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Financial Operations Specialist

2 months ago


Charlotte, North Carolina, United States Barings Full time

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 Equity, Real Estate Debt, Private Equity, Funds and Co-Investments, and Private Credit. 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 fund of funds, co-investments, private equity/real assets, real estate, and private credit.
  • Work effectively with third party service providers
  • Maintain the general ledger and various sub-ledgers, where applicable
  • Prepare and review trial balances
  • Assist with 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 system
  • 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 pricing team on valuations and price analysis
  • Ad hoc reports as needed

Qualifications

  • 2+ 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, Investran experience is a plus

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