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Ares Management · 2 months ago

Accounting Associate, Commercial Finance

Tarrytown, NY

Full-time

Onsite

Entry Level

$100K/yr - $130K/yr

1+ years exp

Ares Management is a leading provider of asset-backed loans to middle-market businesses across the US and Canada. They are seeking a motivated Accounting Associate to join their Commercial Finance team, where the role involves financial reporting, account reconciliation, and maintaining the general ledger while working alongside experienced professionals.

Asset ManagementBusiness DevelopmentCreditFinanceFinancial ServicesInsurance

Growth Opportunities

H1B Sponsor Likely

Responsibilities

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

Qualification

AccountingFinancial ReportingMS Dynamics 365MS ExcelCOUPAAnalytical SkillsEagerness to LearnCommunication SkillsAttention to DetailPositive Attitude

Required

Bachelor's degree in Accounting or Finance required

1–2 years of experience in accounting or finance

Proficiency in MS Excel (pivot tables, VLOOKUPs, HLOOKUPs, etc.)

Familiarity with MS PowerPoint

Positive attitude and eagerness to learn

Ability to prioritize and manage multiple tasks

Strong communication and analytical skills

High attention to detail

Preferred

Additional certifications (CPA, etc.) are a plus but not required

Experience with Microsoft Dynamics 365, COUPA, or similar platforms is a plus

Benefits

Comprehensive Medical/Rx

Dental and Vision plans

401(k) program with company match

Flexible Savings Accounts (FSA)

Healthcare Savings Accounts (HSA) with company contribution

Basic and Voluntary Life Insurance

Long-Term Disability (LTD) and Short-Term Disability (STD) insurance

Employee Assistance Program (EAP)

Commuter Benefits plan for parking and transit

Access to a world-class medical advisory team

A mental health app that includes coaching, therapy and psychiatry

A mindfulness and wellbeing app

Financial wellness benefit that includes access to a financial advisor

New parent leave

Reproductive and adoption assistance

Emergency backup care

Matching gift program

Education sponsorship program

Company

Ares Management

Glassdoor4.1

Ares Management is an alternative asset manager focusing on credit, private equity, and real estate.

Founded in 1997

Los Angeles, California, USA

1001-5000 employees

http://www.aresmgmt.com

H1B Sponsorship

Ares Management has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (7)

2023 (1)