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 The Associate, Property Accounting will be an integral part of our Property Accounting Team. This team is responsible for the day-to-day property accounting functions. The ideal candidate will be enthusiastic, detail-oriented, comfortable with a team-oriented, high-volume environment, able to multi-task, and able to think critically to ensure that key processes are effectively, accurately, and efficiently completed to support our business and team. Essential Duties Prepare direct bills, late fees, and one-time charges for tenants Maintain an accurate aging report, including application of tenant credits Work closely with Accounts Receivable Specialist to ensure accurateness and completeness Correspond with Third-Party Property Managers regarding property operations Review accounts payable for accurateness Prepare month end journal entries Prepare balance sheet reconciliations, bank reconciliations, and other duties as assigned Prepare monthly financial statements and reporting packages Prepare monthly utility, expense, and CAM accruals Review and prepare yearly CAM reconciliations Assist with yearly budget preparation Assist with project close-outs and adding fixed assets Education: Bachelor’s degree in Accounting or Finance demonstrating a strong academic record during undergraduate studies preferred. Experience Required: Knowledge of accounting to record accounting entries, analyze and interpret information, and make deductions from varying facts and circumstances required. 1-3 years of relevant experience in a high-volume environment preferred. Experience with Yardi and/or AvidXchange preferred. A motivated, detail-oriented individual with strong analytical and communication skills is required. The ability to multi-task in a highly dynamic environment and meet challenging deadlines is critical. Requires the ability to self-manage, problem solve and take initiative. An aptitude for Microsoft Office applications, including strong Excel skills required. Bachelor’s degree in Accounting or Finance demonstrating a strong academic record during undergraduate studies preferred. Reporting Relationships Controller Compensation The anticipated base salary range for this position is listed below. Total compensation may also include a discretionary performance-based bonus. Note, the range takes into account a broad spectrum of qualifications, including, but not limited to, years of relevant work experience, education, and other relevant qualifications specific to the role. $65,000 - $75,000 The firm also offers robust Benefits offerings. Ares U.S. Core Benefits include 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), and Commuter Benefits plan for parking and transit. Ares offers a number of additional benefits including 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, and much more. 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. Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, real estate, private equity and infrastructure asset classes. We seek to provide flexible capital to support businesses and create value for our stakeholders and within our communities. By collaborating across our investment groups, we aim to generate consistent and attractive investment returns throughout market cycles. As of March 31, 2024, Ares Management's global platform had approximately $428 billion of assets under management(1) with more than 2,900 employees operating across North America, Europe, Asia Pacific and the Middle East. For more information, please visit www.aresmgmt.com. 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, color, 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. (1) As of March 31, 2024. AUM amounts include funds managed by Ivy Hill Asset Management, LP., a wholly owned portfolio company of Ares Capital Corporation and registered investment adviser.