Senior Associate, Corporate Accounting Policy & Consolidation Determinations
Barings · Charlotte, NC · 1 mo ago
SalesFull-time
About the role
This position plays a key role in the company’s corporate Accounting Policy Team within the Global Controller’s Group. The Accounting Policy Team is responsible for researching and documenting conclusions on proposed transactions, evaluating and implementing new accounting pronouncements, maintaining the global internal accounting policies as well as providing support to the corporate operational accounting teams.
Responsibilities
- Lead proposed transactions through parent company’s approval process, including coordination with internal stakeholders, scheduling presentations, and active management of timelines, follow-ups, and deliverables to keep reviews on track;
- Document preliminary accounting treatment for new special purpose entities;
- Initiate, monitor and document the consolidation triggering event process;
- Provide regular communication on the status of monthly and quarterly consolidation changes to the Corporate Investment Team;
- Complete all consolidation determination analysis by leveraging appropriate determination templates as well as legal documents and investment reports;
- Evaluate AI-enabled tools to enhance efficiency, research, documentation, and process improvement, while maintaining appropriate review and professional judgment;
- Assist with preparation of annual Going Concern, non-GAAP, Goodwill & Intangibles Impairment memos;
- Assist with annual consolidated financial statement disclosure review;
- Lead or assist with special projects, as assigned.
Qualifications
- Bachelor's degree in accounting or finance preferred;
- 4+ years relevant accounting experience (CPA or on track) with public accounting experience strongly preferred;
- Prior experience in financial services, particularly in investment accounting is strongly preferred;
- Knowledge of US GAAP, specifically investment accounting (ASC 320, ASC 321, ASC 323, ASC 326 and ASC 810), business combinations (ASC 805);
- Able to handle multiple priorities and deadlines; excellent time management skills;
- Self-motivated – able to work independently as well as part of a broader team;
- Strong interpersonal skills – able to build effective working relationships and communicate effectively across company locations and organizational lines;
- Proficiency with Microsoft Office applications, with emphasis on Excel;
- Adaptable and comfortable working through changing priorities, evolving processes, and time-sensitive business needs.
Requisite Skills
- Barings is an Equal Employment Opportunity employer;
- Minority/Female/Age/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran.