Senior Accountant

Posted 20 Hours Ago
Be an Early Applicant
Limassol
Mid level
eCommerce • Fintech • Payments
The Role
The Senior Accountant will be responsible for full-cycle bookkeeping, managing accounts payable/receivable, payroll processing, tax return preparation, and maintaining compliance with financial regulations. They will collaborate with external auditors, tax authorities, and ensure timely submission of financial reports. A strong understanding of VAT and payroll laws in Cyprus is required.
Summary Generated by Built In

WHAT YOU'LL BE WORKING ON:
Accounting&payments:

  • Full-cycling bookkeeping for several companies in СY jurisdictions on daily basis, including accounting for one entity with employees;
  • Complete accounting cycle management, including accounts payable and receivable, month-end closings, and reconciliation processes;
  • Organize and execute company payments effectively, including bank transfers;
  • Maintain control over bank balances and transactions, verifying bank statements;
  • Ensure compliance with accounting standards and liaise with external auditors for annual audits; 
  • Ensure the books and financial statements are audited in a timely manner;
  • Liaising with company’s bankers;
  • Preparation of monthly and annual management accounts and financial reports;
  • Close collaboration with the legal department for document processing and responses to external inquiries.

Payroll:

  • Oversee full payroll process for employees in Cyprus, including onboarding payroll setup for new hires and offboarding;
  • Calculate payroll, including deductions, benefits, overtime, vacation, and sick leave
  • Submit related payroll documents to Social Insurance, Tax Office, and other government authorities;
  • Ensure compliance with social insurance and PAYE laws, any other tax requirements and benefits administration;
  • Monitor and implement changes in payroll regulations, collaborating closely with HR on employee payroll matters;
  • Address payroll discrepancies and resolve employees’ payroll inquiries;

Taxes&Reporting:

  • Preparation of various tax return and other forms in accordance with the legislation of Republic of Cyprus;
  • Ensure timely submission and compliance with VAT and Tax returns, including provisional tax payments;
  • Liaise with tax authorities, and other external bodies as needed, addressing tax-related inquiries;
  • Consult the Company's Management on accounting and tax matters.

WHAT YOU NEED TO SUCCEED IN THIS ROLE:

  • 3-5 years of experience as an accountant with payroll duties in Cyprus, with proven experience in payroll management for at least 3 years;
  • Bachelor's degree in accounting, finance, or a relevant field;
  • Strong knowledge of tax benefits under “first employment” tax benefit program;
  • Strong understanding of financial regulations, VAT, and tax compliance
  • Proficiency in accounting software (1C Enterprise is preferable);
  • Good knowledge of Microsoft Excel, Google Sheets;
  • ACA, ACCA partly/fully qualified will be considered as an advantage;
  • Fluency in Russian and English (written and spoken) is essential, Greek will be considered as an advantage.
  • Previous experience in the FinTech, IT industry will be considered as an advantage.

WHAT WE OFFER

  • An opportunity to make something great even greater, you can be the reason why we grow, develop, and become the best fintech company on the market!
  • Career prospects - we are young, we have huge ambitions, and it is important that our employees grow with us 
  • Work with coworkers who are passionate about their business;
  • Compensation that will fully correspond to the competence and knowledge, with yearly performance reviews
  • The opportunity to attend conferences, courses, and professional development at the company's expense - we favor the continuous development of our employees;
  • Private health insurance coverage; 
  • 20 days of vacation time; Bank holidays; Sick leaves; Additional birthday day off; 
  • Team building events and corporate parties.

You can find out more about our team, our values, and the unique ways we celebrate our successes here: https://fyst.com/culture 

Top Skills

Accounting Software
Excel
The Company
Riga
83 Employees
On-site Workplace
Year Founded: 2022

What We Do

FYST [faist] is a one-stop tech, payments and technology consultancy for eCommerce and FinTech businesses. It empowers entrepreneurs with a unique mix of agile technical payments capabilities, payment technologies guidance, regulatory compliance, and AML advisory services from its team of payment and banking industry leaders. Focused on technological excellence FYST offers clients a full scope of integration and software advisory, complemented by in-house payment gateways development. Designed to help businesses navigate the fast-growing cross-border eCommerce market, FYST brings together leading fintech innovators under one brand, combining unparalleled technical ingenuity, and tailored advice to help fledgling businesses successfully scale up, and receive access to more than 70 global payment methods via the network of partners.

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