Associate, Accounts Payable

Posted 23 Days Ago
Be an Early Applicant
Chicago, IL, USA
In-Office
55K-80K Annually
Mid level
Fintech • Payments • Financial Services
The Role
The Associate will manage the accounts payable function, review expense reimbursements, and participate in accounting activities for Adams Street.
Summary Generated by Built In

Adams Street Partners (“Adams Street”) is a global private markets investment manager that has nearly $70 billion* in assets under management. The firm is 100% employee-owned, which fosters a positive and unique culture of collaboration, intellectual rigor, integrity, and a commitment to professional development. For the eighth year in a row, Adams Street was named one of Pension & Investments’ Best Places to Work in Money Management in 2025. 

Employees operate as a single global team, integrating the expertise of the firm’s investment professionals across five strategies: primary investments, secondary investments, growth equity, private credit, and co-investments.  Adams Street is considered a private markets pioneer and was inducted into the Private Equity Hall of Fame in 2000.

The firm was founded more than 50 years ago, and clients include leading public and corporate pension plans, foundations, endowments, insurance companies, registered investment advisors, and high net worth individuals worldwide.

Adams Street has offices in Abu Dhabi, Austin, Beijing, Boston, Chicago, Hong Kong, London, Munich, Menlo Park, New York, Seoul, Singapore, Sydney, Tokyo and Toronto.

*Firmwide AUM as of December 31, 2025 was $69.9bn; does not include the more recent private credit closings or private credit leverage which may be discussed herein or is available upon request. AUM since that date is in excess of $70bn as a result of more recent fund closings.

Adams Street is seeking an Associate to join the Finance team. This individual will have various responsibilities in supporting the accounting and finance activities for the Firm.

Responsibilities include, but are not limited to:
  • Manage the Firm’s accounts payable function, including processing, reconciling, monitoring, and reviewing accounts payable,
  • Review and process expense reimbursements within firm policy,
  • Participate in daily, monthly, and quarterly accounting activities for Adams Street,
  • Process cash transactions and reconciliations.
Candidate Requirements:

We seek an individual who is self-disciplined, demonstrates creative thinking and has the following characteristics

  • College graduate, ideally with a degree in Accounting
  • Minimum of 3+ years of relevant accounting experience working in accounts payable
  • Prior experience with Concur and its products required
  • Prior experience with cash reconciliations
  • Command of Microsoft applications with advanced level in Excel
  • Working knowledge of general ledger accounting packages, preferably Intacct
  • Self-starter who can work with minimal supervision within a team environment
  • Strong organization and communication skills
  • High degree of professionalism by exercising discretion, judgement and honoring confidentiality

We offer a competitive U.S. benefits package designed to support health, financial security, and work-life balance. Highlights include medical, dental, and vision coverage; a 401(k) with immediate vesting and employer match; profit sharing; flexible spending accounts (FSA); and paid parental leave, including adoption. Employees also receive generous paid time off, commuter benefits, employer-paid short- and long-term disability and life insurance, and access to additional voluntary benefits.

Illinois Pay Transparency
$55,000$80,000 USD

Skills Required

  • College graduate, ideally with a degree in Accounting
  • Minimum of 3+ years of relevant accounting experience working in accounts payable
  • Prior experience with Concur and its products required
  • Prior experience with cash reconciliations
  • Command of Microsoft applications with advanced level in Excel
  • Working knowledge of general ledger accounting packages, preferably Intacct
  • Self-starter who can work with minimal supervision within a team environment
  • Strong organization and communication skills
  • High degree of professionalism by exercising discretion, judgement and honoring confidentiality
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The Company
HQ: Chicago, Illinois
351 Employees
Year Founded: 1972

What We Do

Adams Street Partners is a global private markets investment manager with investments in more than thirty countries across five continents. Drawing on over 50 years of private markets experience, proprietary intelligence, and trusted relationships, Adams Street strives to generate actionable investment insights across market cycles. Adams Street is 100% employee-owned and manages $58 billion in assets under management. Adams Street has offices in Austin, Beijing, Boston, Chicago, London, Menlo Park, Munich, New York, Seoul, Singapore, Sydney, and Tokyo

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