BAIN CAPITAL OVERVIEW:
With 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.
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.
This role offers broad exposure across Bain Capital’s global investment platform, meaningful ownership of complex partnership structures and related finance processes, regular interactions with professionals across the Firm, and a dynamic day-to-day within a highly collaborative team environment.
KEY RESPONSIBILITIES FOR THIS POSITION
Responsible for a number of the co-invest partnerships and working with and supervising staff on the following:
· Ownership of quarterly and year-end accounting and reporting for assigned partnerships
· Oversight and review of daily transactional activity for large portfolios of funds, including capital calls and distributions, with responsibility for identifying issues, ensuring appropriate controls, and escalating issues as needed
· Preparation and review of annual tax basis books, including tracking and review of K-1 activity and coordination with internal and external tax teams
· Management of fund administrative activities including cash management and treasury responsibilities, capital and custody management, cash and stock distributions, monthly cash reconciliations, and tax withholding analysis
· Active collaboration with stakeholders ranging from Associates to Partners on cross-functional initiatives to enhance the reporting, controls, and the overall coinvest platform
· Participation in process improvement, documentation, and systems-related initiatives, leveraging prior experience to enhance efficiency and scalability
GENERAL QUALIFICATIONS
· 3+ years of accounting experience with investment companies with tax exposure, and/or public accounting with audit and/or tax experience
· Solid understanding of investment partnerships and partnership accounting concepts
· Strong project management and organizational skills with the ability to manage multiple priorities and deadlines while maintaining a high level of accuracy and attention to detail
· Demonstrated ability to exercise sound judgment, operate with increasing autonomy, and proactively identify, assess, and resolve issues
· Strong interpersonal skills with capacity to interact with all levels
· Understands and enjoys the demands of a service-oriented, deadline-driven 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 preferred, Master’s Degree a plus
Compensation:
Expected Annual Base Salary $95,000 – 110,000
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.