Job Description
Ares Management is seeking an accounting Analyst for its Commercial Finance (ACF) team. ACF is a leading provider of asset-backed loans to middle-market businesses across the US and Canada. Join our collaborative Commercial Finance team and help drive operational excellence while building your career in accounting and finance.
Position Summary
We are seeking a motivated Accounting Analyst with 1-2 years of experience in accounting or finance to join our team. This is an excellent opportunity for someone early in their career who is eager to learn, grow, and contribute to a dynamic organization. You’ll gain hands-on experience in financial reporting, account reconciliation, general ledger maintenance, and project-based assignments, all while working alongside experienced professionals who are invested in your development.
Key Responsibilities
Financial Reporting
- Reconcile loan ledger to the general ledger daily and maintain daily cash reconciliation.
- Prepare and post loan ledger and adjusting entries in the general ledger (MS Dynamics 365).
- Support GL account reconciliations and prepare adjusting entries.
- Apply proper accounting treatment to transactions and ensure accurate revenue recognition.
- Maintain good faith deposit records and respond to internal/external inquiries from business users and clients.
- Set up and maintain client payoff records and coordinate return of reserves.
- Reconcile foreign currency transactions and monthly FX contracts.
- Prepare monthly supporting schedules and assist with financial analysis and variance commentary.
- Assist in preparing management reporting decks.
- Support external and bank audit requests.
- Help with filings and data submissions to external authorities.
- Assist with 1099 and 1042 annual tax reporting.
- Oversee accounts payable by tracking and reconciling payments in the COUPA platform, resolving inquiries, and collaborating with teams.
- Document internal processes and controls.
- Support ad-hoc reporting, acquisitions, system/process improvements, and external requests.
Qualifications
Education
- Bachelor’s degree in Accounting or Finance required.
- Additional certifications (CPA, etc.) are a plus but not required.
Experience
- 1–2 years of experience in accounting or finance.
- Proficiency in MS Excel (pivot tables, VLOOKUPs, HLOOKUPs, etc.).
- Familiarity with MS PowerPoint.
- Experience with Microsoft Dynamics 365, COUPA, or similar platforms is a plus.
General Requirements
- Positive attitude and eagerness to learn.
- Ability to prioritize and manage multiple tasks.
- Strong communication and analytical skills.
- High attention to detail.
