Title: Director, US Accounting & Reporting
Business Unit: Corporate Accounting
Location: Charlotte, NC
Job Summary
This position has overall responsibility for the timely and accurate accounting and reporting of consolidated Barings LLC and multiple U.S. subsidiaries. Position will require an analytical person with a strong understanding of U.S. GAAP. Position will also require a person with strong ability to multitask and manage 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 U.S. Controller.
Primary Responsibilities
The responsibilities of the role include, but are not limited to:
- Oversee the monthly close process, ensuring timely, accurate completion of close activities and effective coordination across global accounting teams.
- Review journal entries, account reconciliations, and supporting documentation to ensure compliance with U.S. GAAP.
- Apply technical accounting knowledge in areas including ASC 842 lease accounting, incentive compensation accounting, loan accounting, foreign currency matters, intercompany transactions, and other complex accounting topics.
- Prepare monthly flux analyses, including explanations of key variances, and present results during global month-end close discussions.
- Support monthly/quarterly financial reporting requirements, including preparation of materials for management presentations, as well as various reporting for our owners.
- Own the consolidated financial statements, as well as multiple standalone U.S. subsidiary financial statements and related footnote disclosures, ensuring accuracy, completeness, and maintaining auditable supporting documentation.
- Manage multiple U.S. GAAP financial statement audits.
- Partner effectively with external and internal auditors, Treasury, Tax, FP&A, Valuations, and other cross-functional teams to address reporting matters, audit requests, and business support needs.
- Identify, recommend, and implement opportunities to improve, automate, and streamline accounting and reporting processes, including leveraging AI-enabled tools and technologies where appropriate.
- Support business growth initiatives, including implementation efforts arising from business acquisitions.
- Manage, mentor, and develop the accounting team.
- Establish and maintain appropriate controls.
- Implementation of new accounting standards as needed.
Qualifications
- CPA with public accounting experience preferred.
- At least 8+ years of combined public/private experience in the financial services industry preferred.
- Undergraduate degree in Accounting is required; a Master’s degree in Accounting and/or previous experience in a “Big 4” public accounting firm strongly preferred.
- Proven experience in a managerial capacity is required.
- Excellent accounting and analytical skills.
- Strong written and verbal communication skills coupled with solid executive presence and the ability to establish credibility.
- Demonstrate ability to collaborate across the firm on complex projects.
- Demonstrated success in implementing accounting and financial review process improvements.
- Experience with Workiva strongly preferred.
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Requisite Skills
Additional Skills
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