Our client is an international Investment Holding Company with offices in the UK, Russia, Montenegro, Germany and Cyprus are looking to hire a Financial Controller to be based at their offices in Cyprus.
The company was established in 2009 and is committed to the acquisition, construction and management of global investment projects with a focus on long-term, sustainable businesses that promise steady capital accumulation.
The Company aims to make a positive impact in the world and preserve the capital for generations to come by investing in early-stage technology companies and driving business growth in the following areas:
Residential & Commercial Real Estate
Hospitality
Entertainment
Clean Energy
Financial & Capital Investments
Venture Capital
The purpose of the role is to manage the Group's financial and treasury processes, systems and practices, ensuring financial and managerial information is timely, accurate, complete, and compliant with relevant accounting and tax principles.
The role holder will own all finance/accounting policies and processes, create and maintain a robust control environment, optimise the company's cash position and ensure that all key external and internal finance tasks are delivered on time to the highest standard, as well as drive high-quality management reporting and support the Leadership in enabling the company to scale sustainably and responsibly.
Taking ownership for consolidated management accounts, general ledger, and statutory financial reporting, the role leads a finance team and delivers accurate accounting from divisional to the group level.
The primary job responsibilities will include:
Financial & Managerial Analysis, Budgeting, and Forecasting
Prepare and present monthly (or as per any other requirement) managerial and financial budgeting reports, including (but not limited to) profit and loss by division, forecast vs budget by division, and cash flow by division
Review and analyse monthly financial results and provide recommendations
Develop, refine, and focus on action-oriented financial & managerial reporting to influence leadership decisions with sound financial judgement
Lead month-end closing, preparing group consolidated accounts, management reporting
Supervise the creation of reports, software implementation, and tools for budgeting, consolidation and forecasting
Optimise intra group financing arrangements and cash management
Accounting, Administration and Operations
Responsible for identifying and supporting reporting process improvements, creating a step-change in effectiveness and efficiency in response to increasing business and regulatory demands
Review and ensure application of appropriate internal controls and financial procedures
Monitor Accounts Receivable management and provide guidance relating to the collection process
Monitor Accounts Payable
Oversee and coordinate preparation of financial statements
Coordinate VAT returns in Cyprus
Oversee the month-end close process, constantly reviewing procedures while eliminating inefficiencies
Review and oversee financial reports
Enhance and implement financial and accounting systems, processes, tools, and control systems
Audit process control and support (with different teams in UK, CZ, MNE, RU and CY) including the IFRS financial statements of the holding companies in Cyprus
Monitor and manage Group's treasury functions (including cash management)
Strategy, Planning, and Management
Assess and evaluate the financial performance of the Group with regard to long-term operational goals, budgets, and forecasts
Provide insight and recommendations to both short-term and long-term growth plans of the Group
Create and establish yearly financial objectives that align with the Group's plan for growth and expansion
Participate in pivotal decisions as they relate to strategic initiatives and operational models
Implement financial policies, procedures, and processes
Supervise the finance teams to ensure the proper functioning of all systems, databases, and financial software
Mentor and develop a finance team and manage work allocation, systems training, performance evaluations, and the building of an effective and efficient team dynamic
The ideal candidate will be/have:
Bachelor's or Master's degree in finance and/or in financial/managerial accounting
Fully qualified Accountant (ACCA / FCCA) with at least 5 years post qualification experience
Over 5 years in finance leadership role
Experience in financial consolidation across different jurisdiction (is a must)
Experience of implementing and improving financial and operational processes
Experience of implementing new finance systems and softwires
Experience in international tax planning
Well-organised with excellent attention to detail and the ability to multitask
Good influencer with an ability to build and maintain strong relationships at all levels
Strong managerial skills
Working knowledge of all statutory legislation and regulations
Experience with reporting, planning, and communication with budget owners
Good cash flow management skills
Cyprus VAT is welcomed
Knowledge of financial & managerial reporting and data mining tools
English language (not lower than C1 English (Advanced))
Russian language (spoken, with the ability to write emails is welcomed)
Key knowledge and skills required for this position:
Ability to relay accounting / financial information to stakeholders
Strong analytical skills including the ability to interpret and interrogate data
Ability to perform multiple tasks
Excellent attention to details
Critical thinking and problem-solving skills
Solid communication skills, both written and verbal
Excellent organisational skills and the ability to prioritise
Ability to work independently and in a team environment
Ability to take over responsibility for dedicated areas of work
Ability to meet deadlines and work under pressure
Personal characteristics:
Reliability
Genuineness
Enthusiasm
Team player
Loyalty
Working hours:
Working schedule: 10:00 - 19:00 and overtime as may be required
Salary:
The company is offering a very competitive salary based on experience plus a performance related annual bonus.
To apply:
Please send your CV to StaffMatters at admin@smstaffmatters.com and mention that you are applying for the vacancy of Financial Controller with reference number 103.
Or you can apply directly through your candidate login by hitting the APPLY button.