• Bain & Company
  • $80,280.00 -119,530.00/year*
  • Boston , MA
  • Accounting
  • Full-Time
  • 532 Boylston St

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Company Overview

Bain & Company is the management consulting firm that the world?s business leaders come to when they want results. Bain advises clients on strategy, operations, information technology, organization, private equity, digital transformation and strategy, and mergers and acquisition, developing practical insights that clients act on and transferring skills that make change stick.? The firm aligns its incentives with clients by linking its fees to their results.?Bain clients have outperformed the stock market 4 to 1. Founded in 1973, Bain has 57 offices in 36 countries, and its deep expertise and client roster cross every industry and economic sector.


Department Overview?

The Investment Services Group (?ISG?) is an internal investment office serving Bain?s eligible Partners and Managers.? The mission of ISG is to provide attractive investment opportunities and easily accessible information concerning those investments.? ISG manages the operations of the funds governed by the Investment Committee, and reports through Bain?s Global CFO.


Position Summary

The Senior Accountant, ISG creates and maintains the accounting and reporting records of a sub-set of the Group?s tax-basis private equity funds and related investment entities, and collaborates with the Group?s team members on related work streams and projects.? The Senior Accountant is responsible for preparing the accounting records, analysis of investment transactions and valuations and reporting to investors and management.? In addition, the Senior Accountant works strategically with internal and external advisors and stakeholders to stay abreast of regulatory requirements and to drive results by developing and implementing enhancements to existing processes and related software applications.

Essential Functions


Fund Accounting & Reporting

  • Preparing and maintaining accurate tax-basis records and supporting documentation for the timely financial reporting of the funds, in compliance with partnership agreements & internal controls
    • Prepare the quarterly & annual financial reporting of the funds and investor capital accounts, including accounting entries, supporting documentation and investor allocations
    • Maintain investor level allocation methodologies
    • Maintain database of investment-level metrics
  • Prepare filings with taxing authorities and related payment requests, and prepare and monitor responses to tax notices
  • Calculate withholding taxes at the investor level and related receivables and prepare Forms 1042 and 1099 for timely payments and filings
  • Create periodic reporting for management

Fund Operations & Administration

  • Facilitate annual audits and tax return preparation
    • Prepare draft audit reports and respond to auditor inquiries
    • Prepare income tax summaries, including individual partner allocations and respond to tax preparer inquiries
  • Prepare and facilitate investor capital calls, distributions to investors, vendor payments, foreign currency transactions and related activities
  • Prepare quarterly and ad-hoc reporting to investors and management
  • Manage External SharePoint site to facilitate review by independent auditors and tax professionals
  • Assist with the creation of new funds and fund offerings, and dissolution of entities
  • Assist with assessment & implementation of technology solutions

Investment Transactions, Valuation & Reporting

  • Analyze portfolio company data for quarterly & annual valuation reporting of the investment holdings
  • Analyze and summarize investment transactions and activity
  • Maintain relationships with finance personnel at the various firm?s sponsoring the underlying investments
  • Create periodic reporting for management

Other duties as required

  • Provide support to management & Investment Committee
  • Perform other duties as responsibilities dictate


  • Bachelor?s degree in Accounting or Finance
  • Minimum of 3 years in financial services industry or public accounting firm,? working with partnership accounting and/or taxation
  • Knowledge of basic partnership accounting
  • Highly motivated, organized, proactive self-starter and team player
  • Excellent communication & interpersonal skills with ability to build relationships at all levels of the organization
  • Ability to work independently receiving strategic direction, and collaboratively as part of a team
  • Ability to successfully manage multiple work streams, prioritize assignments and meet deadlines
  • Working knowledge of Microsoft softwares, including Excel, PowerPoint, Word & SharePoint


  • CPA or similar accreditation / work experience
  • Advanced degree in Accounting, Business or Taxation
  • Experience with private equity or alternative investment funds
  • Experience with tax reporting of funds and individuals
  • Knowledge of basic partnership tax reporting, individual tax matters and investor reporting
  • Strong analytical and problem-solving skills, with intellectual curiosity to identify issues and create proposed solutions
  • Ability to think outside of the routine and to create new ways to better serve external an internal stakeholders
  • Strong organizational & project management skills
  • Working knowledge of Investran software package


* The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.

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