Middle Office & Accounting Analyst

Job Description

Middle Office and Accounting Analyst | Man Group

The Tone:
This is a full-time role at Man Group, located in the US. Man Group is a global alternative investment management firm that manages over $253.6 billion in assets for sophisticated clients, powered by talent and advanced technology across various investment strategies. This position is vital for supporting the operational activities of the Man Discretionary & External Alpha Managed Accounts businesses, which encompass both hedge fund and private credit products. The Middle Office & Accounting Analyst directly contributes to the firm’s ability to pursue outperformance by ensuring accurate financial data, efficient cash management, comprehensive client reporting, and thorough profit & loss analysis, while maintaining strong relationships with clients and external partners.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: US
• Pay: $75000–$85000 yearly
• Team: Man Discretionary & External Alpha Managed Accounts businesses, supporting Portfolio and Asset Management activities
• Mission: Support the operational backbone for hedge fund and private credit products, ensuring accurate NAV, efficient cash management, and timely client reporting.
• Tech Stack: Microsoft PowerPoint, Excel, Word

What You’ll Actually Do
• Operations Administration: Assist in the direction and administration of comprehensive operations and processes for the firm’s diverse range of funds, ensuring smooth day-to-day functioning.
• Cash Management: Accurately check and process all cash management and payment activities, which includes critical tasks such as managing margin calls, overseeing loan closings, handling drawdowns, processing paydowns, and reconciling interest payments.
• Valuation Oversight: Ensure the quality and effectiveness of pricing governance and controls are rigorously maintained, actively identifying and mitigating pricing risks, and communicating/documenting any enhancements to the valuation framework to reflect fair value.
• NAV Calculation & Reconciliation: Calculate the Net Asset Value (NAV) of funds on a daily, weekly, and monthly basis, thoroughly checking accrued income and expenses, and providing intra-NAV estimates to Asset Managers or clients upon request, then liaising with fund administrators to reconcile final NAVs against service levels.
• Client & Service Provider Relations: Work collaboratively to develop and deliver client reporting, promptly respond to client queries, and actively manage essential service provider relationships including fund administration, loan administration, banking partners, auditors, and valuation agents.

The Must-Haves
• Background: Entry-Level professional with an accounting or audit background.
• Experience: 0-3 years of experience in accounting or audit, specifically in areas such as Real Estate Debt, Hedge Funds, or Fund of Funds.
• Skills: Excellent proficiency in Microsoft Office (PowerPoint, Excel, Word), strong communication skills, solid business knowledge, and the ability to multitask effectively.
• Bonus: A proactive, organized, and self-motivated approach, coupled with a collaborative team player mindset who is also comfortable taking individual ownership.