Senior Fund Accountant at Barings UK Limited

Sydney, New South Wales, Australia -

Full Time

Start Date

Immediate

Expiry Date

15 Sep, 26

Salary

0.0

Posted On

17 Jun, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Fund Accounting, IFRS Reporting, Tax Compliance, Financial Consolidation, MRI Software, MS Excel, Budget Variance Analysis, Statutory Reporting, Cashflow Forecasting, Asset Management, Internal Controls, Property Accounting

Industry

Financial Services

Description

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. Barings is seeking a highly analytical individual with strong technical capability and a passion for learning to join the Barings Real Estate Australia (BREA) Finance Team. The team works collaboratively with other business units and strives to deliver quality service to all partners. Due to growth of the Australian Real Estate business, the Senior Fund Accountant will be responsible for accounting/reporting for a range of Fund and Project entities. The role will suit a candidate who is highly adaptable, thrives on problem solving, seeking a hands-on role with international and domestic exposure to different areas of the real estate, funds management and asset management business. This candidate must be a driver of positive change, with a can-do attitude and willing to contribute to building on the strengths of Barings’ organisational culture. This position is located in Sydney, Australia and reports to the Fund Controller. Primary Responsibilities Deliver accurate and timely month end management accounts and consolidated fund reporting including (but not limited to) posting journal entries, preparing account reconciliations, monthly consolidated fund financials, IFRS reporting, cost tracking and budget/project variance analysis. Review and analyse property accounting prepared by external property managers. Provide technical accounting and tax advisory for Real Estate transactions to the business on matters. Prepare quarterly unit price reporting to investors. Prepare annual statutory reports and involvement with financial audit and internal controls audit. Prepare tax calculations and workpapers including BAS, tax distributions/forecasts, tax statements and manage other tax compliance matters including land tax, GST and general tax reporting. Assist team with compliance, debt management and investment administration across allocated Funds and Project entities. Involvement in development of and system administration for accounting systems and cost management systems. Prepare proper instructions for custodians as required. Involvement in Development projects and cost accounting. Cashflow forecasting for funds/projects. Stay up to date on accounting and tax legislation changes and support the business with relevant updates and training sessions. Ensure fund operations comply with fund and corporate documentation and internal compliance obligations. Maintenance of Fund/Project accounting policies working document and continuous documentation of procedures. Contribute to process improvement initiatives in the Fund operations to ensure continual improvement to the finance team’s procedures and adoption of best practice processes. Other reporting, e.g. ABS surveys, Capex reporting, Portfolio variance reporting Adhoc tasks as required Qualifications Professional Accounting qualification eg. CA or CPA with at least 2+ years post CA/CPA qualification experience 5 + years accounting experience. Strong attention to detail. Team player. Experience with large accounting systems e.g. MRI essential. Proficiency in MS Excel (Intermediate). Prior experience with consolidation essential Funds management, financial services or property industry exposure essential. #LI-GA1 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 is a leading global asset management firm dedicated to meeting the evolving investment and capital needs of our clients. We build lasting partnerships that leverage our distinctive expertise across traditional and alternative asset classes to deliver innovative, institutional-quality solutions and service. Our team-driven culture is based on transparency, responsibility and putting our clients’ interests first. We listen to our clients to understand their needs, so that we can be a strategic advisor and long-term partner in meeting their unique investment goals. Risk management and protecting our investors’ capital over the long term is an essential component of our lasting partnerships. Barings is also committed to building long-term relationships with our associates and providing opportunities and support to help them succeed. With our expanding business and global footprint, Barings offers a wealth of opportunities for associates who share our culture, values and commitment to excellence in client service. As an organization, we believe that a diversity of perspectives and strengths is essential to meeting the evolving needs of our clients, and we are committed to attracting and retaining a talented workforce as diverse as the clients and communities that contribute to our success.

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Responsibilities

The Senior Fund Accountant is responsible for delivering accurate month-end management accounts, consolidated fund reporting, and IFRS compliance for Real Estate entities. The role also involves managing tax calculations, statutory reports, and coordinating with external property managers and custodians.