Associate, Fund Accounting
Ares Management, Boston, MA, United States
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
The Ares Secondaries team specializes in secondary market transactions of private equity, real estate, credit and infrastructure investments with AUM of approximately $38 billion as of September 30, 2025. The team is currently looking to hire an Associate to join our dynamic Finance team of approximately 60 professionals located in our West Hartford, CT, Boston, MA, New York, NY and Mumbai locations.
Responsibilities
Manage cash needs across Ares Secondaries’ private equity, real estate, credit or infrastructure vehicles
Prepare capital call and distribution calculations
Track and reconcile daily cash flows for various Ares Secondaries investment partnerships
Facilitate wire payments to vendors, to/from underlying investments and third parties
Monitor and report on fund investments across various limited partnership interests
Perform a detailed analysis of financial statements from underlying fund managers
Maintain fund general ledger and trial balances
Coordinate with external auditors to ensure audit deadlines are met
Prepare quarterly and annual GAAP financial statements and footnote disclosures for multiple funds as well as capital account summaries for limited partners.
Qualifications
Education: Bachelor’s degree in accounting or finance
Experience Required: 2-4 years’ experience in private equity fund investment accounting or public accounting
General Requirements
Strong record of academic achievement and will be self‑motivated
Ability to work both independently and as a productive member of a team
Strong financial analysis, writing and presentation skills
Proficient in Microsoft Excel and Word
Strong work ethic, detail oriented and strong organization skills
Reporting Relationships
Assistant Fund Controller
Compensation
The anticipated base salary range for this position is $100,000 - $120,000. Total compensation may also include a discretionary performance-based bonus. The firm also offers robust benefits offerings including 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 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.
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Job Description
The Ares Secondaries team specializes in secondary market transactions of private equity, real estate, credit and infrastructure investments with AUM of approximately $38 billion as of September 30, 2025. The team is currently looking to hire an Associate to join our dynamic Finance team of approximately 60 professionals located in our West Hartford, CT, Boston, MA, New York, NY and Mumbai locations.
Responsibilities
Manage cash needs across Ares Secondaries’ private equity, real estate, credit or infrastructure vehicles
Prepare capital call and distribution calculations
Track and reconcile daily cash flows for various Ares Secondaries investment partnerships
Facilitate wire payments to vendors, to/from underlying investments and third parties
Monitor and report on fund investments across various limited partnership interests
Perform a detailed analysis of financial statements from underlying fund managers
Maintain fund general ledger and trial balances
Coordinate with external auditors to ensure audit deadlines are met
Prepare quarterly and annual GAAP financial statements and footnote disclosures for multiple funds as well as capital account summaries for limited partners.
Qualifications
Education: Bachelor’s degree in accounting or finance
Experience Required: 2-4 years’ experience in private equity fund investment accounting or public accounting
General Requirements
Strong record of academic achievement and will be self‑motivated
Ability to work both independently and as a productive member of a team
Strong financial analysis, writing and presentation skills
Proficient in Microsoft Excel and Word
Strong work ethic, detail oriented and strong organization skills
Reporting Relationships
Assistant Fund Controller
Compensation
The anticipated base salary range for this position is $100,000 - $120,000. Total compensation may also include a discretionary performance-based bonus. The firm also offers robust benefits offerings including 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 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.
#J-18808-Ljbffr