Our client, a group of companies operating in the industry of Hotel Management, is looking to employ a Chief Financial Officer for the Group, based at Pafos
Reporting directly to the Group’s CEO and owner the job holder main responsibilities will focus on the following areas:
Strategic Financial Leadership
- Develop and oversee the group’s financial strategy to ensure long-term sustainability and profitability.
- Provide financial insights and recommendations to the executive team to drive decision-making and improve profitability.
Financial Planning & Analysis
- Oversee budgeting, forecasting, and financial planning processes for each company within the group.
- Analyze financial performance across all companies and identify opportunities for cost-saving or revenue growth.
Accounting & Reporting
- Supervise the preparation of accurate financial accounts for each company in the group.
- Ensure compliance with accounting standards, tax regulations, and internal policies.
- Oversee the preparation and submission of VAT, tax returns, and other statutory reports.
Transaction Management
- Monitor and control financial transactions across all companies, ensuring accuracy and timeliness.
- Implement and maintain systems for tracking and managing transactions effectively.
Compliance & Risk Management
- Ensure compliance with local and international financial regulations, including VAT and corporate tax requirements.
- Coordinate with external auditors for regular audits and ensure timely resolution of any findings.
Cash Flow & Liquidity Management
- Monitor the cash flow of each company and the overall group to maintain liquidity.
- Manage inter-company transactions and fund allocations.
Banking & Investor Relations
- Establish and maintain relationships with banks, negotiating terms for loans, credit lines, and other financial services.
- Represent the group in discussions with financial institutions and investors.
Additional Responsibilities
- Support M&A activities, if applicable, including due diligence and financial integration of acquired entities.
- Handle ad-hoc financial analysis and reporting requests from the executive team or board.
Position's Requirements
- Bachelor’s degree in Accounting, Finance, Economics, or a related field (required).
- Professional Qualification in Accounting (ACA, ACCA,CPA or equivalent
- Proven experience as a CFO, Finance Director, or senior financial leadership role for (at least 5 years in similar role)
- Extensive experience in the hospitality or hotel industry (mandatory).
- Expertise in managing multi-entity organizations or corporate groups with decentralized accounts.
- Strategic Thinking
- Leadership & Communication
- Problem-Solving
- Attention to Detail
- Adaptability
- Negotiation Skills
Attractive compensation package ranging from 65.000€ to 80.000€ gross annually plus travelling allowance or accommodation allowance.
