Purpose of role:

The Man Group Corporate Treasury Team sits within the Corporate Finance department and is responsible for the following broad treasury-related activities of Man Group plc and its subsidiaries:

• Funding and day-to-day liquidity management
• Management of inter-company funding and settlements
• Management of global surplus cash
• Foreign exchange rate risk management
• Interest rate risk management
• Other treasury-related areas

The role will also require you to support the Group Treasurer on project-based work and also to support the Senior Analyst in the team and help to develop the teams overall technical expertise, to ensure the Man Treasury team is a ‘best-in-class’ function.

Specific responsibilities:

• Leading global cash management operations for Man Group plc and its subsidiaries, targeting cash efficiencies and managing the investment of the Groups cash as well as managing daily positions
• Developing the Groups cash flow forecasting capabilities
• Managing the corporate FX hedging programme
• Front-end user ownership of the Groups treasury management system, Kyriba
• Overseeing the effectiveness of the Groups payments policy
• Reconciliation of forecast cashflows to actuals
• Building relationships with key stakeholders, both internal and external
• Reporting on Treasury activity to senior management
• Weekly reporting on performance of the Groups seed portfolio and assisting with administering the portfolio
• Monthly reconciliation of the Groups seed portfolio to the general ledger
• Using technical expertise to identify and solve complex problems
• Focus on continuous improvement of the processes
• Have a good awareness of key risk areas and control activities
• Drive technological adoption within the Treasury team

Technical competencies:

• Minimum 2 years hands on experience, within a treasury / cash management role
• AMCT qualified, or studying towards
• Accounting / Finance and/or Data Analytics background or a degree in a numerate subject (essential)
• Treasury and/or cash management experience (essential)
• An understanding of cash management / treasury instruments (essential)
• Coding background (desirable)
• Strong excel background
• Excellent client service (internal & external) and strong interpersonal skills
• Deliver professional and ethical standards

Purpose of Role:

The main purpose of the role is responsibility for the posting, review and reporting of the Group’s management fees, performance fees, client rebates and commissions. This involves the oversight and analytical review of monthly net revenue bookings, billing processes and cash matching as well as ensuring that payments to clients are made on a timely basis. This role will report directly into the Manager of Revenue.

Specific responsibilities:

• Review and post into the general ledger; ensure revenues, rebates and commissions are recorded correctly
• Analyse and understand the drivers behind changes to accruals and month-on-month movements
• Prepare balance sheet reconciliations as part of the month-end reporting process
• Distribute payment schedules and invoices; ensure prompt collection of cash from clients/counterparties, including cash matching and management of returned payments
• Review, analyse and approve rebates and commission payments to ensure accuracy and timeliness; provide debtor correspondence as required
• Comply with CASS regulatory requirements
• Liaise with Middle Office, Accounts Payable, Client Agreements, administrator (BNYM) and other internal/external stakeholders; prepare fund reinvestment instructions and ensure funding is in place
• Support internal and external audit queries
• Assist with asset under management (AUM) reporting and margin calculations

Technical competencies: 

• Minimum 1 years post graduate, work experience
• Part or fully qualified accountant (ACA, ACCA, CIMA) preferred but not essential
• Degree-level education, preferably in Finance, Accounting, Mathematics or a related discipline
• Experience working in a Finance team ideally within Investment Management or Investment Banking preferred but not essential
• Strong Excel skills (lookups, pivot tables, sumif etc.); ability to learn new systems quickly
• Proactively identifies opportunities to improve and automate processes through intelligent automation and AI-driven solutions

Job Description

The US Systematic Wealth team is looking to hire a Tax Manager supporting Man's US tax aware commingled funds and separately managed accounts. The role involves establishing and maintaining tax compliance processes, providing proactive tax advisory to the investment team, and ensuring the funds' tax positions are optimized. The role will suit a highly driven candidate who is motivated to be part of a growing function at Man and develop their career as the business scales. A core expectation of the Tax Manager will be to leverage their experience to establish appropriate tax frameworks and controls alongside the broader Middle Office and Investment teams. The Tax Manager will be responsible for a significant portion of the day-to-day tax operations and managing relationships with external tax advisors and counterparts.

Responsibilities:

• Tax Compliance & Reporting: Directing and overseeing tax compliance for Man's non-Section 475(f) hedge funds and separately managed accounts, including oversight of all federal, state, and investor-level tax reporting (e.g., Form 1065, K-1s, tax estimates, pro formas, withholding obligations).
• Tax Aware Strategy Advisory: Partnering with portfolio managers and the investment team to proactively advise on the tax implications of trading activity, recommending adjustments to strategies to maximize after-tax returns (e.g., tax-loss harvesting, wash sale management, holding period optimization, short-term vs. long-term gain/loss positioning).
• Complex Transaction Tax Analysis: Analyzing the tax treatment of complex transactions — including constructive sales, straddles, Section 1256 contracts, swaps, and other derivatives — ensuring accurate characterization and reporting.
• Liaising with external tax advisors, fund administrators, and auditors to reconcile tax positions, review draft returns, and oversee all tax-related activity performed by third-party service providers.
• Overseeing the establishment and maintenance of tax accounting procedures to support the financial and regulatory reporting obligations of the funds, including book-to-tax adjustments.
• Monitoring legislative and regulatory developments affecting the tax treatment of fund strategies and communicating impacts to senior stakeholders and the investment team.
• Ensuring the quality and effectiveness of tax controls through identification and mitigation of tax risks and the documentation of any enhancements to the tax governance framework.
• Oversight of tax lot accounting, cost basis reporting, and wash sale tracking across funds and managed accounts.
• Actively identifying trends and potential issues with tax positions to improve the control environment, drive efficiencies, and minimize tax leakage.
• Taking a proactive and innovative approach to enhancing tax processes and maintaining internal tax policies and procedures manuals.

Key Skills & Experience:

• 5+ years of tax experience in asset management, public accounting (Big 4 preferred), or a combination thereof.
• Deep knowledge of tax compliance for non-Section 475(f) hedge funds, including partnership taxation, investor allocations, tax lot accounting, cost basis reporting, straddles and wash sale management, and the treatment of capital gains/losses vs. ordinary income/losses for complex financial instruments.
• Experience with tax aware or tax-managed investment strategies — understanding how investment decisions impact after-tax outcomes and the ability to translate tax rules into actionable guidance for portfolio managers (e.g., tax-loss harvesting, wash sale management, holding period optimization, short-term vs. long-term gain/loss positioning)..
• Strong expertise in complex financial instruments and transactions, including derivatives, swaps, straddles, Section 988, Section 1256 contracts, wash sales and constructive sale rules.
• Knowledge of commingled fund structures and separately managed accounts.
• Knowledge of the nuances in tax treatment for Fixed Income, Equity, and Derivative products.
• Experience working at an Investment Manager/Advisor preferred.
• CPA and/or MScT (Master of Science in Taxation) strongly preferred.
• Excellent Microsoft skills (PowerPoint, Excel, and Word).
• Strong communication skills, strong business knowledge, and ability to multitask.
• A team player who is also comfortable taking individual ownership.
• Ability to communicate effectively with multiple senior stakeholders, including portfolio managers, legal, and compliance.