Middle Office Accounting Apprentice

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 $172.6 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.

* As at 31 March 2025

At Man Group, we value initiative, curiosity, and adaptability. We’ll give you the foundation to thrive in a fast-paced, collaborative environment and the satisfaction of building a career shaped by excellence.

We believe great ideas can come from anywhere, so our apprenticeship programme is designed to empower you from the start. You’ll work alongside industry experts, tackling real-world challenges and contributing to meaningful projects. With mentorship and a supportive learning environment, you’ll have the freedom to explore your potential and the agility to adapt as you grow.

 

The Middle Office team is responsible for Security pricing controls, NAV (Net Asset Valuation) calculations, fee modelling, and portfolio rebalancing across Feeder/Master/Multi Book structures, as well as setting trading levels and instructing FX hedges related to client capital flows. The team also develops tools and reporting solutions, widely used across the firm, primarily using Python, Excel, and internal databases to deliver critical reporting and analytics.

 

The apprentice role will support the team across multiple areas of this work; with opportunity to develop and use technical and problem-solving skills through operating processes, and through project-work.

Using the firm’s systems and other available tools (Bloomberg, vendor data etc.) to review and analyse fund profit and loss account across asset classes.

• Reviewing accuracy of fund profit and loss at security level using risk-based measures
• Utilising in-house technology, python, confluence, excel and other applications to deliver efficient solutions to improve or deliver new metrics and visualisation of both reporting and control processes
• Calculate Net Asset Value (NAV) of funds including complex management and performance fee calculations
• Liaise with the fund administrator/s to reconcile final fund NAVs
• Implementing the Fund rebalance instructions, ensuring correct application of parameters to give clients correct target exposures and maintain appropriate cash levels.
• Support the setup of new funds and investment structures withing the team’s processes.
• Review foreign exchange exposures and instruct hedges required from capital inflows and outflows
• Review reconciliations between Custodians, Prime brokers and the investment engine’s internal records, co-ordinating investigation and/or correction of breaking items where required
• Support queries relating to fund accounting data and fund performance.
• Review existing processes, procedures and systems then propose, agree and implement improvements.

• Strong mathematical, statistical and computing skills
• Practical programming experience or a strong interest to learn in Python, Git, VBA, SQL
• A team player, who is also comfortable to take individual ownership
• Strong analytical and problem-solving skills
• Ability to communicate ideas effectively with more senior collegues

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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.

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 $172.6 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.

* As at 31 March 2025