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Director VAC-19497T

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Job Overview

Our client is an international Investment Holding Company with offices in the UK, Russia, Montenegro, Germany and Cyprus are looking to hire a Director to head up and manage their offices here in Cyprus.

A privately held group of companies owning various assets (real estate, hotels and PV solar plants) in Russia, EU and Montenegro is looking for an independent Director for its CY holding company to represent the Company in front of business partners, set up an operating office in CY, provide day-to-day administrative support to CY companies of the group and participate in the existing businesses of the Company

Reporting to the CEO, Chief Legal Counsel of the group and other senior staff members (all based outside of CY) the position will be responsible for:

Managing the Company:
Executing documents on behalf of the Company
Ensuring compliance of the Company’s activities with local legislation
Ensuring preparation of corporate decisions and monitoring their execution
Participation in decision making on the matters related to the Company and its projects
Coordinating Company’s providers (accountants, corporate secretary, auditors, lawyers, consultants, etc)
Ensuring timely preparation and submission of FS and tax returns (including coordination of accountants and auditors of the Company)
Establishing contacts with CY tax and other authorities
Preparing Company’s budgets (with the assistance of accountants or internal financial controller) and their execution
Obtaining Company’s certificates and other corporate documents
Searching and hiring employees (financial controller, office administrator, other if required) and managing them
Searching for office space for the Company and setting up the office
Regular reporting to senior group members
Searching for potential investment projects in Cyprus

Managing Company’s projects:
Understanding and having knowledge of the Company’s projects
Administrative support of the Company’s transactions
Direct communication with managing directors of Company’s subsidiaries in RU, MNE, Germany and Czech Republic and their project teams on selected matters

The successful candidate will have/be:

Degree in either Accounting, Finance, Economics or Law

Past employment experience:
Minimum 5 years of professional experience
Minimum 2 years of experience as a Director is a MUST ideally within an independent company in Cyprus or a family office or administrative company providing nominee services in Cyprus
Preferably understanding and experience in dealing with commercial real estate and alternative energy projects
Experience in Big 4 companies is welcomed

Other requirements:
Resident of CY
Resident of EU countries could be considered in case candidate is residing in CY or is willing to move to CY and have a place to live there
Does not hold (or shall cease to hold) executive position (including nominee position) in any other companies (candidate holding such a position in several companies could be considered on a case by case basis, depending on his/her profile)

Key knowledge and skills required for this position:
Good knowledge of CY corporate law and practice, experience in dealing with the Registrar of Companies and other local authorities
Obligatory language skills: English (proficient) and Russian
Basic knowledge of IFRS and CY tax law
Ability to undertake responsibility and provide practical solutions
Attention to details
Ability to work independently
Good knowledge of finance
Project management experience
Good knowledge of company’s administration

Foreign languages knowledge:
Russian will be considered an advantage

Technical skills:
Demonstrable computer literacy with specific ability to use Microsoft Word, PowerPoint, Excel, Google tools and other software.

Personal characteristics:
Honesty & Integrity
Initiative & proactiveness
Excellent communication skills
Tact and diplomacy
Passion for excellence

Working schedule: 10:00 – 19:00 and overtime as may be required

The company is offering a salary of up between 4000 – 5000 Euros gross per month based on experience plus annual bonus and company benefits.

To apply for this vacancy please send an English version of your CV to with subject: Director VAC-19497T

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