Associate, Accounts Receivable

PRIMARY FUNCTIONS AND ESSENTIAL RESPONSIBILITIES

Ares Management Corporation is seeking a highly motivated individual to join our Corporate Accounting department. This individual will work closely with team members in the Los Angeles office to support key billing functions for the Company. Responsibilities include:
•Manage and execute the end-to-end billing process for pass-through expenses charged to Ares funds.

•Administer billing activities for Ares portfolio companies, ensuring accuracy and timely invoicing.

•Perform cash application and reconciliation activities to ensure accurate allocation of collections against outstanding invoices.

•Prepare and post journal entries for irrecoverable amounts in accordance with company policies and accounting standards.

•Prepare and process credit memos, debit memos, and other billing adjustments as required.

•Partner with Fund Accounting and business stakeholders to support invoice reviews, allocation validations, and resolution of billing-related inquiries.

•Prepare and analyze accounts receivable aging reports, providing actionable insights to management on outstanding balances and collection trends.

•Proactively monitor aged receivables and escalate collection risks to management in a timely manner.

•Perform reconciliations of receivable-related accounts, investigate discrepancies, and drive resolution of reconciliation breaks.

•Take full ownership of the Order-to-Cash (O2C) cycle for assigned business segments, ensuring timely billing, collections, cash application, reconciliation, and resolution of customer queries.

•Contribute to process improvement initiatives, special projects, and ad hoc assignments as directed by management.

QUALIFICATIONS

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 Applications will be accepted on an ongoing basis until the search is no longer active.