The Middle Office Accountant is primarily responsible for assisting Asset Managers by providing review/analysis of fund profit and loss accounts and calculating the Net Asset Value (NAV) of funds. They are responsible for highlighting potential operational or valuation issues to the Asset Manager.
Using the firms systems and other available tools on a daily basis review and analyse fund profit and loss accounts across asset classes, in order to assist reporting performance to Asset Managers
Calculate Net Asset Value (NAV) of funds on a daily, weekly and monthly basis including checking accrued income and expenses. Provision of intra-NAV estimates to the Asset Managers when requested
Liaise with the fund administrator/s to reconcile final fund NAVs
Review foreign exchange exposures and report to the Asset Managers, highlighting any currency hedging requirements
Review reconciliations between Custodians, Prime brokers and the investment engine's internal records, co-ordinating investigation and/or correction of breaking items where require
Provide ad-hoc reports to the Asset Managers and senior management regarding performance and historic trading analysis
Attend meetings with administrators and pricing committees
Ensure the quality and effectiveness of the pricing governance and controls are maintained through identification and mitigation of pricing risks and the communication/documentation of any enhancements to the framework
Apply technical understanding to securities pricing across the business
Review existing systems / processes / procedures and MIS to identify areas of possible enhancements
Represent the team on wider Man projects such as trading system enhancements and regulatory change integration
Oversight and monitoring of service providers
Key Skills & Experience
Expected ~1-5 years' experience in Operations/Fund Accounting/Finance, typically either at an asset management firm, bank or third-party administrator/custodian - preferred
Studying towards ACCA or CFA an advantage
Python or VBA programming skills
Good understanding of traded financial instruments
A team player, who is also comfortable to take individual ownership
Strong analytical and problem-solving skills
Ability to communicate effectively with multiple senior stakeholders
Work-Life Balance and Benefits at Man
Man Group is proud to provide the best working environment possible for all of its employees, and we are committed to equality of opportunity. At Man Group we believe that a diverse workforce is a critical factor in the success of our business, and this is embedded in our culture and values. We run a number of external and internal initiatives, partnerships and programmes that help us to attract and develop talent from diverse backgrounds and encourage diversity and inclusion across our firm and industry. https://www.man.com/diversity. Man Group is also a Signatory of the Women in Finance Charter.
Man Group supports many charities, and global initiatives. We support professional training and development, and requests for flexible or part-time working. Employees are also offered two 'Mankind' days of paid leave per year as part of the Man Charitable Trust's community volunteering programme.
We offer comprehensive, firm-wide employee benefits including competitive holiday entitlements, pension/401k, life and long-term disability coverage, group sick pay, enhanced parental leave and long-service leave. Additional benefits are tailored to local markets and may include private medical coverage, discounted gym membership and wellbeing programmes.