Audax Group
Senior Associate, Finance Private Debt Origination
Audax Group, Boston, Massachusetts, us, 02298
Senior Associate, Finance Private Debt Origination
Audax Group is hiring for the
Senior Associate, Finance Private Debt Origination
role. This position is based in the Boston office of Audax Private Debt. Audax Group is a leading alternative investment manager with offices in Boston, New York, San Francisco, and London. Position Summary The position is responsible for the accounting and reporting for Private Debt Origination. 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 firms outside auditor 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 Track interest payment receipts across portfolio 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.) Investran experience a plus 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
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 directly to Audax Group or one of its affiliated entities will be considered property of Audax Group. If a third-party recruiting agency submits a resume without an agreement, Audax Group reserves the right to pursue and hire those candidate(s) without any financial obligation to the third-party recruiting agency. Job Details
Seniority level: Mid-Senior level Employment type: Full-time Job function: Finance and Sales Industries: Investment Management For visibility, this posting may include related roles and location notices as part of the employer’s recruitment overview.
#J-18808-Ljbffr
Audax Group is hiring for the
Senior Associate, Finance Private Debt Origination
role. This position is based in the Boston office of Audax Private Debt. Audax Group is a leading alternative investment manager with offices in Boston, New York, San Francisco, and London. Position Summary The position is responsible for the accounting and reporting for Private Debt Origination. 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 firms outside auditor 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 Track interest payment receipts across portfolio 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.) Investran experience a plus 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
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 directly to Audax Group or one of its affiliated entities will be considered property of Audax Group. If a third-party recruiting agency submits a resume without an agreement, Audax Group reserves the right to pursue and hire those candidate(s) without any financial obligation to the third-party recruiting agency. Job Details
Seniority level: Mid-Senior level Employment type: Full-time Job function: Finance and Sales Industries: Investment Management For visibility, this posting may include related roles and location notices as part of the employer’s recruitment overview.
#J-18808-Ljbffr