Principal, Treasury

Description

The Ares Corporate Treasury Department is responsible for capital planning, global cash and liquidity management, and foreign exchange risk mitigation across the organization’s global footprint. The department supports the business through several key functions, including:

• Balance Sheet Management: Developing strategies to leverage and monetize current and forecasted balance sheet assets.
• Capital Markets: Monitoring equity, debt, and loan capital markets to execute fundraising transactions that support anticipated capital requirements.
• Liquidity and Cash Management: Forecasting and monitoring global cash needs, and facilitating cross-border transactions to support international entities.
• Foreign Exchange Risk Management: Identifying, evaluating, and executing derivative transactions to mitigate currency risks.

The Principal, Treasury, will provide strategic leadership for the company’s treasury function, managing a team and overseeing all aspects of cash management, liquidity planning, and banking operations. This position requires advanced expertise in treasury systems and a strategic mindset to drive process improvements and support the organization’s financial objectives.

Supervises: Corporate Treasury Team – 3-5

Primary functions and essential responsibilities

• Oversee cash management operations, including intercompany cash pooling and short-term investment management.
• Support treasury activities for fund groups, including Secondaries, Private Equity, and Co-investment.
• Manage credit facility activities, including forecasting facility requirements.
• Oversee liquidity forecasting and coordinate with global teams to ensure optimal cash positioning.
• Collaborate with the Capital Solutions team to assess and monitor foreign exchange, interest rate, and counterparty risks.
• Partner with senior leadership to develop and implement treasury strategies aligned with corporate objectives.
• Serve as the subject matter expert for treasury workstations (e.g., Kyriba, FIS), including system administration, workflow optimization, and integration with other enterprise systems.
• Lead treasury initiatives to optimize liquidity, cash forecasting, and working capital management.
• Drive enhancements and automation projects to improve visibility, efficiency, and accuracy in liquidity forecasting, cash management, payment processing, and reporting.
• Manage global cash positioning, banking relationships, and ensure compliance with internal controls and regulatory requirements.
• Build, maintain, and strengthen banking relationships; negotiate terms and manage associated fees.
• Ensure compliance with internal controls, SOX requirements, and regulatory standards.
• Support global corporate treasury responsibilities, including rating agency relationships, financial commitments tracking, and other strategic transactions.
• Lead the preparation, delivery, and presentation of treasury reports to executive leadership.

Qualifications

Education:

• Bachelors Degree or equivalent

Experience Required:

• 10+ years of experience in global Treasury or investment management.
• Demonstrated experience partnering with business units to drive operational efficiency and collaborative outcomes.
• Comprehensive knowledge of treasury operations, including banking and cash management/forecasting in both U.S. and international contexts.
• Proficiency with treasury tools and banking portals.
• Familiarity with various payment methods and flows (local and cross-border wires, ACH).
• Strong technical acumen for solving complex problems using enterprise tools (report writers, SQL, Excel, PowerBI, Anaplan, etc.).
• Experience in front-office investment and business operations.
• Proven ability to lead process improvement and automation initiatives.
• Exceptional relationship management skills with banks and both internal and external stakeholders.

General Requirements:

• Flexibility regarding role scope and willingness to take on new projects and acquire new skills.
• Outstanding written and verbal communication, presentation, documentation, and interpersonal skills; strong customer focus.
• Ability to manage multiple priorities and competing demands; strong time management and prioritization skills.
• High degree of accuracy and attention to detail; confident decision-making abilities.
• Ability to extract and synthesize meaningful insights from extensive research and analysis, presenting findings in a clear and digestible format.
• Sound judgment in escalating issues versus resolving problems independently.
• Analytical mindset with a passion for process efficiency and innovation.
• Comfort with ambiguity and uncertainty in a dynamic, fast-paced environment.
• Flexibility in working hours to coordinate with team members across various time zones.

Reporting Relationships

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.

$230,000 - $260,000

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.