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
Responsibilities
PRIMARY FUNCTIONS AND ESSENTIAL RESPONSIBILITIES
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Execute all operational activities accurately within defined SLAs and in accordance with departmental policies and procedures.
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Perform daily cash reconciliation for AP transactions, comparing bank statements vs accounting system data
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Identify and investigate unmatched transactions / breaks and ensure timely resolution
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Verify vendor payments, invoices, and settlement status to validate recon items
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Post necessary adjustments/journal entries to clear recon differences
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Track and follow up on open/aged items and ensure closure within defined timelines
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Coordinate with AP, AR, Treasury, and GL teams for resolution of discrepancies
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Maintain and update cash reconciliation files and supporting documentation
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Ensure adherence to controls, SOPs, and audit requirements
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Support month-end close activities related to cash and AP reconciliations
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Provide periodic status reports on recon differences and trends
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Collaborate with teams (Accounts Payable, Corporate Accounting, Fund Accounting, & Business Users) ensuring operational activities are executed flawlessly such as cash reconciliations
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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
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Provide support and analysis to other ad-hoc projects and initiatives as directed by department
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Ensure business process/policy documentation is maintained regularly
Requirements
QUALIFICATIONS
Education:
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University/College Degree required (Business or Accounting preferred)
Experience Required:
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2-4 years Accounts Payable experience in a global organization
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Preferred someone who has worked as in performing cash reconciliations or payments
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Experience using Coupa, Oracle Fusion or any other ERP
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Proficient in Microsoft Office Suite with strong Power Bi Skills
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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
Vice President, Global Procurement & Payables
Legal
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.