About this role
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
• Execute all operational activities accurately within defined SLAs and in accordance with departmental policies and procedures. • Perform daily cash reconciliation for AP transactions, comparing bank statements vs accounting system data • Identify and investigate unmatched transactions / breaks and ensure timely resolution • Verify vendor payments, invoices, and settlement status to validate recon items • Post necessary adjustments/journal entries to clear recon differences • Track and follow up on open/aged items and ensure closure within defined timelines • Coordinate with AP, AR, Treasury, and GL teams for resolution of discrepancies • Maintain and update cash reconciliation files and supporting documentation • Ensure adherence to controls, SOPs, and audit requirements • Support month-end close activities related to cash and AP reconciliations • Provide periodic status reports on recon differences and trends • Collaborate with teams (Accounts Payable, Corporate Accounting, Fund Accounting, & Business Users) ensuring operational activities are executed flawlessly such as cash reconciliations • Execute duties related to the month and quarter end close processes such as reconciling AP Subledger, providing accrual support, and completing all Corporate Accounting Requests • Provide support and analysis to other ad-hoc projects and initiatives as directed by department • Ensure business process/policy documentation is maintained regularly
QUALIFICATIONS Education:
• University/College Degree required (Business or Accounting preferred) Experience Required:
• 2-4 years Accounts Payable experience in a global organization • Preferred someone who has worked as in performing cash reconciliations or payments • Experience using Coupa, Oracle Fusion or any other ERP • Proficient in Microsoft Office Suite with strong Power Bi Skills • Financial Service Industry experience preferred.
General Requirements: • Detailed oriented with the drive to be both accurate, efficient, and organized • Resourceful and a strong problem solver capable of working autonomously • Ability to thrive in fast-paced environments and have a balance of analytical, technical and communication skills (written and verbal) • Adaptability when faced with changing processes or technology • Strong desire to deliver excellent customer service with the ability to be proactive and anticipate the needs of the business and react accordingly.
Reporting Relationships Managing Director, Procurement & Payables 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.