Finance Manager - Coinvest

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. 

COINVEST FINANCE GROUP

Significant alignment with LPs has been one of the cornerstones of Bain Capital’s strategy since the firm was founded.  This alignment is achieved through the firm’s extensive coinvest program, through which employees, collectively, have been, and continue to be among the largest investors in nearly every Bain Capital investment across all business units.  The Bain Capital Coinvest Finance Group is a team of 24 individuals responsible for the operational, accounting, tax, and reporting aspects of the coinvest portfolio.  With significant investments across the entire Bain Capital 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.

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 Coinvest partnerships, taking the lead on certain non-accounting functional areas and processes, and participating in team planning and development.  Significant responsibilities include:

• Oversight and review of partnerships’ annual tax books including consultation with internal and external tax advisors.

• Oversight and review of the operations and administrative activity of the partnerships, including cash management, capital calls, cash and stock distributions, quarterly custody procedures, monthly cash reconciliations, compliance reporting, tax withholding analysis and valuations

• Perform or oversee the analysis and documentation of various partnership level and portfolio activity such as sale transactions, new investments, partner allocations and deal structures

• Interaction with investors and certain internal departments within the context of the co-invest program, including onboarding investors, addressing policy matters, overseeing investor reporting, and responding to ad-hoc inquires

• Work with various levels across the Coinvest team, the firm, and third parties on various projects and ad-hoc requests

• Collaboration with other managers on the team to drive initiatives, create efficiencies, and mentor junior team members

GENERAL QUALIFICATIONS

• 6-8 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 sound judgment – ability to use own initiative and take responsibility for decisions

• 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

• Experience managing direct reports

• Understands and enjoys the demands of a service environment

• Ability to handle highly confidential and sensitive information