Senior Finance Associate - Coinvest

Bain Capital · Boston, MA

Company

Bain Capital

Location

Boston, MA

Type

Full Time

Job Description

BAIN CAPITAL OVERVIEW

Bain Capital, LP is one of the world’s leading private multi-asset alternative investment firms with over $180 billion of assets under management that creates lasting impact for our investors, teams, businesses, and communities in which we live. Since our founding in 1984, we’ve applied our insight and experience to organically expand into several asset classes including private equity, public equity, fixed income, credit, venture capital and real estate. We leverage our shared platform to capture cross-asset class opportunities in strategic areas of focus. With offices on four continents, our global team aligns our interests with those of our investors for lasting impact. 

COINVEST FINANCE GROUP

Significant alignment with LPs has been one of the cornerstones of Bain Capital’s strategy since the firm was founded. This alignment is achieved through the firm’s extensive coinvest program, through which employees, collectively, have been, and continue to be among the largest investors in nearly every Bain Capital investment across all business units. The Bain Capital Coinvest Finance Group is a team of 20 individuals responsible for the operational, accounting, tax, and reporting aspects of the coinvest portfolio. With significant investments across the entire Bain Capital platform, the portfolio provides the team with the unique opportunity to gain exposure to all of the firm’s business units. Members of the team regularly collaborate with members of nearly every internal department in the company, including investment professionals from all business units, all internal finance departments, tax, legal, HR, compliance, and IT, as well as the firm’s outside advisors, including attorneys, banks, custodians, and accounting and tax professionals.

KEY RESPONSIBILITIES FOR THIS POSITION

Responsible for a number of the co-invest partnerships and working with and supervising staff on the following:

  • Quarterly and year end accounting and reporting

  • Preparation and review of annual tax basis books, including tracking and review of K-1 activity and consultation with external and internal tax departments and external administrators. 

  • Monitor and review entry of daily activity for large portfolios of funds through review of capital call and distribution notices

  • Fund administrative activity including cash management, capital calls, cash and stock distributions, monthly cash reconciliations, tax withholding analysis

  • Work with all levels from Associates to Managing Directors on projects to enhance the product of the team, department and firm

GENERAL QUALIFICATIONS

  • 3+ years accounting experience with investment companies with tax exposure, and/or public accounting with either audit or tax experience

  • Solid understanding of investment partnerships

  • Excellent project management and organizational skills; ability to effectively prioritize multiple projects with high attention to detail

  • Creative problem solving ability and sound judgment – ability to use own initiative and take responsibility for decisions

  • Strong interpersonal skills with capacity to interact with all levels

  • Understands and enjoys the demands of a service environment

  • Capable of handling highly confidential and sensitive information

  • Advanced MS Office, particularly Excel

DESIRED BACKGROUND/EDUCATION

  • Bachelor’s Degree in Accounting or Finance

  • CPA and/or Master’s Degree preferred

Bain Capital is an equal opportunity employer. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status.

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Date Posted

10/02/2024

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