Private Investments- Controller

Barings; Town of Springfield (WI); On-site; USD 115,000 - 135,000; Full time

Benefits offered by this job

Medical, Dental, Vision

401(k) with Company Match

Health Savings Account contributions

Flexible Spending Accounts

Paid Vacation & Holidays

Employee Assistance Program

Job summary

Barings, a leading global financial services firm, seeks an Associate Director level Controller in the Global Client Operations team in the US. The role oversees multiple portfolios, client reporting, and supports both internal and external clients, with exposure to Real Estate Debt and Real Estate Equity.

The ideal candidate will have broad accounting expertise and knowledge of operational best practices. The position requires 5+ years of accounting experience, Big 4 background preferred, CPA

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.

Responsibilities

• Oversee accounting fiduciary responsibility for firm’s private investments including real estate and CM loans.
• Coordinate with third party service providers.
• Maintain the general ledger and sub-ledgers.
• 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.

Skills

Accounting

Financial reporting

Project management

Communication

Education

Bachelor’s degree in Accounting

CPA designation preferred

Tools

Excel

Word

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 : 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:

Primary Responsibilities

• 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)

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