Finance Manager, Private Debt

Position Summary

The position is responsible for the financial reporting and accounting for Audax Private Debt based in Boston. The Finance Manager is also a key contributor to the Private Debt valuation process and is responsible for the compliance and control processes related to several Private Debt Funds.

Responsibilities

• Preparation and review of the monthly, quarterly, and annual financial statements, fund level returns and investor deliverables for various Private Debt funds
• 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
• Prepare monthly and quarterly MD&A on fund performance for senior management
• Contribute to the valuation process for debt, equity and CLO investments
• Review fund administrator’s work on various Private Debt funds
• Administer assigned funds: prepare/review, coordinate, calculate capital calls and distributions
• Work with the Tax team in preparing quarterly tax estimates as well as year-end tax allocations
• 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
• Available to provide timely communication to internal and external stakeholders on projects when required
• Responsible for coaching and developing junior team members

Requirements/Qualifications

• Bachelor’s Degree in Accounting/Finance with a CPA
• 5 plus years of experience, including public accounting, preferably focusing on alternative investment asset managers
• Extensive experience with Private Equity/Debt valuation
• SEC/BDC reporting and CLO experience is a plus

Location

LOCATION: Boston, MA. 3 days/week in office. These in office requirements may change based on the needs of the business.

Pay

An employee may also be eligible for annual discretionary incentive compensation based on performance. Audax offers a wide range of employee benefits, including health insurance, life insurance, disability insurance, paid time off (including sick leave, parental leave, volunteer leave, and vacation), charitable donation match, family support services (including Bright Horizons and Benefit Advocate Center), and a 401(k) in addition to other benefits.