Accounts Payable Associate or Senior Associate

Title: Accounts Payable Senior Associate

Location: Los Angeles, CA

Details: 2 days per week in office

About Kayne Anderson

Kayne Anderson, founded in 1984, is a leading alternative investment management firm focused on real estate, credit, infrastructure, and energy. With a team defined by an entrepreneurial and resilient culture, Kayne Anderson’s investment philosophy is to pursue cash flow-oriented niche strategies where knowledge and sourcing advantages enable us to deliver above average, risk-adjusted investment returns. As responsible stewards of capital, Kayne Anderson’s philosophy extends to promoting responsible investment practices and sustainable business practices to create long-term value for our investors. Kayne manages $39 billion in assets (as of 9/30/2025) for institutional investors, family offices, high net worth and retail clients and employs 350 professionals.

Requirements

General Position Responsibilities:

• Review and process vendor invoices for management companies, remote offices, and fund-level entities, ensuring compliance with company policies and contractual terms, accurate allocation coding, proper supporting documentation, and approvals.
• Prepare and execute payments through ACH, wire transfer, and check while ensuring compliance with internal controls, accuracy, approvals, and payment deadlines are met.
• Monitor and maintain AP aging report within established payment terms while effectively managing AP inboxes to support accurate cash flow planning, streamline communication, and payment deadlines.
• Assist with the administration of the employee expense reimbursement program including the review, audit, and processing of expense reports in accordance with company T&E policies and internal controls.
• Maintain and update vendor master data, including onboarding and validation of required information such as but not limited to banking instructions, payment terms, and tax documentation.
• Support the monthly, quarterly, and annual close processes through the preparation of accruals, reconciliations, and recording of expenses.
• Maintain strong relationships with vendors and cross-functional teams to ensure effective communication on all general correspondence, issues, and payment related inquiries in a timely manner.
• Collaborate and review with the offshore team for all AP related activities to ensure accurate, timely, & compliant execution of AP processes.
• Collaborate with functional departments and investment teams to assist in the expense allocation and approval process.
• Maintain accurate records and documentation in accordance with policies, procedures, and support operational needs.
• Assist with 1099 reporting and annual tax filing requirements by reviewing vendor records, validating tax documentation, and ensuring accurate reporting.
• Support external audits by preparing and providing requested documentation, reports, and information to ensure timely and accurate audit completion.
• Identify process improvements and support continuous initiatives that enhance efficiency, strengthen controls, and support automation efforts across the AP function.

Qualifications & Experience:

• Bachelor's degree required
• Minimum of 5 years of Accounts Payable experience (preferably in financial industry/alternative investment management)
• Excellent organizational and time management skills with the ability to manage workload and meet deadlines.
• Strong understanding of AP processes, functions, and internal controls.
• High level of accuracy, attention to detail, and commitment to data integrity.
• Strong interpersonal and communication skills with the ability to build credibility and positive working relationships across all levels of the organization, coupled with a collaborative mindset, positive attitude, and strong work ethic.
• Ability to work independently and as part of a team in a dynamic environment.
• Experience working with ERP systems and invoice workflow automation tools (Power Automate, Concur, Microsoft Dynamics 365 (D365) is a plus).
• Proficient in Microsoft Office Suite.

Benefits

• Competitive medical, dental, and vision insurance
• Flexible spending accounts (dependent care, healthcare, limited purpose FSA)
• Accident and Critical Illness insurance
• Long Term Disability insurance
• Competitive 401(k) benefits
• Pet healthcare savings program
• Member’s Only Healthcare - healthcare navigation
• WellHub - corporate wellness platform
• $10,000 lifetime reimbursement for family forming services (e.g. IVF, adoption, surrogacy)
• Rocket Lawyer legal benefits
• Reimbursement of professional society memberships and exam fees
• Up to $10,000 matching annually for contributions to qualified non-for-profit organizations
• Parental leave
• Compensation: The salary range for this position is $75,000 - $90,000, plus annual discretionary bonus, depending on experience

Employment with the company is contingent on the applicant being able to provide proof of eligibility to work in the United States at the time of hire.

Kayne Anderson is an equal opportunity employer. All aspects of employment, including the decision to hire, promote, discipline, or discharge, will be based on merit, competence, performance, and business needs. We do not discriminate on the basis of race, color, religion, marital status, age, national origin, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local law.

Qualified applicants with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers, the City of Los Angeles Fair Chance Initiative for Hiring, and the California Fair Chance Act.