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.