Associate Vice President, Fund Accounting

Ares Management Corporation•Boston, MA

2d•$140,000 - $180,000

About The Position

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 The Ares Secondaries team specializes in secondary market transactions of private equity, real estate, credit and infrastructure investments with AUM of approximately $38 billion as of September 30, 2025. The team is currently looking to hire an Assistant Vice President to join our dynamic Finance team of approximately 60 professionals located in our West Hartford, CT, Boston, MA, New York, NY and Mumbai locations.

Requirements

Bachelor’s degree in accounting or finance
5-8 years experience in private equity fund investment accounting or public accounting.
Strong record of academic achievement and will be self-motivated.
Ability to work both independently and as a productive member of a team.
Strong financial analysis, writing and presentation skills.
Proficient in Microsoft Excel and Word.
Strong work ethic, detail oriented and strong organization skills.

Responsibilities

Manage cash needs across Ares Secondaries’ private equity, real estate, credit or infrastructure vehicles.
Supervise and develop junior staff and provide ongoing training and feedback.
Manage quarterly close processes, including review work of accounting staff and third-party administrators, along with producing original workpapers and analyses.
Preparation of quarterly and annual GAAP financial statements and footnote disclosures for multiple funds as well as capital account summaries for limited partners.
Preparation of calculation of performance fees/waterfall calculations.
Preparation and review cash flow projections and daily cash management, including activity on credit lines, expected settlement timing of purchases and underlying investment cash activity, and timing of investor capital calls and distributions.
Preparation and review of investor capital call and distribution calculations and quarterly management company deliverables.
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.
Prepare and assist with ad-hoc limited partner reporting, analysis and other requests.
Coordinate with external auditors to ensure audit deadlines are met.