Director of Accounting

Real Estate Investment Accounting Associate Director Charlotte, NC, United States/en-US/Barings/job/Charlotte--NC-United-States/Real-Estate-Investment-Accounting---Associate-Director_JR_001672/apply
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.

Business Unit:
Accounting Policy
Title: Real Estate Investment Accounting Associate Director

Department: Global Investment Services

Location: Charlotte, NC

Barings is a $325+ billion* 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 solutions and exceptional service. Part of MassMutual, Barings maintains a strong global presence with over 2,100 associates and offices in 18 countries. Learn more at .

1as of June 30, 2019

Job Summary

This individual will be responsible for providing and overseeing accounting and finance functions for a portion of Barings Real Estate investment funds. The ideal candidates will have accounting expertise in real estate or other alternative investment industries. Our teams consist of highly skilled CPAs who are expected to provide accurate, timely, and efficient financial reporting and performance metrics. These individuals will be responsible for the following areas:

Primary Responsibilities

• Responsible for portfolio level accounting requirements including incentive, management and acquisition fee calculations as well as consolidation and equity method accounting.
• Preparation of quarterly reports and annual audited financial statements and footnotes in accordance with generally accepted accounting principles.
• Will be responsible for performance measurement components, including the calculation of internal rates of return, time weighted returns, and any additional investor requests.
• Work closely with appropriate Property Managers to ensure accurate and timely submission of property financial data and support for quarterly reporting.
• Work closely with team to ensure and accurate and timely review of financial packages for consolidation.
• Perform some treasury functions including cash reconciliations as well as handling wire responsibilities for operating distributions, capital distributions, and capital calls.
• Work closely with upper level management from Portfolio and Asset Management to accommodate day to day informational and support requests as well as overall portfolio oversight (i.e. cash forecasting, debt financial requirements, etc.).
• Work closely with internal/external audit and tax professionals to manage the audit process and tax return preparation.
• Assist in quarterly/year-end reviews of property operations for investments in assigned fund to ensure accounting in accordance with Barings policies & procedures as well as generally accepted accounting principles.

Qualifications

• 2-4 years of public accounting experience is required, CPA desired
• Experience either in public or private industry with alternative investments, real estate preferred
• Experience in reviewing and preparing general ledgers and financial statements
• Real estate equity accounting and a strong knowledge of GAAP, including Investment Company Guide, is desired
• Knowledge of investment and partnership accounting desired
• Bachelors degree in Accounting is required
• Strong written and verbal communication skills
• Working knowledge of Excel and Word essential, Investran and MRI experience are a plus

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.
Posted 2 Days AgoFull timeJR_001672
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.