Accounts Payable Specialist

Summary

Processes accounts payable, fixed assets, and bank reconciliations for a regulated European online broker, ensuring IFRS and VAT compliance in a fast-paced financial environment.

Freedom Finance Europe Ltd is a regulated European online broker headquartered in Cyprus, providing access to US, European and Asian capital markets and a broad range of investment services and financial products. We operate in a fast-moving, highly regulated environment where product speed, client trust, marketing accuracy, regulatory discipline and legal architecture must work together.

  • Maintenance of proper books of accounts in accordance with the Cyprus legislation;

  • Maintenance of proper records and accounts of the fixed assets and administrative expenses under IFRS standards

  • Checking the correctness of the invoices received;

  • Track and manage the acquisition and disposal of fixed assets;

  • Ensure proper depreciation calculations and asset valuations;

  • Prepare fixed asset reports and analyses as required

  • Maintenance of a cash book, including monthly reconciliation of the bank accounts and analysis of receipts and payments;

  • Regularly reconcile bank statements with internal records to ensure accuracy;

  • Investigate and resolve discrepancies between bank statements and accounting records

  • Regular reconciliations with third parties

  • Reflection of all bank movements for clients’ accounts on a daily basis

  • Reflection of broker statements and merchant statements on a monthly basis

  • Reflection of own portfolio and performance of revaluation workings on a monthly basis

  • Monitor and control loan activities of the Company, ensuring accurate reflection in the accounting records

  • Preparation of periodic management accounts and reports in accordance with management instructions;

  • Participation in the monthly closing;

  • Maintain up-to-date knowledge of VAT regulations and ensure compliance in invoicing and reporting;

  • Participation in the preparation of VAT reports;

  • Ad-hoc reports;

  • Communication with internal and external auditors;

  • Search for new ideas and tools, as well as optimization of the processes.

Requirements

  • Bachelor's degree in Accounting, Finance, Economics, or a related field;

  • 2+ years of accounting experience, preferably within a Cyprus-based or EU company;

  • Good knowledge of accounting principles and IFRS;

  • Experience with fixed assets accounting, bank reconciliations, expense control, and month-end closing;

  • Practical knowledge of VAT requirements and reporting will be considered an advantage;

  • Strong analytical skills with close attention to detail and accuracy;

  • Proficiency in MS Excel; experience with accounting/ERP systems is an advantage;

  • Ability to manage multiple tasks, prioritize effectively, and meet deadlines;

  • Strong communication skills and ability to collaborate with cross-functional teams.

Benefits

  • Work in a modern office in the center of Limassol with an open-minded and professional team;

  • Relocation package, including reimbursement for flights and accommodation for 1 month;

  • Visa sponsorship for the employee and their family members;

  • The company covers 50% of the annual cost of the Healthy Plan, which the employee can arrange with any insurance company. The reimbursement is limited to a maximum of EUR 1000 per insured person per year;

  • 21 working days of paid vacation;

  • 12 additional days off per year, provided by the company;

  • Paid sick leave;

  • Opportunity for remote work, by agreement with the manager, on days when there are no events or preparations for events;

  • Team-building activities, corporate events, football and volleyball clubs, sports events, and challenges.