- Salary
- $115k – $145k
- Location
- New York, NY - PARK, United States of America · Boston, MA · West Hartford, CT
- Type
- Full-time
- Department
- Finance
- Seniority
- Entry
- Source
- Workday
Description
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 $38 billion as of September 30, 2025. The team is currently looking to hire a Senior Associate 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 responsibilities
Responsibilities include:
- Manage cash needs across Ares Secondaries’ private equity, real estate, credit or infrastructure vehicles.
- Prepare investor capital call and distribution calculations and quarterly management company deliverables.
- Track and reconcile daily cash flows for various Ares Secondaries investment partnerships.
- 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.
- Maintain fund general ledger and trial balances.
- Prepare and assist with ad-hoc limited partner reporting, analysis and other requests.
- Prepare calculation of performance fees and waterfalls.
- Prepare quarterly and annual GAAP financial statements and footnote disclosures for multiple funds as well as capital account summaries for limited partners.
- Coordinate with external auditors to ensure audit deadlines are met.
Qualifications
Education: Bachelor’s degree in accounting or finance
Experience Required: 3-6 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.
- CPA or other equivalent certification preferred.
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.
$115,000 - $145,000
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.
