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 a Vice President (“VP”) for our US Public Credit accounting team. The VP will be responsible for overseeing the day-to-day accounting and operations of several semi-liquid closed end U.S. Direct Lending funds and several controlled portfolio companies of the publicly traded business development companies (“BDCs”).     

Primary functions and essential responsibilities

• Assist with preparation and review of US GAAP financial statements for monthly, quarterly, semi-annual, and annual reporting deadlines for the various funds.
• Collaborate cross-functionally with investment, portfolio management, legal, tax, operations, and finance teams to ensure efficient transaction execution, effective risk management, and seamless post-close integration.
• Serve as a trusted advisor to key stakeholders, facilitating alignment across functions and driving successful outcomes throughout the investment lifecycle
• Assist in managing relationships and liaising with internal resources, fund administers and auditors to meet all deadlines.
• Provide the BDCs and management company with data for quarterly SEC filings.
• Review quarterly waterfall calculations and review monthly distribution reports from the trustee.
• Assist with monthly/quarterly close process and review of various financial statement account balance reconciliations and workpapers.
• Oversee and review daily, monthly and quarterly NAV packages from the fund administrator.
• Provide and review detailed reporting to investors and internal constituents (portfolio managers, investor relations)
• Provide compliance reporting (Form PF, ADV, etc.)
• Demonstrates innovation and strategic thinking in driving business priorities, optimizing processes and leading organizational change
• Provides oversight and direction on large-scale and complex transformational projects

Qualifications

Education:

• Bachelor’s Degree in Accounting, Finance, or related field

Certification:

• CPA (preferred)

Experience Required:  

• Minimum 10+ years of experience in fund accounting preferred
• Public accounting experience, Big 4 (preferred)
• Industry experience, specifically with bank debt preferred
• Experience with Advent Geneva, Microsoft Dynamics 365 Business Central or Onestream software a plus

General Requirements:

• Ability to work independently in a fast-paced, high growth environment
• Highly motivated team player with a strong work ethic
• Strong understanding of US GAAP
• Strong knowledge of accounting principles, financial instruments, and regulatory requirements
• Strong problem-solving and analytical skills
• Strong verbal and written skills; ability to analyze and summarize complex information both verbally and in writing
• Ability to multi-task and manage various deadlines
• Excellent organizational and interpersonal skills
• Intermediate or advanced Excel user (e.g. complex formulas, macros)
• PowerBI, Alteryx, Anaplan or other business intelligence tools a plus

Reporting Relationships

Compensation

$200,000

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.