Finance Manager - General Partnership
Bain Capital
BAIN CAPITAL OVERVIEW
With approximately $185 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 & Capital Markets, and Real Assets. Today, our team includes 1,880+ 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 FINANCE 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, compliance, HR, corporate, and IT, as well as third-party service providers such as the firm’s tax advisors.
KEY RESPONSIBILITIES
The finance manager will contribute to the team in a leadership role across a number of areas of responsibility including managing the accounting and operations of various general partner entities invested in the private equity, venture, crypto, double impact, life sciences, tech opportunities, insurance solutions & real estate, taking the lead on certain non-accounting functional areas and processes, and participating in team planning and development. Other significant responsibilities include, but are not limited to, oversight and review of the following:
Operations and administrative activity of the partnerships, including cash management, capital calls, cash & property distributions, cash reconciliations, bank account openings and related regulatory requirements
Carry, vesting, and profit/loss allocations to the partners and members of the General Partner entities
Quarterly and annual fair market value reporting, including supporting documentation for capital accounts, trial balances and other financial reconciliations
Quarterly tax estimates and annual tax books and reporting for the partnerships including consultation with internal and external tax advisors
Cash, book and tax activity entries into Investran, the third party portfolio management and accounting software
In addition, this position will also:
Interact with investors and certain internal departments within the context of the carry program, including onboarding investors, addressing policy matters, overseeing investor reporting, and responding to ad-hoc inquires
Collaborate with other managers on the team to drive initiatives, create efficiencies, and mentor junior team members
Work with all levels from associates to Partners on projects to enhance the performance of the team, department, and firm as a whole
GENERAL QUALIFICATIONS
7+ years accounting experience in the financial service industry with a solid understanding of investments and partnerships
Excellent project management and organizational skills; ability to effectively prioritize multiple projects with high attention to detail
Creative problem solving ability and judgment; ability to use own initiative to take responsibility for decisions and propose solutions
Team oriented and professional, with strong interpersonal skills and the capacity to interact with all levels
Entrepreneurial self-starter; ability to operate with limited supervision and capitalizes on opportunities to learn and grow
Experience managing direct reports
Understands and enjoys the demands of a service environment
Ability to handle highly confidential and sensitive information with discretion
Advanced MS Office, particularly Excel
Experience with Investran or other fund accounting software is preferred
DESIRED BACKGROUND/EDUCATION
Public accounting, partnership and/or financial services experience
Bachelor’s Degree in Accounting or Finance
CPA and/or Master’s Degree preferred
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.