Accounts Payable Officer

FINALTO

Accounts Payable Officer

Nicosia, Cyprus

Accounts Payable Office

Reporting to: Finance Director

Location: Nicosia – Hybrid Role

POSITION SUMMARY:

Reporting to the Finance Director this role will be responsible for maintaining Accounts Payable and supporting the effective management of banking administration and vendors payment processes for entities under Finalto Group. The position will ensure that invoices, payments, and related financial transactions are processed accurately and in line with internal procedures and payment deadlines. The key responsibilities include the day-to-day Accounts Payable function, coordinating weekly payment runs across multiple entities, maintaining vendor relationships, and ensuring the accuracy of financial records through reconciliations and bookkeeping activities. The role will also support the preparation of month-end schedules, accruals, and prepayments, as well as assist with audit requirements and regulatory documentation, including maintaining up-to-date KYC records and bank signatory mandates. The role will be suited to a very hands-on individual within a busy but varied Finance Team. There is also the opportunity to improve processes and system controls and work as part of a team to introduce additional automation as the Group continues to grow.

KEY ACCOUNTABILITIES:

Overseeing the day-to-day management of Accounts Payable, ensuring all invoices are coded correctly and uploaded on the system, coupled with addressing any enquiries and statements.
Carrying out a range of data entry/processing, ensuring that the work is completed accurately and in adherence to all specified Company processes and procedures.
Coordinating the preparation of weekly payment runs across several entities.
Managing entities ensuring that all invoices and payments are processed in line with payment deadlines.
Ensuring Know Your Client (KYC) documentation and bank signatory mandates are always maintained up to date, and as requested by the banks on the annual reviews.
Handling vendors and Accounts Payable communication.
Coordinating between vendors and internal departments for all invoice processing and payments of the Group including reconciling and preparing Vendors aging analysis.
Assisting in the implementation of automation projects for banking and accounts payable.
Assisting the Finance Department with any task related to yearly/interim audits.
Lead the development and implementation of process improvements within the accounting system to enhance efficiency and streamline financial operations.
Supporting the management in ad-hoc and ongoing projects/assignments as required.

PERSON SPECIFICATION:

Bachelor’s degree in accounting, Finance, or another related field.
At least 5 years of experience in Accounts Payable positions.
Strong analytical and problem-solving skills.
A positive attitude and good team-work skills.
Fluency in English with excellent communication skills (written and oral).
Good at relationship building and influencing.
Conscientious with attention to detail.
Ability to prioritise tasks and deliver output.

ESSENTIAL:

Experience with controls implementation and/or system change.
Knowledge of various accounting systems, e.g. XERO.
Solid knowledge of MS Office Suite, with Proficiency in Excel.
Experience in using accounting general ledger systems.

To apply please complete the form below:

Name*

Email*

Telephone*

When could you potentially start?

Where will you be commuting from?

Are you comfortable working Monday to Wednesday in the office (Strovolos)?

Have you got a comfortable setup to work from home Thu-Fri?

Why do you want to join Finalto and how will you add value?

Confirm your right to work in Cyprus – have you got a valid passport / visa / ILR?

Will you now or later require sponsorship to work in the Cyprus?

State a salary band you’d be comfortable with

Why are you a good match based on the job description/what are your strengths? Give examples

What is/are your main gaps or mismatch between you and the job description?

How many years of experience have you got in AP & what part of the process were you personally responsible for?

Have you supported AP across multiple entities or locations?

How do you ensure payments are accurate and on time?

Can you explain how you handle supplier payment queries or urgent requests?

What systems have you used? – please give examples

Attach CV*

Any other comments to support your application?

By submitting your application, you consent to the processing of your personal data by Finalto for the purposes of recruitment and selection. This includes the personal information provided in your CV, application form, cover letter, and any supporting documents.

Finalto will process your data in accordance with applicable data protection laws, including the GDPR and the Law providing for the Protection of Natural Persons with regard to the Processing of Personal Data and for the Free Movement of such Data of 2018 (Law 125(I)/2018). Your information will be used solely for assessing your suitability for the role, contacting you about your application, and managing the recruitment process.

We may share your data with trusted third‑party service providers who support our recruitment activities (e.g., applicant tracking systems or background check providers), but only where necessary and under strict confidentiality obligations.

Your data will be retained only for as long as required for recruitment purposes or as permitted by law. In the event where your data will be transferred internationally to another Finalto Group Entity appropriate safeguards will be implemented to ensure the protection of your data and compliance with the Data Protection Legislation.

You have the right to withdraw your consent at any time, request access to your data, ask for corrections, request deletion, or raise concerns about how your data is processed. To exercise these rights, please contact us at hr.london.recruitment@finalto.com.

Submitting your application confirms that you understand and agree to this notice.