VP, Data & Performance Reporting (Fund Accounting)
Ares Management
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 currently seeking an experienced Vice President to join the Data and Performance Reporting Group under Ares Private Equity Finance team.
The Vice President will work closely with the global F&A team in partnering across our enterprise with the Performance team, senior investment professionals, Investor Relations team, information technology resources and developers. The position will be focused specifically on performance reporting, data analytics and related database and system development. Specific responsibilities include the creation, maintenance, and enhancement of data tracking and reporting procedures, the development and troubleshooting of the Private Equity and Opportunistic Credit’s data infrastructure, and the creation of dashboards to enhance the reporting of investment-level and fund-level performance, supporting the investment decisions and marketing efforts, and enhance overall data analytics capabilities.
The candidate must have a background in data management or analytics and have a working knowledge of financial principles and key investment metrics such as TWR, IRR and MOIC. Some program management experience is preferred. This role will also require a dynamic, adaptive, and agile hands-on professional who will be capable of ensuring optimal performance and processes in a fast-paced rapidly growing environment.
Primary functions and essential responsibilities
Specific responsibilities include, but are not limited to:
- Data Integrity and Analysis:
- Ensure seamless data flow from the accounting system to database and dashboards.
- Identify data quality issues, evaluate how to process new transaction types and support data governance initiatives.
- Document data governance processes and provide training to F&A team and new hires.
- Data Engineering:
- Build and optimize data pipelines and ETL processes for high-quality data integration.
- Collaborate with data engineering teams to enhance data infrastructure and tracking platforms.
- Actively engaged in data testing and systemization.
- Develop innovative solutions to increase efficiency and enhance reporting and analytical capabilities of the team.
- Dashboard Maintenance and Development:
- Design, develop, and maintain intuitive dashboards and reports using data visualization tools like Power BI.
- Work with F&A team on regular dashboard reporting and troubleshot issues as needed.
- Work closely with F&A and deal team on dashboard development and ensure reports are user-friendly, accurate, and aligned with business needs.
- Performance Measurement and Analysis
- Calculate, monitor, evaluate, and analyze investment, sector, portfolio level and composite returns (TWR, IRR, Multiples, etc.)
- Manage and analyze portfolio and investment return data on various bases (levered, unlevered, gross, net, actual and projected).
- Research returns that are outside of acceptable ranges and ensure adherence to internal guidelines. Communicate results with internal groups.
- Drive consistency and standardization on performance metrics calculations across the respective business strategies within PE and Opportunistic Credit.
- Collaboration:
- Contribute expertise to team and organizational efforts in relation to systems and internal processes.
- Work directly with F&A and deal team for the collection and development of deal level and fund level models and returns.
- Participate in other projects as requested by management.
Qualifications
Experience Required:
- Bachelor’s degree in Finance, Accounting, Engineering, Computer Science, or a related field.
- Minimum of 7-10 years of related experience in financial accounting, performance, data analytics, or data science.
- Strong knowledge of data analytics, statistics, and data storytelling.
- Proficiency in analyze financial data from general ledgers and financial statements.
- Technically proficient with all MS Office applications like Excel (Macro), Visio, PowerPoint and visualization tools like Power BI
- Knowledge of fund operations, fund structures, and characteristics of various financial instruments preferred.
- Knowledge of GIPS and performance measurement concepts preferred.
- Knowledge of data architecture, database structures, and database design preferred.
- Project management experience preferred.
General Requirements:
- Ability to manage challenging workflow in-fast paced, dynamic organization, managing multiple assignments in a deadline-driven environment.
- Experience managing internal and external stakeholders and leading project prioritization discussions to drive product vision and roadmap.
- Ability to extract meaningful information from extensive research and analysis to effectively present facts and findings in a digestible format, a keen eye for attention to detail.
- Strong sense of ownership and accountability.
- Excellent organizational skills with the ability to manage competing priorities and lead large-scale projects to completion.
- Ability to multi-task and prioritize deadlines; result oriented.
- Change agent / leader, self-motivated, self-starter.
- High accuracy and attention to detail.
- Excellent communication skills (written, verbal, presentation, documentation) and client service skills; capability of interacting with key stakeholders to direct prioritization of program-related activity.
- Ability to analyze and summarize complex information clearly, both verbally and in writing.
- Experience in proactively identifying and analyzing problem situations to develop effective and improved courses of action for resolution.
- Ability to work independently within a fast-paced environment with a hands-on approach.
- Flexibility in working hours to coordinate with team members across time zones.
- Comfort dealing with ambiguity and uncertainty in a dynamic environment.
- Dependable, with a great attitude, highly motivated and a team player.
Reporting Relationships
Principal, Fund AccountingCompensation
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.
$175,000 - $210,000
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.