Head of Finance

Posted 3 Days Ago
Be an Early Applicant
Hiring Remotely in Cyprus
Remote
Senior level
eCommerce • Fintech • Payments
The Role
The Head of Finance oversees financial strategy, reporting, and operational efficiency, managing various finance teams and ensuring compliance with financial regulations.
Summary Generated by Built In
ABOUT THE ROLE
We are looking for an experienced Head of Finance with a strong understanding of Cyprus financial and tax legislation to oversee the company’s financial strategy, reporting, and operational efficiency. The ideal candidate will combine technical accounting expertise with strategic financial leadership, supporting both day-to-day operations and long-term business planning, and will be managing Finance, Treasury, Reconciliation, and Analytics Depts. 
WHAT YOU'LL BE WORKING ON
  • Lead the consolidation of financial statements (P&L, Balance Sheet, Cash Flow) across all entities within the holding structure.
  • Manage financial and management accounting, ensuring accuracy and compliance with Cypriot and international standards (IFRS).
  • Manage and coordinate the annual audit process with external auditors in Cyprus.
  • Drive the implementation and transition to a new accounting/reporting system, including automation and optimization of financial processes.
  • Manage tax planning in alignment with corporate goals and local regulations.
  • Develop and maintain internal controls, financial policies, and procedures to support business growth.
  • Supervise and guide local finance teams across different entities to ensure consistency and high quality of financial data. 

WHAT YOU NEED TO SUCCEED IN THIS ROLE
  • Proven experience in a senior finance or accounting role within fintech, payments, or high-transaction-volume industries
  • Strong knowledge of Cyprus accounting, tax, and regulatory frameworks.
  • Expertise in audit coordination, financial reporting systems, and automation tools.
  • Solid understanding of revenue models based on payment flows, commissions, and transactional income.
  • Excellent analytical and communication skills; ability to present financial insights to the Board.
  • Professional qualification (ACCA, ACA, or equivalent) is a strong advantage.
  • Fluency in Russian and English.
 

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
  • Hybrid or remote type of work 
  • 20 days of vacation time; bank holidays; Sick leaves; Additional birthday day off

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

Skills Required

  • Proven experience in a senior finance or accounting role
  • Strong knowledge of Cyprus accounting, tax, and regulatory frameworks
  • Expertise in audit coordination, financial reporting systems, and automation tools
  • Professional qualification (ACCA, ACA, or equivalent) is a strong advantage
  • Fluency in Russian and English
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The Company
Riga
83 Employees
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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