An international financial services firm specialising in Forex based in Nicosia is seeking for a Chief Financial Officer. The successful candidate will have a minimum of 6 years experience and previous working experience within the Financial Services industry. If you are looking for an opportunity to join an exciting company, we are looking forward to receiving your application for this Nicosia based Chief Financial Officer role.
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Assess and evaluate financial performance of organization with regard to long-term operational goals, budgets and forecasts.
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Provide insight and recommendations to both short-term and long-term growth plan of organization.
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Communicate, engage and interact with Board of Directors, CEO, COO and Executive management.
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Create and establish yearly financial objectives that align with the company’s plan for growth and expansion.
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Participate in pivotal decisions as they relate to strategic initiatives and operational models.
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Interact with and bring department into line with Board of Directors’ plans, initiatives and recommendations.
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Implement policies, procedures and processes as deemed appropriate by senior leadership team.
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Prepare and present monthly financial budgeting reports including monthly profit and loss, forecast vs. budget and weekly cash flow.
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Review and analyze monthly financial results and provide recommendations.
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Develop and maintain monthly operating budget and annual company operating budget.
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Manage financial planning and analysis. Supervise creation of reports, software implementation and tools for budgeting and forecasting.
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Review and ensure application of appropriate internal controls, compliance and financial procedures.
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Ensure time efficiency and accuracy of financial and management reporting data both externally and internally.
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Supervise the accounting department to ensure the proper functioning of all systems, databases and financial software. Provide regular maintenance and backup of all accounting systems and supervise company financial staff.
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Oversee the preparation and communication of annual financial statements.
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Oversee the preparation and timely filing of all tax returns.
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Ensure compliance regarding all financial functions.
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Work alongside the legal department to ensure appropriate legal compliance.
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Review all month-end closing activities including general ledger accounts, balance sheet accounts and overhead cost allocation.
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Enhance and implement financial and accounting systems, processes, tools and control systems
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Serve as a key point of contact for external auditors. Manage preparation and support of all external audits.
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Manage cash flow planning process and ensure funds availability.
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Oversee cash, investments and asset management area.
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Maintain outstanding banking relationships and strategic alliances with vendors and business partners.
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Represent company to banks, financial partners, institutions, investors, public auditors and officials.
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Remain current on audit best practices as well as local laws regarding company operations.
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Mentor and develop a team of two Accounting Assistants, managing work allocation, systems training, performance evaluations, and the building of an effective and efficient team dynamic.
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Oversee weekly cash management, approve large payables, sign cheques, manage bank transfers.
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Supervise Accounts Receivable management and provide guidance relating to the collection process.
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Bachelor’s Degree in Accounting or Finance/ ACCA Qualified.
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MBA Degree would be preferred.
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6 years minimum experience within a CIF and or experience working in a Forex company.
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CySec advanced certificate.
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10+ years total accounting or finance experience.
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Outstanding knowledge and understanding NAMES reporting.
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“Hands On” accounting software experience preferred.
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Outstanding communication and presentation skills.
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Demonstrated leadership ability, confidence and executive presence – ability to motivate staff.
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Excellent analytical, reasoning and problem-solving skills
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Significant experience working with external auditors, internal controls and compliance-related issues.
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Fluency in English and Greek both written and spoken. An additional European language would be advantageous.
Due to the high volume of applications we receive at GRS Recruitment, only shortlisted candidates will be responded to.
To apply for this position, please email your CV to
Elysseos Odesseos, at the following email address
elysseos@grsrecruitment.com quoting the above job reference or call
+357 25 342 720 for further information.