Accounting Associate, Commercial Finance

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Tarrytown, NY, USA
In-Office
Real Estate
The Role
Over the last 20 years, Ares’ success has been driven by our people and our culture. Today, our team is guided by our core values – Collaborative, Responsible, Entrepreneurial, Self-Aware, Trustworthy – and our purpose to be a catalyst for shared prosperity and a better future. Through our recruitment, career development and employee-focused programming, we are committed to fostering a welcoming and inclusive work environment where high-performance talent of diverse backgrounds, experiences, and perspectives can build careers within this exciting and growing industry.

Job Description

Ares Management is seeking an accounting Associate for its Commercial Finance (ACF) team. ACF is a leading provider of asset-backed loans to middle-market businesses across the US and Canada. Join our collaborative Commercial Finance team and help drive operational excellence while building your career in accounting and finance.

Position Summary

We are seeking a motivated Accounting Associate with 3-5 years of experience in accounting or finance to join our team. This is an excellent opportunity for someone early in their career who is eager to learn, grow, and contribute to a dynamic organization. You’ll gain hands-on experience in financial reporting, account reconciliation, general ledger maintenance, and project-based assignments, all while working alongside experienced professionals who are invested in your development.

Key Responsibilities

Financial Reporting

  • Reconcile loan ledger to the general ledger daily and maintain daily cash reconciliation.
  • Prepare and post loan ledger and adjusting entries in the general ledger (MS Dynamics 365).
  • Support GL account reconciliations and prepare adjusting entries.
  • Apply proper accounting treatment to transactions and ensure accurate revenue recognition.
  • Maintain good faith deposit records and respond to internal/external inquiries from business users and clients.
  • Set up and maintain client payoff records and coordinate return of reserves.
  • Reconcile foreign currency transactions and monthly FX contracts.
  • Prepare monthly supporting schedules and assist with financial analysis and variance commentary.
  • Assist in preparing management reporting decks.
  • Support external and bank audit requests.
  • Help with filings and data submissions to external authorities.
  • Assist with 1099 and 1042 annual tax reporting.
  • Oversee accounts payable by tracking and reconciling payments in the COUPA platform, resolving inquiries, and collaborating with teams.
  • Document internal processes and controls.
  • Support ad-hoc reporting, acquisitions, system/process improvements, and external requests.
Qualifications

Education

  • Bachelor’s degree in Accounting or Finance required.
  • Additional certifications (CPA, etc.) are a plus but not required.

Experience

  • 3–5 years of experience in accounting or finance.
  • Proficiency in MS Excel (pivot tables, VLOOKUPs, HLOOKUPs, etc.).
  • Familiarity with MS PowerPoint.
  • Experience with Microsoft Dynamics 365, COUPA, or similar platforms is a plus.

General Requirements

  • Positive attitude and eagerness to learn.
  • Ability to prioritize and manage multiple tasks.
  • Strong communication and analytical skills.
  • High attention to detail.
Why Join Us?
  • Mentorship: Work closely with experienced professionals who will support your growth.
  • Learning: Gain exposure to a variety of accounting and finance functions, with a strong emphasis on financial reporting, while also developing an understanding of the business.
  • Career Growth: Opportunities to take on new challenges and advance within the company.
  • Team Culture: Join a supportive, collaborative, and high-performing team.

Reporting Relationships

Compensation

The anticipated base salary range for this position is listed below. Total compensation may also include a discretionary performance-based bonus. Note, the range takes into account a broad spectrum of qualifications, including, but not limited to, years of relevant work experience, education, and other relevant qualifications specific to the role.

$90,000 - $120,000

The firm also offers robust Benefits offerings. Ares U.S. Core Benefits include 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), and Commuter Benefits plan for parking and transit.

Ares offers a number of additional benefits including 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, and much more.

There is no set deadline to apply for this job opportunity. Applications will be accepted on an ongoing basis until the search is no longer active.

Ares Management Corporation Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Ares Management Corporation and has not been reviewed or approved by Ares Management Corporation.

  • Healthcare Strength Healthcare coverage is described as comprehensive, with strong medical, dental, and vision offerings alongside mental-health resources and wellness initiatives. Access to a medical advisory/concierge service and supportive programs reinforces perceived quality.
  • Parental & Family Support Family-building supports include generous primary and non‑primary caregiver leave, reproductive and adoption assistance, and breast‑milk shipping. Backup child and elder care adds further practical support for caregivers.
  • Leave & Time Off Breadth Time‑off programs include competitive PTO, a firmwide Winter Break, and an August Work From Anywhere option. These firmwide programs complement standard leave to provide periodic flexibility.

Ares Management Corporation Insights

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The Company
HQ: Los Angeles, CA
2,135 Employees
Year Founded: 1997

What We Do

Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, private equity, real estate and infrastructure asset classes. We seek to provide flexible capital to support businesses and create value for our stakeholders and within our communities. By collaborating across our investment groups, we aim to generate consistent and attractive investment returns throughout market cycles. As of December 31, 2025, Ares Management Corporation's global platform had approximately $623 billion of assets under management with approximately 4,200 employees operating across North America, South America, Europe, Asia Pacific and the Middle East. Cybersecurity & Fraud Prevention: https://www.aresmgmt.com/fraud-awareness

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