Associate Vice President, Fund Accounting

Ares Operations•New York, NY

19h

About The Position

Ares Management is seeking an Associate Vice President (“AVP”) for our Infrastructure accounting team. The AVP will be responsible for the day-to-day accounting and reporting of a business development company "BDC", with a primary focus on investment related activities and accurately reporting the monthly/quarterly net asset value per share. The BDC is a registered investment company which is regulated by the investment company act of 1940. The AVP will also be responsible for assisting with corporate accounting functions at Ares Management.

Requirements

Bachelor’s Degree in Accounting, Finance, or related field
Minimum 6-9 years of experience in fund accounting preferred
Public accounting experience, Big 4 (preferred)
Industry experience preferred
Public reporting experience
Ability to work independently in a fast-paced, high growth environment
Highly motivated team player with a strong work ethic
Strong understanding of US GAAP
Strong knowledge of accounting principles, financial instruments, and regulatory requirements
Strong problem-solving and analytical skills
Strong verbal and written skills; ability to analyze and summarize complex information both verbally and in writing
Ability to multi-task and manage various deadlines
Excellent organizational and interpersonal skills
Intermediate or advanced Excel user (e.g. complex formulas, macros)

Nice To Haves

CPA (preferred)
PowerBI, Alteryx, Anaplan or other business intelligence tools a plus

Responsibilities

Assist with preparation of US GAAP financial statements for monthly reporting and quarterly and annual SEC filings (10K, 10Q, 8K, N-2, etc.)
Preparation of quarterly footnote and MD&A disclosures and other analyses, as needed
Oversee and review monthly and quarterly NAV packages from the fund administrator.
Assist with monthly/quarterly close process and preparation of various financial statement account balance reconciliations and workpapers.
Work closely with operations and other groups in managing daily cash and position breaks
Manage daily cash activities, including processing payments, approving and coding invoices and posting to the general ledger.
Assist in managing relationships and liaising with internal resources, fund administers and auditors to meet all deadlines.
High level of interaction across the organization, including communications with portfolio managers, investor relations, legal, compliance, operations, tax, FP&A and financial reporting.
Provide the BDC and management company with data for quarterly SEC filings.
Prepare quarterly distribution waterfall calculations.
Provide and review detailed reporting to investors and internal constituents (portfolio managers, investor relations)
Provide compliance reporting (Form PF, ADV, etc.)
Work with the tax team to administer timely and thorough payment of tax estimates and liabilities for all legal entities that require special handling.
Participate and contribute to firm initiatives and team specific projects and deliverables to improve effectiveness, efficiency, and accuracy
Participate and contribute to regular review of processes and deliverables to improve effectiveness, efficiency, accuracy to ensure scalability as the firm continues to grow rapidly.
Various ad-hoc/special projects.