Head of Finance (7526)

Full Time @CareerFinders Recruitment Services Ltd. in Finance
  • Limassol View on Map
  • Post Date : May 10, 2024
  • Apply Before : June 10, 2024
  • Salary: Negotiable
  • 0 Application(s)
  • View(s) 43
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Job Detail

  • Job ID 25871

Job Description

CareerFinders, on behalf of our client, an award-winning multi-licenced broker with global operations, we are seeking to recruit a Head of Finance to join their growing team based in Limassol. As The Head of Finance you will primarily be responsible for our client’s financial control, financial planning, data analysis, and reporting. The role involves monitoring actual results vs. targets/budgets and reporting closely to Senior Management. Leading a growing Accounting & Finance Team, our client is seeking applicants who are ideally educated to degree level in Accounting, Finance, Economics, Business Administration or another relevant field, who possess in excess of 5+ years of proven finance experience with excellent knowledge of International Financial Reporting Standards. Holders of any professional accounting qualifications are encouraged to apply, and the CFA qualification is desirable. A highly attractive remuneration and benefits package is on offer, based on skills and experience.

Key Duties/Responsibilities:

  • Participate in formulating the Company’s Budget in coordination with the CFO and different departments and present the Budget to executive-level Management.
  • Monitor and recommend on action plans to enhance Actual to Budget results and communicate and implement procedures that reduce costs.
  • Provide creative alternatives and recommendations to reduce costs and improve financial performance.
  • Manage the capital request and budgeting processes and reporting.
  • Assemble and summarize data to structure sophisticated reports on financial status and risks.
  • Participate in developing financial and tax strategies and plans in coordination with the CFO.
  • Manage the financial planning and analysis process and report key figures to the CFO and executive-level Management on a monthly basis or as needed.
  • Conduct business studies on past, future and comparative performance and develop forecast models.
  • Monitor Cash balances and Cash forecasts to ensure adequate funding of operations and projects (Local and Foreign Currency Cash/Bank Accounts vs. Local and Foreign Currency Obligations to Clients/Suppliers) in coordination with the CFO.
  • Complete Counterparties and Banks Financial Assessments and Due Diligences.
  • Review Incentive Computations.
  • Monitor Targets/KPIs of revenue generating functions and highlight and address deficiencies and shortcomings as and when needed.
  • Evaluate and assess profitability and business activities of existing products and services and address deficiencies with the concerned departments (Sales, Dealing, Middle Office, Risk, and executive-level Management).
  • Revise Annual Statutory Financial Statements and report to the CFO on findings.
  • Maintain proper banking relationships.

Key Skills/Experience:

  • Bachelor degree in Business Administration, Accounting, Finance, Economics or another relevant field.
  • Masters and/or CFA Certification is a plus.
  • Members of recognised accounting bodies (ACA, ACCA, CPA) are encouraged to apply.
  • In excess of 5+ years of proven experience in Finance is essential.
  • Excellent command of International Financial Reporting Standards.
  • Experience in financial intermediary firms.
  • Microsoft Office skills with very high proficiency in MS Excel.
  • Excellent organizational and interpersonal skills.
  • Excellent analytical and critical thinking.
  • Leadership and team management skills.
  • Ability to work under pressure and meet deadlines.
  • Ability to gather and dissect financial data.
  • Attention to detail and the ability to identify data patterns.
  • Strong financial modelling experience.
  • Excellent verbal and written communication and presentation skills.
  • Ability to comfortably interact with executive-level Management.

To apply for this vacancy, please send your CV, along with any covering letter to [email protected] quoting the reference number CX7526. Please note that due to the high volumes of applications received only shortlisted applicants will be responded to. By sending us your CV you are giving CareerFinders your consent to be contacted for this and any other suitable vacancies that we believe match your skills and experience. To view our privacy policy, please click www.careerfinders.com.cy/privacy-policy.