GRS Recruitment is pleased to partner with a leading Aviation company based in Larnaca, to find a dedicated Head of Accounts. The Head of Accounts leads and oversees the day-to-day accounting operations of the company, ensuring accurate financial record-keeping, timely statutory compliance (VAT, VIES, INTRASTAT), reliable financial reporting, and effective management of the accounts team. The role combines hands-on technical accounting expertise with team leadership and cross-departmental coordination within an aviation business environment. If you feel you have the necessary skills, please apply today.
MAIN DUTIES AND RESPONSIBILITIES
- Oversee accounts payable/receivable processes, supplier invoice management, and SOA reconciliations.
- Manage petty cash & coordinate bank reconciliations, payment authorizations, and liaison with banks.
- Maintain and update the fixed asset register, process depreciation and disposal entries.
- Oversee monthly provisions (e.g. handling and ground service providers, rerouted flights, and other operational provisions) and ensure accuracy of supplier billing against contract terms.
- Review and process accounting entries for IFRS 16 leases, rent and common expenses, realized and unrealized foreign exchange gains/losses, and suspense account corrections.
- Perform monthly review and correction of balance sheet accounts (prepayments, other receivables, provisions, P&L accounts).
- Coordinate audit adjustments and ensure correct accounting treatment of audit findings.
- Upload and maintain exchange rates and ensure accurate month-end closing procedures.
- Prepare and submit monthly VIES declarations within statutory deadlines.
- Prepare, review, and submit periodic VAT returns (via TFA) in line with Cyprus VAT regulations.
- Verify supplier VAT registrations through the VIES system when required.
- Ensure correct transaction coding (VAT code, transaction type, accounting period) across the accounts team's postings prior to VAT period closure.
- Prepare and submit periodic statistical (ICAO, IATA and etc.) and Central Bank reports, and other regulatory statistical submissions.
- Lead, train, and support the accounts team, providing guidance on accounting procedures and correct transaction posting.
- Resolve escalated finance-related queries from other departments.
- Troubleshoot and resolve issues within the accounting system (E-soft or equivalent ERP).
- Establish and maintain clear internal controls and review processes across the accounts function.
- Act as a key point of contact for the CFO on finance operational matters and statutory reporting.
CANDIDATE PROFILE
- Bachelor's degree in Accounting, Finance, or a related field.
- Professional accounting qualification (ACCA, ACA, CPA, or equivalent) will be considered an asset.
- Minimum 5-7 years of progressive accounting experience, including at least 2 years in a supervisory or team-lead capacity.
- Proven experience with full-cycle accounting: AP/AR, bank reconciliations, fixed assets, provisions, and month-end/year-end closing.
- Solid hands-on experience with VAT and VIES compliance within Cyprus/EU regulatory frameworks.
- Prior experience in the aviation, travel, or logistics industry is highly desirable.
- Experience working with ERP/accounting systems (E-soft or similar) and statutory e-filing portals (TFA, SisNet).
- Experience with payroll processes and coordination with HR and government/social insurance authorities is a strong advantage.
- Strong working knowledge of IFRS, particularly IFRS 16 (leases).
- Advanced Excel skills, including the ability to review and validate large, complex datasets accurately.
- Solid understanding of foreign exchange accounting (realized/unrealized gains and losses).
- High attention to detail and strong analytical and reconciliation skills.
- Ability to manage multiple deadlines under a demanding, deadline-driven regulatory environment.
- Strong leadership, coaching, and team management skills.
- Excellent communication skills, with the ability to liaise confidently with banks, tax authorities, auditors, and internal departments.
- High level of integrity and discretion when handling sensitive financial information.
- Proactive, solutions-oriented approach to resolving operational and system issues.
- Fluent in English (written and spoken).
- Other languages (Greek, Hebrew, Russian) will be considered an asset.
SALARY AND BENEFITS
- €36,000 – €42,000 Gross Per Annum
- Salary will be determined based on experience, qualifications, and skills. The advertised salary range is indicative, any offer will reflect the successful candidate’s suitability
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
Kristina Razorenova, kristina@grsrecruitment.com quoting the above job reference or call +357 25 342 730 for further information.