Senior Finance Associate - Coinvest

Posted 15 Days Ago
Be an Early Applicant
Boston, MA
3-5 Years Experience
Financial Services
The Role
Responsible for accounting, tax, and reporting aspects of the coinvest portfolio. Supervise staff on various tasks including accounting, tax basis books, portfolio activity, fund administrative tasks, and project enhancements. Collaborate with internal departments and external advisors. Requires 3+ years of accounting experience with investment companies or public accounting, solid understanding of investment partnerships, project management skills, CPA or Master's Degree in Accounting or Finance.
Summary Generated by Built In

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.

Top Skills

Excel
MS Office
The Company
HQ: Boston, MA
1,331 Employees
On-site Workplace
Year Founded: 1984

What We Do

Bain Capital is one of the world’s leading alternative investment firms. More than 1,200 Bain Capital employees work together at locations in Boston, Chicago, New York, San Francisco, Palo Alto, London, Dublin, Hong Kong, Shanghai, Guangzhou, Melbourne, Sydney, Madrid, Luxembourg, Munich, Mumbai, Seoul, and Tokyo to manage approximately $155 billion in assets.

Founded in 1984, Bain Capital has advanced a consulting-based approach to investment. We develop close partnerships with management teams around the world, uncovering valuable insights that drive long-term value to businesses and markets. We have expanded this approach beyond private equity to several asset classes, including credit, fixed income, public equity, venture capital, and real estate. We’re dedicated to responsible business practices, and environmental, social, and governance (ESG) standards are critical considerations in our investment approach.

We strive to create lasting impact for all stakeholders: our investors, our teams, our businesses, and the communities we’re a part of. We believe our shared values form the core of our competitive advantage:

- We develop exceptional partnerships. We know great outcomes come from great teams.

- We challenge conventional thinking. We think differently. We nurture a culture of deep objective inquiry and seek the full potential in every opportunity.

- We work with tenacity. We roll up our sleeves, dig in, and come to work every day searching for better outcomes.

- We believe character matters. We prize personal integrity and humility.
Our team also supports a variety of charitable and nonprofit organizations by donating time, expertise and resources through the Bain Capital Community Partnership. Bain Capital Children's Charity, founded in 1996, has proven this by providing more than $55 million to 350 youth-related causes thanks to contributions from the firm’s employees and partners.

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