What are the responsibilities and job description for the Finance Manager - Partnership Strategies position at Bain Capital?
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 PARTNERSHIP STRATEGIES
Bain Capital Partnership Strategies was formed in 2005, initially to find investments for the personal capital of Bain Capital’s partners. Our 12-person, Boston-based team combines rigorous fundamental research, deep experience across asset classes, and a global perspective to make unique investments that are not widely available.
The Partnership Strategies Fund is a multi-strategy hedge fund with a differentiated approach to investing. The Fund utilizes off-market sourcing, detailed underwriting, and a long-term time horizon to create a diversified portfolio of hard-to-access investments that generate returns uncorrelated to equity markets. Our investments span a wide variety of asset classes and geographies, and take many forms including start-up businesses, strategic partnerships, and direct investments. We work closely with our management partners to support their growth and create value for our investors. The Partnership Strategies Fund and related entities manage roughly $2.4 billion of assets.
KEY RESPONSIBILITIES
Will include some or all the following:
- Gain overall understanding of Partnership Strategies business and manage team at all levels through overall finance responsibilities
- Provide support to all Partnership Strategies Finance needs
- Understand complex investment structures, work through tax, legal and book implications for funds
- Work with fund admin and external consultant on direct environmental trading and new SMA platform to facilitate book and reporting needs for BCPS Finance and BCPS Investment Team
- Review of monthly returns, NAVs and capital reporting to investors
- Review of preparation of daily analysis of investment activity and performance
- Manage year-end audit process and maintain close interaction with outside accountants during year end audit
- Close interaction with deal staff and portfolio management team to address any question that arises as part of the monitoring and financial reporting process. Responsible for having an understanding of asset classes owned within each fund, which may include physical commodities, derivatives, private investments, fund of fund investments
- Close interaction with various groups within Bain Capital and outside Administrators when issues are discovered. Responsible for determining the root cause of the issues encountered, determining effective solutions, and then overseeing the implementation of those solutions.
- Assist in fundraising requests from prospective and information request from current investors
- Frequent / Challenging / Unique Ad hoc requests.
GENERAL QUALIFICATIONS
- 6-10 years’ experience at an Investment Advisor and/or public accounting role 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
- Ability to learn basic fundamentals of unique investments ranging from fund-of-funds to private investments to derivatives to physical commodities.
- Strong Excel skills
EDUCATION
- Four-year college degree with a strong academic background.
- Major in accounting, finance or related degree required.
- CPA, CFA or equivalent qualification 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.
