Principal, Fund Accounting

United States·Los Angeleslead

OtherFund Accounting

0 views0 saves0 applied

Apply Now

Quick Summary

Key Responsibilities

Review U.S. GAAP financial statements for various public entities, including Forms 10-K, 10-Q, 8-K, Registration Statements, N-CSR, and N-CEN, for the semi-liquid closed-end Direct Lending funds.

Technical Tools

OtherFund Accounting

The Finance and Accounting team is seeking a senior level Controller for the Public Credit Funds. This Controller will be responsible for overseeing all financial and accounting operations, including managing financial reporting and tax, primarily for the semi-liquid closed-end U.S. Direct Lending funds. The Controller will also ensure compliance with accounting standards and regulatory requirements, while implementing internal controls and financial procedures. This person will play a strategic role in advising on financial implications of business decisions and supporting the funds’ growth and expansion. Additionally, the Controller works closely with business stakeholders, including but not limited to board members and trustees, investment professionals, portfolio management team, investor relations, legal, compliance and operations as well as external auditors, third party service providers, tax preparers, investors and financial institutions. The Controller will help oversee, lead, and develop the Public Credit accounting team based primarily in Los Angeles, Mumbai and New York. The candidate must be a strategic thinker, resourceful, innovative, and committed. The candidate must focus on continuous improvement in collaboration, efficiency, and building scalable processes in a fast-paced, high growth environment.

Responsibilities

~2 min read

→
Review U.S. GAAP financial statements for various public entities, including Forms 10-K, 10-Q, 8-K, Registration Statements, N-CSR, and N-CEN, for the semi-liquid closed-end Direct Lending funds.

→
Lead the preparation of quarterly financial statement disclosures, including footnotes, Management's Discussion & Analysis (MD&A), and supporting analyses, ensuring accuracy, transparency, and compliance with SEC reporting requirements.

→
Oversee monthly, quarterly, and annual close processes for the funds and their relevant subsidiaries, ensuring the timely and accurate preparation of financial reporting and regulatory filings.

→
Oversee all accounting operations, financial reporting, fund administration oversight, tax coordination and regulatory compliance activities.

→
Prepare and present materials for various regulated funds’ board of directors and board of trustees

→
Assist with preparation and review of fund financial models that help drive strategic decisions from senior leadership

→
Partner closely with investment professionals and portfolio management teams and senior leadership to provide strategic financial and operational insights that support decision-making for the funds, investment transactions, and portfolio management activities.

→
Serve as a trusted advisor to key stakeholders, facilitating alignment across functions and driving successful outcomes throughout the investment lifecycle

→
Oversee and enhance the firm's control framework, ensuring effective processes and controls are in place to support financial integrity, regulatory compliance, and operational excellence.

→
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.

→
Support investor and fund due diligence processes by coordinating information requests, preparing materials, and ensuring timely, accurate responses to stakeholders.

→
Manage relationships with broker-dealers and distribution partners, coordinating investor subscription, tender, and redemption processes while ensuring operational efficiency and a high-quality investor experience

→
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

Requirements

~1 min read

CFO, Public Credit Funds

What We Offer

~1 min read

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.

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.