Middle Office and Accounting Analyst

About the Role

The Middle Office & Accounting Analyst supports the Man Discretionary & External Alpha Managed Accounts businesses across hedge fund and private credit products. This role will assist with Portfolio and Asset Management activities, including NAV oversight, cash management, client reporting, and Profit & Loss (PnL) analysis. The Analyst will manage day-to-day operations support and relationships with operations counterparts at clients and external counterparties.

Key Responsibilities

• Assist in the direction and administration of operations and processes for funds.
• Check and process cash management and payment processing activities, including margin calls, loan closings, drawdowns, paydowns, and interest payments.
• Ensure the quality and effectiveness of pricing governance and controls, identifying and mitigating pricing risks and documenting enhancements.
• Incorporate relevant information into investment valuations, ensuring they reflect fair value.
• Calculate Net Asset Value (NAV) of funds on a daily, weekly, and monthly basis, including accrued income and expenses.
• Provide intra-NAV estimates to Asset Managers/Clients upon request.
• Liaise with fund administrators to reconcile final fund NAVs and monitor deliverables against service levels.
• Develop and deliver client reporting, respond to client queries, and assist the wider business.
• Oversee changes to incentive/performance fees, management fees, and other fee structures.
• Manage account setup and daily reconciliation of transactions, ensuring accuracy.
• Manage service provider relationships, including fund administration, loan administration, banking, auditors, and valuation agents.
• Assist in the preparation of annual financial statements and monthly investor reports.
• Monitor risk by identifying trends and potential issues with operational controls to improve the control environment and drive efficiencies.
• Enhance processes and maintain internal policies and procedures manuals.

Requirements & Tech Stack

• Microsoft Excel
• Microsoft PowerPoint
• Microsoft Word

Qualifications

• 0-3 years of experience in accounting or audit, e.g., Real Estate Debt, Hedge Funds, Fund of Funds.
• Strong communication skills.
• Strong business knowledge.
• Ability to multitask.
• High levels of pro-activity, organization, and self-motivation.
• Team player with the ability to work collaboratively.
• Comfortable taking individual ownership.