Location: Limassol
Industry: Forex
Job description:
The Chief Financial Officer (CFO) is a strategic executive who will provide leadership and direction for all financial, reporting and accounting activities of the organization. The CFO will play a critical role in driving the company's financial strategy, optimizing its financial performance, and ensuring compliance with relevant regulations. The ideal candidate will possess strong financial acumen, exceptional leadership skills, and the ability to collaborate effectively with cross-functional teams.
Duties and Responsibilities:
- Develop and implement the company's financial strategy, aligning with overall business objectives.
- Create and manage comprehensive budgets, forecasts, and financial models to support strategic decision-making.
- Identify opportunities for cost optimization and revenue enhancement.
- Prepare accurate and timely financial reports for internal and external stakeholders.
- Provide insightful financial analysis to the executive team and the board of directors.
- Monitor key financial metrics and performance indicators to assess the company's financial health.
- Monitor changes in regulatory requirements and proactively adjust reporting processes to ensure continued adherence.
- Prepare and submit daily, monthly, quarterly, and annual reports to CySEC as per regulatory requirements for CFD companies
- Collect required data from various departments including trading, risk management, finance, compliance etc. to include in the regulatory reports
- Ensure all report submissions are accurate, complete, and made within the stipulated deadlines
- Stay up to date on any regulatory reporting changes or new requirements from CySEC and ensure ongoing compliance
- Identify and assess financial risks and implement strategies to mitigate them.
- Ensure compliance with financial regulations, accounting standards, and tax requirements.
- Implement internal controls and processes to safeguard company assets.
- Manage cash flow and liquidity, optimizing the allocation of financial resources.
- Oversee banking relationships, investment strategies, and debt financing.
- Preparing budgets and forecasts.
- Build and lead a high-performing finance team, providing guidance and mentorship.
Job specification:
- Bachelor's degree in Finance, Accounting, Business, or a related field (Master's degree preferred).
- ACCA or ACA qualification.
- 3 years of experience as a CFO
- Excellent analytical, problem-solving skills
- Great attention to detail
- Fluency in English, verbal, and writing
- Prior Experience in a CIF an advantage.
- Strong knowledge of financial and accounting principles, regulations, and best practices.
- Effective communication and interpersonal abilities.
- Eligibility to work in Cyprus.
Benefits:
- Competitive remuneration package
- Health insurance
- Educational budget
- Provident fund
- Everyday free Lunch
- Gym reimbursement