Preparation and review of the monthly, quarterly, and annual financial statements, fund level returns and investor deliverables for various Private Debt funds
Prepare monthly and quarterly MD&A on fund performance for senior management
Review fund administrator's work on various Private Debt funds
Prepare and review capital calls and distributions
Track and update the portfolio of investments for the various Private Debt funds
Track interest payment receipts across portfolio team
Daily cash management, monitoring, and reconciliation with the bank
Take a lead role with the firm's outside auditor in preparation/review of year-end audited financials
Work with the Investor Relations team in preparing fundraising materials and in providing information for investor requests, including fund performance data, fee information and underlying portfolio financial information
Work with the Tax team in preparing quarterly tax estimates as well as year-end tax allocations
Be available to provide timely communication to internal and external stakeholders on projects when required
COMPETENCIES:
Advanced GAAP financial reporting experience
Effective communication skills and ability interact with Senior Management and outside parties
Strong organizational skills
Professional and energetic attitude
Expert knowledge of Microsoft Office suite (Excel, Word, etc.)
Self-starter with ability to work independently and in a team environment
Exemplary leadership skills
Ability to work in a fast-paced environment and manage competing priorities
Demonstrated consistency in meeting deadlines with quality work product
REQUIREMENTS/QUALIFICATIONS:
Bachelor's degree in accounting/finance with a CPA
3-5 plus years of experience, including public accounting, preferably focusing on alternative investment asset managers
SEC/BDC reporting and CLO experience is 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:
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.
Benefits
Equity / stock options
Additional Information
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 the Audax Group website www.audaxgroup.com. or follow us 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 .
POSITION SUMMARY:
The position is responsible for the financial reporting and accounting for Audax Private Debt based in Boston . The Senior Finance Associate is a key contributor to the Private Debt process and is responsible for the compliance and control processes related to several Private Debt Funds. Private Debt invests in debt securities of middle market companies backed by private equity sponsors via a variety of different investment vehicles. The candidate will work closely with the Investor Relations, CLO, FP&A, Tax and Private Debt Deal teams.
The ideal candidate is a self-motivated and detail-oriented team player who will thrive in a fast-paced environment and must be able to prioritize and complete all projects with precision in a timely manner. As Audax Private Debt continues to grow, the position will evolve with the direction of the business' needs.
Audaxgroup · Boston, MA