Finance Director - Private Credit

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.

Bain Capital Credit Overview

Bain Capital Credit, an independently-managed affiliate of Bain Capital, is a leading global credit specialist with approximately $51 billion in assets under management. We invest across the full spectrum of credit strategies, including leveraged loans, high-yield bonds, distressed debt, direct lending, structured products, non-performing loans, and equities. Through our numerous funds, we have the ability to invest in every level of a company’s capital structure from secured debt to equity, and we can also provide capital to growing companies with unique financing needs.

Our investment process is characterized by detailed business and financial analysis and a culture of vigorous debate. We combine a consulting-based approach to industry, competitor, and business analysis with an in-depth examination of a target company’s financial performance and capital structure. Our goal is to select the best industries, the best companies, and the best relative value among the many securities each company offers.

Bain Capital Credit has a world-class team of over 150 investment professionals with extensive experience analyzing and managing high-yield investments.

PRIVATE CREDIT GROUP

Bain Capital Credit’s Private Credit Group evaluates investment opportunities across the spectrum in the middle market, or typically companies with $10-150M of EBITDA located in North America, Europe and Asia Pacific. With a dedicated global team of over 35 investment professionals, we can lead investments across the capital structure in senior secured first lien, second lien and unitranche loans, subordinated debt, and preferred or common equity co-investments. Our dedicated global team affords us the ability to diligence the most complex situations and provide private capital to those companies. Bain Capital Private Credit Group assets under management is approximately $16 Billion.

Key Responsibilities

• There are multiple private draw down funds in various jurisdictions including USA, Europe, Australia & Asia. The funds are of different strategy including draw down funds, evergreen funds, Separate Managed Accounts. The Director will be responsible for overseeing these funds, team and will report to Amit Joshi, CFO of Private Credit. The person will be responsible for overseeing the finance and accounting functions and will coordinate with various stakeholders both internally and externally and will include:
• Overall Ownership of Private Funds: Lead and manage financial reporting, year-end audits, and quarterly reporting for private funds.
• Investor Relations: Collaborate with the Investor Product Team to prepare quarterly investor letters, ensuring timely completion and accuracy.
• Team Management: Oversee the internal operations and finance team, as well as manage relationships with third-party administrators.
• Fund Review and Compliance: Conduct thorough reviews of funds across various jurisdictions, working closely with the Tax and Compliance teams to address any tax or compliance implications.
• Capital and Fees Oversight: Review capital allocation, incentive fees, and fund NAV, ensuring that the NAV package is accurate and complete.
• Expense Management: Supervise and approve fund expenses and invoices, maintaining financial integrity and accountability.
• Process Improvement: Collaborate with the executive team to evaluate and enhance processes and systems, driving operational efficiency.
• Stakeholder Engagement: Engage with auditors, administrators, and custodians to ensure that all fund-related aspects are handled correctly and professionally.
• Leadership and Development: Provide leadership and guidance to the finance team, promoting a culture of excellence, collaboration, and continuous improvement.
• Cross-Functional Collaboration: Work closely with internal stakeholders, including Legal, Tax, Investor Relations, and Operations, to ensure comprehensive fund management.
• Industry Awareness: Stay informed about industry trends, market conditions, and changes in financial regulations to anticipate and address potential impacts on fund operations.
  

General Qualifications

• People Leader
• Identifies and leverages individual strengths and potential within the team
• Engages the team in discussions around the longer-term strategy and how they can contribute
• Effectively delegates key responsibilities to team members, fostering their development while optimizing your time management to focus on strategic priorities
• Encourages teamwork by enabling members to propose solutions, address complex issues, and brainstorm innovative ideas
• Results Driven
• Acts to surpass team goals, seizing opportunities to extend the limits of what is possible
• Sets continually higher goals for the team that are ambitious but achievable
• Identifies and acts on new opportunities that enable performance targets to be exceeded
• Seeks new challenges and is energized by exceeding targets
  
  

• Strategic Decision Maker
• Creates roadmap or blueprint to implement the enterprise strategy in own area
• Identifies and prioritizes the most critical future factors to consider in making decisions
• Makes plans to address changes or trends in the external landscape (i.e., competitors, clients, and market segments) that affect own business or area
• Develops plans that consider the impact beyond own area, location, function, or market
  

DESIRED BACKGROUND/EDUCATION

• We are looking for a candidate with a proven track record in private credit and a deep understanding of the industry dynamics.
• 11 years total experience in finance roles of increasing responsibility and scope at world-class organizations with fund accounting, tax, operations, controls, and financial management knowledge.
• Exceptional analytical, quantitative, and communication skills are required.
• Experience building, improving, and leading finance teams is preferred. Strong relationship management skills are desired.
• Experience in asset management with direct lending and Mezz loan strategies and exposure to various jurisdictions is preferred.
• Top academic (i.e., BS or BA from a well-regarded institution) as well as professional credentials including an MBA, CFA, or CPA are preferred.
  
  

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.