CareerFinders, on behalf of our client, a rapidly expanding provider of cutting-edge Payment Solutions, we are seeking to recruit a Finance Director to join their growing team based in Paphos. The successful applicant will take overall responsibility for our client’s finance function, including managing and supervising less experienced members of the team, overseeing the preparation of all financial reports, including management accounts, financial statements and tax returns, as well as studying short and long terms economic trends and patterns that may impact the business. Our client is seeking applicants who are educated to degree level in Accounting, Finance, Economics or related fields and holders of relevant accounting qualifications (ACA, ACCA, CPA) are encouraged to apply. You will need to possess in excess of 10 years of relevant experience in senior-level accounting and finance positions and any previous experience working in the payments industry will be considered an advantage, but not essential.

Key Duties/Responsibilities:

• Ensure all accounts are reconciled daily, breaks are understood, and action are taken to resolve within given deadlines.
• Drive a client-focused mindset across the team and manage unapplied and overdue debits to mitigate negative impact.
• Manage and supervise the Finance team, empowering it to consistently eliminate waste, create efficiency in processes and motivate drive for constant improvement.
• Develop and execute a reconciliation strategy to align with business requirements and implement change as required.
• Work with client and network partner teams to ensure reconciliation can add value and support onboarding of new clients and routes.
• Design and implement new processes, procedures and controls, ensuring accuracy of records.
• Implement automations in processes between banks, merchants and vendors.
• Develop working knowledge of industry practices and standards.
• Ensure cash flow is appropriate for the organisation’s operations.
• Manage vendor relationships with external parties, including clients, banks and auditors.
• Direct the preparation of all financial reports, including management accounts, financial statements and tax returns.
• Prepare reliable current and forecasting reports.
• Study long-range economic trends and projects their impact on future growth in sales and market share.
• Identify opportunities for expansion into new product areas.
• Review planning process and suggests improvements to current methods.

Key Skills/Experience:

• BSc/BA in Accounting, Finance, Economics or other relevant field, MSc/MBA or a professional qualification (ACA, CPA, ACCA) is an advantage.
• More than 10 years in roles of responsibility within Finance/Accounting Department, such as Head, Manager, Director positions.
• In depth knowledge of accounting and reconciliation practices.
• Excellent knowledge of data analysis and forecasting methods.
• Proficient in the use of financial management software.
• Experience in defining and implementing controls.
• Proven experience in setting up and managing a team.
• Previous experience working within PSP/card payments industry would be considered an advantage.
• Strong leadership and organisational skills.
• Ability to quickly adapt to a changing dynamic environment.
• Strong problem-solving skills and demonstrated ability to take initiative and critically analyse.
• Excellent analytical skills with attention to detail and critical thinking.
• Ability to engage, motivate and inspire a team.
• Excellent written and verbal communication skills in English, other languages would be considered an advantage.

Key Benefits:

• A highly competitive salary package.
• A modern and spacious office located in Paphos, Cyprus.
• A well-stocked kitchen offering a variety of snacks, beverages and fresh fruits.
• A youthful and dynamic working environment.
• Team-building activities.
• Continuous opportunities for professional growth and career development.

To apply for this vacancy, please send your CV, along with any covering letter to jobs@careerfinders.com.cyquoting the reference number CAR7119. 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.