Finance Associate - Real Estate

Bain Capital, LP.

$80K — $85K *
Real Estate & Construction
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting, Finance, or a related field
  • Entry-level to 2 years of relevant experience, with preference for Big 4 or real estate investment management experience
  • Advanced Excel skills
  • Interest in process improvement and IT tools, including AI
  • Experience with Yardi preferred but not mandatory
  • Strong communication skills, both verbal and written
  • Exceptional organizational skills with attention to detail

Responsibilities

  • Track and analyze weekly cash activity, including capital calls and distributions
  • Perform weekly cash availability analysis across multiple funds
  • Ensure timely cash movement and weekly cash reconciliation with team members
  • Collaborate with outsourced accounting group for cash tracking and bank fee calculations
  • Review supporting workpapers for monthly interest expense and assist in quarterly workpapers preparation
  • Support the annual property operating budget process
  • Assist with interim and year-end audit and tax deliverables
  • Collaborate on ad hoc projects for process enhancement

Benefits

  • Competitive benefits package supporting health and financial security
  • Opportunity for discretionary annual bonuses based on performance
  • Exposure to a diverse portfolio of real estate asset sectors
  • Opportunity to work on process improvements and technology integration
  • Collaborative team environment with professionals from various finance disciplines
Full Job Description
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 interim & year-end audit/tax deliverables

Process Improvement
  • Collaborate with Finance team members on ad hoc projects to enhance the products of the department and firm


GENERAL QUALIFICATIONS

We are actively seeking candidates with the following skills and qualifications:
  • A Bachelor's degree in Accounting, Finance, or similar major
  • Entry level to 2 years of relevant experience preferred. Preference will be given to Big 4 public accounting experience and/or experience working at a real estate investment manager.
  • Advanced Excel skills
  • Demonstrated interest in process improvement, including use of IT tools and AI
  • Experience in Yardi is preferred, but not required
  • Excellent communication skills (email and verbal) plus demonstrated confidence and ability to communicate with all levels of the team
  • Must possess exceptional organizational skills, be deadline-driven, and have a keen attention to detail
  • Ability to balance competing priorities, thrive in a fast-paced environment, and demonstrate strong self-motivation


Compensation:

Expected Annual Base Salary $80,000 - 85,000

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.

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