Director, Revenue & Rebate Accountant

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: Director, Revenue & Rebate Accountant

Business Unit: Corporate Accounting (Global Revenue & AUM Team)

Location: Charlotte, NC

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 subsidiary of MassMutual, Barings maintains a strong global presence with business and investment professionals located across North America, Europe, and Asia Pacific.

Job Summary

We are seeking an experienced Revenue & Rebate Accounting professional to join the Global Revenue and AUM team. This role will take ownership of key revenue billing, rebate, accounting close, control, and reporting activities across multiple legal entities, with responsibility for ensuring accuracy, timeliness, auditability, and continuous improvement across the end-to-end process.

The role is suited to an experienced candidate who can operate with autonomy, apply strong technical accounting judgement, review and challenge complex fee and AUM calculations, and partner effectively with senior stakeholders across Finance, Technology, Risk, Compliance, Client Services, and Investment Operations.

In addition to managing recurring revenue and rebate deliverables, the role will be expected to lead process improvement, strengthen controls, maintain robust documentation, and help drive further automation across the team using tools such as Excel, Power Query, Power BI, SQL, workflow solutions, and emerging AI-enabled capabilities.

This is a hands-on senior individual contributor role requiring ownership, judgement, technical depth, and the ability to influence across functions.

Primary Responsibilities

• Revenue Billing & Invoicing: Manage all aspects of the fee billing process, including preparing and issuing client fee invoices (management fees, performance fees, etc.) and ensuring timely debtor follow-ups. Oversee the calculation and posting of month-end revenue accruals and related journal entries for multiple legal entities, ensuring accuracy and compliance with accounting standards.
• Rebate Management: Lead the calculation, review, governance, and processing of rebates to intermediaries or clients with precision and timeliness. Maintain rebate schedules, ensure payments are made promptly and accurately, and confirm that rebate calculations align with contractual terms and fee agreements. Act as a key contact for resolving any fee or rebate-related inquiries from internal teams or external partners.
• Financial Analysis & Complex Calculations: Review, challenge, and explain complex fee calculations and AUM movements. Validate revenue share calculations, management fee computations, and AUM flow reconciliations for accuracy. Investigate and explain variances in revenue and AUM reports, ensuring that results are well-reasoned and any discrepancies are addressed promptly.
• Journal Entries & Accounting Close: Own and oversee all aspects of journal entries related to revenue recognition and fee accruals, including routine monthly entries and adjusting entries required for revenue corrections. Ensure all entries are appropriately documented and posted into the General Ledger (Workday) in line with the financial close timetable. Reconcile revenue accounts and verify that revenue and rebate transactions are correctly recorded to support accurate financial statements.
• Process Improvement & Automation: Lead initiatives to streamline and automate finance processes to reduce manual work and improve accuracy. This includes leveraging tools such as advanced Excel, Power Query, Power BI, or SQL databases for data processing and reporting, as well as exploring the use of AI or advanced analytics to enhance efficiency in data reconciliation and report generation. For example, the team has implemented automated AUM and revenue reporting solutions (Power BI dashboards and an upgraded revenue management system) to replace manual spreadsheets. The role will be required to continue driving such innovation.
• Systems Management (Envestnet & Data Feeds): Act as a key finance owner and senior business user of