Head of Accounting and Financial Reporting (forex) - Limassol

  • Location:

    Cyprus, Limassol

  • Discipline:

    Accounting

  • Job type:

    Permanent

  • Benefits:

    Salary of 5,000 – 6,000 Euros gross per month based on skills and experience + medical scheme after completion of probat

  • Published:

    17-12-2024

  • Expiry date:

    17-03-2025

  • Reference:

    3066

Our client, a CySEC licensed FX Company in Limassol, is looking to hire an experienced Head of Accounting and Financial Reporting who will be involved in overseeing the Accounting Department and managing financial reporting processes. In this role you will report directly to the Company’s CFO.  A Cysec Regulation Reporting and Accounting Background is a must.

Responsibilities: 

  • Lead and supervise the day-to-day operations of the Accounting Department, ensuring timely completion of internal and external reporting.
  • Manage and guide accounting personnel, reviewing their work and providing feedback for improvement.
  • Coordinate the audit process and prepare audited financial statements in line with IFRS and local laws.
  • Prepare management accounts for both solo and group levels, and handle any ad-hoc reporting requested by management.
  • Oversee regulatory reporting to CySEC and the Central Bank of Cyprus, including COREP, ICAAP, Pillar 3, ICF, Suitability reports, and others.
  • Ensure compliance with local tax laws and regulations, including submitting reports to tax authorities.
  • Liaise with banks, PSPs, EMI, and the treasury function in relation to financial requirements, in collaboration with the CFO.
  • Oversee accurate invoicing, payments to vendors, service providers, and payroll execution.
  • Monitor cash flow, prepare regular cash flow reports, and manage critical payments.
  • Establish and maintain internal controls to ensure effective financial operations and accurate reporting.

Requirements:

  • ACA or ACCA qualification, University degree in Accounting, Business, Finance, or a related field.
  • Minimum of 2 years' experience in a CySEC-regulated investment firm, with relevant experience in the same position.
  • Proficiency in MS Office and accounting software.
  • Fluency in both English and Greek, written and spoken.
  • Strong attention to detail and initiative.
  • Excellent organizational skills and the ability to meet deadlines.
  • Problem-solving abilities and a results-oriented approach.

Working hours:

  • The working hours are from 8am or 9am to 5pm or 6pm. The position is onsite.

To apply:

Please send your CV to StaffMatters at admin@smstaffmatters.com and mention that you are applying for the vacancy of Head of Accounting and Financial Reporting (forex) with reference number 3066.
Or you can apply directly through your candidate login by hitting the APPLY button.