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Associate/Senior Associate, Fund Controller, Real Estate

External
Ares Management logoAres Management · London, UK
Full-timeOn-site6d ago
Financial Analysis
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Benefits

Equity / stock options

Additional Information

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 Background to Ares Ares Management LLC (together with its related operating and administrative subsidiaries, "Ares Management") is an Equal Employment Opportunity employer and considers all applicants for employment without regard to race, colour, religion, ethnicity, creed, sex, age, national origin, alienage or citizenship status, disability, medical condition, pregnancy, marital status, partnership status, sexual orientation, status regarding public assistance, military or veteran status, domestic violence victim status, gender identity and expression, transgender status, genetic information, status as unemployed, political affiliation or any other characteristic protected by federal, state or local law. Ares Management will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of the Fair Chance Initiative for Hiring Ordinance. With approximately $306 billion in assets under management, Ares Management Corporation (NYSE:ARES) is one of the largest global alternative asset managers, with five complementary and market leading investment groups: credit, private equity real estate, secondary solutions, and strategic initiatives. The firm is headquartered in Los Angeles with offices across the United States, Europe, Asia, and Australia. Ares Management Corporation's Real Estate Group manages comprehensive public and private, equity and debt strategies, with approximately $39.6 billion of assets under management as of December 31, 2021. Our Real Estate Group provides investors access to its capabilities through several vehicles including private commingled funds in the U.S. and Europe investing in equity and debt strategies, as well as Ares Commercial Real Estate Corporation (NYSE: ACRE), a publicly traded commercial mortgage real estate investment trust. Our Real Estate Group's activities are managed by dedicated equity and debt teams in the U.S. and Europe. In total the Ares Real Estate Group is comprised of more than 205 professionals, of which more than 60 are based in Europe, with offices in 14 US cities, and in Europe offices in London, Paris, and Luxembourg. Primary areas of focus for our Real Estate Group equity teams include Value-Add and Opportunistic strategies. Our European value-add strategy focuses on undermanaged and under-funded income-producing assets, including multifamily, office, industrial, and mixed-use retail properties across Western Europe. Our European opportunistic real estate strategy capitalizes on increased investor demand for developed and stabilized assets by focusing on the repositioning of asserts, capitalization of distressed and special situations, and development of core-quality assets across all major property types including multifamily, office, retail, and industrial properties throughout Europe. In addition, for Real Estate Debt teams focus is on originating, core senior loans backed by proven sponsorship and secured by commercial real estate predominantly located in the major cities in US and Europe, through various Core Real Estate Debt Funds and SMAs, generating both levered and unlevered returns for the investors. F&A Team Key Functions: Financial Reporting and Management Oversee and manage fund service providers (administrators, depositaries, banks) to ensure performance is in line with agreed service levels Liaise with a wide range of internal stakeholders and external service providers to ensure the quality and timely flow of financial data Oversee calculation of property performance, AUM, NAV, management fees, performance fees. Support preparation of financial statements, investor reports, capital statements, presentations, questionnaires, and Management Co. reports feeding into Ares public filing Provide deal support, including financial analysis and execution of deal cashflows Monitor cash and manage cash distribution process Allocate and review costs and expense recharges Manage audit and tax reporting processes Maintain fund dashboard and manage track record Review capital call and distribution notices and cash allocation schedules Prepare and review due diligence questionnaires, and presentations for fundraising Deal Execution and Asset Management Review of tax structuring paper in advance of acquisition Review acquisition / sale completion accounts Ensure acquisition accounting is accurately reflected in SP


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