Senior Finance Associate

Audax Private Debt; Boston (MA); On-site; USD 99,000 - 155,000; Full time

Benefits offered by this job

Health insurance

Life insurance

Disability insurance

Paid time off

401(k)

Job summary

Audax Private Debt is seeking an experienced accounting professional to oversee the accounting and reporting for Private Debt funds in Boston. The role involves supporting FP&A, Tax, and Investor Relations with timely financial statements, capital calls, and distributions.

Responsibilities include coordinating with auditors, tracking fund investments, and ensuring compliance with GAAP. A Bachelor's in accounting and 5–8 years’ related experience are required, with CPA a plus.

Qualifications

• Bachelor's in accounting.
• 5–8 years’ experience primarily focused on partnerships and investment (private debt preferred).
• Strong GAAP financial reporting experience.
• Expert knowledge of Microsoft Office suite (Excel, Word); excellent verbal and writing skills.

Responsibilities

• Prepare quarterly and annual financial statements for Private Debt funds.
• Review fund administrator work on Private Debt funds.
• Handle all accounting, reporting and compliance for selected funds.
• Coordinate capital calls and distributions; administer funds.

Skills

Verbal and written communication

Self-starter

Education

CPA or advanced certification

Tools

Microsoft Excel

Microsoft Word

Job description

POSITION SUMMARY

The position is responsible for the accounting and reporting for Private Debt. Private Debt Origination invests in junior/unitranche debt and equity securities of middle market companies that are owned by private equity firms. The candidate will provide financial support to Private Debt Origination, FP&A, Tax, and Investor Relations teams through the timely and accurate completion of investment and financial reporting, compliance with accounting standards and legal requirements, and review of financial and operational controls.

RESPONSIBILITIES

• Preparation of quarterly and annual financial statements of various Private Debt funds
• Review fund administrator’s work on various Private Debt funds
• All accounting, reporting, and compliance of certain Private Debt funds
• Administration of these funds: prepare, coordinate, calculate capital calls and distributions
• Work with Investor Relations group in preparing fundraising offering materials and in providing information for due diligence requests, including fund performance data, fee information and underlying portfolio financial information
• Work closely with outside auditors in preparation of year-end audited financials
• Work with tax group in preparing quarterly tax estimates as well as year-end tax allocations
• Cash monitoring and reconciliation with bank
• Track and update the portfolio of investments for the various Private Debt funds
• Account for daily activity in the general ledger and portfolio accounting system

COMPETENCIES

• Self-starter with ability to work independently and in a team environment
• Ability to work in a fast-paced 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 Senior Management and outside parties
• Strong organizational skills
• Professional and energetic attitude

REQUIREMENTS / QUALIFICATIONS

• Bachelor’s in accounting
• 5–8 years’ experience primarily focused on partnerships and investment (public accounting experience with private debt clients strongly preferred)
• Strong GAAP financial reporting experience
• Expert knowledge of Microsoft Office suite (Excel, Word, etc.)Excellent verbal and writing skills
• CPA or advanced certification a plus

LOCATION

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

OTHER DUTIES

For Massachusetts: The base salary range for this position is $99,000 - $155,000. The base salary range represents the estimated low and high end for this position at the time of this posting. Consistent with applicable law, compensation may vary and will be determined based on but not limited to, the skills, qualifications, and experience of the applicant along with the requirements of the position, and Audax reserves the right to modify this pay range at any time. An employee may also be eligible for annual discretionary incentive compensation based on performance.

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.

Audax Management Co. is an equal opportunity employer.