Funding Officer - Limassol

Vitae Recruitment is currently seeking a Funding Officer for our client, a private company based in Limassol, Cyprus. The successful candidate will be responsible for summarizing all deposits and withdrawals from the previous day, processing withdrawals by clients on a daily basis and ensuring that the balances and equity of accounts are positive at the time of withdrawals after amounts are withdrawn. This role requires a detail-oriented individual who can maintain accurate financial records and improve funding strategies. You will work closely with various departments to facilitate smooth payment transactions.

Main duties and responsibilities of the role:

• Summarizing all deposits and withdrawals from the previous day.
• Reconciling transfers to and from PSPs to the data in the company’s CRM for review by the head of accounting and finance.
• Reconciling the banks in the accounting system daily and posting in the accounting system the relevant entries.
• Processing withdrawals by clients on every working day; requests on non-working days are handled on the following working day.
• Ensuring that the balances and equity of accounts are positive at the time of withdrawals and after amounts are withdrawn.
• Adhering to the internal control manual at all times when performing duties and processing payments with particular focus on only paying withdrawals to the original source of deposit.
• Perform other relevant duties related to the funding department as required.

Key Attributes:

• Proven experience in funding capacity within the FX space.
• Bachelor’s degree in Finance, Accounting, or a related field is preferred.
• Understanding of regulatory requirements related to funding.
• Proficiency in financial software and tools and advanced knowledge of MS Office.
• Strong analytical skills and attention to detail.
• Excellent organizational and time management skills.
• Excellent communication and interpersonal skills.
• Excellent analytical, numerical and reporting skills.
• Ability to work collaboratively within teams.
• Business Fluency in English.

This is an excellent opportunity to work within a dynamic environment at a company that values employee development and teamwork. In addition to a competitive salary, the successful candidate will enjoy various benefits, including opportunities for professional growth and a supportive workplace culture. If you are looking to advance your career as a Funding Officer in a vibrant setting, we encourage you to apply for this exciting position.