Head of Finance

ROLE OF ACCOUNT EXECUTIVE

GENERAL

• Responsibility for the management of a portfolio of captive and commercial (Re)insurance companies and accounts within a segregated accounts company.
• Responsibility for producing accurate accounting, underwriting and company secretarial information on a timely basis to enable the client Boards and controllers to make informed decisions.
• Liaising with the parent company, insurance regulator, directors, service providers etc in respect of the above.
• Advising senior management of issues of significance in respect of the above.

SPECIFIC

INSURANCE

• Policy administration and documentation
• Claims administration including reporting and recording
• Liaison with insurance and reinsurance brokers as required
• Underwriting decisions in conjunction with Directors, renewals and new business
• Checking the risk gap
• GFSC approvals of changes to business plans
• Obtaining Board approval
• Checking insurance documentation
• Accounting for premiums
• Agreeing reserving methodology

FINANCIAL

• Production of management accounts, statutory accounts and information, budgets, cashflow statements, and supplementary information as required.
• Assisting with the adoption of appropriate accounting practices and ensuring adherence thereto.
• Monitoring margins of solvency

Live Accounting

• Monthly bank reconciliations
• Monthly posting of bank investment transactions
• Monthly posting of monthly bordereaux

Cash

• Managing day to day cash requirements of companies
• Liaising with banks
• Liaising with and monitoring investment managers in respect of client invested funds.

COMPANY SECRETARIAL

• Performing relevant company secretarial functions including occasionally taking and producing minutes of meetings and required statutory filings.
• Ensuring minutes produced and circulated within seven days of meeting.
• Produce action points immediately after minutes are produced and add to “To Do Lists”
• Actioning matters arising.
• Arranging AGM
• Maintaining Corporate Governance framework and procedures manual   
• Scheduling of Key Actions
• Statutory Filings:    

• • Guernsey Registry return
  • Tax returns
  • GFSC Annual return

Board Meetings

• Co-ordination of board meetings. Producing board pack to agreed standards and timing (7 days prior to meeting). Attending meetings and leading discussions as necessary
• Entertaining clients as required

• • Checking client travel arrangements
  • Booking Boardroom
  • Overnight arrangements (Dinner, taxis, hotels etc)
  • In-house lunch or book restaurant.

• Maintaining contact with local directors and keeping them advised of developments with client.

TRAINING

• Undertaking appropriate and relevant training and development
• Assisting with training of colleagues where relevant.

GENERAL RESPONSIBILITIES

• Maintaining an ongoing relationship with the client.
• Visiting the client at least annually
• Socialising with client wherever appropriate
• Understanding the client's business and industry.

This role reports directly to a Client Service Director / Team Leader

Financial Reporting Accountant – Guernsey / Jersey

This role will report to the Head of Financial Reporting and will be supporting the consolidation and external reporting processes across the Group. It will suit an individual with demonstrable experience in financial reporting, delivering consolidated financial statements and managing audit processes.

Job Accountabilities

• Preparation of monthly Group consolidation
• Managing and reconciling intercompany transactions and balances
• Maintain up to date technical knowledge of relevant accounting standards, and ensure adherence to these in the Group’s financial reporting
• Assist on technical accounting matters
• Assist with design and implementation of group policies and procedures crucial for financial reporting
• Review ledgers as part of quality control function
• Supporting with statutory audit and accounting processes
• Support the Group audit, preparing audit files and responding to queries
• Assist with preparation of interim and annual consolidated financial statements

Minimum Education and Experience

• Educated to Degree Level standard, or equivalent
• Qualified Accountant (ACCA, ACCA or equivalent) professional qualification
• Previous experience with Group accounting preferred

Required Skills

• Strong understanding of accounting principles and regulations, including GAAP and IFRS
• Excellent analytical and problem-solving skills
• Strong communication skills; both written and verbal
• Ability to work effectively in a team environment and collaborate with cross-functional teams
• Strong problem-solving skills and the ability to work in a fast-paced, dynamic environment
• Ability to build morale and team spirit and act as an ambassador of the Group’s values.

Accounts Admin Jobs

• Invoices received from contractors - These are entered as payments on Lloyds (generally 1 payment run per week): Logging into Lloyds system to input payments that have first been approved by Property Managers.

Once a week. Around 1-2 hours depending on number of invoices

• Updating Quickbooks with payments/money in: Once a payment has been entered, go to quickbooks and input as a “cheque” with the payee, category, desc (if needed), amount, class & date of payment. If money in, use bank deposit and fill out similar info as payments except it won’t be payee, instead it’ll be received from & account (what money received relates to.

Once a week. Around 1-2 hours

• Reconciliations on Quickbooks against the bank statements: Print out statement from last date reconciled to today’s date – check all transactions match bank account and when done, print reconciliation report for file.

Depends on account. RS&C once a week, the other accounts are once every few weeks. 30 mins to 1 hour on average

• Preparing invoices and statements to tenants: When a client owes us money for various things (rent review, occupiers rate, etc) we prepare an invoice and send to tenant for payment. If we’re paying a tenant (usually overpayment or return of deposit) we prep & send a statement to document how much we are going to pay them.

On average 1-2 a week. Around 10-20 mins for each

• Monitoring bank account for payments and making transfers if necessary: Sometimes (Usually Social Security) money will be sent to the wrong account or sometimes the money goes to the letting account. Lettings account money needs to go to the relevant account (check with lettings if not sure what it relates to)

Once a week on a Friday. Around 5-30 mins depending on how much/if any needs to be transferred

• Answering payment/accounts queries via email & phone: Usually relates to payments of invoices/tenant deposits but some other ad hoc queries.

On average 1-2 a week. Around 5-15 mins for each

• Setting up standing order forms & taking to banks: The templates are in Gill folder, these are set up when new tenant arrives or rent review. Once received back a signed copy, scan this and take it to the bank (usually early/mid month to ensure it gets processed in time).

1-2 per week to set up, these take a minute or two for each. To scan, document on spreadsheet & take to bank takes around 30 mins to 1 hour once a month

• Rent reviews: Form is provided by property manager. We check if it’s increased and mark on rent review spreadsheet. Also, prepare invoices and new standing order forms if needed. Once done, sign sheet and hand back all docs to PM.

1-2 per week, each takes around 5 mins.

• Cash tins: Some people pay rent via cash – once a month, place cash in blue bags and take to Lloyds (filling out details on front & updating cash sheet so we know what it relates to). Tear off strip and place bags in drop off point. Get strip signed by Lloyds.

On average we receive cash/cheque once every 2 weeks – takes 5 mins to complete receipt & update cash sheet. Completing blue cash bags & taking to bank takes around 15 mins to 1 hour depending on how many bags to complete.

• Tax returns: Quarterly, there are a few Landlords that we need to fill out forms for. Use the Income tax file for previous for reference. Complete a cheque once done for all and send this plus the completed forms to the tax office – make sure to take a copy of the forms. We also do yearly agency tax returns – again see previous forms for reference (we don’t make payments for these).

Quarterly returns take around 2-3 hours to complete (including letter & cheque to tax). Yearly agency returns take around 2-3 hours.

• Commissions, letting & lease fees: When paying some invoices, there will be an enhanced management invoice attached – add this to the commissions book Excel and we will take these when processing the next statements. Letting/lease fees are given to us from the lettings team – again, add this to the commissions book.

A few a week on average – takes a couple of mins to complete.

• Preparing & sending out statements to landlords (monthly & quarterly): Most of these are via Quickbooks (apart from CMS & Skipton) these detail the income, expenditure & the bottom of the Landlord statements detail the money owed to the landlord. We usually make these payments on the same day we send the stmts & take our commission at the same time.

RS&C Monthly takes around 2-3 hours. RS&C quarterly is around 2-3 days. CMS statements are around 2-3 days. Others around half a day to a day.

• Service charge accounts: These are spreadsheets that details the service charge expenditure & income. They need to be updated to show the years income/expenditure.

Not 100% sure as not completed on yet. A few hours if starting from scratch but if updating quarterly, it should only take around 30 mins

• Deposits & deposit returns: We transfer the deposit + interest (there are spreadsheets that detail the interest) to the rent accounts. We then pay these back to the tenants, minus any rent owed, plus any money owed back to tenant i.e. if they’ve paid full occupiers rates or waste charges

Around 20-30 mins for each

• Filing invoices: When an invoice has been paid & marked on Quickbooks- we file the invoices. CMS & MCT invoices are copied.

If done on a weekly basis, around 30-45 mins

• Changing disks: One disk needs to be changed daily (has the day on it) each morning. On Friday, there are two additional disks that need changing.

Director - Tax Compliance and Reporting – Guernsey / London

This role is responsible for the output of the client tax compliance & reporting services . The individual will oversee the Groups client entity tax reporting function , ensuring compliance with all relevant tax reporting obligations, in line with regulations, in numerous jurisdictions.,. The role holder will be involved in reviewing tax advice obtained by clients pre and post structuring , and supporting business operations by monitoring when tax advice and compliance are required. The role holder will work closely with senior management across multiple jurisdictions to develop and implement tax policies and procedures to ensure client entities are compliant with all tax reporting requirements.

Job accountabilities:

• • Setting goals for the function which align with the overall Group strategy to ensure the specialised support given to the Group is at the highest quality.
  • Working with Directors and Relations Partners across various jurisdictions to set fees for tax compliance and reporting and agree billing responsibilities, to ensure profitability of the tax function.
  • Provide a practical level of theoretical and technical tax expertise and procedures in order to successfully deliver the tax function and develop recommendations for change.
  • Overseeing the preparation and submission of filing UK, Guernsey, Jersey, IOM and BVI company annual tax returns,
  • Overseeing the preparation of any other tax compliance and reporting requirements in those jurisdictions for both companies and trusts, including VAT and ATED.
  • Overseeing the preparation of filing of the Group’s tax returns in the UK and Crown Dependencies.
  • Overseeing the preparation of offshore trust IHT returns and stockpiled gains reports and relevant income calculations.
  • Audit and Risk Management: Manage tax audits and enquires with tax authorities where inhouse tax are the engaged agent, ensuring minimal financial and reputational risk.
  • Leadership and Team Management: Lead and develop the tax team, providing guidance and support to ensure high performance.
  • Training and development: Overseeing and providing tax training and support for the wider staff to ensure the organisation is aware of tax legislative changes
  • Internal Collaboration: Work with other departments to provide tax-related support for business operations and transactions.
  • Policy Development: Develop and implement internal tax policies and procedures.
  • Continuous Improvement: Stay updated on tax legislation changes and best practices, recommending process improvements as necessary.

Minimum education and experience:

• Educated to degree standard or equivalent experience.
• Professional qualification such as a CTA qualification.
• Requires deeper and more complex knowledge through having at least 8-10 years of progressive experience in tax compliance, including experience in a leadership role.
• Experience in UK company and trust tax is essential.

Required skills:

• Ability to engage and communicate/present complex information concisely and to a non-technical audience and the ability to explain and defend own and/or team reports.
• 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.
• Excellent communication and leadership skills.
• 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.
• High level of accuracy and attention to detail in preparing and reviewing tax documents.

Group Head of Client Accounting and Tax – Guernsey / London

The Head of Client Accounting and Tax is a Director-level Group-wide leadership role, responsible for the strategic direction, technical oversight, and operational performance of both the Client Accounting and Client Entity Tax compliance and reporting across all Praxis jurisdictions.

As a member of the senior leadership team, the postholder will shape, lead, and continuously improve the delivery of high-quality client accounting and tax compliance services for .. complex corporate, trust, and private wealth structures across multiple regulated environments.

The role requires a highly experienced, commercially astute, and technically accomplished professional with deep knowledge of International Financial Reporting Standards/UK Financial Reporting Standards and multi-jurisdictional tax compliance and reporting requirements within international fiduciary operations.

With responsibility for large, geographically dispersed teams, the postholder will lead transformation initiatives, embed consistent best practice, mitigate risk, and ensure that client accounting and tax compliance services are efficient, scalable, and fully aligned with Group strategy

Job Accountabilities:

As the Head of Tax and Client Accounting, you will provide strategic, operational, and technical leadership across the Group’s client-accounting and tax teams . You will be accountable for the design, delivery, governance, and optimisation of client accounting and tax compliance servcies , supporting sustainable growth and maintaining excellence of service to all stakeholders.

Strategic Leadership & Business Alignment

• Define and lead the long-term vision, strategy, and operating model for the Group’s Client Accounting and Tax Compliance Servcies , ensuring they deliver measurable value and are aligned to the overall commercial and service objectives of the Group.
• Integrate client accounting and tax compliance servcies across all jurisdictions, embedding a unified culture of performance, accountability, and high-quality output.
• Act as a trusted advisor to the Group Executive, contributing technical insight and commercial guidance on business development, client structuring, and market expansion.

Operational Excellence & Service Delivery

• Take full responsibility for the end-to-end delivery of client accounting and tax compliance outputs across all client structures, ensuring they meet all jurisdictional, and regulatory requirements.
• Oversee the preparation and delivery of annual financial statements, management accounts, VAT/GST returns, annual filings, tax computations, and other financial outputs with a focus on quality, consistency, and timeliness.
• Implement and monitor standardised Key Risk Indicators (KRIs) and Key Performance Indicators (KPIs) to drive performance, efficiency, and risk mitigation across the Group.
• Champion the use of technology and automation, including Acumen and related platforms, to streamline reporting, improve accuracy, and enhance the client experience.

Regulatory Compliance, Risk & Governance

• Lead the Group’s response to evolving regulatory, accounting, and tax frameworks across all relevant jurisdictions, including UK, Guernsey, Jersey, BVI, and other international locations.
• Ensure robust oversight of all tax compliance matters for client entities, including the submission of annual returns, disclosure obligations, residency reviews, and regulatory reporting (e.g. CRS, FATCA).
• Provide authoritative guidance on complex tax issues, including cross-border structures, substance requirements, CFCs, transfer pricing, and withholding obligations.
• Manage relationships with regulators and tax authorities, leading on audits, enquiries, and reviews to safeguard the Group’s reputation and compliance position.

People Leadership & Capability Development

• Lead and inspire high-performing, cross-jurisdictional teams within Client Accounting and Tax Compliance , ensuring clear goals, structured development, and strong succession planning.
• Establish a culture of excellence, collaboration, and shared purpose, enabling teams to deliver consistent, proactive, and technically sound service to clients and colleagues.
• Build leadership capability within the function and oversee ongoing technical training and development aligned with regulatory change and business needs.

Internal & External Stakeholder Engagement

• Act as a key ambassador for the function, representing Client Accounting and Tax Comliance Servcies at leadership forums, client meetings, and external events as needed.
• Partner with internal stakeholders (including Compliance, Legal, Relationship Management, Risk, and Business Development) to provide joined-up support on client structures, operational planning, and commercial opportunities.
• Foster strong relationships with auditors, tax authorities, industry bodies, and external advisors to ensure seamless collaboration and positioning of Praxis as a market leader.

Minimum Education and Experience:

• Degree-level education or equivalent experience.
• Qualified accountant (e.g. ACCA, ICAEW).
• Chartered Tax Adviser (CTA) or equivalent tax qualification – essential.
• Minimum 10 years’ post-qualification experience, with at least 5 in a senior leadership role in a multi-jurisdictional fiduciary, corporate services, or financial services environment.
• Deep knowledge of financial reporting, international tax legislation, and fiduciary operations across multiple regulated jurisdictions.

Required Skills:

• Leadership & Influence: Proven ability to lead and inspire large, distributed teams across geographies and specialisms. Able to influence at Board level and guide cross-functional collaboration.
• Technical Mastery: Advanced expertise in IFRS, FRS and GAAP, financial reporting, and international tax compliance, with the ability to act as a trusted authority on complex regulatory matters.
• Strategic Delivery: Capable of translating business strategy into effective functional plans and consistently delivering results that improve efficiency, service, and value.
• Process Optimisation: Experience implementing Group-wide policy frameworks, governance structures, and digital tools to drive operational improvements and risk control.
• Analytical Acumen: Strong data and analytical skills, able to evaluate financial and compliance risk and make clear, evidence-based decisions.
• Communication: Exceptional communication and presentation skills, with the ability to convey complex information clearly to both technical and non-technical audiences.
• Commercial & Client Focus: Strong business acumen with a clear understanding of how tax and accounting functions support client relationships, revenue protection, and growth.
• Integrity and Professionalism: Acts as a role model for ethical conduct, regulatory compliance, and discretion.
• Resilience and Composure: Calm under pressure, adaptable to change, and able to lead confidently through uncertainty or complexity.
• Detail-Oriented: Meticulous and accurate, particularly in technical reviews and governance matters.
• Proactive and Self-Motivated: Drives outcomes and improvements without needing direction, and seizes opportunities to create value.
• Collaborative and Inclusive: Builds high-trust relationships, values diverse perspectives, and fosters a positive, team-oriented culture.
• Growth-Oriented: Embraces innovation, encourages learning, and is committed to continual personal and professional development