Finance Associate - Real Estate at Bain Capital in Boston, MA

Job description

BAIN CAPITAL OVERVIEW With approximately $225 billion of assets under management, Bain Capital is one of the world’s leading private investment firms. We create lasting impact for our investors, teams, businesses, and the communities in which we live. Over four decades we have strategically grown our platform to focus on Private Equity, Growth & Venture, Capital Solutions, Credit & Capital Markets, and Real Assets. Today, our team includes 2,000+ employees in 24 offices on four continents. We partner differently to help people and companies embrace possibility and realize potential. Founded as a private partnership in 1984, we have fostered a culture of innovation, entrepreneurialism, and agility, empowering our people to define and own their career trajectories. Today, our partnership approach enables us to pursue strategic growth, build enduring relationships with a robust external network, and collaborate across our integrated platform to connect the deep and diverse expertise that unlocks breakthrough insights. Our people are the heart of our advantage. Colleagues at all levels have a seat at the table as they tackle business challenges with a principal investor mindset. By asking incisive questions, respectfully challenging one another, and remaining intellectually agile, we work together to achieve exceptional outcomes. BAIN CAPITAL REAL ESTATE OVERVIEW Since 2010, senior members of the Bain Capital Real Estate (“BCRE”) team have refined a thematic and nimble business model, focused on thesis-driven and resilient portfolio construction, designed to capture long-term demand growth and changing customer needs and preferences for real estate. Our team, which is led by Ryan Cotton, Partner, and comprises more than 100 dedicated professionals, has been thoughtfully constructed to capture market opportunities at scale. To date, our strategy has been utilized for the acquisition of more than 730 assets with total equity commitments of $11.8 billion. This includes, but is not limited to, acquisitions across BCRE Fund I ($1.5 billion, 2018 vintage), BCRE Fund II ($3.0 billion, 2020 vintage), BCRE Fund III ($3.4 billion, 2023 vintage), and the BCRE Life Science Fund (~$800 million, 2021 vintage), value-add real estate funds focused predominantly on thematic investments in North America. We believe that while our business model is built to succeed in a broad range of environments, it is particularly well suited for the current period of volatility. For more information, visit https://www.baincapital.com/businesses/real-estate . ASSOCIATE POSITION DESCRIPTION The Associate will be a member of the BCRE Finance team and will be responsible for supporting Senior Finance Associates and other Finance team members on accounting and reporting matters for a portfolio of direct real estate investments, as well as providing support for fund level accounting and reporting functions. Direct real estate investments include a wide range of asset sectors including retail, life sciences / lab space, senior housing, self-storage, industrial - infill, medical office, multi-family, media / content space, etc. The responsibilities of the Associate will include, but are not limited to, the following: Cash Management Track, analyze, and coordinate weekly cash activity, such as processing capital calls and distributions Perform weekly cash availability analysis across multiple Funds, including evaluating loan drawdowns and repayments Coordinate with multiple Finance team members and other Bain departments to ensure all wires move timely and that cash reconciles weekly Coordinate with the outsourced accounting group and fund administrator on cash procedures, cash tracking, and bank fee & interest calculations Reporting & Audit Support Review supporting workpapers for monthly interest expense/bank fees as well as assist in the preparation of quarterly workpapers Support team members with annual property operating budget process Provide assistance with inter