Senior Associate, Fund Accounting

Ares Management Corporation•New York, NY

6d•$115,000 - $145,000

About The Position

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 a Senior Associate 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
3-6 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.

Nice To Haves

CPA or other equivalent certification preferred.

Responsibilities

Manage cash needs across Ares Secondaries’ private equity, real estate, credit or infrastructure vehicles.
Prepare investor capital call and distribution calculations and quarterly management company deliverables.
Track and reconcile daily cash flows for various Ares Secondaries investment partnerships.
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.
Maintain fund general ledger and trial balances.
Prepare and assist with ad-hoc limited partner reporting, analysis and other requests.
Prepare calculation of performance fees and waterfalls.
Prepare quarterly and annual GAAP financial statements and footnote disclosures for multiple funds as well as capital account summaries for limited partners.
Coordinate with external auditors to ensure audit deadlines are met.