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Senior Accountant (Limassol)

Roles & Responsibilities

  • 3+ years of hands-on accounting experience in Cyprus, including full ownership of payroll processes in the IT industry.
  • Good understanding of Cyprus tax incentives (e.g., first employment) and IP Box regime.
  • Proven experience with Cyprus financial regulations, including VAT filings, IR7/IR603 submissions, and tax compliance.
  • Proficiency with Cyprus-local accounting systems (1C is a plus) and advanced Excel/Google Sheets skills; ACA/ACCA qualifications are a plus (partly/fully qualified).

Requirements:

  • Accounting: full-cycle bookkeeping for several Cyprus entities (including one with employees), managing AP/AR, month-end closings, reconciliations, and management reporting.
  • Payments and treasury: executing company payments, monitoring bank balances, and liaising with banks.
  • Payroll: overseeing the full payroll process in Cyprus (onboarding, off-boarding, calculations) and submitting payroll-related documents to Social Insurance and Tax Office, ensuring PAYE compliance.
  • Tax and compliance: VAT registrations/returns (IR7, IR603, CBC), ensuring timely submissions, liaising with tax authorities, and supporting audits in collaboration with external auditors; coordinating with legal for document processing and external inquiries.

Job description

WHAT YOU'LL BE WORKING ON
 

  • Accounting&Payments: full-cycle bookkeeping for several CY entities, including one with employees
  • Managing AP/AR, month-end closings, reconciliations, and management reporting
  • Executing company payments, monitoring bank balances, liaising with banks
  • Ensuring compliance and timely audits in collaboration with external auditors
  • Close collaboration with legal for document processing and external inquiries;
  • Payroll: overseeing full payroll process in Cyprus: onboarding, off-boarding, calculations
  • Submitting payroll-related documents to authorities (Social Insurance, Tax Office)
  • Ensuring compliance with PAYE, benefits, and collaborating with HR
  • Resolving payroll discrepancies and employee inquiries;
  • Taxes&Reporting: VAT and tax registration, preparation of returns (IR7, IR603, CBC, etc.)
  • Ensuring timely submission of VAT, tax payments, and regulatory compliance
  • Liaising with tax authorities and advising management on tax/accounting matters. 

WHAT YOU NEED TO SUCCEED IN THIS ROLE
 
  • At least 3+ years of hands-on Accounting experience in Cyprus, including full ownership of payroll processes in the IT industry 
  • Good understanding of “first employment” tax incentive, and ideally IP Box regime
  • Proven experience with Cyprus financial regulations, including VAT filings, IR7/IR603 submissions, and tax compliance
  • Proficiency with Cyprus-local accounting systems / proficiency with 1C is a plus
  • Experience with holding structures: intercompany contracts, accounting for group entities
  • Strong Excel / Google Sheets skills (daily usage required)
  • ACA, ACCA (partly/fully qualified) is a plus
  • Experience in FinTech, high-risk industries, or IT holding companies will be considered a strong advantage
  • Fluent Russian and English (written and spoken), Greek is a plus

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
  • Private health insurance coverage
  • 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 

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