The Assistant Vice President joins the Finance team within the Secondaries team, specializing in secondary market transactions of private equity, real estate, credit and infrastructure investments.
Locations (4)
West Hartford, Connecticut, United States
Boston, Massachusetts, United States
New York, New York, United States
Mumbai, Maharashtra, India
Compensation
The anticipated base salary range for this position is $160,000 - $180,000. Total compensation may also include a discretionary performance-based bonus.
Responsibilities
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 complex fund-level and investor-level waterfall calculations, including preferred returns, return of capital, catch-up provisions, carried interest/performance allocations, and related NAV-based accruals.
Preparation and review cash flow projections and daily cash management, including activity on subscription credit lines, NAV based credit facility, 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.
Vice President in the Ares Secondaries team responsible for fund accounting, NAV, financial reporting, investor activity, and operational processes for private equity and alternative investment funds.
Locations (4)
West Hartford, Connecticut, United States
Boston, Massachusetts, United States
New York, New York, United States
Mumbai, Maharashtra, India
Compensation
$180,000 - $220,000
Responsibilities
Own and review quarterly and periodic funds accounting, NAV, financial reporting, and investor capital activity
Manage complex fund-level and investor-level waterfall calculations
Oversee investment allocations across vehicles, classes, sleeves, and investors
Manage capital allocations, subscriptions, redemptions/repurchases, reinvestment, distributions
Coordinate portfolio cash-flow forecasting and liquidity planning
Requirements
Bachelor’s degree in accounting, finance or economics