Senior Finance Associate - Partnership Strategies

BAIN CAPITAL OVERVIEW

Bain Capital, LP is one of the world's leading private investment firms with approximately $175 billion of assets under management that creates lasting impact for our investors, teams, businesses, and the 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, credit, public equity, 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.

BAIN CAPITAL PARTNERSHIP STRATEGIES

Bain Capital Partnership Strategies was formed in 2005, initially to find investments for the personal capital of Bain Capital's partners. Our 11-person, Boston-based team combines rigorous fundamental research, deep experience across asset classes, and a global perspective to make unique investments that are not widely available.

The Partnership Strategies Fund is a multi-strategy hedge fund with a differentiated approach to investing. The Fund utilizes off-market sourcing, detailed underwriting, and a long-term time horizon to create a diversified portfolio of hard-to-access investments that generate returns uncorrelated to equity markets. Our investments span a wide variety of asset classes and geographies, and take many forms including start-up businesses, strategic partnerships, and direct investments. We work closely with our management partners to support their growth and create value for our investors. The Partnership Strategies Fund and related entities manage almost $2.0 billion of assets.

KEY RESPONSIBILITIES

Will include some or all of the following for multiple funds:

• Preparation of all aspects of financial reporting including:
  • Daily analysis of investment activity and performance reporting
  • Monthly capital reporting to investors as well as associated returns, positioning, and attribution analysis
  • Assist in preparation of monthly investor reports and quarterly investment letters.
  • Annual Financial Statements
  • Assist in preparation of taxable income and allocation workbooks for quarterly tax estimate and annual K-1 processes
  • Intercompany reporting (e.g. Investor Relations, Diligence, Bain Corporate, G.P., Coinvest, Compliance, Tax, Legal, and other Bain Capital investment divisions)
  • Frequent / Challenging / Unique Ad hoc requests

• Application of provisions described in complex legal documents (e.g. PPMs/LPA/IMAs) including:
  • Capital Call Provisions
  • Capital Allocations
  • Carried Interest Allocations
  • Distribution Provisions
  • Management Fees
  • Expenses (ability to charge as well as expense cap provisions)
  • Investment Restrictions/Compliance
• Close interaction with Portfolio Management team to address issues surrounding investment objectives and constraints within each fund's investment mandate. Responsible for having an understanding of asset classes owned within each fund.
• Close interaction with deal staff to address any question that arises as part of the financial reporting process. Responsible for understanding the nature of their questions and addressing accordingly either through providing additional information as needed or developing new solutions to address their needs.
• Close interaction with outside Fund Administrators to provide necessary support and resolve issues as discovered as part of the monthly/quarterly NAV process and annual financial reporting process. Responsible for determining the root cause of the issues encountered, determining effective solutions, and then overseeing the implementation of those solutions.
• Close interaction with Treasury Department to instruct cash movements and ensure proper cash management.
• Close interaction with Investor Relations to address any questions from investors.
• Close interaction with internal IT and outside consultants to achieve implementation of systematic solutions/efficiencies in relation to accounting systems and recurring reporting requests. Assist in the design of solutions, as well as ownership of the user acceptance testing and implementation of solutions. Propose new initiatives as challenges/inefficiencies arise.
• Close interaction with outside auditors during year end audit and interim.
• Close interaction with tax accountants for the preparation of tax returns and K-1's.

GENERAL QUALIFICATIONS

• 2-4 years of public accounting, audit or tax, or other relevant work experience in a rigorous environment.
• Strong ability to prioritize multiple responsibilities and work under tight deadlines.
• Self-starter with initiative. Ability to work unsupervised.
• Strong analytical problem-solving skills.
• Strong interpersonal skills with capacity to interact with outside parties and personnel across all levels of the firm.
• Ability to decipher complex legal documents.
• Dedicated team player with a strong sense of ownership and follow-through skills
• Detail-oriented, conscientious and energetic professional.
• Strong Excel skills including the ability to develop efficient Excel templates from scratch. Experience with macros not needed.
• Strong ability to think outside the box to develop solutions to Frequent / Challenging / Unique Ad hoc requests in order to deliver the desired result/information when quite often starting from a blank slate.

DESIRED BACKGROUND/EDUCATION

• Four-year college degree with a strong academic background.
• Major in accounting (preferred), finance and/or related degree.
• CPA or equivalent qualification a plus. Work toward or an interest in pursuing a CFA charter a plus.

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.