Commercial Management Accountant

Praxis Real Estate Management Ltd; Greater London; Hybrid; GBP 65,000 - 90,000; Full time

Benefits offered by this job

Discretionary bonus scheme

25 days holiday plus bank holidays

Private Medical Insurance

Annual Dental benefit

Cycle to work scheme

Job summary

Praxis Real Estate Management Ltd is seeking a Commercial Management Accountant for Praxis Facilities Management in London. The role focuses on monitoring site budgets, analysing site and contract performance, and providing operational teams with clear financial insight to guide decisions.

You will help implement finance processes for new income streams, work with senior management, and ensure accurate management accounts, forecasts and reporting.

Qualifications

• ACA, ACCA or CIMA part/newly qualified, or demonstrated equivalent senior-level experience.
• Experience in facilities management or property services.
• Experience in commercial finance or FP&A with ability to analyse performance and forecast.
• Advanced Excel skills and confidence in large data sets and reporting tools, with forward-looking use of AI to improve finance processes.

Responsibilities

• Review revenue, costs and margins across income streams.
• Show profitability by site, contract, client and service line to aid pricing and resourcing decisions.
• Build financial models to assess commercial options and decisions.
• Work with operational teams to improve cost recovery, recharges and margin control.
• Provide senior management with clear commercial advice and analysis when required.
• Take responsibility for management accounts and ensure accurate financial statements.
• Track budgets and forecasts, identify risks and opportunities early.
• Explain variances by site, contract and income channel to operational managers.
• Ensure accurate and timely billing and alignment with price schedules and general ledger.
• Prepare concise reports for senior management and highlight required actions.
• Help design finance processes for new income streams and services.
• Put controls and audit trails in budgeting, pricing, billing and reporting.

Skills

Advanced Excel

Strong communication

Tools

Sage Intacct

Job description

Description

Location: London, Knightsbridge (potential relocation to Victoria next year)
Working pattern: 1 day WFH after first month
Department: - Finance - Praxis Facilities Management

Praxis Facilities Management (PFM), is growing and developing new sources of income, so we need stronger commercial finance support.

We’re looking for a Commercial Management Accountant with experience in the Facilities sector who will keep a close eye on site budgets, help us understand how contracts and services are performing, and give operational teams clear financial information to support decisions.

You’ll also help put practical finance processes in place as the business grows, working closely with operational teams, contract managers, budget holders and senior management.

• Review revenue, costs and margins across each income stream.
• Show how profitable each site, contract, client and service line is, helping the business make informed pricing and resourcing decisions.
• Build financial models to help assess commercial options and decisions.
• Work with operational teams to improve cost recovery, recharges and margin control.
• Give senior management clear commercial advice and analysis when needed.
• Take responsibility for PFM’s management accounts, making sure the profit and loss account, balance sheet, cash flow and supporting schedules are accurate and delivered on time.
• Track site budgets and forecasts, spotting risks, opportunities and changes in performance early.
• Explain variances by site, contract, service line and income channel, working with operational managers to understand what is driving them.
• Make sure income is billed accurately and on time, and that charges agree with price schedules, service records and the general ledger.
• Prepare concise reports for senior management, explaining what the numbers mean and what action may be needed.
• Help design, document and introduce the finance processes needed for new income streams, contracts and services.
• Put clear controls and audit trails in place for budgeting, pricing, billing, recharges, purchasing, revenue recognition and reporting.
• Use Sage Intacct as the main reporting system, keeping data accurate and improving its reporting structure, dimensions and workflows.
• Find sensible ways to simplify and automate routine finance work without making processes harder for operational teams.
• Build strong working relationships with PFM’s operational leaders, site teams, contract managers and budget holders.
• Work as a finance partner to the business, asking the right questions and helping colleagues understand the financial impact of their decisions.
• Explain financial information clearly to non-finance colleagues and help them take ownership of their budgets and results.
• Carry out commercial analysis and project work for the Financial Controller and PFM’s senior management team.

Qualification:

• ACA, ACCA or CIMA part/newly qualified, or able to demonstrate equivalent senior-level experience.

Industry experience:

• Experience in facilities management or property services.

Commercial finance / FP&A

• Experience of commercial finance or FP&A, with the ability to analyse performance, build forecasts and turn financial information into practical advice for the business.

Systems

• Advanced Excel skills and confidence using accounting systems, large data sets and reporting tools, with a practical, forward-looking approach to using AI to improve finance processes and insight.

Management accounting

• Strong management accounting experience, including responsibility for budgets, forecasts, management accounts, variance analysis and clear reporting to senior management.

Process improvement

• Experience of putting new finance processes and controls in place and making them work across operational teams.

Communication

• A clear and confident communicator who can influence senior colleagues, challenge appropriately and explain financial matters in plain English.
• 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.

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.

You’ll have the opportunity to work closely with operational teams and senior management, provide meaningful commercial insight, and help shape the finance processes and controls that support new income streams and the continued development of the business.

Benefits:

• Highly competitive salary DOE
• 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 & snacksComprehensive business expense policy

Values

Professionalism | We consistently seek to exceed expectations. Our people can express themselves fully while upholding the highest standards of conduct, competence, and integrity.

Ownership | Every asset, challenge, and opportunity is treated as our own. We deliver all real estate services in-house — never outsourcing responsibility, accountability, or blame.

Entrepreneurialism | We challenge convention and champion imaginative solutions. Rigorous debate is encouraged, and everyone is empowered to make decisions that elevate performance.

Meritocracy | Results, hard work, and strong ideas matter more than age, tenure, or titles. We are a diverse team that collaborates openly so each person can reach their full potential.

Action This Day | We do not defer or delay. Anything that can be done today, is done today.

Praxis is a well-established privately owned investor and manager of UK real estate with a track record of exceptional investment performance rooted in astute market timing and best-in‑class management. The business was established in 2009 but traces its origins back over three decades and multiple economic cycles.

Praxis works with a range of private equity, local authority, institutional and high net worth partners utilising its unique integrated platform and team of over 400 employees to manage and optimise all aspects of the real estate value chain. Praxis operates from offices in London, Manchester, and Birmingham.