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:
The individual in this role will be a critical member of the finance team responsible for the operations of Audax Management Company. The focus of this role will be to assist the Controller with cash management, capital allocations, distributions, financial reporting and help to facilitate the close process. The role will work closely with senior management, other members of the management company team and with the firm’s third-party administrator.
The ideal candidate is a self-motivated and detail-oriented team player with strong organizational and accounting skills, including knowledge of GAAP, a professional and discreet demeanor, a flexible approach to learning and “do anything” attitude. This is an exciting opportunity for a motivated professional seeking a fast paced, dynamic and high energy work environment looking to influence business strategy and growth at a top-tier private equity firm.
RESPONSIBILITIES:
- Take ownership of the financial reporting process for the management companies, comprising the quarterly development of multiple special purpose combined financial statements, as well as annual standalone financials for two international management companies.
- Serve as the primary liaison between the firm and its’ external audit firm, helping to compile support and answer questions as needed/appropriate.
- Partner with and help mentor a strong junior team with tremendous potential.
- Act as a key contributor to the quarterly close process, including preparing/reviewing closing entries and partners’ capital allocation statements.
- Review monthly balance sheet account reconciliations, P&L trending analysis, and other management reporting.
- Play a key role in establishing effective accounting policies, procedures, and internal control framework.
- Assist with continuous process improvement initiatives, with a focus on the continued development of processes and best practices related to Oracle NetSuite and Concur.
- Coordinate various work streams with third-party administrator, ensuring that supporting documentation is delivered timely and in accordance with policy.
COMPETENCIES:
- Self-starter with ability to work independently and in a team environment.
- Ability to adapt in a dynamic environment and manage competing priorities.
- Demonstrated consistency in meeting deadlines with quality work product.
- Effective communication skills and ability interact with both senior management and outside parties.
- Professional and energetic attitude that contributes positively to the culture of the organization.
REQUIREMENTS/QUALIFICATIONS:
- Bachelors in Accounting required, with advanced degree or certification a plus.
- 5-7 years of experience in a corporate or public accounting role, preferably in private equity or financial services.
- Strong understanding of U.S. GAAP.
- Technologically savvy with advanced MS Excel skills, Oracle NetSuite or equivalent is a plus.
Location: Boston, MA - Hybrid 3 Days/Week
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.
