Analyst, Discretionary Middle Office Accounting

About this role

About Man Group Man Group is a global alternative investment management firm focused on pursuing outperformance for sophisticated clients via our Systematic, Discretionary and Solutions offerings. Powered by talent and advanced technology, our single and multi-manager investment strategies are underpinned by deep research and span public and private markets, across all major asset classes, with a significant focus on alternatives. Man Group takes a partnership approach to working with clients, establishing deep connections and creating tailored solutions to meet their investment goals and those of the millions of retirees and savers they represent. Headquartered in London, we manage $253.6 billion* and operate across multiple offices globally. Man Group plc is listed on the London Stock Exchange under the ticker EMG.LN and is a constituent of the FTSE 250 Index. Further information can be found at www.man.com At Man Group, we respect your privacy and we are committed to protecting and safeguarding your Personal Data. We have developed policies and processes which are designed to provide for the security and integrity of your Personal Data. We are committed to Processing your Personal Data fairly and lawfully, and being open and transparent about such Processing. For further information on how we process your data, please see the privacy notice for applicants here. * As at 30 June 2026 About the role The Discretionary Middle Office is responsible for ensuring the operational control environment for our Discretionary business runs efficiently, accurately, and in a highly controlled manner. As an Analyst, you will run key operational processes independently while continuing to develop broader technical and operational expertise in real estate operations. Managing daily cash reconciliations, performing rigorous oversight of quarterly NAVs produced by Fund Administrators, and analysing property-level valuations alongside the front office will be core to the role. Contributing to the evolution of the team's core processes and identifying solutions to ongoing operational requirements will also be key to your individual growth. Responsibilities • Perform daily reconciliation of cash breaks, investigating and resolving exceptions promptly to ensure the accuracy of fund records. • Review and constructively challenge quarterly Net Asset Values (NAVs), liaising directly with the fund administrator on NAV preparation as well as recurring investor reporting. • Collaborate closely with external valuation agents to assist in producing quarterly real estate valuations and conducting detailed analysis of these valuations. • Partner with the front office investment team to deliver property-level reporting and granular valuation analytics. • Respond to detailed investor queries, demonstrating the ability to articulate and explain complex valuation movements clearly and confidently. • Invoice payment processing for property and fund costs, ensuring strict adherence to all internal controls and anti-fraud policies. • Review of UK GAAP and IFRS financial statements and overall management of the year-end audit cycle. Technical Development • Contribute to the team's continuous improvement of systems, controls, and workflows to mitigate operational risk. • Learn and utilize reporting and data tools to enhance team processes, property-level analytics, and automation initiatives. Stakeholder Engagement Collaborate with team members, front office investment professionals, and external partners (fund administrators, valuation agents, auditors) in both daily activities and long-term projects. Communicate findings, reporting data, and recommendations clearly to various internal and external stakeholders, acting as a reliable representative of the Middle Office. Technical Competencies • 0 to 3 years of professional experience, with a strong motivation to build a career in investment operations. • Strong analytical mindset with the ability to solve complex problems and analyse valuation metrics. • Keen attention to detail and strong organisational skills. • Ability to work both independently and as a highly collaborative part of a team. • Excellent communication skills and the confidence to raise questions, challenge data, and explain complex concepts. • Demonstrated ability to learn new concepts quickly. • Strong academic background in an analytical or finance-oriented field (Finance, Accounting, Real Estate, Economics, Mathematics, or similar disciplines). Advantageous (but not required) • Previous exposure to the financial services industry, particularly developing a working knowledge of real estate operations, property valuation, or fund accounting. • Professional qualifications (accountancy qualifications, CFA, CAIA) or actively studying towards them. • Basic programming knowledge (e.g., Python, SQL, advanced Excel) with an enthusiasm to develop technical skills. Inclusion, Work-Life Balance and Benefits at Man Group You'll thrive in our working environment that champions equality of opportunity. Your unique perspective will contribute to our success, joining a workplace where inclusion is fundamental and deeply embedded in our culture and values. Through our external and internal initiatives, partnerships and programmes, you'll find opportunities to grow, develop your talents, and help foster an inclusive environment for all across our firm and industry. Learn more at www.man.com/diversity . You'll have opportunities to make a difference through our charitable and global initiatives, while advancing your career through professional development, and with flexible working arrangements available too. Like all our people, you'll receive two annual 'Mankind' days of paid leave for community volunteering. Our comprehensive benefits package includes competitive holiday entitlements, pension/401k, life and long-term disability coverage, group sick pay, enhanced parental leave and long-service leave. Depending on your location, you may also enjoy additional benefits such as private medical coverage, discounted gym membership options and pet insurance. Equal Employment Opportunity Policy Man Group provides equal employment opportunities to all applicants and all employees without regard to race, color, creed, national origin, ancestry, religion, disability, sex, gender identity and expression, marital status, sexual orientation, military or veteran status, age or any other legally protected category or status in accordance with applicable federal, state and local laws. Man Group is a Disability Confident Committed employer; if you require help or information on reasonable adjustments as you apply for roles with us, please contact TalentAcquisition@man.com .