Barings is a $409+ billion* 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
The Corporate Treasury team is seeking an Analyst / Associate to assist with daily, weekly and monthly cash and Treasury processes, reporting and analysis.
Primary Responsibilities
- Daily upload, posting, reconciliation and clearing of bank accounts and investment transactions
- Support client income team and others to assist in identifying and applying cash daily and ensure unapplied cash is cleared from suspense accounts each day
- Assist Accounts Payable team with questions regarding returned or outstanding items
- Process daily electronic payments
- Optimize cash management and short-term investments across the European hierarchy and work with US Treasury team to perform currency conversions as needed
- Prepare weekly cash flow roll forward (cause of change) required for internal reporting
- Monthly close postings and bank account reconciliations
- Monthly review and reporting of cash and investment positions and activity
- Assist with accounting for GILT Investment portfolio monthly
- Support the development of the short-term cash forecast process. Work with forecast team to ensure data accuracy and perform actual vs. forecast analysis for continued improvement.
- Annual FBAR (Foreign Bank Account Reporting) process
- Provide financial audit support and prepare materials for Committee meetings
- Provide analytical support across various treasury functions/special projects as needed
- Project support of newly acquired or merged entities from a cash management perspective (collects KYC documents, acquire general ledger account numbers, etc.)
Qualifications
- Bachelor’s degree in Accounting or Finance required
- 0-3 years’ experience
- Degree of proficiency in MS Office Suite
- Strong analytical, prioritizing, interpersonal, problem solving, & planning skills
- Demonstrative collaborative skills and ability to work well in a team environment
- Strong written and oral communication skills
- Organized – able to manage multiple tasks/topics simultaneously
- Ability to drive projects to completion and coordinate resources
- Self-starter – require minimal supervision
- Workday experience (preferred)
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.
