Private Investments- Controller

Barings LLC; Charlotte (NC); On-site; USD 115,000 - 135,000; Full time

Benefits offered by this job

Medical coverage

Fitness Center Reimbursement

Employee Assistance Program

401(k) with company match

HSA with company contributions

FSA - Health Care & Dependent Care

Life insurance

Job summary

Barings LLC is seeking a motivated Associate Director for Global Client Operations in Charlotte, NC or Springfield, MA. The role oversees fiduciary accounting for private investments, coordinates with third-party providers, and ensures timely client reporting.

Strong accounting, fund experience, and multi-tasking skills are essential. Ideal candidates have 5+ years of accounting, CPA preferred, and excellent communication.

Qualifications

• 5+ years of accounting experience (Big 4 public accounting preferred).
• Experience in fund accounting and preparation of financial statements is preferred.
• Project management skills with attention to detail and proven ability to multi-task

Responsibilities

• Oversee accounting fiduciary responsibility over private investments including real estate and commercial mortgage loans.
• Work effectively with third party service providers
• Maintain the general ledger and sub-ledgers as applicable
• Prepare and review trial balances
• Perform the quarterly close process
• Manage and monitor the timing and quality of client deliverables
• Produce client reports and account-level financial performance metrics
• Interact with senior management, portfolio management and investment analysts

Skills

Accounting

Fund accounting

Financial reporting

Project management

Communication

Excel

Word

Education

Bachelor's degree in Accounting

CPA designation preferred

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.

Title: Private Investments –Controller

Business Unit: Global Private Platform Delivery

Location: Charlotte, NC or Springfield, MA

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 majority-owned 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 may at times support multiple assets classes under the private investment platform, which includes Real Estate Debt and Real Estate Equity. The ideal candidates will have broad accounting expertise as well as be knowledgeable of operational best practices. 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:

• Perform accounting and finance fiduciary responsibility over firm’s private investments including real estate and commercial mortgage loans.
• Work effectively with third party service providers
• 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
• Implementation of fund structures on accounting systems
• 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
• Interact with valuation team
• Ad hoc reports as needed

Qualifications

• 5+ years of accounting experience (Big 4 public accounting preferred)
• Experience in 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)
• Strong written and verbal communication skills
• Working knowledge of Excel and Word essential

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

Requisite Skills 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.

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.