Associate, Private Debt Finance

Audax Group · MCO - NYC - Operations : Private Debt (BOS)

Where: Boston, MA
Posted: Aug 24

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 www.audaxgroup.com or follow Audax Group on LinkedIn.

POSITION SUMMARY:

The position is responsible for the financial reporting and accounting for Audax Private Debt based in Boston. The 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.

What you'd do

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

What they want

Bachelor’s degree in accounting/finance
Working towards CPA a plus
2-3 plus years of experience, including public accounting, preferably focusing on alternative investment asset managers