2 Associate, Fund Accounting Jobs in West Hartford, CT
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Associate, Fund Accounting
$92k-117k (estimate)
Full Time | Investment Management
3 Weeks Ago
Ares Management is Hiring an Associate, Fund Accounting Near West Hartford, CT
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 Ares Secondaries team specializes in secondary market transactions of private equity, real estate, credit, and infrastructure investments with AUM of approximately $25 billion as of December 31, 2023. The team is currently looking to hire an Associate, Portfolio Analytics to join our dynamic Finance team of approximately 40 professionals located in our West Hartford, CT, Boston, MA or New York, NY locations.
The ideal candidate will possess investment analysis, accounting, or private equity / fund of funds experience with a basic understanding of fund reporting, basic partnership accounting, and performance metrics. This role will require a dynamic, adaptive, and agile hands-on professional who enjoys a fast-paced rapidly growing environment.
Key ResponsibilitiesThe firm is currently looking to hire an Associate to join our dynamic Portfolio Analytics team. Responsibilities include:
Experience Required
CompensationThe 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.
$90,000 - $105,000
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.
The ideal candidate will possess investment analysis, accounting, or private equity / fund of funds experience with a basic understanding of fund reporting, basic partnership accounting, and performance metrics. This role will require a dynamic, adaptive, and agile hands-on professional who enjoys a fast-paced rapidly growing environment.
Key ResponsibilitiesThe firm is currently looking to hire an Associate to join our dynamic Portfolio Analytics team. Responsibilities include:
- Work with investment professionals to assist in portfolio monitoring
- Perform detailed analysis of quarterly investment report valuations, including diversification metrics as well as valuation gains and losses
- Prepare support for quarterly investor reports, as well as performance returns at a portfolio and fund level (TWR, IRR, Multiples, etc.)
- Prepare analysis of valuation changes and drivers across portfolio investments
- Prepare quarterly investor reports with supporting schedules and documentation
- Process investment amendments/consents with investment professionals
- Provide data to Investor Relations as part of investor presentations and fundraising efforts
Experience Required
- Approximately 2-3 years experience in investment analysis, accounting, or related field
- 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
- Minimum GPA of 3.4
CompensationThe 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.
$90,000 - $105,000
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.
Job Summary
JOB TYPE
Full Time
INDUSTRY
Investment Management
SALARY
$92k-117k (estimate)
POST DATE
05/23/2024
EXPIRATION DATE
06/20/2024
WEBSITE
aresmgmt.com
HEADQUARTERS
LOS ANGELES, CA
SIZE
1,000 - 3,000
FOUNDED
1997
TYPE
Public
CEO
MICHAEL J AROUGHETI
REVENUE
$1B - $3B
INDUSTRY
Investment Management
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About Ares Management
Ares is an asset management company that focuses on private equity, direct lending, tradable credit and real estate services.
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