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Ares Operations LLC
West Hartford, CT | Full Time
$92k-118k (estimate)
3 Weeks Ago
Ares Management
West Hartford, CT | Full Time
$92k-117k (estimate)
3 Weeks Ago
Associate, Fund Accounting
Ares Operations LLC West Hartford, CT
$92k-118k (estimate)
Full Time 3 Weeks Ago
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Ares Operations LLC 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 Description The 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 Responsibilities: The 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 Qualifications Education: Bachelor’s degree in accounting or finance 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 Reporting Relationships Principal, Portfolio Analytics Compensation 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. $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. Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, real estate, private equity and infrastructure asset classes. We seek to provide flexible capital to support businesses and create value for our stakeholders and within our communities. By collaborating across our investment groups, we aim to generate consistent and attractive investment returns throughout market cycles. As of March 31, 2024, Ares Management's global platform had approximately $428 billion of assets under management(1) with more than 2,900 employees operating across North America, Europe, Asia Pacific and the Middle East. For more information, please visit www.aresmgmt.com. Ares Management LLC (together with its related operating and administrative subsidiaries, “Ares Management”) is an Equal Employment Opportunity employer and considers all applicants for employment without regard to race, color, religion, ethnicity, creed, sex, age, national origin, alienage or citizenship status, disability, medical condition, pregnancy, marital status, partnership status, sexual orientation, status regarding public assistance, military or veteran status, domestic violence victim status, gender identity and expression, transgender status, genetic information, status as unemployed, political affiliation or any other characteristic protected by federal, state or local law. Ares Management will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of the Fair Chance Initiative for Hiring Ordinance. (1) As of March 31, 2024. AUM amounts include funds managed by Ivy Hill Asset Management, LP., a wholly owned portfolio company of Ares Capital Corporation and registered investment adviser.

Job Summary

JOB TYPE

Full Time

SALARY

$92k-118k (estimate)

POST DATE

05/23/2024

EXPIRATION DATE

07/22/2024

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