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Associate Director - Fund and Corporate Accounting

Praxis Group
£67,885 - £85,958 a year
City of London, England
6 days ago

Praxis is an independent, leading provider of bespoke private wealth, corporate & funds 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 & funds 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:

This role leads the client accounting function for fund and corporate services, translating business strategy into operational plans and ensuring consistent, high-quality financial reporting. The position involves managing accounting teams, standardizing processes ensuring our core accounting software is implemented and developed to suit client and business requirements and serving as a technical expert across jurisdictions. The role holder will work closely with senior management across multiple jurisdictions to develop and implement accounting policies and procedures to ensure client entities are compliant with all accounting requirements.

Job accountabilities:

  • Translates business segment strategy into functional plans and guides their execution.
  • Accountable for results which impact the entire client accounting function for the Corporate & Funds business line.
  • Understand the requirements of clients across the Group.
  • Oversee the accounting function in each client accounting team for various types of clients through the use of standardised KRI and KPI reporting.
  • Directs the application of existing principles and guides development of new policies and ideas across the client accounting functional area
  • Ensure that processes and procedures are designed and implemented to increase efficiencies and provide group wide consistency.
  • Design, develop and implement Allvue system and reporting to meet clients reporting requirement in an efficient manner.
  • To provide leadership and direction to client accounting teams to maximise efficiency without compromising on the quality of reporting to clients.
  • To provide training across the client accounting teams in respect of new policies and procedures.
  • To be a technical point of contact for all client accounting teams.

Minimum education and experience:

  • Professional, management, or technical qualification if relevant for the role, or equivalent by experience; and significant business experience at a senior level.
  • Holds a professional accounting qualification (ACCA, ICAEW)
  • Minimum 10 years post qualification experience within a multi disciplinary Fiduciary service provider.

Required skills:

  • Strong ability to lead teams of specialists and generalists with significant persuasion and communication skills.
  • Ability to set and promote the correct organisational culture and values and act as a figure head/business advocate for the path forward.
  • Deep knowledge of policies, procedure, regulations and legislation in operational area, and up to date knowledge of external issues (legislative, regulatory, best practice standards, etc.) that affect client servicing area in order to be able to affect change in the business in line with the industry standards.
  • Able to influence across jurisdictions for the benefit of the business.
  • Proficiency in Allvue or similar fund accounting software, with a demonstrated ability to configure and enhance system functionality to meet evolving business and client requirements.
  • Excellent communication and leadership skills.
  • Strong presentation skills with the ability to effectively contribute to business development pitches and articulate technical concepts to prospective clients
  • Excellent quantitative, analytical, and problem-solving skills, along with the ability to apply those skills to resolve client requirements.
  • Excellent planning and organisational skills along with the ability to tackle multiple workstreams while meeting tight deadlines.
  • Proactive and self-motivated, with a desire to identify opportunities and take ownership for implementing improvements.

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

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.

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