The Industrial Trainee will assist in various accounting functions including fund reporting, time certification surveys, cash activities, and financial statement preparations.
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
PRIMARY FUNCTIONS AND ESSENTIAL RESPONSIBILITIES
- Ares Management is seeking an Industrial Trainee for our accounting and audit teams. Industrial Trainee will be responsible for accounting and accurately reporting of privately and publicly held Ares funds.
- Assist with monthly time certification surveys for purpose of calculating billable administration fees of various funds.
- Prepare wire forms for capital calls and analyzing the distribution notices.
- Assist with preparation of different trackers for various investment activities.
- Assist with monthly/quarterly close process and preparation/review of various financial statement accounts balance reconciliations and workpapers.
- Assist with quarterly valuations.
- Manage daily cash activities for various funds, including processing of invoices/payments, depositing of checks, and posting to the general ledger.
- Assist with preparation of different trackers for various investment activities.
- Prepare/Review monthly cash and position reconciliations for various funds.
- Assist with preparation/review of US GAAP financial statements for monthly reporting and quarterly and annual SEC filings.
QUALIFICATIONS/SKILLS REQUIRED
• Pursuing Chartered Accountancy (Intermediate Clear-Both Groups)
• Availability for 12-18 months of Industrial Training
• Interest in financial services industry
• Good academic track record and problem-solving skills
• Excellent written and verbal communication skills.
Reporting Relationships
Head of Fund Accounting, IndiaThere 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 Applications will be accepted on an ongoing basis until the search is no longer active.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
Us Gaap
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