Associate Vice President, Fund Accounting – Venture Capital

Ares Management is seeking an Associate Vice President (“AVP”) for our Venture Capital fund accounting team. The AVP will be responsible for the day-to-day accounting and oversight of several private funds.

• →Assist with preparation of US GAAP financial statements for quarterly and annual reporting deadlines for the various funds.
• →Oversee and review quarterly NAV packages from the fund administrator.
• →Assist with quarterly close process and preparation of various financial statement account balance reconciliations and workpapers.
• →Work closely with operations and other groups in managing daily cash and position breaks
• →Manage daily cash activities for several funds, including processing of payments, approving and coding invoices and posting to the general ledger.
• →Assist in managing relationships and liaising with internal resources, fund administers and auditors to meet all deadlines.
• →High level of interaction across the organization, including communications with portfolio managers, investor relations, legal, compliance, operations, tax, FP&A and financial reporting.
• →Provide and review detailed reporting to investors and internal constituents (portfolio managers, investor relations)
• →Provide compliance reporting (Form PF, ADV, etc.)
• →Participate and contribute to regular review of processes and deliverables to improve effectiveness, efficiency, accuracy to ensure scalability as the firm continues to grow rapidly.
• →Various ad-hoc/special projects.

Education:

• Bachelor’s Degree in Accounting, Finance, or related field

Certification:

• CPA (preferred)

Experience Required:  

• Minimum 6-9 years of experience in fund accounting preferred
• Public accounting experience, Big 4 (preferred)
• Industry experience, specifically with venture capital preferred

General Requirements:

• Ability to work independently in a fast-paced, high growth environment
• Highly motivated team player with a strong work ethic
• Strong understanding of US GAAP
• Strong knowledge of accounting principles, financial instruments, and regulatory requirements
• Strong problem-solving and analytical skills
• Strong verbal and written skills; ability to analyze and summarize complex information both verbally and in writing
• Ability to multi-task and manage various deadlines
• Excellent organizational and interpersonal skills
• Intermediate or advanced Excel user (e.g. complex formulas, macros)
• PowerBI, Alteryx, Anaplan or other business intelligence tools a plus