BDC Operations & SEC Reporting, Senior Associate/Associate Director

Barings LLC; Charlotte (NC); On-site; USD 90,000 - 150,000; Full time

Benefits offered by this job

Medical Coverage

401(k) Match

Paid Time Off

Education Assistance

Commuter Reimbursement

Employee Assistance Program

Job summary

Barings is seeking a Senior Associate or Associate Director to support the BDC complex in Charlotte, NC. The role focuses on timely, accurate SEC reporting, coordination with the CFO/CAO, and interaction with external auditors.

You will manage 10-Q/10-K filings, maintain control documentation, and assist in quarterly reviews and annual audits, while ensuring compliance with US GAAP and reporting deadlines.

Qualifications

• 3-8 years of SEC reporting, financial reporting or related accounting experience.
• Bachelor's degree in Accounting, Finance or related field; CPA preferred.
• Strong knowledge of US GAAP and SEC reporting requirements.
• Experience with 10-Q/10-K/8-K filings and related disclosures preferred.

Responsibilities

• Lead month- and quarter-end close and prepare SEC filings.
• Support Form 10-Q, 10-K, 8-K and proxy statement disclosures.
• Coordinate with external auditors for SOX requests and audits.
• Prepare schedules and analyses for board materials and investor presentations.
• Maintain disclosure checklists, calendars and internal controls documentation.

Skills

Accounting Knowledge

SEC Reporting

Financial Analysis

Internal Controls

Excel Proficiency

Communication Skills

Education

Bachelor's degree in Accounting/Finance

CPA designation

Tools

Workiva

Microsoft 365

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: BDC Operations & SEC Reporting Corporate

Title: Senior Associate or Associate Director Business Unit: Barings BDC Complex Location: Charlotte, NC

Job Summary

A Business Development Company (“BDC”) is a closed-end investment company that has filed an election to be treated as a BDC pursuant to the Investment Company Act of 1940. All BDCs, both public and private must file annual reports on Form 10-K, quarterly reports on Form 10-Q, and current reports on Form 8-K as well as proxy statements. Currently, Barings LLC is the investment adviser to three BDCs, Barings BDC, Inc. (“BBDC”), Barings Private Credit Corporation (“BPCC”) and Barings Capital Investment Corporation (“BCIC”). BBDC is publicly traded on the NYSE under the ticker BBDC, BPCC is a non-traded perpetual BDC and BCIC is a private BDC. Both BPCC and BCIC are not listed but still have similar SEC and Board requirements. The financial reporting team that supports the BDCs is the liaison with our third-party fund administrator for general ledger accounting and reporting, responsible for all SEC filings, board of director meetings support, investor relations support, day-to-day operational support and other ad hoc information to support the BDCs’ Chief Financial Officer (“CFO”) & Chief Accounting Officer (“CAO”). This position is responsible for supporting the timely and accurate reporting of BBDC, BPCC and BCIC 10-Q/K with the SEC and support the CAO in the day-to-day operations of the BDCs. Position will require an analytical person who can prepare, process and review information for the inclusion in publicly filed documents with the SEC, board of director meetings and investor presentations. Position will also require a person with strong ability to multitask and juggle different work activities and shift attention from one task to another. The position will reside in our corporate headquarters in Charlotte, NC, reporting to the CAO.

Primary Responsibilities

• Responsible for month- and quarter-end close review of third party administrator reports.
• Responsible for SEC reporting requirements including Forms 10-Q, 10-K, 8-K and proxy filings by preparing supporting schedules and related analysis and ensuring consistency among the SEC filings.
• Ensure the accurate compilation and reporting of financial data in accordance with US GAAP and SEC reporting guidance.
• Support the preparation of deliverables related to the earnings release, board of director presentations and working cooperatively with BDC CFO & CAO.
• Coordinate with internal and external auditors for corporate SOX requests and walkthroughs.
• Work with external auditors during quarterly reviews, annual audits and interim test work.
• Assist in managing external auditors' requests and schedules in order to complete quarterly reviews and annual audits in accordance with reporting deadlines, Board of Director meetings, Audit Committee meetings, etc.
• Maintain disclosure checklists, reporting calendars, supporting documentation, and appropriate controls documentation.
• Ad hoc support and analysis for BDC CFO & CAO.
• Identify opportunities to automate reporting, strengthen controls, and improve data quality and reporting efficiency.

Qualifications

• 3-8 years of experience in SEC reporting, financial reporting, public accounting, fund accounting, or related accounting and finance functions.
• Bachelor's degree in Accounting, Finance, or a related discipline.
• CPA with public accounting experience preferred.
• Strong knowledge of U.S. GAAP, SEC reporting requirements, and financial statement preparation.
• Experience supporting or preparing Forms 10-Q, 10-K, 8-K, proxy statements, and related disclosures preferred.
• Experience within asset management, alternative investments, BDCs, private credit, closed-end funds, or public company reporting environments preferred.
• Advanced Excel skills and proficiency with Microsoft Office applications.
• Experience with Workiva and SEC reporting software preferred.
• Strong understanding of internal controls, SOX compliance, and external audit processes.
• Demonstrated ability to manage multiple priorities and meet recurring reporting deadlines.
• Excellent analytical, organizational, and communication skills with a strong attention to detail.

Requisite Skills

Accounting, Financial Statements, Internal Controls, SEC Reporting

Additional Skills

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

Barings is a leading global asset management firm dedicated to meeting the evolving investment and capital needs of our clients. We build lasting partnerships that leverage our distinctive expertise across traditional and alternative asset classes to deliver innovative, institutional-quality solutions and service. Our team-driven culture is based on transparency, responsibility and putting our clients’ interests first. We listen to our clients to understand their needs, so that we can be a strategic advisor and long-term partner in meeting their unique investment goals. Risk management and protecting our investors’ capital over the long term is an essential component of our lasting partnerships. Barings is also committed to building long-term relationships with our associates and providing opportunities and support to help them succeed. With our expanding business and global footprint, Barings offers a wealth of opportunities for associates who share our culture, values and commitment to excellence in client service. As an organization, we believe that a diversity of perspectives and strengths is essential to meeting the evolving needs of our clients, and we are committed to attracting and retaining a talented workforce as diverse as the clients and communities that contribute to our success.