Associate-Financial Control – An organization that acquires, develops and operates hotels in Europe – Nicosia, Cyprus 20 views

Job Overview

The Client: 

Our client, an organization headquartered in Nicosia, that acquires, develops and operates hotels in Europe is seeking to fulfill the position of Associate-Financial Control.


Duties and Responsibilities: 

1. Administration

  • Be responsible for the preparation of payments and the verification of supporting documentation, ensuring proper approvals
  • Ensure the proper filing and documentation of financial documents
  • Liaise with lawyers, bankers, and other external parties for matters pertaining to opening bank accounts, certificates’ preparation, etc.

2. Accounting

  • Collaborate with accounting teams across multiple cities to ensure the accuracy and timely reporting of financial records
  • Cooperate efficiently with all relevant departments to provide their invoices and all the contracts on time
  • Maintain a complete set of books, prepare journals and post entries, keep records of accounts and verify procedures used for recording financial transactions
  • Process bank cash receipts and allocate them to invoices
  • Reconcile bank accounts and assist in all the month-end and year-end closing procedures

3. Financial Reporting

  • Maintain various analyses required for financial reporting such as flow of funds schedule, intragroup loan schedules, etc.
  • As required, generate financial reports and statements, including balance sheets & income statements
  • Maintain cash reports and support budgeting and forecasting activities for all the companies of the group
  • Assist in coordinating and preparing for external audits and regulatory examinations.
  • Support other ad-hoc reporting requirements

4. Taxation and Strategy

  • Oversee tax compliance efforts, including the preparation and submission of tax returns, ensuring accuracy, and meeting filing deadlines across multiple cities
  • Assist in the preparation of documentation of the organisation’s tax strategy and policies
  • Ensure that intercompany transactions adhere to transfer pricing regulations and align with the company’s overall tax strategy
  • Conduct research on tax laws and regulations to stay updated on changes


Skills/ Qualifications/ Experience: 

  • Bachelor’s degree in accounting and finance, economics, or another related field
  • ACCA/ACA Qualified or Part Qualified is not a prerequisite
  • Strong computer skills with strengths in Microsoft Office products. Proficiency with Microsoft Excel/Word is essential
  • Strong attention to detail and accuracy, with the ability to analyse data and identify discrepancies.
  • Well-organised and able to prioritise and comply with deadlines.
  • Professional fluency in English, both written and oral.
  • Proactive attitude and ability to work independently and as part of a team.


Location:  The position is for the Company’s headquarters in Nicosia, Cyprus


Remuneration: An attractive remuneration package will be offered to the successful candidate based to qualifications and experience.



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