Associate Vice President Fund Accounting at Ares Management
Overview
The Associate Vice President will lead the Alternative Credit Fund Accounting team driving operational excellence across a diverse set of investment vehicles. This role offers significant exposure to portfolio management investor relations treasury and technology while providing opportunities to mentor junior staff and foster a collaborative environment. The ideal candidate thrives in dynamic settings and seeks to scale the platform through automation and process improvements.
What You'll Do11
- 1Become a key member of the Alternative Credit fund accounting team supporting a diverse set of credit strategies and investment structures.
- 2Assume ownership of one or more funds managing day-to-day accounting operational deliverables liquidity and investor servicing requirements.
- 3Prepare and oversee weekly liquidity and cash flow forecasting across multiple vehicles ensuring sufficient liquidity for investment activity financing obligations and operating requirements.
- 4Manage and monitor multiple credit facilities subscription lines borrowing bases lender reporting and financing compliance requirements.
- 5Coordinate across fund structures and investor entry points including flagship funds feeder vehicles rated note feeders co-investments SMAs SPVs and strategic partnerships.
- 6Collaborate with fund administrators reviewing capital call and distribution calculations investor deliverables and monthly NAV packages including cash position reconciliations capital allocations management fee calculations incentive fee allocations and carry waterfall calculations.
- 7Perform detailed review and validation of management fee calculations incentive allocations and carry waterfall models across multiple vehicles and investor structures.
- 8Prepare monthly expense accruals assist in expense payment and budgeting processes and review quarterly and annual financial statements in accordance with U.S. GAAP.
- 9Support management company and regulatory reporting requirements including Form PF AIFMD TIC reporting and other filings.
- 10Partner with Investor Relations to provide performance reporting liquidity analyses and bespoke reporting needs.
- 11Analyze new transactions financing arrangements and fund structures to determine appropriate accounting treatment operational workflows and reporting implications.
Requirements11
- 17-10 years of relevant professional experience in fund accounting audit asset management or alternative investments
- 2Public accounting experience preferred especially Big 4 with CPA certification
- 3Direct experience with credit products and alternative credit strategies and understanding of closed-end fund structures financing arrangements and multi-vehicle platforms
- 4Ability to validate management fee calculations incentive fee allocations and carry waterfall models
- 5Strong knowledge of U.S. GAAP and fund accounting principles
- 6Exceptional attention to detail commitment to accuracy and quality
- 7Analytical problem-solving skills critical thinking and ability to operate in dynamic environments
- 8Experience with Power BI Alteryx Anaplan or similar automation tools
- 9Interest in leveraging technology and automation to improve operational processes
- 10Strong communication skills clear articulation of complex information across stakeholder groups
- 11Demonstrated organizational skills ability to manage multiple deadlines independently
Salary Insight
$140 - $180k per year
Location
Required Skills
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