BDC Operations & SEC Reporting, Senior Associate/Associate Director

About the role

A Business Development Company (“BDC”) is a closed-end investment company that has filed an election to be treated as a BDC pursuant to the Investment Company Act of 1940. Barings LLC is the investment adviser to three BDCs: Barings BDC, Inc. (“BBDC”), Barings Private Credit Corporation (“BPCC”), and Barings Capital Investment Corporation (“BCIC”). BBDC is publicly traded on the NYSE under the ticker BBDC, while BPCC and BCIC are non-traded and private BDCs, respectively, with similar SEC and Board requirements.

The financial reporting team supports the BDCs as the liaison with the third-party fund administrator for general ledger accounting and reporting, handles all SEC filings, provides board of director meeting support, investor relations support, and day-to-day operational support. This position is responsible for supporting the timely and accurate reporting of BBDC, BPCC, and BCIC 10-Q/K filings with the SEC and assisting the Chief Accounting Officer (CAO) in the day-to-day operations of the BDCs.

The role requires an analytical individual who can prepare, process, and review information for inclusion in publicly filed documents, board meetings, and investor presentations. The position is based in Charlotte, NC, and reports to the CAO.

Responsibilities

• Responsible for month- and quarter-end close review of third-party administrator reports.
• Handle SEC reporting requirements, including Forms 10-Q, 10-K, 8-K, and proxy filings by preparing supporting schedules, related analysis, and ensuring consistency among filings.
• Ensure accurate compilation and reporting of financial data in accordance with U.S. GAAP and SEC reporting guidance.
• Support the preparation of deliverables related to earnings releases, board of director presentations, and collaborate with the BDC CFO & CAO.
• Coordinate with internal and external auditors for corporate SOX requests and walkthroughs.
• Work with external auditors during quarterly reviews, annual audits, and interim test work; manage auditors' requests and schedules to meet reporting deadlines, Board of Director meetings, and Audit Committee meetings.
• Maintain disclosure checklists, reporting calendars, supporting documentation, and appropriate controls documentation.
• Provide ad hoc support and analysis for the BDC CFO & CAO.
• Identify opportunities to automate reporting, strengthen controls, and improve data quality and reporting efficiency.

Requirements

• 3-8 years of experience in SEC reporting, financial reporting, public accounting, fund accounting, or related accounting and finance functions.
• Bachelor’s degree in Accounting, Finance, or a related discipline.
• CPA with public accounting experience preferred.
• Strong knowledge of U.S. GAAP, SEC reporting requirements, and financial statement preparation.
• Experience supporting or preparing Forms 10-Q, 10-K, 8-K, proxy statements, and related disclosures preferred.
• Experience within asset management, alternative investments, BDCs, private credit, closed-end funds, or public company reporting environments preferred.
• Advanced Excel skills and proficiency with Microsoft Office applications.
• Experience with Workiva and SEC reporting software preferred.
• Strong understanding of internal controls, SOX compliance, and external audit processes.
• Demonstrated ability to manage multiple priorities and meet recurring reporting deadlines.
• Excellent analytical, organizational, and communication skills with a strong attention to detail.

Skills

• Accounting
• Financial Statements
• Internal Controls
• SEC Reporting

Benefits

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