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Senior Associate, Financial Planning & Analysis
Ares Operations LLC Los Angeles, CA
$114k-140k (estimate)
Full Time 3 Weeks Ago
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Ares Operations LLC is Hiring a Senior Associate, Financial Planning & Analysis Near Los Angeles, CA

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 Ares Management is seeking a dynamic and results-oriented individual for a full-time role in its Finance and Accounting department located in our Los Angeles offices. The Senior Associate will work closely with the FP&A team in partnering across our enterprise with Fund Accounting, senior investment professionals, senior Finance leadership and information technology resources. This role provides great opportunity for the candidate to gain exposure and build expertise in both Finance and Data Analytics fields. Primary functions and essential responsibilities Maintenance and continued improvement of the Real Estate fund models and data analytics tools Use the fund models to perform sensitivity analysis and identify key historical and projection information to answer questions from investment, investor relation and fund accounting teams Compare and evaluate previous budgets and forecasts, and perform variance analysis to explain differences in performance and make improvements going forward Responsibility for the collection of business data on a timely basis from internal and external parties Responsibility for the upload of the collected data into the relevant system/database, making initial checks of the data for omissions and accuracy and liaise with data provider to resolve issues Promote the benefits and importance of data governance and ensure it is at the forefront of all processes Support the implementation of new systems and processes, including data collection, testing, analysis, presentation and supporting the roll out Prepare and assist with ad-hoc business reporting, analysis and business partner requests, working in conjunction with colleagues in Los Angeles to ensure timely response to the business Support group wide efforts to improve consistency, accuracy and efficiency of information Qualifications Approximately 5-6 years of relevant work experience MBA, Chartered Financial Analyst, Chartered Accountant or CPA license preferred but not required Bachelors’ degree in related field (Finance, Accounting, Engineering or Economics) from accredited institution General Requirements Ability to work in a fast-paced, high growth environment; excited about working in a start-up environment with the backing and infrastructure of a well-established industry leader Strategic and critical thinking Excellent Excel background with knowledge of financial modeling Candidates with background in accounting and finance would be preferred Candidates should be comfortable around data analytics. Have the skillset to understand the underlying architecture of how data is stored and staged, so they can run it through financial models and come up with advice to help senior management make business decisions. Knowledge of data architecture, database structures, and database design preferred Experienced in database query, schema design, and maintenance of master and transaction data preferred Proficient in Excel VBA programming language preferred Knowledge of Power BI or other data analytical tools preferred; Proficient in Data Analysis Expressions (DAX) preferred Knowledge of investment performance standards, real estate fund structures, investment property structures, alternative investments, securitization, or other investment products preferred Strong communication skills will be important; ability to analyze and summarize complex information both verbally and in writing with colleagues in the United States Strong problem-solving and analytical skills; ability to multi-task and manage various deadlines Excellent organizational and interpersonal skills; attention to detail and timelines required Reporting Relationships 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. $130,000 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

$114k-140k (estimate)

POST DATE

05/16/2024

EXPIRATION DATE

07/20/2024

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