Head of Finance

Our client is a boutique real estate and fast-growing development company high-net-worth individuals and private investors across Europe and the UK is looking foran experiencedHead of Financeto lead the financial performance of the companys real estate developments in Cyprus.

Location:Limassol Cyprus
Type:office full-time
Start date: ASAP
About theRole:

The Head of Finance plays a key leadership role in supporting the Companysgrowth by building and managing a robust finance function ensuring effectivefinancial planning reporting and control and acting as a strategic partner to theCEO Board of Directors and shareholders.

Responsibilities:

Financial Planning & Reporting

• Preparation of the Companys annual budget.
• Monthly update of cash flow forecast until the end of the financial year.
• Quarterly update of the Business Case (BC).
• Preparation of monthly management reporting.
• Monitoring budget execution and analysis of variances.

Financial Control & Audit

• Oversight of preparation and results of the annual audit.
• Preparation and coordination of IFRS reporting.
• Communication with external accounting providers on accounting and tax
matters.

Corporate Finance & Funding

• Development of financing approaches together with shareholders and affiliated businesses.
• Structuring financing solutions for the Company.
• Negotiations with banks and financial institutions.
• Preparation of financial models for different business scenarios (includinginvestor presentations).

Board & Management Support

• Preparation of materials for the Board of Directors.
• Preparation of responses and execution of tasks based on Board resolutions.
• Implementation of initiatives and tasks received from the Group level.

Business Performance & Operations

• Development and implementation of KPI framework for key employees.
• Participation in pricing (price list) preparation.
• Cash flow forecasting and monitoring.

Governance & Policies

• Development and implementation of internal financial policies and
  procedures.
• Improvement of financial processes and controls.

Requirements:

• Bachelors degree in Finance Accounting Economics or BusinessAdministration.
• Professional qualification (ACCA ACA CPA CFA or equivalent) is anadvantage.
• Experience in Real Estate Property Development Construction or otherasset-intensive industries is strongly preferred.
• Proven experience supporting real estate development projectsinvestment activities project financing or relatedbusiness environments will be considered a significant advantage
• Relevant experience in finance including budgeting reporting and cash flowmanagement.
• Experience with IFRS reporting and audit processes.
• Experience working with banks investors and external advisors.
• Strong financial modeling skills.
• Advanced Excel skills.
• Fluent English.
• Russian: native or fluent speaker
• Greek will be considered an advantage.

Skills & Competencies:

• Strong analytical and financial modeling skills.
• Business and commercial understanding.
• Attention to detail and accuracy.
• Strong communication and presentation skills.
• Ability to work in a dynamic environment.
• Organizational and time management skills.
• Proactive and solution-oriented mindset.

Key Deliverables:

• Annual Budget.
• Monthly Cash Flow Forecast.
• Quarterly Business Case updates.
• Monthly Management Reporting.
• IFRS Financial Statements.
• Successful completion of annual audit.
• Budget variance analysis.
• KPI framework implementation.
• Board reporting materials.
• Financial models for business scenarios.
• Financing structure and bank relationships.
• Internal financial policies and procedures.