[1] He completed a bachelor's of business administration in accounting at the University of Puerto Rico, Río Piedras Campus.
Parés earned a Master of Science in taxation from Northeastern University.
[2][3] Parés is a certified public accountant and worked for Deloitte.
[3] He later became the assistant secretary for internal review and tax policy areas in the Puerto Rico Department of Treasury.
In July 2019, he was nominated by Governor Ricardo Rosselló to succeed Raúl Maldonado as Secretary of Treasury of Puerto Rico.