Revenue & Rebate Analyst

Revenue & Rebate Analyst Business Unit: Corporate Accounting Location: Charlotte, NC Job Summary: We are seeking a motivated Revenue & Rebate Analyst to join our Global Financial Revenue team, filling a role previously held by a retiring senior team member. This position is tailored for a mid-level professional (Senior Associate / Associate Director level) who will oversee fee billing (revenue) and rebate processes and related accounting tasks. The role requires a qualified accountant (or a candidate with an academic background in accounting, finance, or mathematics) comfortable with preparing journal entries, reviewing complex financial calculations, and leveraging technology (Power Query, databases, and AI tools) to automate and improve manual processes. The successful candidate will combine strong technical accounting skills with an innovative, process‑improvement mindset, ensuring accuracy in revenue reporting and AUM analytics, and contributing to the continuous enhancement of our financial systems and workflows. 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: Calculate and process 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: Perform detailed financial analysis to review 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: Prepare and review journal entries related to revenue recognition and fee accruals, including both routine monthly entries and adjusting entries needed 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: Identify opportunities to streamline and automate finance processes to reduce manual work and improve accuracy. Leverage tools such as Advanced Excel, Power Query, Power BI, or SQL databases for data processing and reporting, and explore the use of AI or advanced analytics to enhance efficiency. Systems Management (Envestnet & Data Feeds): Serve as a key user and administrator of the revenue management systems (Envestnet Revenue Manager) to ensure data integrity and effective operation of billing processes. Maintain static data in these systems (such as fee rates, client details, and mappings) and monitor data feeds from internal systems. Documentation & Control: Develop and update comprehensive process documentation, including process flows, checklists, and standard operating procedures for revenue and rebate tasks. Ensure that all key activities have robust internal controls and audit trails in place, continually enhancing controls and audit checks. Cross‑Functional Collaboration: Work closely with teams across the firm – Financial Accounting, Investor Relations, Technology (IT), Risk, and Compliance – to support firm‑wide initiatives and data needs. Continuous Learning & Support: Stay updated on new tools and best practices in financial reporting; pursue training such as Power BI “Super User” training. Mentor junior team members and contribute to a collaborative, inclusive team environment. Qualifications Education & Background: Bachelor’s degree in accounting, finance, mathematics, or a related field. Solid understanding of fundamental accounting principles and financial statements. Professional Experience: Approximately 3+ years in finance, accounting, or financial reporting role; experience with fee billing, revenue accounting, or asset management operations is advantageous. Technical Skills: Advanced proficiency in Microsoft Excel, data analysis, tables, and complex formulas; experience with Power Query and SQL databases; familiarity with Power BI or Amazon QuickSight; hands‑on experience with revenue management systems such as Envestnet Revenue Manager. Analytical & Problem‑Solving: Exceptional analytical skills, methodical approach to troubleshooting data discrepancies and resolving process issues. Communication & Collaboration: Excellent written and verbal communication skills; ability to translate technical or data‑related issues to non‑technical colleagues. Initiative & Adaptability: Self‑starter with proactive mindset toward process improvement; willingness to embrace new technologies and adapt to system changes. Professional Certification: Chartered Accountant or equivalent certification (CPA, ACCA, CIMA) strongly preferred, or significant progress toward such certification. Industry Experience: Experience in the asset management or financial services industry, dealing with fee billing, investment management fees, rebates, or AUM reporting. Systems & Tools: Direct working experience with Envestnet Revenue Manager, Revport, Workday Financials, Aladdin, etc.; exposure to Power BI or Amazon QuickSight. Process Improvement Track Record: Demonstrated history of streamlining processes or implementing automation in a previous role. Equal Employment Opportunity 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. Benefits 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. #J-18808-Ljbffr Barings LLC