Full-Time

Associate – Staff Accountant

Posted on 1/17/2025

Ares Management

Ares Management

1,001-5,000 employees

Global alternative investment management firm

Compensation Overview

$75k - $85kAnnually

+ Bonus

Entry, Junior

Company Does Not Provide H1B Sponsorship

Denver, CO, USA

Category
Bookkeeping
Financial Accounting
Management Accounting
Accounting
Required Skills
Word/Pages/Docs
Excel/Numbers/Sheets
Requirements
  • Bachelor’s degree in Accounting, Business, or Finance required or equivalent experience.
  • Ability, aptitude, and desire to expand knowledge and understanding of our business.
  • Strong organizational skills and attention to detail with the ability to prioritize and ensure work is accurately completed within deadlines.
  • Strong customer service skills and the ability to establish sound interpersonal relationships with team members, customers, and vendors.
  • Assertive, self-motivated, team-oriented individual.
  • Proficiency with Microsoft Office applications, including Excel and Word.
  • An ability to apply discretion and judgement in the application of accounting standards.
Responsibilities
  • Manage accounts payable, including draw / vendor wire payments, to ensure appropriate and timely payment of invoices and general adherence to accounting and budgetary guidelines.
  • Work closely with development management teams to ensure accurate coding and descriptions on invoices.
  • Prepare monthly balance sheet reconciliations for various real estate funds ensuring that the results are accurate and provided within the deadlines provided.
  • Assist in development project setup and closeout.
  • Perform general accounting functions including monthly journal entries, account reconciliations, period closes, and reports in accordance with the company’s accounting policies and procedures.
  • Assist in the preparation of purchase accounting files for development acquisitions.
  • Assist in the preparation of monthly, quarterly, annual and other ad hoc reporting documents.
  • Provide supporting documents for internal and external audit requests.

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 Size

1,001-5,000

Company Stage

IPO

Headquarters

Chicago, Illinois

Founded

1997

Simplify Jobs

Simplify's Take

What believers are saying

  • Hybrid capital solutions offer innovative investment products for diverse client needs.
  • Private equity trends present opportunities for Ares in private credit and equity.
  • Demand for securitization in emerging markets offers strategic growth avenues for Ares.

What critics are saying

  • Increased competition in private credit could impact Ares' market share.
  • Overexposure to real estate investments poses risks if the market downturns.
  • Partnership with INA may expose Ares to Indonesian geopolitical and economic risks.

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.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Company Match

Employee Assistance Program

Commuter Benefits

Mental Health Support

Family Planning Benefits

Fertility Treatment Support

Paid Sick Leave

Paid Holidays

Paid Vacation

New Parent Leave

Emergency Backup Care

Education Sponsorship Program

Matching Gift Program

Wellness Program

Flexible Work Hours

Hybrid Work Options

Company News

The Asset
Mar 10th, 2025
INA, Ares team up on hybrid capital solutions

Indonesia's sovereign wealth fund, the Indonesia Investment Authority (INA), is partnering with global alternative investment manager Ares Management Corporation to drive investment through hybrid capital solutions and securitization.

MarketBeat
Mar 9th, 2025
Raymond James Financial Inc. Makes New Investment in Ares Management Co. (NYSE:ARES)

Raymond James Financial Inc. makes new investment in Ares Management Co. (NYSE:ARES).

News Updates 24
Mar 7th, 2025
Private equity group Sycamore to take Walgreens private in up to $24bn deal

Sycamore has secured more than $10bn of debt financing from banks and private credit lenders, including Ares Management, HPS Investment Partners, JPMorgan Chase and Goldman Sachs.

MarketBeat
Mar 1st, 2025
FFT Wealth Management LLC Makes New $349,000 Investment in Ares Management Co. (NYSE:ARES)

FFT Wealth Management LLC makes new $349,000 investment in Ares Management Co. (NYSE:ARES).

Business Wire
Feb 25th, 2025
Ares Management Upsizes Tempus Debt Facilities to $560 Million

Combined with $260 million of capital provided in 2022 and 2023, Ares Credit funds have provided Tempus a total debt package of approximately $560 million.

INACTIVE