Based in New York, Audax Private Debt is a leading debt capital partner for North American middle market companies. Since its inception in 2000, the firm has invested more than $42 billion in support of over 290 private equity sponsors. Audax Private Debt works collaboratively to build tailored financing solutions for its clients through a comprehensive range of offerings that includes first lien, stretch senior, unitranche, second lien, and subordinated debt, as well as equity co-investments. Audax Private Debt is an experienced and trusted partner with senior leadership averaging more than 26 years in private credit and 15 years working together at the firm through multiple economic cycles. For more information, please visit audaxprivatedebt.com or follow us on LinkedIn.

POSITION SUMMARY:

The position is responsible for the financial reporting and accounting for Audax Private Debt based in Boston. The Senior Finance Associate 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. Private Debt invests in debt securities of middle market companies backed by private equity sponsors via a variety of different investment vehicles. The candidate will work closely with the Valuation, Investor Relations, CLO, FP&A, Tax and Senior Debt Deal teams.

The ideal candidate is a self-motivated and detail-oriented team player who will thrive in a fast-paced environment and must be able to prioritize and complete all projects with precision in a timely manner. As Audax Private Debt continues to grow, the position will evolve with the direction of the business’ needs.

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
• Administration of 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
• Be available to provide timely communication to internal and external stakeholders on projects when required
• Responsible for coaching and developing junior team members

COMPETENCIES: 

• Advanced GAAP financial reporting experience
• Effective communication skills and ability interact with Senior Management and outside parties
• Strong organizational skills
• Professional and energetic attitude
• Expert knowledge of Microsoft Office suite (Excel, Word, etc.)
• Self-starter with ability to work independently and in a team environment
• Exemplary leadership skills
• Ability to work in a fast-paced environment and manage competing priorities
• Demonstrated consistency in meeting deadlines with quality work product

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

OTHER DUTIES:  

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.

For Massachusetts: The base salary range for this position is $99,000- $155,000. The base salary range represents the estimated low and high end for this position at the time of this posting. Consistent with applicable law, compensation may vary and will be determined based on but not limited to, the skills, qualifications, and experience of the applicant along with the requirements of the position, and Audax reserves the right to modify this pay range at any time. 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.

POSITION SUMMARY:

This role is responsible for various functions within the Private Debt Operations Team. This team member will work closely with the deal and Finance teams in coordinating and executing all aspects of the trade closing process through review of allocations, legal documents, and the flow of funds while executing wire transfers. The role entails working alongside and guiding relationships with Trustees, tracking cash and purchasing power, using a variety of systems to accurately reflect the business’s holdings, and working on daily leverage facility needs while promoting an environment of compliance, efficiency, and accuracy.

The ideal candidate is a self-motivated and detail-oriented team player with strong technical skills able to effectively and concisely complete tasks in a timely manner.

RESPONSIBILITIES:

Loan Servicing:

• Lead daily trade activity by contributing to the settlement of Primary and Secondary trades with counterparties utilizing WSO, ClearPar, and BlackMountain systems
• Interact daily with Portfolio Managers and PD Fund Management Team for allocations and coordination of trade settlements
• Work with senior members of the Operations Team on direct deal closings and transfer projects
• Coordinate with agent banks on a regular basis – resolution of trade discrepancies, timing of trade closing, and KYC
• Work closely with Trustee/Custodians on trade fundings and record keeping while assisting with daily inquiries across holdings
• Record and verify Paydowns/Drawdowns, Interest rate resets, PIK interest calculations, and Delayed Comp accruals/calculations
• Work with the TresVista team in the reconciliation and trade closing processes along with executing upcoming Revolver and Delayed Draw fundings
• Contribute to BMS/WSO system accuracy and items for daily processing

General Operations:

• Assist with new fund onboarding and opening new bank accounts
• Coordinate with Operations, Finance, and Treasury teams on set up, release, and documentation of wires
• Monitor, review, and seek resolution of compliance issues with deal team and compliance groups
• Prepare daily and monthly reports across a variety of Asset Backed Lending, CLO Lite, Line of Credit, and Warehouse facilities for cash borrowing needs, repayments, and reporting requirements
• Monitor cash flow analysis and assist deal team and Finance with capital calls, distributions, and equity contributions
• Assist in developing, implementing and reviewing operational controls, policies, and procedures
• Assist with the audit confirmation and AUP testing procedures

REQUIREMENTS/QUALIFICATIONS:

• BS in Finance, Accounting, Economics, Business Management, or a related major
• At least 5-8 years of professional experience, primary focus on debt products a plus
• Working knowledge of WSO, ClearPar, and BlackMountain a plus
• Advanced knowledge of Excel
• Strong organizational skills with the ability to multitask and prioritize a time sensitive workload
• Strong interpersonal and communication skills

Location: Boston, MA Hybrid

The base salary range for this position is $72,000 - $130,000. The base salary range represents the estimated low and high end for this position at the time of this posting. Consistent with applicable law, compensation may vary and will be determined based on but not limited to, the skills, qualifications, and experience of the applicant along with the requirements of the position, and Audax reserves the right to modify this pay range at any time. 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.

Based in New York, Audax Private Debt is a leading debt capital partner for North American middle market companies. Since its inception in 2000, the firm has invested more than $42 billion in support of over 290 private equity sponsors. Audax Private Debt works collaboratively to build tailored financing solutions for its clients through a comprehensive range of offerings that includes first lien, stretch senior, unitranche, second lien, and subordinated debt, as well as equity co-investments. Audax Private Debt is an experienced and trusted partner with senior leadership averaging more than 26 years in private credit and 15 years working together at the firm through multiple economic cycles. For more information, please visit audaxprivatedebt.com or follow us on LinkedIn.

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. Private Debt invests in debt securities of middle market companies backed by private equity sponsors via a variety of different investment vehicles. The candidate will work closely with the Valuation, Investor Relations, CLO, FP&A, Tax and Senior Debt Deal teams.

The ideal candidate is a self-motivated and detail-oriented team player who will thrive in a fast-paced environment and must be able to prioritize and complete all projects with precision in a timely manner. As Audax Private Debt continues to grow, the position will evolve with the direction of the business’ needs.

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
• Administration of 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
• Be available to provide timely communication to internal and external stakeholders on projects when required
• Responsible for coaching and developing junior team members

COMPETENCIES: 

• Advanced GAAP financial reporting experience
• Effective communication skills and ability interact with Senior Management and outside parties
• Strong organizational skills
• Professional and energetic attitude
• Expert knowledge of Microsoft Office suite (Excel, Word, etc.)
• Self-starter with ability to work independently and in a team environment
• Exemplary leadership skills
• Ability to work in a fast-paced environment and manage competing priorities
• Demonstrated consistency in meeting deadlines with quality work product

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

OTHER DUTIES:  

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.

For Massachusetts: The base salary range for this position is $125,000- $150,000. The base salary range represents the estimated low and high end for this position at the time of this posting. Consistent with applicable law, compensation may vary and will be determined based on but not limited to, the skills, qualifications, and experience of the applicant along with the requirements of the position, and Audax reserves the right to modify this pay range at any time. 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.

POSITION SUMMARY:

This individual will play a critical cross-functional role supporting the Private Debt business, leading financial analysis and planning efforts, while working closely with the Tax team to incorporate tax considerations into reporting and ensure the business has clear, actionable tax visibility.

The ideal candidate is a self-starter with expertise in both financial planning and tax, capable of managing complex data, delivering actionable insights, and driving process improvement. This position will work closely with senior leadership, including the CFO, EVP & VP of FP&A and act as a key liaison with internal stakeholders and external advisors.

RESPONSIBILITIES

Financial Planning & Analysis (Approx. 60%):

• Support the delivery and ongoing enhancement of monthly reporting and analysis
• Analyze financial performance, including budget vs. actuals and key business drivers
• Assist with quarterly close processes, including accruals and allocations
• Develop and maintain financial models to support budgeting, forecasting, and long-term planning
• Contribute to improving operating P&L processes and reporting efficiency
• Support the implementation and optimization of financial systems and tools

Tax Forecasting & Strategy (Approx. 40%):

• Maintain and enhance quarterly tax forecasting and estimation processes
• Develop reporting to track partner allocations over time and ensure alignment between taxable income and cash distributions
• Support process improvements through automation and best practices to enhance accuracy and efficiency

COMPETENCIES:

• Strong analytical and modeling capabilities with the ability to synthesize complex financial data into actionable insights.
• Excellent communication skills and comfort working with executives and third-party service providers.
• High attention to detail with a demonstrated ability to manage multiple projects simultaneously.
• Strong leadership presence, with the ability to work independently and within cross-functional teams.
• Proactive and adaptable in a fast-paced, evolving environment.

REQUIREMENTS/QUALIFICATIONS:

• Bachelor’s degree in accounting, Finance, Economics, or a related field; CPA, CFA, or advanced degree preferred.
• 3–6 years of experience in tax and/or FP&A, preferably in the private equity or broader financial services industry.
• Proven experience with corporate and partnership tax concepts and IRS compliance.
• Advanced Microsoft Excel skills required, and financial modeling experience strongly preferred.
• Familiarity/Nice to have with financial and reporting systems such as NetSuite, Investran, Anaplan, Concur, SQL, and Snowflake.

This role will interview candidates for both our Boston and New York offices. 

For New York City only: The base salary range for this position is $110,000- $150,000. The base salary range represents the estimated low and high end for this position at the time of this posting. Consistent with applicable law, compensation may vary and will be determined based on but not limited to, the skills, qualifications, and experience of the applicant along with the requirements of the position, and Audax reserves the right to modify this pay range at any time. 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.

POSITION SUMMARY:

The individual in this role will be a critical member of the finance team responsible for the operations of Audax Management Company. The role will work closely with the Controller and Senior Accountant alongside the firm’s third-party administrator, to deliver robust financial reporting to senior management through accurate and timely recording of activity in the firm’s accounting systems. 

The ideal candidate is a self-motivated and detail oriented team player with strong organizational skills, a professional and discreet demeanor, a flexible approach to learning and “do anything” attitude.  This role offers an exciting opportunity for a motivated accounting professional to gain hands on experience in a fast paced, dynamic and high energy work environment at a growing private equity firm with exposure across multiple departments.

RESPONSIBILITIES

• Coordinate various work streams with third-party administrator, ensuring that supporting documentation (invoices, approvals, etc.) is delivered timely and in accordance with policy
• Assist with the monthly close process, including preparing/reviewing closing, accrual and depreciation entries
• Prepare and maintain monthly balance sheet account reconciliations, P&L trending analysis, and management reporting
• Assist external auditors with annual audit and tax team with reporting, filings
• Assist with continuous process improvement initiatives, with a focus on the continued development of processes and best practices related to Oracle NetSuite and Concur
• Assist with preparation of cash, investment, revenue, and expense analysis reports for senior management on a weekly and ad-hoc basis
• Assist with generating and reviewing of portfolio company, fund/holding company, and employee billing, including adherence to Management Services Agreements and the firm’s expense allocation policies
• Prepare monthly journal entries, including reclassing expenses and expense allocations across business units and perform balance sheet account clean-up to resolve stale balances
• Maintain the team’s filing system ensuring documentation is organized

REQUIREMENTS/QUALIFICATIONS:

• Bachelors in Accounting or Finance with advanced degree or certification a plus
• 0-3 years of experience in a corporate or public accounting role, preferably in private equity or financial services
• Basic understanding of U.S. GAAP requirements
• Technologically savvy with MS Excel skills, NetSuite and Concur experience is a plus
• Self-motivated with ability to work independently and in a team environment
• Ability to adapt in a dynamic environment and manage competing priorities
• Ability to manage multiple priorities and meeting deadlines with quality work product in a fast paced environment
• Effective communication skills and ability interact with Senior Management and outside parties
• Professional and energetic attitude

OTHER DUTIES:  

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.

For Massachusetts: The base salary range for this position is $65,000- $80,000. The base salary range represents the estimated low and high end for this position at the time of this posting. Consistent with applicable law, compensation may vary and will be determined based on but not limited to, the skills, qualifications, and experience of the applicant along with the requirements of the position, and Audax reserves the right to modify this pay range at any time. 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.

POSITION SUMMARY:

Significant alignment with LPs has been one of the cornerstones of Audax’s strategy since the firm was founded. This alignment is achieved through the firm’s extensive co-invest program, through which employees, collectively, have been, and continue to be among the largest investors in nearly every Audax investment across all business units. The Audax Co-Invest Finance Group is a team of 7 individuals responsible for the operational, accounting, tax, and reporting aspects of the co-invest portfolio. With significant investments across the entire Audax platform, the portfolio provides the team with the unique opportunity to gain exposure to all of the firm’s business units. Members of the team regularly collaborate with members of nearly every internal department in the company, including investment professionals from all business units, all internal finance departments, tax, legal, HR, compliance, and IT, as well as the firm’s outside advisors, including attorneys, banks, custodians, and accounting and tax professionals.

This position is responsible for all elements of accounting, reporting, and administration for Audax Co-Invest.  The candidate will work with other team members to maintain a scalable accounting function that provides a consistently high level of support to the organization.  This team member will be responsible for the timely and accurate completion of daily, weekly, and quarterly accounting for various funds.  This team member will also work closely with other internal teams to provide quarterly deliverables, assist in deal level allocations, and other internal ad-hoc requests.

The ideal candidate is a self-motivated team player who is able to materialize concepts into effective, concise and timely execution of work product. As Audax Co-Invest continues to grow, the position will evolve with the direction of business needs.

RESPONSIBILITIES:

• Cash monitoring and reconciliation with bank on a daily basis
• Record journal entries in accounting system on a daily basis for all investment activity in Co-Invest and General Partnership entities
• Prepare capital calls and distributions based on Fund cash projections
• Communicate with investors on a regular basis to provide documents related to capital activity, tax, compliance and account statements
• Coordinate with management company team for reconciliation of payables
• Communicate directly with bank representatives to maintain accounts and provide documentation for new accounts on an ad hoc basis
• Assist with quarterly financial reporting and provide quarterly account statements to investors
• Use DocuSign to produce Subscription documents for the Co-Investors
• Work with investors to complete ad-hoc reporting requests
• Close interaction with Business Solutions team and FP&A team to implement system solutions/efficiencies in relation to accounting systems and recurring reporting requests. Assist in the testing and implementation of reporting solutions. Propose new reporting initiatives and projects as challenges/inefficiencies arise.

REQUIREMENTS/QUALIFICATIONS:

• BS in Management with an advanced degree or certification a plus
• 1-3 years professional experience in fund accounting, alternative investment operations, or audit with primary focus on partnerships and investment
• Advanced excel user with a high level of attention-to-detail
• Experience with accounting software (Investran experience a plus)
• Experience with online banking platforms and treasury management systems/applications preferred (experience with Bank of America CashPro, Kyriba a plus)
• Understanding or experience with Private Equity or other alternative investment structures preferred
• Strong organizational skills with the ability to manage and prioritize multiple workstreams in order to meet tight deadlines
• Professional individual with strong interpersonal and communication skills, with the ability to effectively engage and lead a team and colleagues
• Detail-oriented and able to research discrepancies

 OTHER DUTIES:  

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.

For Massachusetts: The base salary range for this position is $72,000- $120,000. The base salary range represents the estimated low and high end for this position at the time of this posting. Consistent with applicable law, compensation may vary and will be determined based on but not limited to, the skills, qualifications, and experience of the applicant along with the requirements of the position, and Audax reserves the right to modify this pay range at any time. 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.

POSITION SUMMARY:

This individual will play a critical cross-functional role supporting the Private Debt business, leading financial analysis and planning efforts, while working closely with the Tax team to incorporate tax considerations into reporting and ensure the business has clear, actionable tax visibility.

The ideal candidate is a self-starter with expertise in both financial planning and tax, capable of managing complex data, delivering actionable insights, and driving process improvement. This position will work closely with senior leadership, including the CFO, EVP & VP of FP&A and act as a key liaison with internal stakeholders and external advisors.

RESPONSIBILITIES

Financial Planning & Analysis (Approx. 60%):

• Support the delivery and ongoing enhancement of monthly reporting and analysis
• Analyze financial performance, including budget vs. actuals and key business drivers
• Assist with quarterly close processes, including accruals and allocations
• Develop and maintain financial models to support budgeting, forecasting, and long-term planning
• Contribute to improving operating P&L processes and reporting efficiency
• Support the implementation and optimization of financial systems and tools

Tax Forecasting & Strategy (Approx. 40%):

• Maintain and enhance quarterly tax forecasting and estimation processes
• Develop reporting to track partner allocations over time and ensure alignment between taxable income and cash distributions
• Support process improvements through automation and best practices to enhance accuracy and efficiency

COMPETENCIES:

• Strong analytical and modeling capabilities with the ability to synthesize complex financial data into actionable insights.
• Excellent communication skills and comfort working with executives and third-party service providers.
• High attention to detail with a demonstrated ability to manage multiple projects simultaneously.
• Strong leadership presence, with the ability to work independently and within cross-functional teams.
• Proactive and adaptable in a fast-paced, evolving environment.

REQUIREMENTS/QUALIFICATIONS:

• Bachelor’s degree in accounting, Finance, Economics, or a related field; CPA, CFA, or advanced degree preferred.
• 3–6 years of experience in tax and/or FP&A, preferably in the private equity or broader financial services industry.
• Proven experience with corporate and partnership tax concepts and IRS compliance.
• Advanced Microsoft Excel skills required, and financial modeling experience strongly preferred.
• Familiarity/Nice to have with financial and reporting systems such as NetSuite, Investran, Anaplan, Concur, SQL, and Snowflake.

This role will interview candidates for both our Boston and New York offices. 

For Massachusetts: The base salary range for this position is $110,000-$150,000. The base salary range represents the estimated low and high end for this position at the time of this posting. Consistent with applicable law, compensation may vary and will be determined based on but not limited to, the skills, qualifications, and experience of the applicant along with the requirements of the position, and Audax reserves the right to modify this pay range at any time. 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.

POSITION SUMMARY:

The Tax Manager will be a key member of the growing Tax Team. Experience in partnership tax is required, with particular knowledge of alternative investments. The Tax Manager must be able to coordinate and manage several projects at the same time.

RESPONSIBILITIES:

• Review and sign-off of tax workpapers and tax returns for funds, GP and Co-Invest entities
• Review and sign-off of state risk analysis workpaper prepared by CPA firms
• Assist with review and sign-off of portfolio holding company partnership tax returns
• Review and sign-off of quarterly and annual tax estimate workpapers for funds, GP and Co-Invest entities
• Oversee and manage outsourced CPA team
• Support distributions to investors by identifying tax withholding requirements
• Help maintain partner information used for K1 reporting and withholding calculations
• Update and monitor various project trackers
• Collect and review documentation to support tax return filings and calculations
• Analyze legal documents such as operating agreements to determine tax implications of contributions, distributions, tax allocations, and other reporting items
• Respond to investor questions on tax reporting
• Ad hoc projects as needed

REQUIREMENTS/QUALIFICATIONS:

• Bachelor’s degree
• 5-8 years of partnership tax, with a blend of Big 4 and industry experience
• CPA required
• Knowledge of individual, corporate, foreign tax reporting, and/or state tax helpful
• Proficiency in Excel
• Excellent interpersonal and communication skills
• Team player, attention to detail, and proven ability to multi-task

OTHER DUTIES:  

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.

For Massachusetts: The base salary range for this position is $112,500- $185,000. The base salary range represents the estimated low and high end for this position at the time of this posting. Consistent with applicable law, compensation may vary and will be determined based on but not limited to, the skills, qualifications, and experience of the applicant along with the requirements of the position, and Audax reserves the right to modify this pay range at any time. 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.

Based in New York, Audax Private Debt is a leading debt capital partner for North American middle market companies. Since its inception in 2000, the firm has invested more than $42 billion in support of over 290 private equity sponsors. Audax Private Debt works collaboratively to build tailored financing solutions for its clients through a comprehensive range of offerings that includes first lien, stretch senior, unitranche, second lien, and subordinated debt, as well as equity co-investments. Audax Private Debt is an experienced and trusted partner with senior leadership averaging more than 26 years in private credit and 15 years working together at the firm through multiple economic cycles. For more information, please visit audaxprivatedebt.com or follow us on LinkedIn.  
This role is based in the Boston office of Audax Private Debt

POSITION SUMMARY:

The position is responsible for the accounting and reporting for Private Debt.  Private Debt Origination invests in junior/unitranche debt and equity securities of middle market companies that are owned by private equity firms. The candidate will provide financial support to Private Debt Origination, FP&A, Tax, and Investor Relations teams through the timely and accurate completion of investment and financial reporting, compliance with accounting standards and legal requirements, and review of financial and operational controls.

RESPONSIBILITIES:

• Preparation of quarterly and annual financial statements of various Private Debt funds
• Review fund administrator’s work on various Private Debt funds
• All accounting, reporting, and compliance of certain Private Debt funds
• Administration of these funds: prepare, coordinate, calculate capital calls and distributions
• Work with Investor Relations group in preparing fundraising offering materials and in providing information for due diligence requests, including fund performance data, fee information and underlying portfolio financial information
• Work closely with firms outside auditor in preparation of year-end audited financials
• Work with tax group in preparing quarterly tax estimates as well as year-end tax allocations
• Cash monitoring and reconciliation with bank
• Track and update the portfolio of investments for the Various Private Debt funds
• Track interest payment receipts across portfolio
• Account for daily activity in the general ledger and portfolio accounting system

COMPETENCIES: 

• Self-starter with ability to work independently and in a team environment
• Ability to work in a fast-paced environment
• Ability to adapt in a dynamic environment and manage competing priorities
• Demonstrated consistency in meeting deadlines with quality work product
• Effective communication skills and ability interact with Senior Management and outside parties
• Strong organizational skills
• Professional and energetic attitude

REQUIREMENTS/QUALIFICATIONS:

• Bachelor's in accounting
• 5-8 years’ experience primarily focused on partnerships and investment (public accounting experience with private debt clients strongly preferred)
• Strong GAAP financial reporting experience
• Expert knowledge of Microsoft Office suite (Excel, Word, etc.)
• Investran experience a plus
• Excellent verbal and writing skills
• CPA or advanced certification a plus

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

OTHER DUTIES: 

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.

For Massachusetts: The base salary range for this position is $99,000- $155,000. The base salary range represents the estimated low and high end for this position at the time of this posting. Consistent with applicable law, compensation may vary and will be determined based on but not limited to, the skills, qualifications, and experience of the applicant along with the requirements of the position, and Audax reserves the right to modify this pay range at any time. 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.

 POSITION SUMMARY:

 Significant alignment with LPs has been one of the cornerstones of Audax’s strategy since the firm was founded. This alignment is achieved through the firm’s extensive co-invest program, through which employees, collectively, have been, and continue to be among the largest investors in nearly every Audax investment across all business units. The Audax Co-Invest Finance Group is a team of 7 individuals responsible for the operational, accounting, tax, and reporting aspects of the co-invest portfolio. With significant investments across the entire Audax platform, the portfolio provides the team with the unique opportunity to gain exposure to all of the firm’s business units. Members of the team regularly collaborate with members of nearly every internal department in the company, including investment professionals from all business units, all internal finance departments, tax, legal, HR, compliance, and IT, as well as the firm’s outside advisors, including attorneys, banks, custodians, and accounting and tax professionals.

This position is responsible for all elements of accounting, reporting, and administration for Audax Co-Invest and General Partnership funds.  The candidate will work with other team members to maintain a scalable accounting function that provides a high level of support to the organization.  This team member will be responsible for the timely and accurate completion of daily, weekly, and quarterly accounting, weekly management reporting, and quarterly financial statements for various funds.  This team member will coordinate the year-end audit process, serving as liaison with external auditors and ensuring timely resolution of audit requests. Additionally, this team member will work closely with other internal teams to provide quarterly deliverables, assist in deal level allocations, and other internal ad-hoc requests.

The ideal candidate is a self-motivated and detail-oriented team player able to materialize concepts into effective, concise and timely execution of work product.  Candidate must be a self-starter with strong analytical, organizational, and communication skills.   As Audax Co-Invest continues to grow, the position may evolve with the direction of business needs.

RESPONSIBILITIES:

• Responsible for accounting, reporting, and administration of Audax Co-Invest and General Partnership Funds, including quarterly financial statements, capital accounts, and weekly management reporting through Investran.
• Coordinate the year-end audit process, serving as liaison with external auditors and ensuring timely resolution of audit requests.
• Review and analyze financial information for combined reporting, valuation support, and disclosure requirements.
• Draft and review financial statement footnotes, including investment valuation disclosures (ASC 820), fair value hierarchy analysis, and related party disclosures.
• Prepare and review NAV calculations and investor capital account statements.
• Partner closely with the Tax team to deliver accurate capital allocations supporting quarterly estimates and tax payment calculations.
• Review of legal documents, including Limited Partnership Agreements, structure charts, and management services agreements.
• Coordination with management company team for reconciliation of payables.
• Communicate with investors on a regular basis to provide documents related to capital activity, tax, compliance and account statements.
• Work with investors to complete ad-hoc reporting requests.
• Close interaction with Business Solutions team and FP&A team to implement system solutions/efficiencies in relation to accounting systems and recurring reporting requests. Assist in the testing and implementation of reporting solutions. Propose new reporting initiatives and projects as challenges/inefficiencies arise.

REQUIREMENTS/QUALIFICATIONS:

• BS in Accounting with an advanced degree (CPA strongly preferred)
• 4-7 years professional experience including public accounting, preferably focusing on alternative investment asset managers
• Understanding or experience with Private Equity or other alternative investment structures preferred
• Experience with accounting software preferred (Investran experience a plus)
• Advanced excel user with a high level of attention-to-detail
• Strong organizational skills with the ability to manage and prioritize multiple workstreams in order to meet tight deadlines
• Professional individual with strong interpersonal and communication skills, with the ability to effectively engage and lead a team and colleagues

OTHER DUTIES:  

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.

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

For Massachusetts: The base salary range for this position is $100,000- $130,000. The base salary range represents the estimated low and high end for this position at the time of this posting. Consistent with applicable law, compensation may vary and will be determined based on but not limited to, the skills, qualifications, and experience of the applicant along with the requirements of the position, and Audax reserves the right to modify this pay range at any time. 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.

POSITION SUMMARY:

Seeking a detail oriented Senior Compliance Analyst/Compliance Counsel for a newly created position supporting all aspects of Audax Private Equity’s compliance program.  Reporting directly to the CCO, the Senior Compliance Analyst will work closely with members of the Audax Private Equity investor relations, accounting, and investment teams.  The Senior Compliance Analyst will be an integral part of the Audax compliance team, based in Boston and New York.

RESPONSIBILITIES:

• Assist with implementation of Audax Private Equity’s compliance program
• Actively participate in annual reviews and risk assessments
• Perform periodic compliance testing and monitoring across the program
• Administer and enforce compliance policies and procedures, including maintaining compliance records and evidence requirements
• Track regulatory developments impacting private equity advisers
• Assist with developing new policies, procedures, and technological upgrades to meet increasing regulatory demands and growth in the business
• Work with various business unit representatives to incorporate compliance requirements into business processes
• Assist with oversight of service providers, support Reg S-P privacy and data protection controls and participate in incident response and escalation as needed
• Assist with Form ADV Parts 1 and 2, Form PF, and other filings
• Support SEC examinations and regulatory enquiries, including document production and response coordination
• Work closely with the Audax Private Equity investor relations team to create, review, and approve marketing materials and investor communications for multiple product lines
• Other ad hoc projects and special tasks related to compliance matters, as needed

REQUIREMENTS/QUALIFICATIONS:

• BA or BS degree required/JD Preferred
• 3 to 5 years of compliance experience within the financial services space, preferably with private fund advisor experience
• Professional maturity and ability to engage effectively at all levels, including with senior management
• Experience with compliance testing, monitoring and marketing material review preferred
• Ability to work independently and as part of a team, while effectively collaborating and communicating to coordinate workload, priorities, initiatives, and regulatory interpretations
• Sound judgment in a fast-paced, deadline driven environment, with the ability to prioritize time sensitive projects
• Detail oriented, organized, and analytical, with strong issue spotting and execution skills
• Motivated self-starter with a willingness to “roll up your sleeves” and identify opportunities for enhancement
• Clear and effective written and oral communicator
• Consensus builder with demonstrated self-awareness, humility, and ability to learn and adapt
• Pragmatic approach that balances regulatory and policy standards with business practice
• Relationship builder with partners throughout the organization and external to the organization
• Flexibility and a willingness to take on new, varied and cross functional projects
• Ability to be in office 4 days per week, with some flexibility as needed.

OTHER DUTIES: 

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.

Location: Boston, MA with 4 days a week in the office

The base salary range for this position is $100,000 - $150,000. The base salary range represents the estimated low and high end for this position at the time of this posting. Consistent with applicable law, compensation may vary and will be determined based on but not limited to, the skills, qualifications, and experience of the applicant along with the requirements of the position, and Audax reserves the right to modify this pay range at any time. 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.