Assistant Controller, Investment Accounting

NACBA; Charlotte, Northern (NC, KY); Hybrid; USD 115,000 - 135,000; Full time

Benefits offered by this job

Medical, Dental, Vision Coverage

401(k) Plan with Match

Paid Vacation and Holidays

Job summary

Barings, a leading global financial services firm, seeks an Associate Director to oversee accounting for private real estate investments within Global Client Operations. You will supervise portfolios, client reporting and coordination with internal teams to deliver timely, accurate results.

The ideal candidate has 5+ years of accounting experience (Big 4 preferred) and knowledge of real estate fund accounting; CPA is a plus. Base salary ranges from $115,000 to $135,000 plus incentive programs.

Qualifications

• 5+ years of accounting experience (Big 4 public accounting preferred).
• Experience in real estate fund accounting and preparation of financial statements is preferred.
• Project management skills with attention to detail and proven ability to multi-task.
• Bachelor's degree in Accounting (CPA designation preferred).
• Ability to manage associates.
• Strong written and verbal communication skills.
• Working knowledge of Excel and Word; Investran and MRI experience is a plus.

Responsibilities

• Perform accounting and fiduciary oversight over firm's private investments in real estate.
• Review and maintain partnership waterfalls for JV and Fund level entities.
• Maintain the general ledger and various sub-ledgers, where applicable.
• Prepare and review trial balances.
• Perform the quarterly close process.
• Manage and monitor the timing and quality of client deliverables.
• Manage workflow for capital calls and distributions.
• Work closely with investment teams.
• Production of client reports (month/quarterly cycles).
• Produce account level financial performance metrics.
• Interact with senior management, portfolio management team and investment analysts.
• Proactively communicate and coordinate with various internal groups.
• Ad hoc reports as needed.

Skills

Accounting

Communication skills

Project management

Leadership

Education

Bachelor's degree in Accounting

Tools

Investran

MRI

Job description

At Barings, we are as invested in our associates as we are in our clients. We recognize those who work diligently for us and reward them for personal and professional integrity, communication skills, distinct competencies and expertise in specific strategies, ability to collaborate as a team member and true dedication to the interests of our clients.

We thank you for your interest in joining the Barings team, and invite you to explore our current employment opportunities.

Title: Assistant Controller, Investment Accounting

Business Unit: Global Client Operations

Location: Charlotte, NC/ Springfield, MA / Boston, MA / Chicago, IL

Barings is a leading global financial services firm dedicated to meeting the evolving investment and capital needs of our clients and customers. Through active asset management and direct origination, we provide innovative solutions and access to differentiated opportunities across public and private capital markets. A subsidiary of MassMutual, Barings maintains a strong global presence with business and investment professionals located across North America, Europe and Asia Pacific.

Job Summary

Barings' Global Client Operations team has an Associate Director level opening for a motivated individual who would like to join our team of financial professionals. This individual will be responsible for oversight of multiple portfolios, client reporting and providing support to both internal and external clients. The candidate will support the Real Estate Equity group under the private investment platform. The ideal candidates will have broad accounting expertise as well as be knowledgeable of operational best practices in Real Estate Equity. Our teams consist of highly skilled CPAs, MBAs, and CFAs who are expected to provide accurate, timely, and efficient services. This individual will be responsible for the following areas:

Primary Responsibilities

• Perform accounting and finance fiduciary responsibility over firm's private investments in real estate.
• Review and maintain partnership waterfalls for JV and Fund level entities
• Maintain the general ledger and various sub-ledgers, where applicable
• Prepare and review trial balances
• Perform the quarterly close process
• Manage and monitor the timing and quality of client deliverables
• Manage workflow for capital calls and distributions
• Work closely with investment teams
• Production of client reports (month/quarterly cycles)
• Produce account level financial performance metrics
• Interact with senior management, portfolio management team and investment analysts
• Proactively communicate and coordinate with various internal groups
• Ad hoc reports as needed

Qualifications

• 5+ years of accounting experience (Big 4 public accounting preferred)
• Experience in real estate fund accounting and preparation of financial statements is preferred.
• Project management skills with attention to detail and proven ability to multi-task
• Bachelor's degree in Accounting (CPA designation preferred)
• Ability to manage associates
• Strong written and verbal communication skills
• Working knowledge of Excel and Word are essential, Investran and MRI experience is a plus

Base Salary Range: $115,000- $135,000 (also includes additional incentive compensation programs)

Barings is an Equal Employment Opportunity employer; Minority/Female/Age/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply.

Barings offers a comprehensive benefits package including:

CORE BENEFITS & WELLNESS

• Medical (including Virtual Care), Prescription, Dental, and Vision Coverage
• Fitness Center Reimbursement Program (Including Online Memberships)
• Employee Assistance Program (EAP)
• Fertility Benefits

FINANCIAL WELL-BEING

• Highly competitive 401(k) Plan with Company Match
• Health Savings Account (HSA) with Company Contributions
• Flexible Spending Accounts (FSA) - Health Care & Dependent Care
• Retirement Health Reimbursement Account

LIFE INSURANCE

• Basic and Supplemental Life Insurance
• Spouse and Child Life Insurance

TIME OFF, DISABILITY AND LEAVE OF ABSENCE

• Paid Vacation, Sick Days and Annual Holidays
• Paid Leave of Absences (Maternity Leave, Parental Leave, Caregiver Leave, Bereavement Time)
• Short and Long Term Disability Plans
• Paid Volunteer Time

OTHER BENEFITS

• Education Assistance Program
• Charitable Matching Gifts Program
• Commuter Reimbursement Program
• Adoption and Surrogacy Reimbursement Program