Accountant - Limassol, Limassol

Job summary

Senior Accountant for Hospitality Industry (Restaurants & Bars) role involves maintaining accurate financial records, processing bank payments, and managing accounts payable and receivable.

Responsibilities

• Maintain accurate and timely financial records, including general ledger, journals, and subsidiary accounts.
• Process bank payments, oversee cash management, and perform monthly bank reconciliations.
• Monitor accounts receivable, issue invoices promptly, and follow up on outstanding payments.
• Manage accounts payable; ensure timely payment of invoices, and perform reconciliations.
• Communicate and coordinate regularly with banking institutions for various financial needs.
• Support annual audits by providing necessary documentation and acting as a primary liaison with auditors.
• Participate in the preparation and submission of quarterly VAT returns.
• Collaborate with management to develop annual budgets and financial forecasts.
• Stay updated with industry-specific financial regulations and ensure compliance.
• Coordinate with other departments to streamline operations and financial processes.

Qualifications

• Bachelor's degree in Accounting, Finance, or related fields; Master's degree or CPA will be considered a plus.
• Minimum of 2 years of work experience in an accounting role, preferably within the hospitality industry.
• Proficient in advanced Excel functions and familiarity with accounting software.
• Strong understanding of the unique financial challenges and requirements of the hospitality sector, particularly restaurants and bars.
• Demonstrated ability to handle multiple tasks simultaneously in a fast-paced environment.
• Excellent verbal and written communication skills.
• Previous experience with VAT and other taxation relevant to the hospitality industry is essential.
• Experience or familiarity with inventory management and cost analysis is a plus.

Job description