Vice President, Fund Accounting

Ares Management Corporation•Los Angeles, CA

1d•Onsite

About The Position

Ares Management is seeking a Vice President (“VP”) for our US Public Credit accounting team. The VP will be responsible for overseeing the day-to-day accounting and operations of several semi-liquid closed end U.S. Direct Lending funds and several controlled portfolio companies of the publicly traded business development companies (“BDCs”).

Requirements

Bachelor’s Degree in Accounting, Finance, or related field
Minimum 10+ years of experience in fund accounting preferred
Public accounting experience, Big 4 (preferred)
Industry experience, specifically with bank debt preferred
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)
Experience with Advent Geneva, Microsoft Dynamics 365 Business Central or Onestream software a plus
PowerBI, Alteryx, Anaplan or other business intelligence tools a plus

Responsibilities

Assist with preparation and review of US GAAP financial statements for monthly, quarterly, semi-annual, and annual reporting deadlines for the various funds.
Collaborate cross-functionally with investment, portfolio management, legal, tax, operations, and finance teams to ensure efficient transaction execution, effective risk management, and seamless post-close integration.
Serve as a trusted advisor to key stakeholders, facilitating alignment across functions and driving successful outcomes throughout the investment lifecycle
Assist in managing relationships and liaising with internal resources, fund administers and auditors to meet all deadlines.
Provide the BDCs and management company with data for quarterly SEC filings.
Review quarterly waterfall calculations and review monthly distribution reports from the trustee.
Assist with monthly/quarterly close process and review of various financial statement account balance reconciliations and workpapers.
Oversee and review daily, monthly and quarterly NAV packages from the fund administrator.
Provide and review detailed reporting to investors and internal constituents (portfolio managers, investor relations)
Provide compliance reporting (Form PF, ADV, etc.)
Demonstrates innovation and strategic thinking in driving business priorities, optimizing processes and leading organizational change
Provides oversight and direction on large-scale and complex transformational projects