Finance Manager, Private Debt

Audax Group; Boston (MA); Hybrid; USD 125,000 - 150,000; Full time

Benefits offered by this job

Health insurance

Life insurance

Disability insurance

Paid time off

401(k)

Charitable donation match

Job summary

A leading alternative investment manager in Boston seeks a Finance Manager to handle financial reporting for Private Debt. This position requires a Bachelor's Degree in Accounting/Finance with a CPA and at least 5 years of relevant experience. The Finance Manager will prepare financial statements, support fundraising efforts, and manage audits. Strong communication and organizational skills are essential. The role is in-office 3 days a week, with competitive compensation ranging from $125,000 to $150,000 along with benefits.

Qualifications

• Minimum 5 years of experience in accounting, preferably with alternative investment asset managers.
• Extensive experience with Private Equity/Debt valuation is required.
• SEC/BDC reporting and CLO experience is a plus.

Responsibilities

• Prepare monthly, quarterly, and annual financial statements for Private Debt funds.
• Collaborate with Investor Relations for fundraising materials.
• Contribute to the valuation process for investments.
• Review fund administrator’s work and manage tax estimates.
• Lead communication with auditors for year-end financials.

Skills

Advanced GAAP financial reporting experience

Effective communication skills

Strong organizational skills

Expert knowledge of Microsoft Office suite

Leadership skills

Ability to work independently

Fast-paced environment adaptability

Education

Bachelor’s Degree in Accounting/Finance with a CPA

Job description

Overview

Founded in 1999, Audax Group is a leading alternative investment manager with offices in Boston, New York, San Francisco, London and Hong Kong. With approximately $42 billion in assets under management and more than 475 employees, Audax is a leading capital partner for middle‑market companies, operating through three business lines: Private Equity, Private Debt, and Strategic Capital.

Position Summary

The Finance Manager is based in Boston and is responsible for the financial reporting and accounting for Audax Private Debt. The role is a key contributor to the Private Debt valuation process and to compliance and control processes for several Private Debt Funds. The Finance Manager works closely with Valuation, Investor Relations, CLO, FP&A, Tax and Senior Debt Deal teams.

Responsibilities

• Preparation and review of the monthly, quarterly, and annual financial statements, fund‑level returns and investor deliverables for various Private Debt funds.
• Work with the Investor Relations team in preparing fundraising materials and in providing information for investor requests, including fund performance data, fee information and underlying portfolio financial information.
• Prepare monthly and quarterly MD&A on fund performance for senior management.
• Contribute to the valuation process for debt, equity and CLO investments.
• Review fund administrator’s work on various Private Debt funds.
• Administration of assigned funds: prepare/review, coordinate, calculate capital calls and distributions.
• Work with the Tax team in preparing quarterly tax estimates as well as year‑end tax allocations.
• Track and update the portfolio of investments for the various Private Debt funds.
• Track interest payment receipts across portfolio team.
• Daily cash management, monitoring, and reconciliation with the bank.
• Take a lead role with the firm’s outside auditor in preparation/review of year‑end audited financials.
• Be available to provide timely communication to internal and external stakeholders on projects when required.
• Responsible for coaching and developing junior team members.

Competencies

• Advanced GAAP financial reporting experience.
• Effective communication skills and ability to interact with Senior Management and outside parties.
• Strong organizational skills.
• Professional and energetic attitude.
• Expert knowledge of Microsoft Office suite (Excel, Word, etc.).
• Self‑starter with ability to work independently and in a team environment.
• Exemplary leadership skills.
• Ability to work in a fast‑paced environment and manage competing priorities.
• Demonstrated consistency in meeting deadlines with quality work product.

Requirements / Qualifications

• Bachelor’s Degree in Accounting/Finance with a CPA.
• 5+ years of experience, including public accounting, preferably focusing on alternative investment asset managers.
• Extensive experience with Private Equity/Debt valuation.
• SEC/BDC reporting and CLO experience is a plus.

Location

Boston, MA. 3 days/week in office. In‑office requirements may change based on the needs of the business.

Compensation

Base salary range $125,000 – $150,000. Eligible for annual discretionary incentive compensation based on performance.

Benefits

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), 401(k) and other benefits.

Equal Opportunity

Audax Management Co. is an equal opportunity employer.