Audax Group is a leading alternative investment manager with offices in Boston, New York, San Francisco, and London. Since its founding in 1999, the firm has raised over $40 billion in capital across its Private Equity and Private Debt businesses. With more than 400 employees and approximately 180 investment professionals, the firm is a leading capital partner for North American middle market companies. For more information, visit the Audax Group website www.audaxgroup.com.
POSITION SUMMARY:
This position is responsible for providing operational and financial support to the Audax Origination investment, investor relations, and management teams. This team member will work closely with the deal team in coordinating and executing the deal closing process through review of legal documents, review of funds flows, recalculating fees, and executing wire transfers, while promoting an environment of compliance, efficiency, accuracy, quality, and control.
The ideal candidate is a self-motivated team player with strong technical skills able to materialize concepts into effective, concise, and timely action plans. This is an opportunity to join a growing platform at a well-established firm and work with a team that is lean, extremely cohesive, and very collegial.
RESPONSIBILITIES:
- Work closely with investment team in tracking investment pipeline, mandates and closing
- Work with the investment team to review and/or create required materials for deal closing; credit agreement review, funds flow preparation, closing checklist maintenance, KYC requests
- Assist with Lead Agent responsibilities and manage external 3rd party sub-agent services
- Coordinate funding of DDTL and Revolver draws including syndicate members
- Preparation and maintenance of leverage facility CMRs and compliance certificates
- Manage line of credit/subscription facility reporting and compliance for multiple funds, including preparation of borrowing notices, facility paydowns and interest expense tracking
- Prepare assignment and transfer agreements
- Daily communication with finance team and investment teams to maintain liquidity analysis and pending close reports
- Coordinate with finance team for the preparation of daily wires for fund expenses, distributions, and other fund related activity
- Assist the team with audit requests related to deal and credit / leverage facility activity
- Coordinate the opening of new bank accounts
- Identify continued process and reporting enhancements related to daily operations
REQUIREMENTS/QUALIFICATIONS:
- Bachelor’s Degree in Finance, Accounting, or a related major; CPA or MBA a plus
- Minimum of 3 years of professional experience, strong preference for candidates with experience in debt products
- Advanced knowledge of Excel (ie: pivot tables, vlookups, etc.)
- Strong organizational skills with the ability to multitask and prioritize workload
- Strong interpersonal and communication skills
- Working knowledge of Investran, WSO, Clear Par and Black Mountain/Allvue a plus
LOCATION: Boston, MA. This is a Hybrid position: 3 days/week in the Boston office. Open to candidates located in the Charlotte, NC metro area.
The base salary range for this position is $80,000 - $100,000. The base salary range represents the estimated low and high end for this position at the time of this posting. Consistent with applicable law, compensation may vary and will be determined based on but not limited to, the skills, qualifications, and experience of the applicant along with the requirements of the position, and Audax reserves the right to modify this pay range at any time. An employee may also be eligible for annual discretionary incentive compensation based on performance.
Audax offers a wide range of employee benefits, including health insurance, life insurance, disability insurance, paid time off (including sick leave, parental leave, volunteer leave, and vacation), charitable donation match, family support services (including Bright Horizons and Benefit Advocate Center), and a 401(k) in addition to other benefits.
This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Duties, responsibilities and activities may change or new ones may be assigned at any time with or without notice.
Audax Management Co. is an equal opportunity employer.
Please note that Audax Group and its affiliated entities do not accept unsolicited resumes from a third-party recruiting agency not currently under a signed agreement. Any unsolicited resume that is sent to directly to Audax Group or one of its affiliated entities, or its employees, including those submitted to hiring managers by a third-party recruiting agency not currently under a signed agreement, will be considered property of Audax Group. If a third-party recruiting agency submits a resume without an agreement, Audax Group or its affiliated entities explicitly reserves the right to pursue and hire those candidate(s) without any financial obligation to the third-party recruiting agency. Any third-party recruiting agency should contact either a member of the Talent Acquisition or Human Resource team at Audax Group, in conjunction with a valid, fully executed contract for service based upon a specific job opening.
Top Skills
What We Do
Founded in 1999, Audax Group is a leading alternative investment manager with offices in Boston, New York, San Francisco and London. With approximately $36 billion of assets under management and more than 360 employees, Audax is a leading capital partner for middle market companies, operating through three distinct business lines: Audax Private Equity, Audax Private Debt, and Audax Strategic Capital.
For more information, visit the Audax Group website www.audaxgroup.com.
