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Finance Associate - Corporate Finance

L5

bain capitalEast Boston, MAtoday

$70,000 – 75,000

Occupations

Accountants and AuditorsBookkeeping, Accounting, and Auditing ClerksFinancial Specialists, All Other

Industries

Corporate, Subsidiary, and Regional Managing OfficesPortfolio Management and Investment AdviceOther Accounting Services
Finance Associate The Finance Associate will join a structured program across the Accounts Payable (AP) and Accounts Receivable (AR) functions of the Global Management Company. The position is designed to give the Associate end-to-end exposure to how money moves through the firm: supplier invoices, employee expense reimbursement, and corporate payments on the AP side, and the billing, collection, and reimbursement of deal, fund, and portfolio company expenses on the AR side. Together, AP and AR capture every dollar the business spends and every dollar it recovers from external parties. Because all of this activity posts to the general ledger through Workday, the Associate will develop a detailed working knowledge of the journal-level data that drives the firm's accounting, close, and reporting processes. The Associate will have exposure to both functions and will have the opportunity to take on broader Corporate Finance responsibilities (quarter-end close, reporting, treasury) as performance allows. We are looking for someone who is smart, capable, and comfortable in a fast-paced, high-volume environment where accuracy and timeliness both matter.
Key Responsibilities:
  • Accounts Payable
  • Process third-party supplier invoices end-to-end: receipt and intake, verification of financial data and required audit attributes, coordination of approvals, and facilitation of payment
  • Review invoice coding and payment details in partnership with the Accounting and Reporting Team to ensure accuracy and completeness of financial data for each invoice
  • Prepare, send, and properly record wires and other payments for supplier invoices
  • Support the processing and review of employee expense reports, procurement card transactions, and ad hoc bank transactions, ensuring each is appropriately coded, approved, and recorded
  • Research, resolve, and respond to inquiries regarding invoices, including payment status, invoice attributes, and policy and process questions
  • Coordinate audit and processing tasks with our external service provider and offshore processing team
  • Support period-end AP cutoff and assist with quarter-end account reconciliations as part of the quarterly close
  • Accounts Receivable
  • Prepare quarterly management fee and expense reimbursement invoices for portfolio companies managed by Bain Capital, LP's business units, as well as expense summaries for pending deals
  • Prepare invoices to Business Units throughout the year and record the related revenue and expense reimbursements in the general ledger
  • Monitor amounts billed versus collected from portfolio companies and funds, and support the collections and external reporting process
  • Assist in monitoring compliance with firm policies and contractual agreements governing the billing of expenses to external parties, and in monitoring the allocation of spend across funds and Business Units
  • Maintain the accuracy and completeness of accounts receivable records, including aging analysis and reconciliation of customer invoice activity to the general ledger
  • GeneralInteract with stakeholders across the organization, including Business Unit Finance Teams, Legal, Tax, and Compliance
  • Use Workday reporting (e.g., journal line, supplier invoice, and receivables aging reports) and Excel to support reconciliations, tie-outs, and management reporting
  • Contribute to system improvements and process enhancements, including the use of AI and automation tools to streamline recurring work, and help document and refine procedures as the role evolves
  • Assist with ad hoc projects and analysis as needed
General Qualifications:
  • Detail-oriented, organized, and professional
  • Strong work ethic, hands-on approach, and a desire to learn
  • Strong time management skills, with the ability to prioritize competing responsibilities and work under tight deadlines
  • Solid problem-solving skills and sound judgment
  • Ability to work independently and as part of a team in a fast-paced, high-volume environment with an emphasis on accuracy and timeliness
  • Strong interpersonal and communication skills, both verbal and written, with the ability to interact with outside parties and personnel at all levels of the organization
  • Intermediate to advanced Microsoft Excel skills (formulas, lookups, pivot tables, shortcuts)
  • Workday Financials experience is a plus but not required
  • Desired Background:
  • Bachelor's degree in Accounting or Finance required, with a minimum GPA of 3.30–2 years of related experience; general accounting experience and/or coursework is important
  • Exposure to AI tools (e.g., Claude), SQL, Python, or other automation and data tools is a plus
Compensation: Expected Annual Base Salary $70,000 – 75,000. Actual base salary will be determined by a wide range of factors including but not limited to role, function, level, experience, qualifications and geographic location. In addition to a competitive base salary, this position may be eligible for a discretionary annual bonus based upon factors such as individual impact, team and firm performance. Bain Capital offers a competitive benefits package designed to support employees' health, financial security, family needs, and overall well-being. 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.
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Level

SeniorL5

Salary

$70,000 – 75,000

Location

East Boston, MA

Occupation

Accountants and Auditors

Industry

Corporate, Subsidiary, and Regional Managing Offices

Posted

today

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