Accounts Payable and Banking Team Leader I Cyprus - Nicosia

Ref: 512 Date Posted: Monday 16 Jan 2023
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Our client is a multinational Group, and one of their Companies is the financial division of a PLC listed on the FTSE 250 and has over 600 clients across 80 countries spanning CFD retail brokers, banks, hedge funds, professional traders and asset managers.

A market leader in next-generation multi-channel trading software, systems and liquidity services.

They are seeking to hire an experienced Accounts Payable and Banking Team Leader to join their team in Nicosia. 

You will primarily focus on managing and taking ownership of the full spectrum of tasks and responsibilities in relation to the Accounts Payable and Groups’ Banks and Credit Institutions. Report directly to the Group CFO.


  • Heading and managing the Banking and Accounts Payable Team
  • Responsible for liaising and communicating with all the banking institutions and payment solutions of the Group internationally, maintaining an ongoing relationship
  • Primary point of contact for the day-to-day issues and projects of the Banks
  • Responsible for onboarding new banks and adding new relationships to the Group
  • Managing all vendors and Accounts Payable communication
  • Ensure cost efficiency structures are implemented and negotiated (fees, interests etc.)
  • Ensure KYC documentation and bank signatory mandates are updated at all times and as requested by the banks on the annual reviews
  • Overview and supervision of the reporting requested by the Groups’ Auditors annually and semi-annually
  • Ensure banking policies and processes are met and developed
  • Overview and manage the account payables payment runs (general suppliers’ payments, marketing payments etc.) for all the entities of the Group
  • Coordination between vendors and internal departments for all invoice processing and payments of the Group including handling and reconciling of the Purchase Orders and invoices
  • Monitor and verification of payments in regard to marketing and suppliers’ payment runs ensuring vendors are paid in a timely and accurate manner
  • Continue to improve and enhance the account payable processes across the Group and ensure compliance with the internal controls and policies is met and applied
  • Support the Group CFO in ad-hoc and ongoing projects/assignments as required



  • University degree in Mathematics, Finance, Accounting, or any other relevant field
  • 4+ years of experience in a Financial Services/Banking environment
  • Strong analytical skills with attention to detail
  • Solid knowledge of MS Office Suite – Proficiency in Excel
  • Fluency in English with excellent communication skills both verbal and written
  • Able to work in a dynamic environment
  • Hard working with good interpersonal skills
  • Project Management Skills
  • Work ethic and punctuality

While working with them enjoy these perks:

  • Provident Fund
  • Medical Insurance
  • Career development
  • Hybrid work model

For more information or to apply for the above job opportunity, please send your CV to Marie Pavlou: