BAIN CAPITAL OVERVIEW
Bain Capital, LP is one of the world’s leading private multi-asset alternative investment firms with over $180 billion of assets under management that creates lasting impact for our investors, teams, businesses, and communities in which we live. Since our founding in 1984, we’ve applied our insight and experience to organically expand into several asset classes including private equity, public equity, fixed income, credit, venture capital and real estate. We leverage our shared platform to capture cross-asset class opportunities in strategic areas of focus. With offices on four continents, our global team aligns our interests with those of our investors for lasting impact.
Tech Opportunities Overview
Bain Capital Tech Opportunities aims to help growing technology companies reach their full potential. We focus on companies in large, growing end markets with innovative or disruptive technology where we believe we can support transformational growth.
Our dedicated, tenured team has deep experience supporting growing technology businesses—bringing together differentiated backgrounds in private and public equity investing as well as technology operating roles. We invest behind fundamental long-term tailwinds as technology penetrates across industries, creating a large and growing number of investment opportunities. Our team focuses on four priority sub-verticals: Application Software, Infrastructure & Security, Fintech & Payments, and Healthcare IT.
Bain Capital Tech Opportunities launched in 2019 and is currently investing out of a $2.4 billion Fund II. The team has expanded to over 30 investment professionals across Boston, San Francisco and London and manages a portfolio of 17 active investments.
KEY RESPONSIBILITIES
The Finance Vice President is a key member of the Tech Opportunities team who will provide strategic oversight and management of the entire Finance function for this business. The Finance Vice President will be accountable to and work in close partnership with Tech Opportunities leadership and will report directly to the Bain Capital Group Chief Financial Officer for Private Markets Investing.
The Finance Vice President will be responsible for managing all fiscal affairs of Tech Opportunities, including reporting activities, cash management, financing activities, risk management (including interest rate and currency hedging), budgeting and forecasting, and managing the day-to-day operations of the Finance team. The Finance Vice President will also assist the investment team with transaction closing support, working with internal and external legal and tax professionals. The Finance Vice President will be expected to provide insight to the financial strategy for reaching the business investment goals as well as monitoring and analyzing all financial results while leading a team of 2 finance professionals and a third-party Fund Administrator.
Specific position responsibilities will include, but not be limited to, the following activities:
- Build / enhance a strong accounting and finance team to successfully achieve the investment team’s goals and objectives
- Lead Team’s Financial Reporting Function—Develop, implement and ensure compliance with accounting policies and procedures
- Preparation of quarter-end and year-end financial reporting; Quarterly US GAAP (Fair Value) Basis reporting; annual US GAAP (Fair Value) Basis audit; Annual Tax Basis Book Preparation;
- Partner with investment and portfolio management team in preparation of quarterly valuations
- Lead Team’s Investment Support Function
- Understanding and documenting investment transactions; working with deal staff and outside advisors on deal closings and harvest transactions, assisting in transactional Due Diligence as appropriate and advising on finance consequences of complex investment transactions.
- Working with internal tax department and external advisers regarding tax implication of complex investment transactions
- Lead Control and Risk Management Function
- Cash flow management, capital calls and cash distributions— fund capital calls and cash distributions, Fund liquidity and borrowing under subscription line
- Risk Management—Implement and manage best-in-class programs around corporate and cash controls, interest rate and currency hedging program, etc. Analysis of various fund activities to ensure compliance with investment team guidelines, partnership agreements, loan documents.
- Development of internal portfolio analytics and forecasting to drive business, provide portfolio insights and support IR communications.
- Develop system of collecting and organizing portfolio company data.
- Manage calculation of Fund Performance, hurdle and waterfall
- Responsible for creating and managing detailed track record
- Collaborate with Investment team to assist in preparation of presentation materials, information posted to investor website, fundraising documents
- Responding to requests and inquiries of limited partners and their representatives via telephone and email
- Drive Tech Opportunities strategic technology and data initiatives in coordination with Bain investment and technology teams. Manage and further develop asset management and financial reporting software system.
- Select, negotiate terms, manage and partner with key fund service providers and lenders including Fund Administrator, subscription lenders, valuation consultants. Negotiate and administer contracts with such service providers; assist in negotiation of accounting/reporting and asset management agreements.
- Work with Compliance on any regulatory reporting and audit activities
- Partner with centralized Bain Capital functions: Firm FP&A, Treasury, Coinvest, General Partner, Corporate, Tax.
QUALIFICATIONS
The ideal candidate will possess the following professional skills and experiences:
- Minimum 15-20 years of demonstrated relevant finance and accounting experience [with at least five years’ experience in a lead role].
- BS or MBA in Finance or Accounting required; other additional relevant advanced degree and/or certification such as a CPA or CFA strongly preferred.
- Highly analytical and strategic thinker. Ability to translate financial information into insights for business and firm leadership, investor relations, and others as appropriate.
- Demonstrated ability to prepare clear, accurate, well-organized written and financial reports, and to communicate verbally in an effective and concise manner with diverse audiences.
- Strong interpersonal skills and professional demeanor, including demonstrated success in developing collegial and consultative relationships with other colleagues.
- Ability to work in a fast-paced environment and drive multiple projects/tasks simultaneously.
- Dedicated team player with a strong sense of ownership.
- Supervisory experience
- Experience in building and leading an accounting and finance team
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.
