Responsible for accounting, reporting, and administration of Audax Co-Invest and General Partnership Funds, including quarterly financial statements, capital accounts, and weekly management reporting through Investran.
Coordinate the year-end audit process, serving as liaison with external auditors and ensuring timely resolution of audit requests.
Review and analyze financial information for combined reporting, valuation support, and disclosure requirements.
Draft and review financial statement footnotes, including investment valuation disclosures (ASC 820), fair value hierarchy analysis, and related party disclosures.
Prepare and review NAV calculations and investor capital account statements.
Partner closely with the Tax team to deliver accurate capital allocations supporting quarterly estimates and tax payment calculations.
Review of legal documents, including Limited Partnership Agreements, structure charts, and management services agreements.
Coordination with management company team for reconciliation of payables.
Communicate with investors on a regular basis to provide documents related to capital activity, tax, compliance and account statements.
Work with investors to complete ad-hoc reporting requests.
REQUIREMENTS/QUALIFICATIONS:
BS in Accounting with an advanced degree (CPA strongly preferred)
4-7 years professional experience including public accounting, preferably focusing on alternative investment asset managers
Understanding or experience with Private Equity or other alternative investment structures preferred
Experience with accounting software preferred (Investran experience a plus)
Advanced excel user with a high level of attention-to-detail
Strong organizational skills with the ability to manage and prioritize multiple workstreams in order to meet tight deadlines
Professional individual with strong interpersonal and communication skills
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 .
POSITION SUMMARY:
Significant alignment with LPs has been one of the cornerstones of Audax's strategy since the firm was founded. This alignment is achieved through the firm's extensive co-invest program, through which employees, collectively, have been, and continue to be among the largest investors in nearly every Audax investment across all business units. The Audax Co-Invest Finance Group is a team of 7 individuals responsible for the operational, accounting, tax, and reporting aspects of the co-invest portfolio. With significant investments across the entire Audax platform, the portfolio provides the team with the unique opportunity to gain exposure to all of the firm's business units. Members of the team regularly collaborate with members of nearly every internal department in the company, including investment professionals from all business units, all internal finance departments, tax, legal, HR, compliance, and IT, as well as the firm's outside advisors, including attorneys, banks, custodians, and accounting and tax professionals.
This position is responsible for all elements of accounting, reporting, and administration for Audax Co-Invest and General Partnership funds. The candidate will work with other team members to maintain a scalable accounting function that provides a high level of support to the organization. This team member will be responsible for the timely and accurate completion of daily, weekly, and quarterly accounting, weekly management reporting, and quarterly financial statements for various funds. This team member will coordinate the year-end audit process, serving as liaison with external auditors and ensuring timely resolution of audit requests. Additionally, this team member will work closely with other internal teams to provide quarterly deliverables, assist in deal level allocations, and other internal ad-hoc requests.
The ideal candidate is a self-motivated and detail-oriented team player able to materialize concepts into effective, concise and timely execution of work product. Candidate must be a self-starter with strong analytical, organizational, and communication skills. As Audax Co-Invest continues to grow, the position may evolve with the direction of business needs.
Audaxgroup · Boston, MA