Senior Associate, Fund Accounting

Ares Operations•New York, NY

20h

About The Position

The Infrastructure Debt Division invests into subordinated debt investments through pooled closed end fund vehicles, through its established Infrastructure Debt Fund “IDF Series”. We manage investments globally predominantly in the US, Canada, Europe and Australia. The investors in the closed end funds are institutional investors from Asia, Middle East, Europe, US & Canada. The Senior Associate role sits within the Ares Infrastructure Debt Accounting Team which is currently a team of 10 people in New York, Syndey and Mumbai, reporting into the Chief Accounting Officer – Infrastructure based in New York. The Senior Associate is responsible for supporting the IDF strategy and providing support to other team members across the infrastructure debt finance platform.

Requirements

Bachelor’s in commerce, business, finance or accounting
CA / CPA qualified
Strong team player with stakeholder management skills
Planning skills with strong outcomes focus
Project management skills and ability to work on multiple projects while adhering to strict deadlines
High level of business acumen
High attention to detail
Ability to work under pressure and deadlines
Ability to work autonomously within a team environment
Accounting experience (minimum 5 years+)
Robust technical skills in financial reporting and tax

Nice To Haves

Prior exposure to Private Equity / Infrastructure transactions and structures, international funds, or funds management is preferred

Responsibilities

Participate in and actively lead the continuous development and improvement of business processes and systems to ensure efficient and effective management of processes, operational risk and key clients (both internal and external).
Explain the impact of accounting issues and key processes to external clients
Preparation of the Quarterly performance reports for Infrastructure debt funds
Provide support to the IDF Finance Team
Review the preparation of the Funds annual statutory financial statements to ensure they are accurate and prepared in accordance with applicable accounting standards
Review the Funds’ annual income tax returns and liaise with external tax advisor
Ensure all accounting, taxation, compliance and regulatory reporting requirements of the Fund & investors are delivered on time & accurately
Assist investment team in the acquisition and repayment of assets, facilitate new product / structure establishment
Ensure complete understanding and adherence to mandate and regulatory requirements for all Funds
Ensure compliance with the organisation’s policies and procedures
Contribute to the scoping, designing and developing of efficiencies and improvements
Provide support in developing and maintaining a continuous improvement mindset in improving efficiency and eliminating risks to the business created through non-adherence to policies and procedures