Chief Financial Officer
Our client, one of the biggest retail companies with a vast network of stores, wishes to employ a professional for the position of CFO.

Objective
Leading a team of more than 30 people and reporting directly to the General Manager the CFO will play a pivotal role in driving financial performance, optimizing profitability, and ensuring robust financial controls. This role involves managing financial planning, budgeting, forecasting, and compliance while supporting strategic decision-making for the retail business.

Position’s Duties and Responsibilities
Financial Planning & Analysis (FP&A)

Develop, monitor, and execute financial strategies to support business objectives.
Oversee budgeting, forecasting, and financial modelling to assess business performance.
Analyze financial statements, key performance indicators (KPIs), and operational data to identify trends, risks, and opportunities.
Provide financial insights to senior management for data-driven decision-making.

Accounting & Compliance

Ensure accurate and timely financial reporting in compliance with local regulations and international financial standards (IFRS/GAAP).
Oversee month-end and year-end closing processes, reconciliations, and internal controls.
Coordinate with external auditors, tax authorities, and regulatory bodies to maintain compliance.
Ensure VAT, corporate tax, and other financial obligations are met on time.

Cost Control & Profitability

Optimize cost structures, pricing strategies, and profitability
Monitor operational costs, inventory management, and supply chain efficiency.
Implement cost-saving initiatives without compromising quality or service.

Cash Flow & Treasury Management

Manage cash flow forecasting and liquidity to support business operations.
Oversee relationships with banks, financial institutions, and funding partners.
Ensure effective working capital management, including accounts payable and receivable.

Risk Management & Internal Controls

Implement and maintain strong financial controls to mitigate risks.
Identify potential financial risks and develop risk management strategies.
Ensure adherence to financial policies, procedures, and best practices.

Position’s Requirements

Bachelor’s degree in Finance, Accounting, Economics, or any other related field (Master’s/MBA preferred).
Professional Accounting certification (ACA, ACCA, CPA)
Experience in a similar position with at least 10 years in a managerial role.
Experience in retail, FMCG, or e-commerce industries is highly desirable.

Strong leadership, communication, and stakeholder management abilities.
Ability to work in a fast-paced, high-volume retail environment.
Problem-solving mindset with attention to detail and accuracy.

Employer’s Details
Benefits

14^th salary
Additional Christmas & Easter gift in vouchers
Medical Insurance
Training opportunities
Discounts on Products

Working Hours: Monday – Friday, 8:30 – 17:30

Chief Financial Officer, Limassol - CFO/03/25