Senior Finance Associate - Private Credit

Bain Capital Public Equity, L.P. Boston , MA 02298

Posted 3 weeks ago

BAIN CAPITAL CREDIT OVERVIEW

Bain Capital Credit is a leading global credit specialist with $41 billion in assets under management. We invest across the credit spectrum and in credit-related strategies, including leveraged loans, high-yield bonds, structured products, private middle market loans, bespoke capital solutions, distressed securities and assets, non-performing loans, hard assets and equities. Since inception, a strong sense of alignment with our partners has been ingrained in our culture. We are a private partnership and invest a significant amount of our own capital alongside our limited partners. We have approximately $1.5 billion of employee co-investment committed across Bain Capital Credit funds. Bain Capital Credit's Investment professionals are dedicated to sourcing, analyzing, documenting and executing on attractive credit opportunities across North America, Europe and Asia-Pacific, and are supported by robust operational and technical resources.

BAIN CAPITAL OVERVIEW

Bain Capital, LP is one of the world's leading private investment firms with approximately $185 billion of assets under management that creates lasting impact for our investors, teams, businesses, and the communities in which we live. Since our founding in 1984, we've applied our insight and experience to organically expand into several asset classes including private equity, credit, public equity, venture capital and real estate. We leverage our shared platform to capture cross-asset class opportunities in strategic areas of focus. With offices on four continents, our global team aligns our interests with those of our investors for lasting impact.

KEY RESPONSIBILITIES

Will include some or all of the following for multiple funds:

  • Preparation of all aspects of financial reporting including:

  • Daily analysis of investment activity and performance reporting

  • Monthly capital reporting to investors as well as associated returns, positioning, and attribution analysis

  • Assist in preparation of monthly investor reports and quarterly investment letters.

  • Quarterly and Annual Financial Statements

  • Assist in preparation of taxable income and allocation workbooks for quarterly tax estimate and annual K-1 processes

  • Intercompany reporting (e.g. Investor Relations, Diligence, Bain Corporate, G.P., Coinvest, Compliance, Tax, Legal, and other Bain Capital investment divisions)

  • Frequent / Challenging / Unique Ad hoc requests

  • Application of provisions described in complex legal documents (e.g. PPMs/LPA/IMAs) including:

  • Capital Call Provisions

  • Capital Allocations

  • Carried Interest Allocations

  • Distribution Provisions

  • Management Fees

  • Expenses (ability to charge as well as expense cap provisions)

  • Investment Restrictions/Compliance

  • Close interaction with Portfolio Management team to address issues surrounding investment objectives and constraints within each fund's investment mandate. Responsible for having an understanding of asset classes owned within each fund, which may include bank loans, bonds, equities, credit default swaps, structured products and options.

  • Close interaction with deal staff to address any question that arises as part of the financial reporting process. Responsible for understanding the nature of their question and addressing accordingly either through providing additional information as needed or developing new solutions to address their needs.

  • Close interaction with Operations and outside Administrators when issues are discovered as part of the financial reporting process. Responsible for determining the root cause of the issues encountered, determining effective solutions, and then overseeing the implementation of those solutions.

  • Close interaction with Investor Relations to address any questions from investors.

  • Close interaction with internal IT and outside consultants to achieve implementation of systematic solutions/efficiencies in relation to accounting systems and recurring reporting requests. Assist in the design of solutions, as well as ownership of the user acceptance testing and implementation of solutions. Propose new initiatives as challenges/inefficiencies arise.

  • Close interaction with outside accountants during year end audit and interim.

  • Close interaction with tax accountants for the preparation of tax returns and K-1's.

GENERAL QUALIFICATIONS

  • 2-4 years of public accounting, audit or tax (preferred), or other relevant work experience in a rigorous environment.

  • Strong ability to prioritize multiple responsibilities and work under tight deadlines.

  • Self-starter with initiative. Ability to work unsupervised.

  • Strong analytical problem-solving skills.

  • Strong interpersonal skills with capacity to interact with outside parties and personnel across all levels of the firm.

  • Ability to decipher complex legal documents.

  • Dedicated team player with a strong sense of ownership and follow-through skills

  • Detail-oriented, conscientious and energetic professional.

  • Strong Excel skills including the ability to develop efficient Excel templates from scratch. Experience with macros not needed.

  • Strong ability to think outside the box to develop solutions to Frequent / Challenging / Unique Ad hoc requests in order to deliver the desired result/information when quite often starting from a blank slate.

DESIRED BACKGROUND/EDUCATION

  • Four-year college degree with a strong academic background.

  • Major in accounting (preferred), finance and/or related degree.

  • CPA or equivalent qualification a plus. Work toward or an interest in pursuing a CFA charter a plus.

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.


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