Senior Associate, Fund Accounting

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 DescriptionThe Infrastructure Debt Division invests into subordinated debt investments through pooled closed end fund vehicles, through its established Infrastructure Debt Fund "IDF Series".We manage investments globally predominantly in the US, Canada, Europe and Australia. The investors in the closed end funds are institutional investors from Asia, Middle East, Europe, US & Canada. The Senior Associate role sits within the Ares Infrastructure Debt Accounting Team which is currently a team of 10 people in Sydney, Mumbai & New York reporting into the Chief Accounting Officer - Infrastructure Debt based in New York.The Senior Associate is responsible for supporting the IDF strategy and providing support to other team members across the infrastructure debt finance platform.Primary functions and essential responsibilitiesParticipate in and actively lead the continuous development and improvement of business processes and systems to ensure efficient and effective management of processes, operational risk and key clients (both internal and external).Explain the impact of accounting issues and key processes to external clientsPreparation of the Quarterly performance reports for Infrastructure debt fundsProvide support to the IDF Finance TeamReview the preparation of the Funds annual statutory financial statements to ensure they are accurate and prepared in accordance with applicable accounting standardsReview the Funds' annual income tax returns and liaise with external tax advisorEnsure all accounting, taxation, compliance and regulatory reporting requirements of the Fund & investors are delivered on time & accuratelyAssist investment team in the acquisition and repayment of assets, facilitate new product structure establishmentEnsure complete understanding and adherence to mandate and regulatory requirements for all FundsEnsure compliance with the organisation's policies and proceduresContribute to the scoping, designing and developing of efficiencies and improvementsProvide support in developing and maintaining a continuous improvement mindset in improving efficiency and eliminating risks to the business created through non-adherence to policies and proceduresQualificationsEducation: Bachelor's in commerce, business, finance or accountingCA CPA qualifiedSkills and Abilities Required: Strong team player with stakeholder management skillsPlanning skills with strong outcomes focusProject management skills and ability to work on multiple projects while adhering to strict deadlinesHigh level of business acumenHigh attention to detailAbility to work under pressure and deadlinesAbility to work autonomously within a team environmentAccounting experience (minimum 5+ years), robust technical skills in financial reporting and taxPrior exposure to Private Equity Infrastructure transactions and structures, international funds, or funds management is preferredReporting RelationshipsCompensationThe anticipated base salary range for this position is listed below. Total compensation may also include a discretionary performance-based bonus. Note, the range takes into account a broad spectrum of qualifications, including, but not limited to, years of relevant work experience, education, and other relevant qualifications specific to the role.$130,000 - $150,000The firm also offers robust Benefits offerings. Ares U.S. Core Benefits include Comprehensive MedicalRx, 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 a number of 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.

Created: 2025-03-11