Head of Finance

About the Role

Day-to-day, the Head of Finance will be responsible for leading the consolidation of financial statements across all entities within the holding structure, managing financial and management accounting, and ensuring compliance with international standards. This role involves working closely with external auditors, driving the implementation of new accounting and reporting systems, and developing internal controls and financial policies to support business expansion.

The Head of Finance will be part of a dynamic team and will report directly to the senior management. The ability to communicate complex financial insights effectively to the Board and other stakeholders is crucial. Given the company's ambitious growth plans, the Head of Finance will need to be adaptable, strategic, and able to lead by example.

What You Will Do

• Lead the consolidation of financial statements (P&L, Balance Sheet, Cash Flow) across all entities within the holding structure.
• Manage financial and management accounting to ensure accuracy and compliance with Cypriot and international standards (IFRS).
• 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.
• Analyze financial data and provide insights to support strategic business decisions.
• Liaise with other departments to ensure alignment with business objectives.

What We Are Looking For

• Proven experience in a senior finance or accounting role, preferably 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.
• Ability to lead and manage finance teams.
• Experience with financial analysis and planning.

Nice to Have

• Experience with accounting software and financial management systems.
• Knowledge of international financial reporting standards.
• Certification in financial planning or analysis.
• Experience in a remote or hybrid work environment.

Benefits and Perks

• Opportunity to work with a young and ambitious company with huge growth potential.
• Career prospects and professional development opportunities.
• Competitive compensation package.
• Hybrid or remote work arrangement.
• 20 days of vacation time, bank holidays, sick leaves, and an additional birthday day off.
• Access to conferences, courses, and professional development at the company's expense.
• Opportunity to be part of a dynamic and passionate team.
• Continuous development and growth opportunities within the company.

• Tailor your CV: Highlight your experience in finance, especially in fintech, payments, or similar industries, and ensure your understanding of financial and tax legislation is clear.
• Prepare for technical questions: Be ready to discuss your expertise in Excel, accounting principles, and financial reporting standards.
• Showcase leadership skills: As a Head of Finance, you will be leading teams and making strategic decisions; demonstrate your ability to lead, manage, and communicate effectively.
• Research the company: Understand FYST's mission, values, and current projects to show your interest and how your skills align with their goals.
• Practice your presentation skills: Since presenting financial insights to the Board is a key part of the job, prepare examples of how you would communicate complex financial data simply and effectively.
• Be ready to discuss remote work: If you have experience with remote or hybrid work environments, be prepared to talk about how you stay productive and manage teams in these settings.
• Ask about growth opportunities: Show your interest in growing with the company by asking about professional development opportunities and how the company supports the career advancement of its employees.