Praxis is an independent, leading provider of bespoke private wealth, corporate administration and yacht services to companies, individuals and families across the world.

Our expertise and experience is driven by recruiting and retaining the brightest and best, and creating a culture that allows people to thrive. Our independence encourages an open culture where every voice is valued. We care about creating an environment that hears, supports and shares openly with all our people.

Teamwork and collaboration are at the heart of our approach, and we nurture an environment of openness and respect where everyone feels valued.

Be heard. Be part of the Praxis Group.

Our private wealth and corporate services teams work with our clients and their advisers, delivering an efficient, informed and personal service. We operate a fast-paced and rewarding environment with opportunities to service a variety of international clients across all asset classes.

Job summary:

As a technical accounting expert, the Client Accounting Manager will be responsible for overseeing the preparation and

review of the work of the Private Wealth client accounting team efficiently, accurately and within budget.

Job accountabilities:

• To be the technical expert and point of contact for the team;
• To undertake Financial Reporting for any complex structures;
• To monitor and actively promote and participate in the development of team members;
• To manage the team’s workload, identify and resolve issues in advance to prevent backlog or bottlenecks and manage client expectations;
• Monitor team chargeability and efficiency;
• Inspire others through own actions and behaviours;
• Build morale and team spirit by actively championing the company’s values and promoting a culture of professionalism, teamwork and leadership;
• To propose improvements where inefficiencies are identified and convey these to the Head of Client Accounting;
• To manage, review and oversee the completion of accurate Financial Statements for specific Private Wealth Clients, to encompass audited accounts and to meet client, internal, tax and regulatory deadlines, ensuring applicable Financial Reporting Standards are adhered to (IFRS, FRS102, FRS102A, FRS105, etc…);
• To manage and review monthly reporting, quarterly management accounts, quarterly AsseT Summaries and any ad- hoc requests and to make sure all deadlines are met;
• To review VAT reconciliations and work closely with the tax team to ensure VAT returns are submitting on a timely basis;
• To oversee any audits, attend audit meetings and ensure audit deadlines are met;
• Prepare regular team KRI and KPI reporting and provide feedback to the Head of Client Accounts;
• To assist in quarterly billing and WIP recovery analysis;
• To oversee and manage bookkeeping processes in order to assist the FATCA and CRS committee in accurate reporting;
• Ensure that risk issues are reported to the Directors, Head of Client Accounts and Compliance Departments as appropriate;
• Liaison with clients and their professional representatives either directly or via the trust administration teams, as required, on accounting related matters of varying levels of complexity;
• Training and supervision of junior staff with a view to creating a supportive environment and a “team approach” to the work in hand;
• Shape own development by identifying areas to improve own knowledge and skills and actively seek assistance;
• Have a detailed understanding of the company’s vision and the direction in which the group is heading, being a Champion of Change;
• Keep up to date with latest Financial Reporting Standards changes and requirements; and
• Maintain evidence of continuing professional development to meet regulatory requirements.

Minimum education and experience

• Attainment of a relevant professional qualification, e.g. ACA, ACCA .
• 5 years post qualification experience with a minimum of 3 years people management experience..

Required skills

• Comprehensive knowledge, and a proven track record, in Private Wealth Accounting Services.
• Excellent communication skills and the ability to relay complex technical information in a comprehensive but concise format.
• Strong leadership and interpersonal skills.
• A highly organized and detail-oriented professional.
• Excellent numeracy and computer skills.
• A pro-active approach to dealing with the clients’ needs particularly in relation to any new technical developments .
• Demonstrated ability to lead.
• Ability to research and resolve technical matters using all available resources .
• Pro-active approach to self-improvement in order to maintain up to date knowledge of UK and International accounting standards and filing deadlines in relevant Jurisdictions.

To apply

We encourage you to apply well in advance of the deadline and if you are successful, we will meet with you as soon as possible

Our Commitment to Diversity

We want you to bring your full self to work and maximise your potential. Praxis Group is a place where everyone can thrive, whatever their gender, ethnicity, disability, sexual orientation, and socio-economic background.

Additional information

In addition, all our team members are expected to be committed to our core values:

• We inspire

• We listen

• We trust

• We succeed together