Senior Accountant

icon Limassol
icon Accounting & Audit



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On behalf of our Client, a well-established research center with international operations, GRS are seeking to recruit a Senior Accountant in Limassol. The successful candidate will lead and/or assist the Accounting Manager in all aspects of accounting. If you have the necessary skills and experience, then GRS are looking forward to receiving your CV for this Limassol based Senior Accountant position.
  • Lead and/or assist the Accounting Manager in all aspects of accounting including month end closing process (running depreciation, management of all Payroll including recording of international payroll in SAP and updating of national staff’s severance provision), quarterly cash flow projections as assigned, and annual financial management accounts/statements for the Managing Director
  • Support or oversee the month end closing process of Balance sheet management, including clearing prepaid and Accrual items, Accounts Receivables, Accounts Payable, Staff Advance, and Inter-Company accounts (calculate prorated shared costs and assign cost centers where applicable)
  • Under the guidance and instruction of the Accounting Manager, review all vouchers including payments, receipts, and liquidation transactions and journal vouchers prepared by the Bookkeeping Clerk
  • Ensure Tax/VAT compliance to local law in the country of Cyprus
  • Oversees internal and external audits (financial and sales/use tax), including preparation of audit schedules and support in collaboration with the Accounting Manager
  • Manage bookkeepers (and junior accountants when applicable), review work for timeliness and accuracy, assess performance annually, and identify opportunities for professional learning and general quality improvement
  • Oversee preparation of invoices and payment requests to clients
  • Act as focal point for Bank Account Managers; draft and deliver compliance and due-diligence paperwork
  • Review expense reports and supporting documentation for accuracy and completeness before payment
  • Act as focal point for consultants with respect to payments; understand specific consultant concerns and adjust payment modality as necessary
  • Calculate payroll for Cyprus-based staff; oversee and review consultant invoices and timesheets for accuracy
  • Prepare budget vs. actual and cashflow reports; act as focal point for Middle East, North Africa, and Europe-focused projects; coordinate with Project Managers to update and amend budgets as needed
  • Learn grant and service contract conditions and ensure compliance with donor and client rules regarding spending, amendments, and allocations
  • Act as an authorized bank signatory and focal point with the Managing Director; initiate monthly payroll payments to staff and consultants
  • Drive improvements to the internal accounting processes through automation, improved accuracy, and efficiency
  • Minimum 6 years of accounting experience preferably with 1-2 years of public accounting
  • Bachelor’s degree in Accounting
  • Qualified ACCA/ACA
  • Experience performing and reviewing balance sheet account reconciliations
  • Process improvement mindset leveraging information systems
  • Strong analytical/problem-solving skills, with outstanding attention to detail and excellent organizational skills
  • Strong communication and interpersonal skills with the ability to interact with and support the rest of the team
  • Proficiency with Microsoft Excel, and SAP is required
  • Working knowledge in Russian Language is an advantage
  • Attractive remuneration package
  • Medical
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 Charalambos Iasonos, quoting the above job reference or call +357 25 342 720 for further information.


Job Summary
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    28 November 2022
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  • 4312
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