Full-Time

Vice President

Treasury

Confirmed live in the last 24 hours

Ares Management

Ares Management

1,001-5,000 employees

Global alternative investment management firm

Venture Capital
Financial Services
Real Estate

Compensation Overview

$170k - $200kAnnually

+ Bonus

Senior

Los Angeles, CA, USA

Category
Treasury
Finance & Banking
Required Skills
Power BI
SQL
Requirements
  • Bachelor’s degree in Finance or other business related discipline
  • Minimum of 10 years of experience in top tier, global capital markets or investment management firms with experience in Treasury Operations, Cash Management, and/or Accounting
  • Prior experience with an Alternative Asset, Fixed Income, Leveraged Loan preferred
  • Strong knowledge of liquidity forecasting and cash modeling
  • Experience with Hazeltree, Everest, Wall Street Office, Geneva, and/or IVP data management platforms preferred
  • Experienced with a diverse set of investment vehicles such as Institutional Separate Accounts, SMA/Limited Partnerships, Open-End Mutual Funds, Closed-End Funds and UCITs, CLOs, and complex fund structures
  • Intermediate-level technical skills a bonus (VBA, SQL, Excel, Power BI, etc.)
  • Understanding of basic accounting theories
  • Knowledge of complex fund structures a plus
  • Corporate Finance and Alternative Investment Knowledge preferred
  • Experience working with financial intermediaries like investment banks, leverage providers, broker/dealers and Prime Brokers a must
  • Experience building and implementing workflows, inclusive of monitoring controls for ongoing due diligence
  • Ability to successfully manage multiple complexes, time sensitive priorities and competing demands with multiple stakeholders by leveraging a hands-on approach
  • Strong time management and prioritization skills; ability to work under tight deadlines in a fast-paced environment
  • Strong attention to detail, highly organized and process-driven; high accuracy
  • Ability to extract meaningful information from extensive research and analysis to effectively present facts and findings in a digestible format
  • A self-directed individual with a can-do attitude, willing to work in an energetic, collaborative, and fast-paced environment, proactive in nature, and a proven ability to resolve issues with minimal supervision
  • Proven outstanding communication (written and verbal), presentation, documentation, and interpersonal skills
  • A hands-on approach and ability to synthesize business operations and talent needs
  • Ability to successfully manage multiple priorities and competing demands
  • Good judgment in terms of escalating issues vs. solving problems independently
  • A solutions-oriented, self-starter and ability to see the big picture
  • Comfort in dealing with ambiguity and uncertainty in a dynamic and fast-paced environment
  • Ability to be flexible in terms of hours to coordinate with team members across various time zones
  • Dependable, great attitude, highly motivated and a team player
  • Strong sense of ownership and accountability; demonstrates sound judgment and decision-making
  • An analytical mind and a passion/interest in bringing new ideas to increase efficiency of existing processes
Responsibilities
  • Sourcing and opening bank accounts, including all required currency accounts, and managing sweep options on excess cash. This will include setting up and maintaining all bank accounts throughout the firm.
  • Sourcing new banking relationships and vetting them with both internal and external stakeholders
  • Building and strengthening existing banking relationships while ensuring Ares has the right support model at the banks.
  • Support activities for overnight monitoring of inputs to the cash management function (investment pipeline, currency balances, unsettled trading activity, etc.).
  • Track non-investment related cash movements (contributions/withdrawals, fees, etc.).
  • Design and maintain controls to ensure all cash transactions were accurately recorded; work with banks to resolve and clear all cash account exceptions as needed.
  • Monitor inbound/outbound data feeds between Treasury Management System (TMS) and various systems and build controls to ensure data accuracy.
  • Help to manage the system integrations between Treasury system and other internal and external systems.
  • Help investigate cash breaks between our Ares and the banks.
  • Sourcing settled and traded cash balances and transactions to provide central visibility, oversight, and data integrity. Implement controls to ensure data sourced is accurate and timely.
  • All cash and wire movements are centralized for processing, tracking and audit purposes, including collateral management, delayed draw funding's, deal closing, and expense payments. Ensure all centralized data flows properly into the liquidity reports.
  • Build and maintain portfolio level credit facility data, servicing, all associated cashflow management, and reconciliations, including all systematized borrowing base modeling, testing, calculation, and maintenance.
  • Prepare liquidity forecasts for Accounting and Financial Planning and Analysis Teams by managing all inputs and reconciliations (starting cash balances, asset borrowings and repayments, capital activity, upcoming deployment pipeline and trade settlements)
  • Standardize liquidity reporting to both internal and external stakeholders.
  • Answer inquiries regarding cash availability and liquidity needs.
  • Create and maintain Key Performance Indicators (KPIs) to facilitate continuous improvement for both external parties and internal stakeholder.

Ares Management is a global investment manager that specializes in alternative investments across various asset classes, including credit, private equity, real estate, and infrastructure. The company offers investment solutions to a wide range of clients, such as institutional investors, corporations, and high-net-worth individuals, providing both primary and secondary investment opportunities. Ares Management's approach focuses on generating consistent returns by adapting to different market conditions and leveraging a collaborative investment strategy. Unlike many traditional investment firms, Ares emphasizes providing flexible capital to support businesses and create value for stakeholders and communities. The company earns revenue through management fees, performance fees, and investment income from its managed funds.

Company Stage

IPO

Total Funding

$3.2B

Headquarters

Chicago, Illinois

Founded

1997

Simplify Jobs

Simplify's Take

What believers are saying

  • Acquisition of BootstrapLabs enhances Ares's AI strategy and operational efficiencies.
  • Involvement in League One Volleyball highlights growth in sports-related investment opportunities.
  • Partnership with Minor Hotels indicates potential in luxury and sustainable tourism investments.

What critics are saying

  • Increased competition in AI investment space following BootstrapLabs acquisition.
  • Potential overextension with high-value acquisitions like GCP International for $3.7 billion.
  • Departure of key personnel could impact private wealth strategy and client relationships.

What makes Ares Management unique

  • Ares Management offers diverse investment solutions across credit, private equity, and real estate.
  • The company leverages a collaborative investment approach to generate consistent returns.
  • Ares Management provides flexible capital to support businesses and create stakeholder value.

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