Financial Controller

Financial Controller

SquareOne Developments

Limassol, Cyprus  |  On-site  |  Full-time  |  Reports to CEO

SquareOne is one of Limassol's most active residential real estate developers, with 20+ projects underway across multiple SPVs and a team of ~35 across Commercial, Finance, Technical, Legal, Sales, Marketing, and Customer Care. We are looking for a Financial Controller to lead our Finance function.

This is the most senior finance role in the company. You will report directly to the CEO with exposure to shareholders, lead the entire Finance team, and own the integrity, controls, reporting, and compliance of the group across all SPVs and the parent. You will lead a team that produces the numbers, while you own their accuracy, the controls behind them, how they are reported, and how Finance partners with the rest of the business.

Responsibilities

Financial Reporting & Consolidation

• Own the monthly, quarterly, and annual financial reporting cycle across all SPVs and the parent company
• Produce the consolidated group P&L, balance sheet, and cash flow
• Produce SPV final accounts for each completed project.
• Deliver clear, accurate management reporting to the CEO and shareholders

Team Leadership

• Lead and develop the full Finance team: AR, AP, and Financial Analyst (FP&A)
• Set priorities, review work quality, and ensure timely close across all entities
• Build a culture of accuracy, accountability, and continuous improvement
• Identify capability gaps and drive hiring and development decisions

Controls & Process

• Own the internal control environment across the Finance function
• Establish and maintain accounting policies aligned with IFRS and Cypriot requirements
• Design and enforce approval workflows for payments, journal entries, and intercompany transactions
• Continuously improve close timelines, reconciliation discipline, and reporting accuracy

Audits — Group & SPVs

• Own the relationship with external auditors
• Lead the audit of the parent company end-to-end
• Oversee SPV audits; review and resolve material adjustments
• Ensure audit-ready records are maintained across all entities year-round

Tax & VAT Oversight

• Own group-wide VAT and corporate tax compliance
• Review and sign off on VAT returns and tax submissions
• Manage the relationship with tax advisors
• Ensure tax-efficient structuring within compliance boundaries, in coordination with external advisors and the CEO

Treasury & Banking

• Own the group cash position and weekly cash reporting to the CEO
• Manage all banking relationships across SPVs and the parent
• Oversee facility utilization, drawdowns, and covenant compliance
• Approve payment runs and oversee intercompany funding flows
• Partner with the CEO on liquidity planning and funding decisions

Budgeting & Cost Control

• Own the annual budgeting process across all SPVs and the parent
• Direct the Financial Analyst on budget build, consolidation, and variance reporting
• Review and sign off on Budget vs. Actual analysis across the group
• Escalate material variances and partner with department heads on corrective action

Business Partnering

• Act as the primary finance partner to the CEO and department heads
• Support the CEO and shareholders with ad-hoc financial analysis as required

Systems & Data

• Own SAP as the source of truth for the group's financials

• Drive improvements in chart of accounts, reporting structures, and data quality
• Lead or support automation initiatives across the Finance function

Requirements

• ACCA, ACA, or equivalent — fully qualified
• 8+ years of relevant experience, including audit firm background (Big 4 or mid-tier strongly preferred)
• Prior Financial Controller, Head of Finance, or Senior Audit Manager experience
• Multi-entity / group consolidation experience essential
• Real estate, construction, or development industry experience strongly preferred
• Strong technical knowledge of IFRS and Cypriot tax and VAT
• Demonstrated experience leading and developing a finance team
• Experience managing banking relationships and treasury operations
• Strong working knowledge of SAP (or comparable ERP)
• Advanced Excel and financial modeling skills
• Excellent communication skills — able to translate financials for non-finance stakeholders and present to shareholders
• Fluent English and Greek

Benefits

What We Offer

• The most senior finance seat in a fast-growing developer, reporting directly to the CEO with shareholder exposure
• Ownership of the Finance function across 20+ SPVs and the parent company
• Real influence over how the company is run, not just reported on
• Competitive salary aligned with seniority
• Performance-based bonus scheme
• Paid Sport’s Benefit Membership (Access to 350 gyms/hotels/tennis courts etc across the island)
• A collaborative, professional team and a long runway as the company grows