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Finance Associate - GP

boston, ma • Posted 5 days ago
Onsite Full Time General

Bain Capital OverviewWith approximately $215 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, and Real Assets. Today, our team includes 1,985+ 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.General Partner GroupThe General Partner Group is responsible for the operational, accounting, tax, and reporting aspects of each of the general partner entities. These entities invest across all of the firm's business units giving the team the unique opportunity to gain exposure throughout the company. Members of the team also regularly collaborate with several internal departments, including fund accounting, tax, legal, compliance, HR, corporate, and IT, as well as third-party service providers such as the firm's tax advisors.Key ResponsibilitiesThis position would primarily be responsible for assisting with the treasury, accounting, tax and fair market value reporting functions for General Partner entities associated with the Private Equity, Venture, Crypto, Double Impact, Life Sciences, Tech Opportunities and Insurance business units.

Responsibilities include, but are not limited to, the following:Operations and administrative activity of the partnerships, including cash management, capital calls, cash distributions, cash reconciliations, bank account openings and related regulatory requirementsCarry, vesting, and profit/loss allocations to the partners and members of the General Partner entitiesQuarterly and annual fair market value reporting, including supporting documentation for capital accounts, trial balances and other financial reconciliationsQuarterly tax estimates and annual tax books and reporting for the partnershipsCash, book and tax journal entries into Investran, the third party portfolio management and accounting softwareIn addition, this position will also:Assist in generating responses to investor inquiries and requests for informationCreate reports for GP investors including fair market value, tax basis activity, and partnership investment reportsInteract with other teams within Finance to determine appropriate treatment of transactions and investment earningsWork with all levels from Associates to Partners on projects to enhance the performance of the team, department, and firmOpportunities for additional responsibilities where performance allowsGeneral Qualifications1-2 years accounting experience in the financial service industry, with a solid understanding of investment partnerships preferredReliable and collaborative team member with strong sense of ownership and follow-through skillsExcellent project management and organizational skills; ability to effectively prioritize multiple projects with high attention to detailCreative problem solving ability and sound judgment; ability to use own initiative and take responsibility for decisions and propose solutionsStrong interpersonal and communication skills with capacity to interact with all levelsEnjoys working in a service environment and understands the demands of a high paced, high quality firmAbility to handle highly confidential and sensitive information with discretionWorks well independently and capitalizes on opportunities to learn and growAdvanced MS Office, particularly ExcelDesired Background/EducationBachelor's degree in Accounting or FinancePublic accounting, partnership and/or financial services experience a plus, but not requiredCompensation:Expected Annual Base Salary $80,000 – 85,000. Actual base salary will be determined by a wide range of factors including but not limited to role, function, level, experience, qualifications and geographic location. In addition to a competitive base salary, this position may be eligible for a discretionary annual bonus based upon factors such as individual impact, team and firm performance. Bain Capital offers a competitive benefits package designed to support employees' health, financial security, family needs, and overall well-being.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.

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