Assistant Accountant- Yacht Management

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 Yacht Services team works with clients, captains and crew, providing an efficient, informed and personal service. We provide a fast-paced, rewarding environment and opportunities to work with a variety of global clients formulating and delivering the most appropriate, long-term solutions for owners of both private and commercial yachts.

Job summary:

To post all yacht expenses timely and accurately, ensuring payments to suppliers are made ontime. Making sure bank statements are reconciled daily to ensure we know exactly how much of client funds we have at any point. To provide cover and deputise for the Yacht Accountant & Yacht Payment team members as required, deputise being the point of contact for Owner\’s Reps, Captain and anyone else related to our clients/yachts.

Job accountabilities:

All aspects of yacht/client accounting and yacht management administration including:

Posting purchase invoices

Setting up new vendors, incl. vendor call backs to verify details

Checking expenses vs budget

Card and Cash Reconciliation and Reporting

Conducting \’red flag\’ checks and escalating as required

Payments of purchase invoices and recording in the system

Daily, Weekly and Monthly Bank Statement Reconciliations

Clearing of suspense accounts

Running Month End Reporting for the yachts under management, for review by the Yacht Accountant

Sanction checking, using WorldCheck software

Escalating issues to the wider team specialists or management where additional support required

Being the point of contact for clients/yachts when Yacht Accountant is not available

Other such duties as may be reasonably be expected in support of the Yacht Accountant Management Team

Other Considerations:

Hybrid working, with a minimum 3 days per week based in the office in London

Travel to the Southampton, Malta and Guernsey offices as required.

Meeting with Clients/Captains on occasion and attendance at Boat Shows as required

Minimum education and experience

Desired AAT qualification

Bookkeeping experience

Yachting experience is a bonus but not necessary

Required skills

Proficiency in Microsoft Office (SharePoint, Outlook, Excel, Word, PowerPoint etc)

Good communication skills, written and face-to-face when dealing with Captains and clients, particularly keen for someone who would prefer to call someone rather than email

Comfortable in a fast-moving work environment with tight deadlines and diverse tasks

Attention to detail and accuracy

To uphold the reputation of the Praxis Yachts Group for always delivering the highest level of service

To be solutions driven, acting at all times in the best interest of the client and with integrity and discretion

Have an on-board experience on a yacht, with exposure to expense management is a bonus but not necessary

Commitment to diversity

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

Applying with a disability

We are committed to ensuring a great experience for colleagues with a disability. Once you get to the selection stage, please let us know about any adjustments that you may require.

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

Department

Yacht Services

Locations

London

Employment type

Full-time

Working Status

Office Based

About Praxis Group

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