Finance Associate - Accounts Recievable
Finance Associate - Accounts Recievable
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Job Description
BAIN CAPITAL OVERVIEW
With approximately $185 billion of assets under management Bain Capital is one of the worlds 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 1880 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.
CORPORATE FINANCE GROUP
The Corporate Finance Group consists of 25 individuals and is responsible for the day to day accounting for the Global Management Company. Our current Enterprise Risk Platform (general ledger system) is Workday Financials. The Global Management Company consolidates the operations of the Investment Advisors (one for each business Private Equity Credit Ventures Public Equity Double Impact Life Sciences Real Estate and Partnership Strategies) and the entities by geography including Asia Pacific (Hong Kong Tokyo Shanghai and Australia) Europe (London Dublin Munich and South Africa) and India (Mumbai and Mauritius). The Corporate Finance Group is also responsible for tax accounting and works closely with the Tax Department on Tax Reporting. Various other responsibilities within the group include the treasury and cash management function internal reporting external reporting accounts receivable accounts payable and fixed assets.
KEY RESPONSIBILITIES
Responsible for the following tasks associated with a number of the Bain Capital entities:
Work with the Associate and assist with the accounting and tasks related to the efficient invoicing processing and maintenance of accounts receivable transactions
Ownership of external party invoicing collections and reporting process
Prepare quarterly management fee and expense reimbursement invoices for portfolio companies managed by Bain Capital LPs business units as well as expense summaries for pending deals
Prepare invoices to be sent to Business Units throughout the year
Record revenue and expense reimbursements in the general ledger
Monitor amounts billed vs. collected real-time from portfolio companies and funds
Monitor and maintain compliance with firm policies and contractual agreements regarding billing of expenses to external parties
Assist in monitoring the allocation of spend across different funds & Business Units
Assist with progressing system improvements & IT initiatives.
Coordinate and liaise with the international offices on deliverables such as the monthly/quarterly financial reporting package local statutory audits and the annual close process
Perform ad hoc analysis as needed
GENERAL QUALIFICATIONS
Must be detail-oriented organized and professional;
Intermediate to advanced excel user;
Strong interpersonal skills with the ability to interact daily with outside parties and personnel at all levels throughout the organization;
Team player a take charge attitude and the ability to take direction;
Ability to prioritize responsibilities and work under tight deadlines;
Must be able to multi task in a constantly changing environment;
Excellent organizational skills;
Strong work ethic; and
Strong written and verbal communication skills
DESIRED BACKGROUND
Bachelor in Accounting or Finance is a must with a minimum GPA of 3.3
0-2 years of related experience
Required Experience:
IC
Employment Type
Full-Time
