Associate, Fund Accounting
Alternative Credit
Location
Mumbai, India
Work type
Onsite
Employment
Full Time
Experience
3-5 years
Compensation
Compensation not disclosed
Posted
1h ago
Summary and responsibilities
Role overview
Summary
The Associate, Fund Accounting (Alternative Credit) supports month-end and quarter-end close processes for alternative credit funds, reviewing NAV packages, financial statements, and investor reporting. This role involves monitoring fund liquidity, coordinating audits, and partnering with various internal teams to resolve issues and implement process improvements.
Primary Responsibilities
Support the month-end and quarter-end close processes for assigned Alternative Credit funds and related investment vehicles.
Review monthly and quarterly NAV packages prepared by third-party administrators, including cash and position reconciliations, capital allocations, management and incentive fee calculations, Investor capital activity and waterfall calculations.
Assist in the preparation and review of quarterly and annual financial statements and related disclosures under U.S. GAAP.
Monitor fund liquidity and cash activity, including capital calls, distributions, financing arrangements, and expense payments.
Review expense accruals and management fee calculations for accuracy and completeness.
Assist with coordination of annual audits and respond to auditor information requests.
Support preparation and review of investor reporting deliverables and ad hoc reporting requests.
Prepare and analyze fund and investment-level performance metrics, including IRR, MOIC, and other key performance indicators.
Review fund governing documents, including LPAs, credit agreements, and other fund documentation to support ongoing compliance with reporting and operational requirements.
Partner with colleagues across fund accounting, legal, tax, treasury, investor relations, portfolio management, and operations to support business initiatives and resolve issues.
Investigate accounting or operational exceptions, perform root cause analysis, and support implementation of process improvements and control enhancements.
Participate in projects focused on operational scalability, automation, data quality, and reporting efficiency.
Develop expertise in Ares fund structures, investment products, accounting policies, and operational processes.
Provide guidance and support to junior team members when appropriate.
Qualifications
Chartered Accountant (CA) or CPA qualification preferred.
CFA charterholder or candidate a plus.
Experience supporting private credit, direct lending, CLOs, structured credit, private debt, or other alternative investment products is preferred but not required.
Experience with U.S. GAAP investment company accounting.
Experience working with fund administrators and external auditors.
Experience with closed-end and/or open-end fund structures.
Experience with Advent Geneva or similar fund accounting platforms.
Technology Skills
Advanced Microsoft Excel
Power BI, Alteryx, or other data and reporting tools a plus
Advent Geneva experience preferred
Strong aptitude for learning new systems and leveraging technology to improve processes
Characteristics of Success
The ideal candidate will demonstrate many of the following characteristics:
Take ownership of assigned responsibilities and consistently deliver high-quality work.
Demonstrate intellectual curiosity and a willingness to learn complex fund structures and investment products.
Exercise sound judgment and identify issues proactively.
Collaborate effectively across global teams and time zones.
Communicate clearly and professionally with both internal and external stakeholders.
Continuously seek opportunities to improve processes, controls, and operational efficiency.
Operate with integrity, accountability, and a strong client-service mindset.
Updated 1h ago
Candidate fit
Skills and qualifications
Additional skills
Experience
3-5 years
Certifications
How this role is positioned
Role classification
Job domains
Industries
Employment
Full Time
Contract duration
Permanent
Hiring type
Direct
Global hiring
Location specific
Offer details
Compensation and benefits
Compensation
Compensation not disclosed
Location, schedule, and role shape
Work setup
Work conditions
Bandwidth profile
Context on the employer
Company snapshot
Company
Ares Management Corporation
Team size
Growing team
Location
Mumbai, India
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, 2026, Ares Management's global platform had approximately $644 billion of assets under management with more than 4,400 employees operating across North America, South America, Europe, Asia Pacific and the Middle East.
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Associate, Fund Accounting
Mumbai, India • Full Time