Job Description

Over the last 20 years, Aresxe2x80x99 success has been driven by our people and our culture. Today, our team is guided by our core values xe2x80x93 Collaborative, Responsible, Entrepreneurial, Self-Aware, Trustworthy xe2x80x93 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.PRIMARY FUNCTIONS & RESPONSIBILITIES

• Day-to-day hands-on and detailed oversight of fund operations, fund reporting and investor reporting. Fund structures may include fund-of-fund structures, closed-ended structures, domiciled in various countries including the U.S., Cayman Islands, Luxembourg and Netherlands.
• Particularly during the buildout of the team, will require hands-on individual production, detail-orientation and critical thinking, as well as productive and effective coordination with external fund administrators, other F&A/internal teams.
• Clearly communicate approach, analytical summary of results and status updates for handoffs and support to team whether in Mumbai or US, to ensure synchronized teamwork across regions, that accomplishes monthly, quarterly and annual financial and operational goals and objectives.
• Initially as an individual contributor, and subsequently as a trainer/reviewer, responsibilities include:

o Oversee and review monthly/quarterly NAV reconciliations with fund administrator(s)
o Review monthly and quarterly reporting to investors and/or other stakeholders
o Manage debt facilities and monitor compliance, including responsibility for applicable compliance reporting
o Monitor compliance with each fundsxe2x80x99 legal/governing agreements, including responsibility for applicable compliance reporting
o Review of quarterly and annual GAAP financial statements and footnote disclosures for multiple funds
o Prepare and/or review calculation of management fees and performance fees
o Review/ prepare performance reporting, including IRRs, TWRs with focus on automation
o Compile data for and review regulatory compliance filings, including Form ADV, Form PF, AIFMD Filings, Form SLT, etc
o Produce cash flow projections and analyze daily cash management, including activity on credit lines, expected settlement timing of purchases and sales, and timing of LP capital calls and capital distributions.
o Responsible for ad-hoc requests from investors and other stakeholderso Responsible for the collation of information provided to the tax team for quarterly tax estimates and annual tax returns
o Review and monitoring of fund expenses, including establishing a budget, and the approval and payment of expenses and related wires as governed by fund documents and firm policy.

• Partner with team to build out a team of up to 5 people, in both the US and Mumbai. This includes active involvement in the recruiting process, developing training program/materials and effectively training across time zones and geographies, and embodying the firmxe2x80x99s and teamxe2x80x99s culture.
• Build a strong framework for onboarding new team members including providing clear direction, creating training materials, and creating prototype deliverables
• Ensure process and procedures are adequate to meet quality standards and are consistently applied and closely reviewed.
• For any Mumbai-based new hires: Lead, train, support and supervise the team in day-to-day functions, and foster environment of teamwork, collaboration, integrity, self-awareness, diligence, ownership and accountability.
• Investor reporting may include consolidation of financial, performance, fee, LP-level, and holdings information spanning various funds across the Ares platform, including funds overseen by other F&A teams, which requires active ownership and constructive coordination across teams.
• Actively contribute to team objectives, including continuous improvements for efficiency, standardization and documentation of processes from risk-based perspective, and experimenting with different technology for automation of processes.

QUALIFICATIONS
Education:

• Bachelorxe2x80x99s Degree required in related field (Finance, Accounting or Economics) from accredited institution
• Chartered Accountant or CPA license preferred

Experience Required:

• 14+ yrs relevant experience
• Broad investment accounting experience across alternatives strategies (ie: private equity, credit, real assets and partnership interests)
• Broad fund structure exposure, in particular closed-ended funds and fund-of-funds structures.

General Requirements:

• Big-4 public accounting (PE/ Infra fund audit) experience strongly preferred
• 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
• Strong communication skills will be important; ability to analyze and summarize complex information both verbally and in writing with colleagues in the United States
• Knowledge of closed-ended structures, debt instruments, alternative investments, private equity or debt investments, or other investment products preferred
• Ability to assist in managing several third-party relationships (outside administrators, custodians)
• 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
• Experience with certain systems (eFront, Investran, Advent Geneva; Black Mountain) experience preferred

• Experience with complex partnership structures, such as rated note feeders and experience with Luxemburg domiciled funds a plus.
• Experience with Microsoft Power BI, Anaplan, Top Q, or Alteryx is a plus, along with advanced skills in Excel

Reporting Relationships Principal, Strategic PartnershipsThere 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 Wealth Management Solutions