Opportunities in Boston, United States

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 of assets under management and more than 475 employees, Audax is a leading capital partner for middle market companies, operating through three business lines: Audax Private Equity, Audax Private Debt, and Audax Strategic Capital.  For more information, visit www.audaxgroup.com or follow Audax Group on LinkedIn . Based in New York, Audax Private Debt is a leading debt capital partner for North American middle market companies. Since its inception in 2000, the firm has invested more than $42 billion in support of over 290 private equity sponsors. Audax Private Debt works collaboratively to build tailored financing solutions for its clients through a comprehensive range of offerings that includes first lien, stretch senior, unitranche, second lien, and subordinated debt, as well as equity co-investments. Audax Private Debt is an experienced and trusted partner with senior leadership averaging more than 26 years in private credit and 15 years working together at the firm through multiple economic cycles. For more information, please visit  audaxprivatedebt.com  or follow us on  LinkedIn .   This role is based in the Boston office of Audax Private Debt POSITION SUMMARY: As the Senior Associate, Finance Private Debt , you are 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 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 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.   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 to directly to Audax Group or one of its affiliated entities, or its employees, including those submitted to hiring managers by a third-party recruiting agency not currently under a signed agreement, will be considered property of Audax Group. If a third-party recruiting agency submits a resume without an agreement, Audax Group or its affiliated entities explicitly reserves the right to pursue and hire those candidate(s) without any financial obligation to the third-party recruiting agency. Any third-party recruiting agency should contact either a member of the Talent Acquisition or Human Resource team at Audax Group, in conjunction with a valid, fully executed contract for service based upon a specific job opening.