Head of Treasury / Treasury Specialist - Limassol

  • Location:

    Cyprus, Limassol

  • Discipline:

    Accounting

  • Job type:

    Permanent

  • Benefits:

    Salary of based on experience and qualifications.

  • Published:

    24-10-2024

  • Expiry date:

    24-01-2025

  • Reference:

    2946

Our client is a Payment Service Provider offering turnkey solutions to its clients and an opportunity has become available as they are looking to recruit a Head of Treasury for the offices in Limassol. 

Key Responsibilities: 

Liquidity Management:

  • Ensure that regulated entities maintain sufficient funds to meet all obligations.
  • Establish and implement procedures for monitoring cash flow related to client transactions. 
  • Manage reserves, including bank balances in various currencies, to facilitate smooth payment processing. 
  • Oversee foreign exchange FX  management to ensure availability of relevant funds in appropriate currencies for timely customer payments. 
  • Analyze and manage FX costs charged by banks against FX revenues charged to customers. 

Risk Management:  

  • Identify and mitigate financial risks, including FX fluctuations, interest rates, and commission rates charged to clients.
  • Collaborate with the Compliance team to provide accurate and complete data for regulatory reports, ensuring thorough cross-checks of data provided by the Treasury team.
  • Facilitate reconciliation processes to maintain data integrity prior to regulatory submissions. 
  • Ongoing monitoring and assessment of the health and operational status of rail service providers.

Internal Controls: 

  • Establish and monitor robust internal controls to prevent fraud, addressing both internal and external threats
  • Conduct regular assessments of control effectiveness and implement improvements as necessary.

Salary and benefits: 

  • Salary of based on experience and qualifications from 48,000 to 72,000 Euros gross annually . 
  • Yearly bonus upon performance and discretion of Management.
  • Company sponsored lunches (choice from a menu).
  • EKO Petrol Card.
  • Hybrid work model with one day working from home after probation period.

Working hours:  

  • Monday to Friday 9:00 – 17:00
  • 1 day per week working from

To apply:

Please send your CV to StaffMatters at admin@smstaffmatters.com and mention that you are applying for the vacancy of Head of Treasury / Treasury Specialist with reference number 2946.
Or you can apply directly through your candidate login by hitting the APPLY button.