Position Title: Chief Accounting Officer – Single Family Office
Department: Finance & Accounting
Location: Cyprus, Nicosia
Reports To: Senior Management
Employment Type: Full-time
Salary Range: Competitive salary based on qualifications and experience. To be discussed during the interview process.
Position Overview:
We are seeking an experienced and highly skilled Chief Accounting Officer (CAO) to oversee and manage the financial and accounting operations for a growing Single Family Office based in Cyprus. The CAO will be responsible for maintaining accurate financial records, ensuring compliance with accounting standards, providing strategic financial insights, and leading the overall financial planning and operations. This leadership role offers a unique opportunity for an experienced finance professional to play a key role in shaping the financial strategies of a prominent Family Office.
The ideal candidate will have a strong background in financial management and accounting, with substantial experience in handling complex financial structures, including corporate and investment-related transactions. Fluency in English is essential, while knowledge of Greek or Russian is an added advantage. A background in Big 4 or similar environments, coupled with operational company expertise, is highly valued.
Key Responsibilities:
Accounting Leadership:
- Oversee and manage all accounting processes within the Family Office, ensuring compliance with IFRS and other relevant financial standards.
- Maintain accurate, up-to-date financial records, including managing daily bank reconciliations and payment tracking.
- Lead the preparation of comprehensive financial statements and reports for senior management and external stakeholders.
Budgeting:
- Develop, monitor, and update annual budgets, cash flow forecasts, and long-term financial strategies.
Compliance and Audit:
- Ensure the timely and accurate filing of tax returns and adherence to both corporate and individual tax regulations.
- Serve as the primary point of contact for external auditors, ensuring accurate preparation of audited financial statements.
- Supervise the internal compliance functions and risk controls to minimize financial and operational risks.
Systems and Technology:
- Leverage Microsoft Dynamics, PowerBI, and other ERP systems to streamline processes and improve reporting accuracy.
- Lead the implementation of innovative technology solutions that enhance financial operations and reporting.
Team Leadership and Collaboration:
- Lead, mentor, and manage a small team of accounting professionals, fostering a culture of excellence and continuous improvement.
- Collaborate with cross-functional teams, including investments, operations, and governance, to support the broader objectives of the Family Office.
Qualifications:
Education & Certifications:
- A Bachelor’s Degree in Accounting, Finance, or a related field (e.g., Economics).
- Professional certifications such as ACCA, CPA, or CFA are strongly preferred.
Experience:
- At least 7-10 years of professional experience, with a mix of Big 4 audit and operational company experience.
- Proven expertise in managing accounting operations for complex financial instruments and investments in capital markets.
Skills and Competencies:
- Advanced proficiency in IFRS, financial modeling, and Excel (e.g., complex formulas, pivot tables).
- Experience with Microsoft Dynamics and PowerBI is essential.
- Strong understanding of taxation principles for corporate and individual entities.
- Highly organized, proactive, and capable of managing multiple priorities under tight deadlines.
- Exceptional analytical and problem-solving skills, with a strategic mindset.
- Strong communication and interpersonal skills, with fluency in English (Greek or Russian is a plus).
- Flexible, adaptable, and technologically savvy, with a keen interest in leveraging technology to improve financial processes.
Benefits:
- Competitive salary and performance-based bonuses.
- Opportunities for professional development and career advancement.
- Collaborative and dynamic work environment within a growing Family Office.
- Great office space