Fund Controller - Secondaries

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

The Ares Secondaries team specializes in secondary market transactions of private equity, real estate, credit and infrastructure investments with AUM of approximately $46 billion as of September 30, 2026.  The team is currently looking to hire a Vice President to join our dynamic Finance team of approximately 45 professionals located in our West Hartford, CT, Boston, MA, New York, NY and Mumbai locations. 

Primary functions and essential responsibilities

Responsibilities include:

• Own and review quarterly and periodic funds accounting, NAV, financial reporting, and investor capital activity for evergreen private markets funds.
• Manage 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.
• Oversee investment allocations across vehicles, classes, sleeves, and investors, ensuring allocations are consistent with governing documents and approved methodologies.
• Manage capital allocations, subscriptions, redemptions/repurchases, reinvestment, distributions, and other investor activity associated with an evergreen structure.
• Coordinate portfolio cash-flow forecasting and liquidity planning to support investment deployment, investor liquidity, unfunded commitments, and appropriate cash reserves.
• Support NAV and other fund financing facilities, including borrowing-base calculations, covenant monitoring, drawdowns, repayments, interest and fee accruals, lender reporting, and reconciliation to the funds
• Partner with investment team, treasury, legal, tax, operations, valuation, investor relations, administrators, auditors, and lenders to ensure accurate and timely execution of funds activity.
• Interpret limited partnership agreements, offering documents, side letters, credit agreements, and other governing documents and translate economic terms into accounting and operational processes.
• Identify opportunities to improve systems, processes, automation, data integrity, and scalability as the funds grows.
• Support audits, financial statements, regulatory reporting, investor reporting, and ad hoc analysis.
• Supervise and develop staff at all levels with demonstrated ability to work with others through challenges and career development while providing ongoing training and feedback.

Qualifications

• Minimum of a Bachelor’s degree in accounting, finance or economics; MBA, CFA, or CPA is a plus
• 10+ years of related financial experience is required, which may include public accounting.

• Significant private equity, secondaries, private credit, alternatives, or other private funds accounting/operations experience.
• Demonstrated experience with complex partnership waterfalls, carried interest or performance allocations, and investor capital accounting.
• Strong understanding of investment and capital allocation methodologies, NAV calculations, liquidity management, and private fund structures.
• Experience with NAV facilities, subscription facilities, or other fund-level financing arrangements strongly preferred.
• Experience supporting evergreen, open-ended, interval, perpetual-capital, or similar structures is highly desirable.
• Advanced Excel and financial-modeling skills; experience with private-markets accounting and reporting platforms is preferred.
• Strong analytical judgment, attention to detail, and ability to independently manage complex, high-volume processes with multiple stakeholders and deadlines.
• Experience working with third party administrators is a plus.

General Requirements:

• Strong management skills, including proven experience of managing and/or collaborating with teams in remote locations to ensure efficiency, effectiveness, and high level of supervisory oversight.
• Proven team player with stakeholder management skills.
• Strong relationship building skills with internal and external business clients, including third party administrators.
• Strong sense of ownership and accountability.
• High accuracy and detail orientation.
• Strong organizational skills and demonstrated ability to manage competing priorities and deliverables.
• Ability to work independently within a fast-paced environment with a hands-on approach.
• Dependable, great attitude, highly motivated and a team player.
• Working understanding of evergreen vehicles with complex structures and allocations.
• Advanced computer skills including Microsoft Office, eFront Software and reporting skills a plus.

Reporting Relationships

Compensation

$180,000 - $220,000

There 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.