Associate, Fund Accounting

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OtherFund Accounting

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Quick Summary

Key Responsibilities

Manage cash needs across Ares Secondaries’ private equity, real estate,

Technical Tools

OtherFund Accounting

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

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Responsibilities include:

→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.
→Coordinate with external auditors to ensure audit deadlines are met.

Requirements

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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

What We Offer

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The 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.

$100,000 - $120,000

The firm also offers robust Benefits offerings. Ares U.S. Core Benefits include 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 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.