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 Corporation is seeking an Assistant Controller or Fund Controller to join our dynamic, collaborative fund accounting team focused on the Alternative Credit platform. This role will be focused on being the lead on the Private IG and Insurance mandates based out of New York. The role will entail substantial partnership with our Operations, Investor Relations, Portfolio Manager stakeholders as well as collaboration across multiple office locations around the global, particularly between New York, Los Angeles and Mumbai locations.

Responsibilities

• Drive team projects and initiatives that focus on creating operational efficiencies and scale.
• Review weekly liquidity/cash flow projections to ensure our accounts have sufficient liquidity to meet future deal fundings.
• Review capital call and distribution calculations and deliverables.
• Review monthly and quarterly NAV packages, including cash and position reconciliations, capital allocations, calculation of management fees and waterfall calculations and investor account statements prepared by fund administrators.
• Review and approve wires for expense payments and capital distributions.
• Review management company reporting for quarterly SEC filings.
• Review monthly and quarterly investor deliverables and other ad-hoc reporting for investor relations, analysts, and portfolio managers.
• Review deal and fund level performance metrics such as internal rates of return, MOIC, time-weighted returns, etc.
• Review governing documents for the mandates. and ensure compliance with terms and guidelines.
• Review key regulatory reporting (Form PF, TIC SLT, AIFMD, Form ADV).
• Liaise and build strong relationships with teams across the organization, including investor relations, portfolio managers, legal, tax and operations along with external parties such as fund administrators, custodians, and external auditors.
• Assist with new launches, including review of governing documents, account structures and jurisdictional requirements, and operational set-up with internal and external parties.

Qualifications:

• Bachelors of Science in Accounting or higher education
• 7-10 years of relevant professional experience
• Public and private accounting experience (Big 4 accounting preferred)
• CPA preferred
• Experience with insurance clients and insurance products from an asset manager standpoint strongly preferred
• Experience with credit products preferred
• Ability to work in a fast-paced, high growth environment
• Experience with external fund administrators
• Strong understanding of U.S. GAAP
• Strong verbal and written skills; ability to analyze and summarize complex information both verbally and in writing
• Strong problem-solving and analytical skills
• Ability to multi-task and manage various deadlines
• Excellent organizational and interpersonal skills

Technology Skills:

• Advent Geneva experience a plus
• Strong Excel skills (e.g. complex formulas, macros)
• PowerBI, Alteryx, or other business intelligence tools a plus

Reporting Relationships

Compensation

$190,000 - $220,000

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.