Private Investments- Controller

Posted Yesterday
Be an Early Applicant
2 Locations
In-Office
115K-135K Annually
Senior level
Fintech • Financial Services
Investing Together
The Role
Oversee accounting and finance responsibilities for private investment portfolios, including real estate and commercial mortgage loans. Maintain general and sub-ledgers, prepare trial balances and financial statements, manage quarterly close processes, and oversee capital calls and distributions. Coordinate with third-party providers, investment teams, valuation teams, and senior management. Implement fund structures in accounting systems, produce client reports and performance metrics, and ensure timely, accurate deliverables.
Summary Generated by Built In

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)

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.

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

Skills Required

  • 5+ years of accounting experience
  • Big Four public accounting experience
  • Fund accounting experience
  • Experience preparing financial statements
  • Project management skills with strong attention to detail and ability to multitask
  • Bachelor's degree in Accounting
  • CPA designation
  • Strong written and verbal communication skills
  • Working knowledge of Microsoft Excel and Microsoft Word

Barings Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Barings and has not been reviewed or approved by Barings.

  • Retirement Support Retirement offerings include a 401(k) with company match and a pension plan, noted as uncommon in the industry. Charitable contribution matching further strengthens long-term financial support.
  • Healthcare Strength Healthcare coverage spans medical, dental, vision, life, and disability insurance with mental health benefits. FSAs and a fitness stipend broaden health and wellness support.
  • Leave & Time Off Breadth Time-off provisions cover paid vacation, sick days, holidays, and dedicated volunteer time. Parental, caregiver, and bereavement leave add depth to the leave portfolio.

Barings Insights

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The Company
HQ: Charlotte, NC
2,141 Employees
Year Founded: 1762

What We Do

Barings is a $481+ billion* global asset management firm that partners with institutional, insurance, and intermediary clients, and supports leading businesses with flexible financing solutions. The firm, a subsidiary of MassMutual, seeks to deliver excess returns by leveraging its global scale and capabilities across public and private markets in fixed income, real assets and capital solutions. Learn more at www.Barings.com.

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