strong organizational skills, demonstrates resourcefulness and ability to produce quality deliverables with high accuracy

Ability to take initiative and see tasks through to completion

Excellent verbal and written skills; ability to analyze and summarize complex information

Ability to balance multiple tasks and be flexible with shifting or competing priorities, and successfully collaborate with team members in various regions and time zones

Ability to thrive in a fast-paced, high growth environment

Preferred

Licensed CPA (active or inactive) preferred

Audit background at Big 4 accounting firm preferred

Broad investment accounting experience across alternatives strategies (ie: credit, private equity, real assets and partnership interests)

Broad fund structure exposure, in particular closed-ended funds and fund-of-funds structures

Familiarity with systems such as Geneva and Power BI highly desirable

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)

Commuter Benefits plan for parking and transit

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

Company

Ares Management

Glassdoor4.1

Ares Management is an alternative asset manager focusing on credit, private equity, and real estate.

Founded in 1997

Los Angeles, California, USA

1001-5000 employees

http://www.aresmgmt.com

H1B Sponsorship

Ares Management has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (7)

2023 (1)