U.S. Tax Associate

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: Associate, US Tax

Business Unit: Corporate Accounting

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 a detail-oriented and analytical Tax Associate to join our in-house global tax team.  This position will support federal and state income tax compliance, with a specialized focus on Form 1065, U.S. Return of Partnership Income.  In this position, you will also gain exposure to complex investment fund structures, capital allocations, and transaction modeling.  The position will reside in our corporate headquarters in Charlotte, NC, reporting to the Director of U.S. Tax.

Primary Responsibilities

The responsibilities of the role include, but are not limited to:

• Management company Form 1065 preparation support, including assistance with state tax filings
• Partner capital account maintenance and basis calculations support
• Calculation of management company quarterly taxable income estimates and tax distributions support
• Federal and state tax law research
• Quarterly ASC740 reporting for fund structures
• Collection and reconciliation of portfolio companies Schedules K-1
• Tax notice support for the management company and funds
• FATCA/CRS reporting and related tax operations support for funds
• Use tax and property tax filings for the management company
• Partner effectively with external and internal auditors, Accounting. Treasury, Product Management, Legal, FP&A, and other teams across the enterprise
• Identify, recommend, and implement opportunities to improve, automate, and streamline tax processes, including leveraging AI-enabled tools and technologies where appropriate

Qualifications

• CPA (or CPA candidate) with at least 2+ years of relevant experience in public accounting or financial services
• Undergraduate degree in Accounting, Finance or related discipline is required; a Master’s degree in Accounting and/or previous experience in public accounting strongly preferred
• Excellent accounting and analytical skills
• Strong written and verbal communication skills
• Demonstrate ability to collaborate across teams on complex projects
• Experience with CorpTax preferred.

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