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AMAres Management Corporation
Ares Management CorporationInvestment Management

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

U.S. GAAP • 1+ yrs
Advent Geneva • 1+ yrs
Microsoft Excel • 1+ yrs
Power BI • 1+ yrs
Alteryx • 1+ yrs
Process Improvement • 1+ yrs
Collaboration • 1+ yrs
Communication • 1+ yrs

Experience

3-5 years

Certifications

Chartered Accountant (CA) • Required
CPA • Required

How this role is positioned

Role classification

Job domains

Operations
Finance & Accounting

Industries

Finance & Banking

Employment

Full Time

Contract duration

Permanent

Hiring type

Direct

Global hiring

Location specific

Offer details

Compensation and benefits

Compensation

Compensation not disclosed

VisibilityShared on listing
CurrencyUSD
PeriodYearly

Location, schedule, and role shape

Work setup

Work conditions

Primary locationMumbai, India
Work typeOnsite
Global hiringNo

Bandwidth profile

peopleMedium7/10
physicalLow1/10
cognitiveHigh8/10
executionHigh8/10
creativityMedium6/10
uncertaintyMedium6/10
communicationHigh8/10

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, IndiaFull Time