Finance Associate

RA Capital Management, LLC•Boston, MA

2d•Hybrid

About The Position

RA Capital Management is seeking a highly capable and analytically strong Finance Associate to support the firm’s corporate accounting and reporting functions within the Finance team. This role works closely with senior finance leadership, including the Finance Director and Senior Finance Associate, and partners closely with the Finance Associate to support day-to-day operations and ongoing initiatives. This position is well suited for a Finance Associate with 3–5 years of experience who has demonstrated the ability to take ownership of accounting processes and analytical workstreams, exercise sound accounting judgment, and operate effectively with limited supervision. The role is execution-focused, yet requires strong analytical skills, attention to detail, and comfort managing multiple priorities in a fast-paced environment.

Requirements

Bachelor’s degree in Accounting, Finance, or a related field required.
3–5 years of relevant accounting or finance experience, preferably within asset management, investment management, or a professional services environment.
Demonstrated experience owning accounting processes and supporting analytical workstreams.
Prior experience supporting month-end close, reconciliations, and financial reporting.
Strong understanding of accounting principles and financial operations.
Proficiency with accounting systems (e.g., QuickBooks, NetSuite).
Advanced Excel skills, including the ability to analyze and reconcile large data sets.
Candidates must be AI-forward thinkers willing to incorporate AI into their work to be more efficient and effective.
Must have experience using AI and strategically leveraging various AI tools
Ability to work a hybrid schedule at our Boston office
Must be authorized to work in the US without sponsorship

Nice To Haves

Experience with international consolidation and foreign currency translation is preferred.
Experience with expense management systems (e.g., Concur) preferred.

Responsibilities

Support day-to-day corporate accounting activities for the Management Company and related entities.
Prepare and review journal entries, account reconciliations, and supporting schedules as part of the month-end and quarter-end close processes.
Process and review Accounts Payable and Accounts Receivable activity, ensuring appropriate approvals, accurate coding, and proper documentation.
Perform monthly cash reconciliations and assist with cash reporting and analysis.
Assist in the preparation of monthly and quarterly financial reporting packages, including variance analysis and ad hoc reporting requests.
Support monthly international close by accurately recording foreign currency translations and preparing consolidated financial statements.
Conduct monthly review of fund expenses including consulting, legal, and deal expenses.
Support Board of Directors’ compensation tracking and reimbursement processing.
Review Travel & Expense reports for accuracy, policy compliance, and proper allocation.
Provide analysis of expense trends and support optimization and process improvement initiatives.
Assist with expense allocation workbooks and coordination with fund accounting partners.
Assist with state registrations and ongoing compliance requirements, including accurate tracking of city/state-level tax expenses and payments.
Support sales and use tax reporting and filings, including preparation of supporting documentation.
Assist with 1099 reporting processes in coordination with internal tax partners.
Maintain fixed asset schedules and support depreciation tracking and reporting.
Assist with vendor management activities, including onboarding documentation and data maintenance.
Take ownership of defined accounting processes or projects, identifying opportunities for improved efficiency, controls, and documentation.
Partner cross-functionally with Operations, Compliance, IT, Tax, and external vendors to resolve issues and support ongoing initiatives.
Assist the team with accounting-related inquiries from internal stakeholders across various levels of the organization.
Manage multiple workstreams simultaneously, prioritizing deliverables and meeting deadlines with limited supervision.
Support special projects and ad hoc analyses as requested by senior finance leadership.