Deputy Chief Financial Officer (CFO) / Senior Financial Controller
Job Description
University of Limassol seeks an experienced and strategic finance professional to join our Finance function as Deputy Chief Financial Officer (CFO) / Senior Financial Controller. Reporting directly to the CFO, the successful candidate will play a key role in overseeing the organisation's financial operations, ensuring robust financial controls, supporting strategic decision-making, and contributing to the long-term financial sustainability of the organisation.
Key Responsibilities
The successful candidate, reporting to the CFO, will:
• Support the implementation of the organisation's financial strategy and the achievement of its financial objectives.
• Oversee day-to-day financial operations, including accounting, cash management, budgeting, financial reporting, and internal controls.
• Coordinate the preparation of annual operating and capital budgets and monitor performance against approved budgets.
• Ensure cash flow is effectively managed to support operational requirements.
• Prepare accurate and timely financial reports, management accounts, and analyses for the CFO, CEO, and University Council.
• Monitor financial performance using appropriate reporting tools, identify variances, recommend corrective actions, and analyse budget overruns.
• Liaise with management to ensure financial reporting meets organisational and operational requirements.
• Oversee statutory financial reporting, audit preparation, regulatory compliance, and relationships with external auditors.
• Support the continuous improvement of financial systems, reporting processes, data analytics, and finance-related technology initiatives.
• Build and mentor a high-performance finance team; partner with academic and administrative leaders.
Requirements
• Bachelor's degree
• ACA or ACCA qualification*
• At least 5 years' experience in a senior finance leadership role, such as Financial Controller, Deputy CFO, Senior Finance Manager, or equivalent. Experience in a similar organisation will be considered a strong advantage
• Excellent leadership skills and personal integrity
• Exceptional verbal, written, and visual communication skills in both Greek and English
• Experience of liaising with auditors in respect of year-end accounts
• Work on own initiative and highly motivated
• Professional attitude and appropriate work ethic
• Good level of proficiency with MS Office applications including PowerPoint
* Candidates without an ACA or ACCA qualification but with a strong, demonstrable track record in the field, particularly within a higher education institution, will also be considered.
Applications
If you believe you are a suitable candidate, we would be pleased to hear from you. Please click here to submit your application.
Applications Deadline: 24 August 2026
All applications will be handled with the utmost confidentiality. Only shortlisted candidates will be contacted.
How to Apply
https://www.uol.ac.cy/en/career/deputy-chief-financial-officer/
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About Company
University of Limassol
Our Story
In the rich tapestry of Cyprus’ educational landscape, the University of Limassol (UoL) shines as a new beacon of knowledge and innovation, building on the esteemed foundations of the Cyprus International Institute of Management (CIIM). This transformation represents not merely a change in name but a profound evolution of the institution’s commitment to academic excellence and societal impact.
A Legacy of Excellence
Founded in 1990 as CIIM, UoL carries a proud legacy as a distinguished business school, shaping the futures of over 2,000 Cypriot and international graduates. For more than three decades, it has championed critical thinking, creativity, and values-driven education, offering renowned programs such as the EFMD-accredited MBA and specialized degrees in business intelligence, data analytics, and beyond.
In 2019, CIIM embarked on an ambitious journey to expand its scope and redefine its role as a comprehensive university. Despite challenges, including the global pandemic, the institution’s resilience and forward-thinking vision culminated in its transformation into the University of Limassol by 2023. Today, UoL is a trailblazer in higher education, equipping students for thriving careers and active citizenship in a globalized, technology-driven world.
Recognizing CIIM’s successful 30-year legacy and its gradual expansion into fields such as computer science, technology, economics, and finance, CIIM Innovations Ltd. formally applied for university status. Following a rigorous evaluation by the Cyprus Agency of Quality Assurance and Accreditation in Higher Education (CYQAA), CIIM was officially upgraded to the University of Limassol, with operations commencing on the 1st of September 2023.
True to its motto, “Ever Evolving,” UoL embodies a spirit of continual growth and reinvention. Its mission is to serve as a hub of academic excellence, innovation, and societal progress. The university embraces the challenges of a rapidly changing world, striving to inspire students to make a meaningful difference.
Through its diverse programs—including undergraduate, graduate, and doctoral degrees—UoL addresses the dynamic needs of both Cyprus’ and the global job market. These programs emphasize cutting-edge technical expertise, green and digital competencies, and the adaptability to thrive in an environmentally sustainable and tech-driven global economy.
Campus & Facilities
Limassol Campus 1: 92, Agias Fylaxeos Street, 3025 (opposite the Lanition Gymnasium)
Limassol Campus 2: 3-5 Chaidariou street, 3020
Nicosia Campus: Glafkos Clerides Avenue, Aglantzia, 2107
The Palodia campus, an architectural gem with a vision of sustainability, will serve as a hub for innovation, research, and academic excellence, solidifying UoL’s commitment to a greener, forward-thinking future.
Academic Excellence
At UoL, student success is at the heart of every initiative. The university invests significantly in pioneering research and a distinguished academic faculty, many of whom bring expertise from prestigious institutions such as Harvard, Yale, Stanford, Columbia, Cambridge, and UCL. This commitment ensures that students receive world-class education and mentorship, preparing them to excel in an ever-changing global landscape.