Associate, Accounts Payable

Adams Street PartnersChicago, IL
$55,000 - $80,000Onsite

About The Position

Adams Street Partners (“Adams Street”) is a global private markets investment manager that has nearly $70 billion in assets under management. The firm is 100% employee-owned, which fosters a positive and unique culture of collaboration, intellectual rigor, integrity, and a commitment to professional development. For the eighth year in a row, Adams Street was named one of Pension & Investments’ Best Places to Work in Money Management in 2025. Employees operate as a single global team, integrating the expertise of the firm’s investment professionals across five strategies: primary investments, secondary investments, growth equity, private credit, and co-investments. Adams Street is considered a private markets pioneer and was inducted into the Private Equity Hall of Fame in 2000. The firm was founded more than 50 years ago, and clients include leading public and corporate pension plans, foundations, endowments, insurance companies, registered investment advisors, and high net worth individuals worldwide. Adams Street has offices in Abu Dhabi, Austin, Beijing, Boston, Chicago, Hong Kong, London, Munich, Menlo Park, New York, Seoul, Singapore, Sydney, Tokyo and Toronto. Firmwide AUM as of December 31, 2025 was $69.9bn; does not include the more recent private credit closings or private credit leverage which may be discussed herein or is available upon request. AUM since that date is in excess of $70bn as a result of more recent fund closings. Adams Street is seeking an Associate to join the Finance team. This individual will have various responsibilities in supporting the accounting and finance activities for the Firm.

Requirements

  • College graduate, ideally with a degree in Accounting
  • Minimum of 3+ years of relevant accounting experience working in accounts payable
  • Prior experience with Concur and its products required
  • Prior experience with cash reconciliations
  • Command of Microsoft applications with advanced level in Excel
  • Working knowledge of general ledger accounting packages, preferably Intacct
  • Self-starter who can work with minimal supervision within a team environment
  • Strong organization and communication skills
  • High degree of professionalism by exercising discretion, judgement and honoring confidentiality

Responsibilities

  • Manage the Firm’s accounts payable function, including processing, reconciling, monitoring, and reviewing accounts payable,
  • Review and process expense reimbursements within firm policy,
  • Participate in daily, monthly, and quarterly accounting activities for Adams Street,
  • Process cash transactions and reconciliations.

Benefits

  • medical, dental, and vision coverage
  • a 401(k) with immediate vesting and employer match
  • profit sharing
  • flexible spending accounts (FSA)
  • paid parental leave, including adoption
  • generous paid time off
  • commuter benefits
  • employer-paid short- and long-term disability and life insurance
  • access to additional voluntary benefits
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