Senior Associate - Property Fund Finance - 12 Month FTC

At M&G, our purpose is to give everyone real confidence to put their money to work. With a heritage dating back more than 175 years, we have a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions.

Our two distinct operating segments, Asset Management and Life, work together to provide access to balanced, long-term investment and savings solutions.

Through telling it like it is, owning it now and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent.

We will consider flexible working arrangements for any of our roles and offer workplace adjustments to ensure you have the support you need to succeed in your role.

The Role:

The Property Fund Finance team is responsible for the financial operations of over £30bn of property funds managed by M&G Real Estate.

This role involves providing financial control and oversight services of UK Property Funds managed by M&G Real Estate.
Reporting into the Manager, Property Fund Finance: The Senior Associate will be responsible for providing financial control and oversight services to the following:

• M&G Affordable Living Fund (an open-ended fund investing in Affordable Living, regulated by the Regulatory of Social Housing requiring quarterly unit pricing and reporting).
• Prudential Real Estate Limited Partnership (PRELP, an open-ended partnership investing in UK properties requiring monthly unit pricing and reporting).

The Senior Associate will work closely with Third Party Administrators (“TPA”) in performing the role. The role will also involve ensuring building a strong working relationship with the M&G Mumbai team.

Key Responsibilities:

• Oversee financial, regulatory and investor reporting across a portfolio of real estate funds, ensuring accuracy, quality and timely delivery by third-party service providers.

Key Knowledge, Skills & Experience:

• ACA, ACCA or CIMA qualified accountant (or equivalent professional qualification).
• Experience in fund finance, financial reporting, fund accounting or financial control, ideally within real estate, asset management or investment management environments.
• Strong understanding of financial reporting, budgeting, cashflow forecasting, statutory accounts and audit processes.
• Knowledge of real estate fund structures and accounting principles, with real estate accounting experience preferred.
• Experience overseeing and reviewing the work of third-party administrators, service providers or outsourced finance functions.

Work Level: Experienced Colleague

What we offer:

We’re dedicated to supporting your wellbeing and helping you thrive, both at work and beyond. Our benefits are designed to help you balance your professional and personal life, and financially plan for the future. Our UK benefits include:

• A valuable pension scheme of up to 18% (13% made up of employer contributions and 5% employee contributions).
• Access to our Share Save and Share Incentive Plan, alongside financial wellbeing and support services to help give you real confidence to put your money to work.
• Enjoy 38 days annual leave (including bank holidays), with the opportunity to purchase up to five extra days. Our Time Off When You Need It policy gives you the flexibility - to balance work and personal commitments.
• Our market-leading Inspiring Families

To explore more about life at M&G and our full benefits offering, visit Life at M&G

At M&G we strive to have a diverse workforce and an inclusive culture, underpinned by our policies and employee-led networks that offer networking, support and development opportunities for the diverse communities our colleagues represent. We welcome applications from people of all backgrounds – across gender, ethnicity, age, disability, sexual orientation and more – including neurodivergent individuals, career returners and those with military service experience.

M&G is proud to be Level 3: Disability Confident Leader under the UK Government Disability Confident employer scheme, and we welcome applications from candidates with disabilities and long-term health conditions. If you would like to participate in the initiative, you will have the opportunity to indicate this on your application.

We are committed to providing an inclusive recruitment process. All candidates have the opportunity to request reasonable adjustments when applying. If you need any additional support at any stage, please contact us at: careers@mandg.com