Back to jobs
New

Treasury Manager

Boston, MA

Audax Group is a leading alternative investment manager with offices in Boston, New York, San Francisco, and London. Since its founding in 1999, the firm has raised over $40 billion in capital across its Private Equity and Private Debt businesses. With more than 400 employees and approximately 180 investment professionals, the firm is a leading capital partner for North American middle market companies. For more information, visit the Audax Group website www.audaxgroup.com.

POSITION SUMMARY:

As the Treasury Manager at Audax Private Debt (APD), you will oversee the daily management and reporting of cash flows, wire transfers, and banking activities across various vehicles and platforms. You will play a critical role in ensuring efficient cash management, fraud prevention, and seamless coordination with internal teams, agents, and sponsors. This position will require strong leadership in the use of Kyriba, daily liquidity management, and ensuring compliance with treasury procedures. You will work closely with Operations, Finance, and Deal Teams to ensure that funds are available for timely transactions, including funding trades, capital calls, and distributions.

RESPONSIBILITIES:

  • Kyriba Management & Reporting: Lead the continued onboarding, use, and reporting functions of Kyriba to optimize treasury operations.
  • Cash Flow Monitoring & Reporting: Oversee daily cash balances across multiple banking platforms (BofA, Citi, Wells Fargo, etc.) and generate daily cash reports to inform liquidity planning and upcoming fundings.
  • Wire Management & Compliance: Coordinate the preparation and review of wire packets (~500/month), ensuring compliance with wire procedures and ensuring all necessary approvals are obtained.
  • Fraud Prevention & Monitoring: Monitor fraud checks on wire transfers, flagging any suspicious transactions and ensuring proper release procedures are followed.
  • Funding Coordination: Work with the Operations and Finance Teams to ensure sufficient liquidity for daily fundings and manage FX trades and unfunded draws.
  • Capital Calls & Legal Wires: Collaborate with the Finance and Investor Relations teams to manage capital calls, distributions, and legal wires, ensuring all LP wire changes are processed timely.
  • Bank Account Management: Manage the setup of new bank accounts for Audax entities, ensuring compliance with KYC (Know Your Customer) requirements and annual refreshes.

COMPETENCIES:

  • Cash & Liquidity Management: Ability to effectively monitor and manage cash balances across multiple banking platforms to ensure liquidity needs are met.
  • Wire Transfer & Fraud Prevention: Strong understanding of wire transfer processes, including review, approval workflows, and fraud prevention protocols.
  • Cross-functional Collaboration: Skilled at working with various internal teams (Operations, Finance, Deal Teams) to ensure timely and efficient fundings, capital calls, and distributions.
  • Problem-Solving & Decision Making: Ability to identify inefficiencies in cash management processes and implement solutions that improve the department’s effectiveness.
  • Attention to Detail & Accuracy: Precision in overseeing daily cash balances, wire transfers, and ensuring that all activities comply with internal and regulatory standards.
  • Leadership & Process Improvement: Demonstrated leadership in managing treasury operations and driving improvements in technology (e.g., Kyriba) and procedures.

REQUIREMENTS/QUALIFICATIONS:

  • Experience: 8-9 years of relevant experience in treasury management, banking operations, or a related financial discipline, with a strong background in managing liquidity and wire processes.
  • Education: Bachelor’s degree in Finance, Accounting, or a related field.
  • Technical Proficiency: Extensive experience using Kyriba or similar treasury management software; proficiency in Microsoft Excel and other financial tools.
  • Knowledge: Deep understanding of banking systems, cash management practices, wire transfers, and fraud detection protocols.
  • Communication Skills: Strong verbal and written communication skills, with the ability to collaborate with both technical teams and senior management.
  • Detail-Oriented: Exceptional attention to detail and organizational skills, particularly in handling high volumes of transactions and ensuring compliance.
  • Leadership: Ability to lead initiatives, collaborate with cross-functional teams, and manage treasury processes effectively.

This role offers a unique opportunity to shape the treasury function at a dynamic private equity firm, where your expertise in cash management and treasury operations will have a direct impact on the company’s financial stability and success.

TRAVEL: 10% 

LOCATION: Boston, MA Hybrid 3 days in office

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.

 

 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. 

Audax Management Co. is an equal opportunity employer.

Please note that Audax Group and its affiliated entities do not accept unsolicited resumes from a third-party recruiting agency not currently under a signed agreement. Any unsolicited resume that is sent to directly to Audax Group or one of its affiliated entities, or its employees, including those submitted to hiring managers by a third-party recruiting agency not currently under a signed agreement, will be considered property of Audax Group. If a third-party recruiting agency submits a resume without an agreement, Audax Group or its affiliated entities explicitly reserves the right to pursue and hire those candidate(s) without any financial obligation to the third-party recruiting agency. Any third-party recruiting agency should contact either a member of the Talent Acquisition or Human Resource team at Audax Group, in conjunction with a valid, fully executed contract for service based upon a specific job opening.

Apply for this job

*

indicates a required field

Resume/CV*

Accepted file types: pdf, doc, docx, txt, rtf

Cover Letter

Accepted file types: pdf, doc, docx, txt, rtf

Education

Select...
Select...
Select...
Select...
Select...

Do you now, or will you in the future, require sponsorship for employment visa status (e.g. H-1B visa status, etc.) to work legally for Audax Management Company, LLC in the United States?

Please provide a range for base salary and bonus.

How would you describe your racial/ethnic background? (mark all that apply) *

We invite applicants to share their demographic background. If you choose to complete this survey, your responses may be used to identify areas of improvement in our hiring process.

How would you describe your gender identity? (mark all that apply) *

We invite applicants to share their demographic background. If you choose to complete this survey, your responses may be used to identify areas of improvement in our hiring process.

Select...

U.S. Standard Demographic Questions

We invite applicants to share their demographic background. If you choose to complete this survey, your responses may be used to identify areas of improvement in our hiring process.
Select...
Select...
Select...
Select...
Select...
Select...

Voluntary Self-Identification

For government reporting purposes, we ask candidates to respond to the below self-identification survey. Completion of the form is entirely voluntary. Whatever your decision, it will not be considered in the hiring process or thereafter. Any information that you do provide will be recorded and maintained in a confidential file.

As set forth in Audax Group’s Equal Employment Opportunity policy, we do not discriminate on the basis of any protected group status under any applicable law.

Select...
Select...
Race & Ethnicity Definitions

If you believe you belong to any of the categories of protected veterans listed below, please indicate by making the appropriate selection. As a government contractor subject to the Vietnam Era Veterans Readjustment Assistance Act (VEVRAA), we request this information in order to measure the effectiveness of the outreach and positive recruitment efforts we undertake pursuant to VEVRAA. Classification of protected categories is as follows:

A "disabled veteran" is one of the following: a veteran of the U.S. military, ground, naval or air service who is entitled to compensation (or who but for the receipt of military retired pay would be entitled to compensation) under laws administered by the Secretary of Veterans Affairs; or a person who was discharged or released from active duty because of a service-connected disability.

A "recently separated veteran" means any veteran during the three-year period beginning on the date of such veteran's discharge or release from active duty in the U.S. military, ground, naval, or air service.

An "active duty wartime or campaign badge veteran" means a veteran who served on active duty in the U.S. military, ground, naval or air service during a war, or in a campaign or expedition for which a campaign badge has been authorized under the laws administered by the Department of Defense.

An "Armed forces service medal veteran" means a veteran who, while serving on active duty in the U.S. military, ground, naval or air service, participated in a United States military operation for which an Armed Forces service medal was awarded pursuant to Executive Order 12985.

Select...

Voluntary Self-Identification of Disability

Form CC-305
Page 1 of 1
OMB Control Number 1250-0005
Expires 04/30/2026

Why are you being asked to complete this form?

We are a federal contractor or subcontractor. The law requires us to provide equal employment opportunity to qualified people with disabilities. We have a goal of having at least 7% of our workers as people with disabilities. The law says we must measure our progress towards this goal. To do this, we must ask applicants and employees if they have a disability or have ever had one. People can become disabled, so we need to ask this question at least every five years.

Completing this form is voluntary, and we hope that you will choose to do so. Your answer is confidential. No one who makes hiring decisions will see it. Your decision to complete the form and your answer will not harm you in any way. If you want to learn more about the law or this form, visit the U.S. Department of Labor’s Office of Federal Contract Compliance Programs (OFCCP) website at www.dol.gov/ofccp.

How do you know if you have a disability?

A disability is a condition that substantially limits one or more of your “major life activities.” If you have or have ever had such a condition, you are a person with a disability. Disabilities include, but are not limited to:

  • Alcohol or other substance use disorder (not currently using drugs illegally)
  • Autoimmune disorder, for example, lupus, fibromyalgia, rheumatoid arthritis, HIV/AIDS
  • Blind or low vision
  • Cancer (past or present)
  • Cardiovascular or heart disease
  • Celiac disease
  • Cerebral palsy
  • Deaf or serious difficulty hearing
  • Diabetes
  • Disfigurement, for example, disfigurement caused by burns, wounds, accidents, or congenital disorders
  • Epilepsy or other seizure disorder
  • Gastrointestinal disorders, for example, Crohn's Disease, irritable bowel syndrome
  • Intellectual or developmental disability
  • Mental health conditions, for example, depression, bipolar disorder, anxiety disorder, schizophrenia, PTSD
  • Missing limbs or partially missing limbs
  • Mobility impairment, benefiting from the use of a wheelchair, scooter, walker, leg brace(s) and/or other supports
  • Nervous system condition, for example, migraine headaches, Parkinson’s disease, multiple sclerosis (MS)
  • Neurodivergence, for example, attention-deficit/hyperactivity disorder (ADHD), autism spectrum disorder, dyslexia, dyspraxia, other learning disabilities
  • Partial or complete paralysis (any cause)
  • Pulmonary or respiratory conditions, for example, tuberculosis, asthma, emphysema
  • Short stature (dwarfism)
  • Traumatic brain injury
Select...

PUBLIC BURDEN STATEMENT: According to the Paperwork Reduction Act of 1995 no persons are required to respond to a collection of information unless such collection displays a valid OMB control number. This survey should take about 5 minutes to complete.