Associate, Fund Accounting (RE)

Job Description

PRIMARY FUNCTIONS AND ESSENTIAL RESPONSIBILITIES
 As a member of the team focus on Fund Accounting, supporting Ares’ Real Estate Private Equity
and Debt business.
 Ensure process and procedures are adequate to meet quality standards and are consistently applied
and reviewed regularly.
 Work with and liaise with internal resources (Colleagues in India, US and UK), external Fund/SPV
administrators, and external auditors to meet all quarterly, and annual reporting
requirements/deadlines.
 Perform quarterly close processes, including booking journal entries and loan interest accruals.
 Review work of external administrators, along with producing workpapers and analysis.
 Review quarterly and annual GAAP financial statements and footnote disclosures for multiple Funds,
capital account summaries for limited partners, investor reports, presentations, questionnaires, and
Management Co. reports feeding into Ares public filing.
 Review and/or reperform calculation of management fees, AUM, NAV etc.
 Produce cash flow projections and analyze daily cash management, including activity on credit lines,
expected settlement timing of purchases and sales, and timing of capital calls and distributions.
 Monitor compliance with the Fund’s Limited Partnership Agreements and credit facilities, including
the preparation or review of compliance reporting.
 Prepare and assist with ad-hoc limited partner reporting and front-office requests to ensure timely
response to our investors
 Assist with preparation of information provided to tax team for quarterly tax estimates and annual
returns.
 Review capital activity documentation including drawdown and repayment notices on financing
instruments, dividend declarations, and board meeting minutes and shareholder resolutions.
 Review and approval of expense activity.
 Maintain Fund dashboards and manage track record.
 Support fund models data processing.
 Actively work on continuous improvement.

QUALIFICATIONS
Qualification:
 Approximately 3-5 years of relevant work experience
 Chartered Accountant/CPA/MBA Finance.
General Requirements:
 Knowledge of private equity structures, alternative investments is a must.
 Big-4 public accounting experience strongly preferred.
 Ability to work in a fast-paced, high growth environment; excited about working in a start-up
environment with the backing and infrastructure of a well-established industry leader.
 Strong communication skills will be important; ability to analyze and summarize complex
information both verbally and in writing with colleagues in US and UK.
 Ability to assist in managing several third-party relationships (outside administrators, custodians)
 Strong problem-solving and analytical skills; ability to multi-task and manage various deadlines.
 Excellent organizational and interpersonal skills; attention to detail and timelines required.
 Experience with certain systems (Advent Geneva; Investran;) experience a plus; requires day to day
use of Excel. Knowledge of Power BI, JIRA is a plus.
 Strong work ethics

Reporting Relationships

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.