About the job
Financial Controller
SquareOne Developments
Limassol, Cyprus | On-site | Full-time | Reports to CEO
Join SquareOne Developments, one of the most dynamic residential real estate developers in Limassol, with over 20 active projects across various Special Purpose Vehicles (SPVs) and a dedicated team of approximately 35 professionals spanning Commercial, Finance, Technical, Legal, Sales, Marketing, and Customer Care sectors. We are seeking a seasoned Financial Controller to spearhead our Finance department.
As the leading finance executive in our organization, you will directly report to the CEO and engage with shareholders. You will oversee the entire Finance team and ensure the integrity of financial reporting, controls, compliance, and management across all SPVs and the parent company. Your leadership will guide a team responsible for delivering accurate financial data, maintaining robust controls, and fostering collaboration between Finance and other business units.
Responsibilities
Financial Reporting & Consolidation
- Manage the monthly, quarterly, and annual financial reporting cycle for all SPVs and the parent company.
- Prepare the consolidated group profit and loss statement, balance sheet, and cash flow reports.
- Generate final accounts for each completed project within the SPVs.
- Provide clear and precise management reports to the CEO and shareholders.
Team Leadership
- Lead and develop the Finance team, which includes Accounts Receivable, Accounts Payable, and Financial Analysts (FP&A).
- Establish priorities, review work quality, and ensure timely financial close across all entities.
- Foster a culture of accuracy, accountability, and continuous improvement.
- Identify skill gaps and drive recruitment and professional development initiatives.
Controls & Process
- Oversee the internal control environment within the Finance function.
- Establish and uphold accounting policies in alignment with IFRS and Cypriot standards.
- Design and enforce approval workflows for payments, journal entries, and intercompany transactions.
- Continuously enhance close timelines, reconciliation discipline, and reporting accuracy.
Audits , Group & SPVs
- Manage the relationship with external auditors.
- Lead the audit process for the parent company from start to finish.
- Oversee audits for SPVs; review and resolve significant adjustments.
- Ensure audit-ready records are maintained year-round across all entities.
Tax & VAT Oversight
- Oversee VAT and corporate tax compliance for the group.
- Review and approve VAT returns and tax filings.
- Manage relationships with tax advisors.
- Coordinate tax-efficient structuring within compliance constraints, in collaboration with external advisors and the CEO.
Treasury & Banking
- Manage cash flow, banking relationships, and treasury operations.
