Adams Street Partners
Associate, Accounts Payable
Chicago, Illinois, United States
Sponsorship not specified$60k-$80kDetected 27 days ago
AccountingExcelCommunicationCollaborationMicrosoft OfficeAccounts Payable
About the role
- 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.
- Adams Street is considered a private markets pioneer and was inducted into the Private Equity Hall of Fame in 2000.
Responsibilities
- Manage the legal invoice process within the Management Company Finance function, including invoice review, coding, approvals, processing, tracking, reconciliations, and related follow-up.
- Coordinate with Legal, Finance, internal business partners, outside counsel, and legal service providers to resolve invoice, coding, documentation, payment status, and vendor-related questions.
- Maintain accurate legal spend records, invoice trackers, vendor information, matter-level details, and related reporting files.
- Support the Firm's accounts payable function, with emphasis on legal-related expenses, including invoice processing, expense review, payment documentation, reconciliations, and approval support.
- Support process improvements for legal invoice workflows, approval routing, coding, documentation, tracking, reporting, and vendor communication.
- Perform other ad hoc finance, accounts payable, legal invoice, and operational projects as assigned.
- Adams Street Partners' methodology to calculate Assets Under Management (AUM) is based on fund net asset value (NAV), plus unfunded commitments, plus leverage, but excluding the effect of subscription lines of credit.
Requirements
- Working knowledge of accounts payable processes, invoice coding, approval workflows, reconciliations, expense review, and supporting documentation standards.
- Strong Microsoft Office skills, including advanced Excel proficiency.
Nice to have
- College graduate
- coursework or degree in accounting, finance, business, legal studies, or a related field preferred.
- Prior experience with Concur required
- experience with legal billing, matter management, invoice management tools, and/or Intacct preferred.
Compensation
- Support the annual insurance renewal process and assist the Firm with related requests, documentation, and follow-up.
Benefits
- package designed to support health, financial security, and work-life balance.
- Highlights include medical, dental, and vision coverage; a 401(k) with immediate vesting and employer match; profit sharing; flexible spending accounts (FSA); and paid parental leave, including adoption.
- Employees also receive generous paid time off, commuter benefits, employer-paid short- and long-term disability and life insurance, and access to additional voluntary benefits.
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This listing is sourced directly from Adams Street Partners's careers page and normalized into a canonical job model.