Head of Accounts, Larnaca – HOA/09/26
Περιγραφή εργασίας
Head of Accounts, Larnaca – HOA/09/26
The Head of Accounts leads and oversees the day-to-day accounting operations of the company, ensuring accurate financial record-keeping, timely statutory compliance (VAT, VIES, INTRASTAT), reliable financial reporting, and effective management of the accounts team. The role combines hands-on technical accounting expertise with team leadership and cross-departmental coordination within an aviation business environment.
Duties & Responsibilities:
Financial Operations & Accounting:
- Oversee accounts payable/receivable processes, supplier invoice management, and SOA reconciliations.
- Manage petty cash & coordinate bank reconciliations, payment authorizations, and liaison with banks.
- Maintain and update the fixed asset register, process depreciation and disposal entries.
- Oversee monthly provisions (e.g. handling and ground service providers, rerouted flights, and other operational provisions) and ensure accuracy of supplier billing against contract terms.
- Review and process accounting entries for IFRS 16 leases, rent and common expenses, realized and unrealized foreign exchange gains/losses, and suspense account corrections.
- Perform monthly review and correction of balance sheet accounts (prepayments, other receivables, provisions, P&L accounts).
- Coordinate audit adjustments and ensure correct accounting treatment of audit findings.
- Upload and maintain exchange rates and ensure accurate month-end closing procedures.
Tax & Statutory Compliance:
- Prepare and submit monthly VIES declarations within statutory deadlines.
- Prepare, review, and submit periodic VAT returns (via TFA) in line with Cyprus VAT regulations.
- Verify supplier VAT registrations through the VIES system when required.
- Ensure correct transaction coding (VAT code, transaction type, accounting period) across the accounts team's postings prior to VAT period closure.
- Prepare and submit periodic statistical (ICAO, IATA and etc.) and Central Bank reports, and other regulatory statistical submissions.
- Lead, train, and support the accounts team, providing guidance on accounting procedures and correct transaction posting.
- Resolve escalated finance-related queries from other departments.
- Troubleshoot and resolve issues within the accounting system (E-soft or equivalent ERP).
- Establish and maintain clear internal controls and review processes across the accounts function.
- Act as a key point of contact for the CFO on finance operational matters and statutory reporting.
Requirements and Qualifications:
- Bachelor's degree in Accounting, Finance, or a related field.
- Professional accounting qualification (ACCA, ACA, CPA, or equivalent) will be considered an asset.
- Minimum 5-7 years of progressive accounting experience, including at least 2 years in a supervisory or team-lead capacity.
- Proven experience with full-cycle accounting: AP/AR, bank reconciliations, fixed assets, provisions, and month-end/year-end closing.
- Solid hands-on experience with VAT and VIES compliance within Cyprus/EU regulatory frameworks.
- Prior experience in the aviation, travel, or logistics industry is highly desirable.
- Experience working with ERP/accounting systems (E-soft or similar) and statutory e-filing portals (TFA, SisNet).
- Experience with payroll processes and coordination with HR and government/social insurance authorities is a strong advantage.
- Strong working knowledge of IFRS, particularly IFRS 16 (leases).
- Advanced Excel skills, including the ability to review and validate large, complex datasets accurately.
- Solid understanding of foreign exchange accounting (realized/unrealized gains and losses).
- High attention to detail and strong analytical and reconciliation skills.
- Ability to manage multiple deadlines under a demanding, deadline-driven regulatory environment.
- Strong leadership, coaching, and team management skills.
- Excellent communication skills, with the ability to liaise confidently with banks, tax authorities, auditors, and internal departments.
- High level of integrity and discretion when handling sensitive financial information.
- Proactive, solutions-oriented approach to resolving operational and system issues.
- Fluent in English (written and spoken).
- Other languages (Greek, Hebrew, Russian) will be considered an asset.
If you are interested please apply here: https://recruitcrm.io/apply/17895596099780061567yMV
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