Revenue Accounting Associate

Barings - Charlotte, NC

Full-time - Entry Level

Charlotte, NC

Sporting Goods, Hobby, Musical Instrument, Book, and Miscellaneous Retailers

About the position

The Revenue Accounting Associate at Barings is responsible for managing and analyzing revenue calculations for a significant volume of portfolios. This role involves setting up and performing calculations using the revenue system, managing invoicing, and reporting results to key stakeholders. The position requires strong multitasking abilities and collaboration with various business units to ensure accurate financial reporting and compliance with regulations.

Responsibilities

• Analyze client investment management agreements to determine management fee rates and corresponding fee calculations for public funds.
• Work closely with other business units to obtain valuations for monthly revenue close postings and quarterly invoicing of clients.
• Perform monthly variance analysis and research discrepancies to ensure accuracy.
• Research and determine proper posting of client cash receipts.
• Perform various ad-hoc requests and reporting as needed.
• Provide deliverables for SOX Reporting and financial audit.
• Analyze team controls and efficiencies, providing recommendations where necessary.
• Maintain proper data and records within the revenue system, ensuring that static data is well maintained, accurate, and useful.
• Fulfill additional, relevant tasks appropriate to the role and business requirements.

Requirements

• Bachelor's degree in Finance or Accounting is preferred.
• 1-2 years of experience in an accounting environment or internship.
• Financial Services experience is a plus.
• Workday experience preferred.
• Proficiency with Excel and working with large data sets.
• Strong written and communication skills.
• Ability to work independently and multitask.

Nice-to-haves

• Experience in financial services industry.
• Familiarity with revenue accounting processes.

Benefits

• 401(k) matching
• Caregiver leave
• Dental insurance
• Disability insurance
• Employee assistance program
• Flexible spending account
• Gym membership
• Medical (including Virtual Care)
• Prescription coverage
• Vision coverage
• Fertility benefits
• Paid vacation and sick days
• Paid leave of absences (Maternity Leave, Parental Leave, Caregiver Leave, Bereavement Time)
• Short and Long Term Disability Plans
• Paid Volunteer Time
• Education Assistance Program
• Charitable Matching Gifts Program
• Commuter Reimbursement Program
• Adoption and Surrogacy Reimbursement Program