Job Description
The Ares Secondaries team specializes in secondary market transactions of private equity, real estate, credit and infrastructure investments with AUM of approximately $38 billion as of September 30, 2025. The team is currently looking to hire an Assistant Vice President to join our dynamic Finance team of approximately 60 professionals located in our West Hartford, CT, Boston, MA, New York, NY and Mumbai locations.
Primary functions and essential responsibilitiesResponsibilities include:
- Manage cash needs across Ares Secondaries’ private equity, real estate, credit or infrastructure vehicles.
- Supervise and develop junior staff and provide ongoing training and feedback.
- Manage quarterly close processes, including review work of accounting staff and third-party administrators, along with producing original workpapers and analyses.
- Preparation of quarterly and annual GAAP financial statements and footnote disclosures for multiple funds as well as capital account summaries for limited partners.
- Preparation of calculation of performance fees/waterfall calculations.
- Preparation and review cash flow projections and daily cash management, including activity on credit lines, expected settlement timing of purchases and underlying investment cash activity, and timing of investor capital calls and distributions.
- Preparation and review of investor capital call and distribution calculations and quarterly management company deliverables.
- Facilitate wire payments to vendors, to/from underlying investments and third parties.
- Monitor and report on fund investments across various limited partnership interests.
- Perform a detailed analysis of financial statements from underlying fund managers.
- Prepare and assist with ad-hoc limited partner reporting, analysis and other requests.
- Coordinate with external auditors to ensure audit deadlines are met.
Education: Bachelor’s degree in accounting or finance
Experience Required: 5-8 years experience in private equity fund investment accounting or public accounting.
General Requirements:
- 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.
Reporting Relationships
Principal, Fund Accounting & Portfolio AnalyticsCompensation
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.
$140,000 - $180,000
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.
Top Skills
Ares Management Corporation Needham, Massachusetts, USA Office
Three Charles River Place , Needham, MA, United States, 02494
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