Middle Office and Accounting Analyst

About the Role

The Middle Office & Accounting Analyst supports the Man Discretionary & External Alpha Managed Accounts businesses, focusing on hedge fund and private credit products. This role will contribute to portfolio and asset management activities, with responsibilities including NAV oversight, cash management, client reporting, and Profit & Loss (PnL) analysis. The Analyst will manage day-to-day operations and client relationships.

Key Responsibilities

• Assist in the direction and administration of fund operations and processes.
• Process cash management and payment activities, including margin calls, loan closings, drawdowns, paydowns, and interest payments.
• Ensure the quality and effectiveness of pricing governance and controls by identifying and mitigating pricing risks.
• Ensure relevant information is incorporated in the valuation of investments to reflect fair value.
• Calculate Net Asset Value (NAV) on a daily, weekly, and monthly basis, including accrued income and expenses.
• Provide intra-NAV estimates to Asset Managers/Clients when requested.
• Liaise with fund administrators to reconcile final fund NAVs and monitor deliverables.
• 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 transaction reconciliation for accuracy.
• Manage relationships with service providers such as 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.
• Proactively enhance processes and maintain internal policies and procedures.

Requirements & Tech Stack

• Microsoft Excel
• Microsoft PowerPoint
• Microsoft Word

Qualifications

• 0-3 years of experience in accounting or audit.
• Experience in areas such as Real Estate Debt, Hedge Funds, or Fund of Funds is beneficial.
• Strong communication skills.
• Strong business knowledge.
• Ability to multitask.
• High levels of pro-activity, organization, and self-motivation.
• Ability to work collaboratively as a team player and take individual ownership.