Fund Controller – Insurance & Alternative Credit

Ares OperationsWest Hartford, NY
15d$200,000 - $230,000

About The Position

Ares Management Corporation is seeking a forward-thinking Fund Controller to lead the financial operations and strategic build-out of our Insurance and Private Investment Grade (IG) mandates within the Alternative Credit platform. This role is not just about managing fund accounting— it’s about shaping the future of our insurance solutions business by building scalable infrastructure, driving operational excellence, and serving as a key partner to investment professionals and senior leadership. The ideal candidate will bring deep technical expertise , a proactive mindset, and a collaborative spirit to evolve our platform across global offices including New York, Los Angeles, and Mumbai.

Requirements

  • Bachelor’s degree in Accounting or Finance
  • 10+ years of experience in fund accounting or financial operations, ideally within insurance asset management or credit-focused platforms
  • Proven track record of building financial infrastructure in high-growth environments
  • Strong understanding of insurance products, credit instruments, and fund structures
  • Excellent communication and stakeholder management skills across technical and non-technical audiences
  • Experience with external fund administrators and global operational teams
  • Deep knowledge of U.S. GAAP and regulatory reporting requirements
  • Advanced Excel skills (macros, complex formulas)

Nice To Haves

  • CPA strongly preferred
  • Advent Geneva experience a plus
  • Familiarity with PowerBI , Alteryx, or other business intelligence tools

Responsibilities

  • Act as a strategic finance partner to Portfolio Managers, Investor Relations, and Operations, translating complex fund data into actionable insights
  • Collaborate with investment teams to evaluate new structures, support deal execution, and ensure operational readiness
  • Lead cross-functional initiatives to enhance transparency, performance analytics, and investor engagement
  • Influence decision-making by providing financial clarity and risk-aware recommendations across mandates
  • Architect and implement scalable fund accounting processes to support new product launches and AUM growth
  • Drive automation and process improvement across NAV and fee calculations , capital activity, and investor reporting
  • Lead integration of new systems, tools, and workflows to enhance data accuracy and reporting efficiency
  • Partner with global teams to harmonize fund operations across jurisdictions and time zones
  • Ensure full compliance with governing documents, regulatory frameworks (Form PF, TIC SLT, AIFMD, ADV), and internal controls
  • Oversee fund administrator deliverables including NAV packages, capital calls/distributions, and investor statements
  • Review and approve wires, regulatory filings , and management company reporting
  • Monitor liquidity and cash flow projections to support investment activity and funding needs
  • Review and interpret fund-level performance metrics including IRR, MOIC, and time-weighted returns
  • Support investor relations with tailored reporting and ad-hoc analysis for stakeholders and analysts
  • Assist in the launch of new mandates, including structuring, jurisdictional setup, and operational onboarding

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

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What This Job Offers

Job Type

Full-time

Career Level

Mid Level

Number of Employees

1,001-5,000 employees

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