Job description
Payroll & Accounting Officer Frederick University is seeking to recruit a Payroll & Accounting Officer for the Finance & HR Department, for full-time employment. Job Description: The Payroll & Accounting Officer will be responsible for managing end-to-end payroll operations and supporting key accounting functions, ensuring full compliance with Cyprus labour and tax regulations. The role requires a high level of accuracy, autonomy, and professionalism, and offers the opportunity to work within a structured and collaborative university environment. Main Duties:
- 1. Payroll Processing & Compliance a. Ensure accurate and timely payroll processing for all employees, including part - time and contract staff. b. Calculate and process income tax, social insurance, GESY, provid ent fund, and other statutory deductions. c. Prepare and submit payroll-related tax forms (e.g. TD63, IR7). d. Maintain payroll records and handle employee payroll-related queries.
- 2. Accounting & Financial Operations a. Perform bank reconciliations and monitor daily income entries. b. Process financial transactions, including employee-related payments and monthly obligations. c. Assist in the preparation of financial statements and internal reports.
- 3. Compliance & Reporting a. Ensure full compliance with Cyprus tax, social insurance, and labour legislation. b. Monitor regulatory changes and support implementation of updates. c. Liaise with auditors and relevant authorities when required.
- 4. Reconciliation & Analysis a. Perform monthly payroll and statutory reconciliations. b. Prepare payroll cost reports and support budgeting processes.
- 5. Employee Support a. Support employees on payroll matters, benefits, and deductions. b. Collaborate closely with HR on payroll-related processes and compliance matters. Qualifications and Skills:
- 1. Education & Experience a. Bachelor’s degree in Accounting, Finance, Business Administration or a related field. b. 3-5 years of relevant experience in payroll and accounting. c. Professional qualifications (e.g. LCCI) will be considered an advantage.
- 2. Technical Skills a. Strong knowledge of Cyprus payroll, tax regulations, and labour law compliance. b. Knowledge of Soft1 System will be considered an advantage. c. Experience with payroll and accounting systems. d. Proficiency in MS Office, particularly Excel.
- 3. Personal Competencies a. High level of accuracy and attention to detail. b. Strong organizational and time-management skills. c. Ability to handle confidential information with integrity and professionalism. d. Effective communication and problem-solving skills. Why Join Us? • Salary range: €1,900 - €2,100 monthly gross salary (depending on level of experience) • Salary 13th Salary: Granted after one year of full-time employment • Provident Fund: Eligibility after one year of full-time employment • 21 days of paid Annual Leave • Paid Sick Leave • Stable and structured working environment within a reputable university • Collaborative and professional team culture • Opportunities for continuous learning and development Application Process Interested candidates should send their CV to [email protected] no later than 05/07/2026 The subject of the email should be “Payroll & Accounting Officer”. All applications will be treated with the strictest confidentiality. Only candidates who meet the requirements will be invited for an interview.