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About the Role
We are looking for a Commercial Management Accountant to join our growing finance team. This role is crucial for supporting new income streams, understanding contract performance, and providing clear financial information to operational teams and senior management. You will play a key part in shaping finance processes and controls as the business expands.
Responsibilities
- Review revenue, costs, and margins across each income stream.
- Determine profitability of sites, contracts, clients, and service lines to inform pricing and resourcing decisions.
- Build financial models to assess commercial options.
- Collaborate with operational teams to improve cost recovery, recharges, and margin control.
- Provide commercial advice and analysis to senior management.
- Manage PFM’s management accounts, ensuring accuracy of profit and loss, balance sheet, cash flow, and supporting schedules.
- Track site budgets and forecasts, identifying risks and opportunities.
- Explain variances by site, contract, service line, and income channel.
- Ensure accurate and timely income billing, reconciling charges with price schedules, service records, and the general ledger.
- Prepare concise reports for senior management, outlining financial implications and recommended actions.
- Assist in designing, documenting, and implementing finance processes for new income streams, contracts, and services.
- Establish clear controls and audit trails for budgeting, pricing, billing, recharges, purchasing, revenue recognition, and reporting.
- Utilize Sage Intacct for reporting, maintaining data accuracy, and improving reporting structure, dimensions, and workflows.
- Identify opportunities to simplify and automate routine finance tasks.
- Build strong working relationships with operational leaders, site teams, contract managers, and budget holders.
- Act as a finance partner, asking pertinent questions and helping colleagues understand financial impacts.
- Clearly explain financial information to non-finance colleagues.
- Conduct commercial analysis and project work for the Financial Controller and senior management.
Requirements
- ACA, ACCA, or CIMA part/newly qualified, or equivalent senior-level experience.
- Experience in commercial finance or FP&A, with the ability to analyze performance, build forecasts, and provide practical financial advice.
- Advanced Excel skills and confidence using accounting systems, large datasets, and reporting tools.
- Practical, forward-looking approach to using AI to improve finance processes and insight.
- Strong management accounting experience, including responsibility for budgets, forecasts, management accounts, variance analysis, and reporting to senior management.
- Experience implementing new finance processes and controls across operational teams.
- Clear and confident communication skills, with the ability to influence senior colleagues and explain financial matters in plain English.
- Experience in facilities management, property services, or another contract-based service business.
- Experience with site budgets, contract accounting, recharges, and cost recovery.
- Experience using Sage Intacct or a similar cloud accounting system.
- Experience working closely with operational teams and senior management.
Skills
- Commercial finance
- FP&A
- Financial analysis
- Forecasting
- Management accounting
- Budgeting
- Variance analysis
- Reporting
- Process improvement
- Financial modeling
- Sage Intacct
- Advanced Excel
- Communication
- Influencing
Location
- London, Knightsbridge
- London
Work Type
- Full Time
- 1 day WFH after first month
Experience Level
- Senior-level experience
Education Level
- ACA
- ACCA
- CIMA
Salary/Compensations
- Highly competitive salary DOE
Benefits
- Discretionary bonus scheme
- 25 days holiday per year plus bank holidays
- Office closure over festive season
- Additional holiday with service
- Private Medical Insurance (medical history disregarded)
- Annual Dental benefit inclusive of two appointments per year
- Healthcare Cash Plan
- 5% Company pension contribution
- 3x Life Assurance
- Cycle to work scheme (on-site shower room facilities & bike parking in majority of head offices)
- Employee Assistance Programme
- Group income protection scheme
- Daily healthy fruit & snacks
- Comprehensive business expense policy
About the Company
- Praxis Facilities Management (PFM) is growing and developing new sources of income, requiring stronger commercial finance support.
- This is an opportunity to join a growing business at a point where commercial finance is becoming increasingly important to how we operate and grow.
- Values: Professionalism, Ownership, Entrepreneurialism, Meritocracy, Action This Day.