Management Company Accountant Co-Op

Audax Group is a leading alternative investment manager with offices in Boston, New York, San Francisco, and London. Since its founding in 1999, the firm has raised over $38 billion in capital across its Private Equity and Private Debt businesses. With more than 400 employees and over 160 investment professionals, the firm is a leading capital partner for North American middle market companies. For more information, visit the Audax Group website www.audaxgroup.com .
POSITION SUMMARY:
This position is responsible for the daily operations of the Management Company of a Private Equity firm. This position requires a broad understanding of basic accounting principles and excellent communication skills. The candidate will assist in organizing, administering, and reporting on a variety of functions. The ideal candidate is a self-motivated and detail oriented team player with strong organizational skills, a professional and discreet demeanor, and a flexible approach to learning.
RESPONSIBILITIES:
Accounts Receivable

• Assist in preparation of ad hoc out of pocket expense requests from deal team
• Identify and review transaction fees received; prepare revenue allocations by entity and generate corresponding entry in NetSuite
• Assist in generating invoices from Net Suite
• Assist in preparation of quarterly invoices to employees for personal spend reimbursement
• Assist in preparation of quarterly invoices to Funds for reimbursement

Revenue and Expense Reporting

• Assist in preparation of periodic variance and trending analysis for revenue and expense accounts
• Assist in preparation of monthly account reconciliations for accurate and timely reporting
• Support broader team by addressing ad hoc requests from the fund accounting and deal teams related to management and transaction fees
• Support both Management Company and Compliance teams by updating and maintaining internal Expense Matrix

General Administration

• Scanning statements and documents into the team's archives
• Preparing, sending, and receiving mailings/packages

REQUIREMENTS/QUALIFICATIONS

• An excellent GPA and a major in a financial discipline, preferably accounting, or significant financial coursework.
• Experience in accounts payable, accounts receivable, and general ledger maintenance
• Work effectively on a team and understand role in delivering on the team's goals/priorities
• Manage own schedule and prioritizes around assigned workload to meet deadlines; be productive and function well under stress; and escalate issues as appropriate
• Have a strong attention to detail and take accountability for the quality of work product
• Exercise discretion and maintain confidentiality with regard to company information
• Strong verbal and written communication skills
• Experience with Microsoft products, specifically Excel
• Experience with Oracle NetSuite and Concur, a plus

LOCATION: Boston, MA. This position is in the office 3 days/week. These in-office requirements may be adjusted based on the needs of the business.
This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Duties, responsibilities and activities may change or new ones may be assigned at any time with or without notice.
Audax Management Co. is an equal opportunity employer.
Please note that Audax Group and its affiliated entities do not accept unsolicited resumes from a third-party recruiting agency not currently under a signed agreement. Any unsolicited resume that is sent to directly to Audax Group or one of its affiliated entities, or its employees, including those submitted to hiring managers by a third-party recruiting agency not currently under a signed agreement, will be considered property of Audax Group. If a third-party recruiting agency submits a resume without an agreement, Audax Group or its affiliated entities explicitly reserves the right to pursue and hire those candidate(s) without any financial obligation to the third-party recruiting agency. Any third-party recruiting agency should contact either a member of the Talent Acquisition or Human Resource team at Audax Group, in conjunction with a valid, fully executed contract for service based upon a specific job opening.