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

Primary functions & responsibilities

• Responsible for accounting for various revenue streams at the Management Corporation, including:

• Managing end to end revenue cycle for Management Company– from revenue recognition to cash Identification and bookings for Management fees, Performance Fees, Admin Fees, various Other Fees.
• Working on variance analysis for various revenue streams for Sr. management review.
• Working on allocation basis for Administration fees to be billed to various funds and managing the Time Certification Survey to arrive at the allocation basis.
• Working on Capital Calls and Distribution notices for Management Co investments
• Preparing journal entries as required for all areas associated with various revenue stream.
• Preparation of detailed reconciliations for various revenue accounts – monthly / quarterly.
• Identifying, leading, supporting process improvements, automations to make the processes scalable
• Liaising with the internal and external auditors
• Present analysis to global team, work on 10Q reporting etc. for the assigned areas.

Qualifications

Education:

Chartered Accountant – ~ 3-5 Years for Associate and ~ 6-9 Years Sr. Associate

Experience Required:  

• Revenue and investment accounting.
• Financial services, Asset Management industry experience is preferred
• Public accounting experience preferred.

General Requirements:

• Excellent communication skills.
• Strong proficiency in Excel, PowerPoint, Word, and Outlook.
• Oracle working knowledge preferred.
• Strong organizational skills and attention to detail but can still see big picture.
• Ability to work independently in a fast-paced environment.

Reporting Relationships

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 Applications will be accepted on an ongoing basis until the search is no longer active.