General Partnership Co-op

Bain Capital; Boston (MA); On-site; USD 33,000 - 36,000; Part time

Job summary

Bain Capital in Boston is seeking a General Partner Group intern to support treasury, accounting and reporting for GP entities. You will assist with capital calls, cash distributions, and quarterly financial reporting, while gaining exposure to Investran and fair market value reporting.

The role suits a bachelor’s student in Accounting or Finance who values accuracy, discretion and teamwork. You will collaborate with associates to Managing Directors on projects, with opportunities for more

Qualifications

• Reliable and collaborative team member
• 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 and propose solutions
• Strong interpersonal and communication skills with capacity to interact with all levels
• Enjoys working in a service environment and understands the demands of a high paced, high quality firm
• Capability of handling highly confidential and sensitive information with discretion
• Works well independently and capitalizes on opportunities to learn and grow
• Advanced MS Office, particularly Excel

Responsibilities

• Capital calls, cash distributions and the associated reports to GP investors
• Quarterly and annual financial reporting, including supporting documentation for capital accounts, trial balances and other financial reconciliations
• Assist with the treasury function, including preparation of daily and monthly cash reconciliations and reporting
• Enter cash, book and tax activity into Investran, the third party portfolio management and accounting software
• Assist in the creation of reports for GP investors including fair market value, tax basis activity, and partnership investment reports
• Work with all levels from associates to Managing Directors on projects to enhance the performance of the team, department, and firm as a whole
• Opportunities for additional responsibilities where performance allows

Skills

Reliability

Project management

Organizational skills

Problem solving

Interpersonal skills

Communication skills

Discretion

Excel

Education

Accounting/Finance degree

Tools

Investran

Excel

Job description

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.

GENERAL PARTNER GROUP

The 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, HR, corporate, and IT, as well as third-party service providers such as the firm’s tax advisors. This role would assist in the treasury and accounting functions, as well as tax and fair market value reporting for various GP entities invested across the firm.

KEY RESPONSIBILITIES

• Assist with the preparation of:
• Capital calls, cash distributions and the associated reports to GP investors
• Quarterly and annual financial reporting, including supporting documentation for capital accounts, trial balances and other financial reconciliations
• Assist with the treasury function, including preparation of daily and monthly cash reconciliations and reporting
• Enter cash, book and tax activity into Investran, the third party portfolio management and accounting software
• Assist in the creation of reports for GP investors including fair market value, tax basis activity, and partnership investment reports
• Work with all levels from associates to Managing Directors on projects to enhance the performance of the team, department, and firm as a whole
• Opportunities for additional responsibilities where performance allows

GENERAL QUALIFICATIONS

• Reliable and collaborative team member
• 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 and propose solutions
• Strong interpersonal and communication skills with capacity to interact with all levels
• Enjoys working in a service environment and understands the demands of a high paced, high quality firm
• Capability of handling highly confidential and sensitive information with discretion
• Works well independently and capitalizes on opportunities to learn and grow
• Advanced MS Office, particularly Excel

DESIRED BACKGROUND/EDUCATION

Candidate for bachelor’s degree in Accounting or Finance

Compensation

Expected Hourly Rate of Pay $24.00 – $26.00. Actual hourly rate of pay will be determined by a wide range of factors including but not limited to role, function, level, experience, qualifications and geographic location.

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.

Founded in 1984, Bain Capital is one of the world’s leading private investment firms. We are committed to creating lasting impact for our investors, teams, businesses, and the communities in which we live. As a private partnership, we lead with conviction and a culture of collaboration, advantages that enable us to innovate investment approaches, unlock opportunities, and create exceptional outcomes. Our global platform invests across five focus areas: Private Equity, Growth & Venture, Capital Solutions, Credit, and Real Assets. In these focus areas, we bring deep sector expertise and wide-ranging capabilities. We have 24 offices on four continents, more than 2,000 employees, and approximately $225 billion in assets under management. To learn more, visit www.baincapital.com.

Follow @BainCapital on LinkedIn and X (Twitter).

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