Finance Associate - Accounts Recievable

BAIN CAPITAL OVERVIEW

With approximately $185 billion of assets under management, Bain Capital is one of the world’s leading private investment firms. We create lasting impact for our investors, teams, businesses, and the communities in which we live. Over four decades we have strategically grown our platform to focus on Private Equity, Growth & Venture, Capital Solutions, Credit & Capital Markets, and Real Assets. Today, our team includes 1,880+ employees in 24 offices on four continents. 

We partner differently to help people and companies embrace possibility and realize potential. Founded as a private partnership in 1984, we have fostered a culture of innovation, entrepreneurialism, and agility, empowering our people to define and own their career trajectories. Today, our partnership approach enables us to pursue strategic growth, build enduring relationships with a robust external network, and collaborate across our integrated platform to connect the deep and diverse expertise that unlocks breakthrough insights.

Our people are the heart of our advantage. Colleagues at all levels have a seat at the table as they tackle business challenges with a principal investor mindset. By asking incisive questions, respectfully challenging one another, and remaining intellectually agile, we work together to achieve exceptional outcomes. 

CORPORATE FINANCE GROUP

The Corporate Finance Group consists of 25 individuals and is responsible for the day to day accounting for the Global Management Company.  Our current Enterprise Risk Platform (general ledger system) is Workday Financials. The Global Management Company consolidates the operations of the Investment Advisors (one for each business – Private Equity, Credit, Ventures, Public Equity, Double Impact, Life Sciences, Real Estate, and Partnership Strategies) and the entities by geography including Asia Pacific (Hong Kong, Tokyo, Shanghai, and Australia), Europe (London, Dublin, Munich and South Africa) and India (Mumbai and Mauritius).  The Corporate Finance Group is also responsible for tax accounting and works closely with the Tax Department on Tax Reporting. Various other responsibilities within the group include the treasury and cash management function, internal reporting, external reporting, accounts receivable, accounts payable and fixed assets.

KEY RESPONSIBILITIES        

Responsible for the following tasks associated with a number of the Bain Capital entities:

• Work with the Associate and assist with the accounting and tasks related to the efficient invoicing, processing and maintenance of accounts receivable transactions

• Ownership of external party invoicing, collections, and reporting process

• Prepare quarterly management fee and expense reimbursement invoices for portfolio companies managed by Bain Capital, LP’s business units as well as expense summaries for pending deals

• Prepare invoices to be sent to Business Units throughout the year

• Record revenue and expense reimbursements in the general ledger

• Monitor amounts billed vs. collected, real-time from portfolio companies and funds

• Monitor and maintain compliance with firm policies and contractual agreements regarding billing of expenses to external parties

• Assist in monitoring the allocation of spend across different funds & Business Units

• Assist with progressing system improvements & IT initiatives.

• Coordinate and liaise with the international offices on deliverables such as the monthly/quarterly financial reporting package, local statutory audits, and the annual close process

• Perform ad hoc analysis as needed

GENERAL QUALIFICATIONS

• Must be detail-oriented, organized and professional;

• Intermediate to advanced excel user;

• Strong interpersonal skills with the ability to interact daily with outside parties and personnel at all levels throughout the organization;

• Team player, a take charge attitude and the ability to take direction;

• Ability to prioritize responsibilities and work under tight deadlines;

• Must be able to multi task in a constantly changing environment;

• Excellent organizational skills;

• Strong work ethic; and

• Strong written and verbal communication skills

DESIRED BACKGROUND

• Bachelor in Accounting or Finance is a must with a minimum GPA of 3.3

• 0-2  years of related experience