Ensure completeness of financial records, manage daily operations of AIF Funds, support financial account management, assist with audits and compliance, and maintain internal controls.
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
Primary functions and essential responsibilities
- Ensuring completeness of financial records of AIF, including accounting, banking, reconciliations & expense payments.
- Managing daily operations of AIF Funds according to the Fund Documents and coordinating with the fund administrator
- Provide support in managing the financial accounts of the funds through liaison with internal resources to meet the applicable monthly, quarterly, and annual reporting requirements.
- Assist in statutory and other regulatory audit processes (including inspection from regulatory body) and ensure seamless closure within the timelines;
- Ensuring investor reporting within the timeframe agreed in the documents/ regulations including MIS management for financial performance;
- Ensuring timeliness of various tax filings as required for the AIF including tax payments, tax returns, tax assessment and any other activities as required under the applicable regulations;
- Compliance management of the AIF from a regulatory standpoint including all regulatory filings as may be required per the regulations and LP agreements;
- Calculating, reviewing and managing investor distributions as per Fund documents;
- Stakeholder management (auditors, trustees, bankers, custodians, fund accounting professional, tax advisors, legal Advisors and other stakeholders) on a timely basis;
- Work closely with the Fund accounting team to partner with the investment team to validate the funds' valuation and the asset management team to produce reports to Limited Partners (LPs)
- Monitor compliance with the funds' LP agreements.
- Assist in group reporting material preparation and submission.
- Prepare and assist with ad-hoc internal analysis requests and LPs reporting.
- Keeping abreast with the changing regulations and analyzing its impact on the existing operations;
- Assisting Compliance / legal team in Fund documentation including Policies and Processes for AIF;
- Maintaining internal trackers and checklists to ensure all areas of AIF are effectively monitored;
- Ensure processes and procedures are adequate to meet quality standards and are consistently applied and regularly reviewed.
- Actively work on continuous improvement to build out the India Finance and Accounting function.
QUALIFICATIONS
Education:
- CPA/CA
Experience Required:
- Approximately 7-10 years
General Requirements:
- Chartered Accountant or CPA license or Big-4 public accounting experience preferred.
- Prior experience / knowledge of AIF/ SEBI regulations / IFSCA is preferred.
- Highly organized and the ability to work in a fast-paced, high growth environment.
- Strong command of English language, both verbal and written
- Strong interpersonal skills for stake holder management
- Ability to analyze and summarize complex information both verbally and in writing.
- Strong problem-solving and analytical skills; attention to detail; ability to multi-task and manage various deadlines.
- Knowledge of financial markets and instruments preferred.
- Requires day to day use of MS Office applications (with advanced skills in Excel preferred)
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
Excel
MS Office
Similar Jobs
Cloud • Computer Vision • Information Technology • Sales • Security • Cybersecurity
Design, develop, test, and document ServiceNow features, integrations, and data migrations. Translate requirements into scalable solutions, maintain platform health, perform upgrades, handle incidents per SLAs, conduct code reviews and testing, mentor teammates, and improve workflows and automation across ServiceNow modules.
Top Skills:
CmdbCsdmEmployee Center ProGrc/IrmHamHrsdItsmJavaScriptNow AssistRest ApiSamSecopsServicenowServicenow UpgradesServicenow Version ControlSoap ApiUpdate SetsVirtual Agent
Cloud • Information Technology • Security • Software • Cybersecurity
Drive sales into BFSI enterprise accounts across Western India by executing strategic selling activities and maintaining strong relationships with key decision makers to achieve revenue targets.
Top Skills:
Cdn SolutionsNetwork Security
Cloud • Information Technology • Security • Software • Cybersecurity
Drive sales into BFSI focused enterprise accounts in Western India, managing strategies, relationships, and sales campaigns to achieve revenue targets.
Top Skills:
Cdn SolutionsCloudflareInternet TechnologyNetwork SecuritySoftware Solutions
What you need to know about the Chennai Tech Scene
To locals, it's no secret that South India is leading the charge in big data infrastructure. While the environmental impact of data centers has long been a concern, emerging hubs like Chennai are favored by companies seeking ready access to renewable energy resources, which provide more sustainable and cost-effective solutions. As a result, Chennai, along with neighboring Bengaluru and Hyderabad, is poised for significant growth, with a projected 65 percent increase in data center capacity over the next decade.
