Marathon runner and trail runner
Melani Demetriou
Financial Controller
Ayias Marinas 4 2671 Ayioi Trimithias Nicosia,02
Summary
Financial Controller with more than 15 years of successful experience in the supervision and management of all financial functions. Taken particular interest in financial management planning, budget and cash-flow projections as well as preparation of management reports, with accuracy and completeness. Seeking a full-time position that offers professional challenges utilizing interpersonal skills, excellent time management and problem-solving skills. Proficient in various accounting software, ERP and CRM systems as well as very good knowledge of Microsoft Suite products, especially Microsoft Excel. Specialized in data analysis, budget vs actual, cash flow management and strategic planning. Maintained strong professional relationships with key stakeholders, recognized consistently for performance excellence and contribution to the success of achieving company goals. Strong business attitude, commercial awareness, committed to delivering high quality results, motivated to learn and grow.
Overview
22
22
years of professional experience
4
4
years of post-secondary education
2
2
Languages
Work History
General Manager and Financial Controller
iMER Medical Services Ltd
05.2014 - 07.2017
- Collaboration with external auditors and banking institutions
- Communication with Ministry of Health, private insurances, health unions
- Introduced new marketing campaigns and business development projects
- Developed network of agents and external referral system
- Directed successful reduction of operational costs, achieved revenue turnaround
- Financial Controller duties as listed below
- Reported to iMER CEO
Financial Controller
iMER Medical Services Ltd
02.2008 - 07.2017
- Performed chief accountants functions such as VAT, VIES and other statutory tax obligations
- Handled company payroll, provident fund and health insurance benefits
- Developed automated recurring postings system for better time management
- Developed customized add-on on SAP accounting software for patient accrual recording for both revenue and costs
- Preparation of all management reports (weekly, monthly, quarterly and yearly) and communicating results to upper management
- Preparation and control of annual budget and cash flows
- Lead accounts receivable, with special attention to Ministry of Health, Private insurances and unions, reducing receivable days.
- Lead accounts payable based on suppliers agreement.
- Over viewed all client invoicing
- Communication with Ministry of Health, private insurances, health unions
- Point of contact with government bodies for tax obligations, licensing and Health and Safety regulations
- Lead annual audit, maintaining strong relationship with external stakeholders
- Transfer Pricing invoicing with parent company and other subsidiaries (Israel, Germany, Austria and Greece)
- Consolidation of subsidiaries financial reports, communicating results to Board of Directors
- Primary Point of contact during due-diligence performed by EY and KPMG in 2012 for purpose of company being successfully acquired by Viola Growth (Israel)
Chief Accountant
Multipro Ltd
Nicosia
07.2021 - Current
- Supervision of all finance functions, ensuring correctness of accounting records
- Preparation of all tax statutory obligation payments, VAT, social insurance, NHS, temporary tax obligations.
- Payroll preparation of 40 employees, both monthly and bi-weekly workforce
- Preparation of management reports regarding ongoing projects, ensuring profitability and cost cutting
- Performed cash flow management, collections and credit control, reduced accounts receivables by 25%
- Liaise with external stakeholders, banks, government bodies, auditors.
- Established new accounting workflow, achieving better reporting and reduced workload
Chief Accountant
Apollonion Private Hospital
Nicosia
03.2018 - 03.2019
- Supervision of team of 20 people in various financial posts, coordinating daily accounting activities for completion of assigned tasks within set time frame
- Periodic stock take tasks, data analysis, and adjustment of results
- Preparation of management reports, analysis of data and communicating results to CFO
- Handled accounts receivable, with special attention to Ministry of Health, Private insurances and other private employee funds, reducing AR by 15% and within agreed payment terms
- Handled accounts payable based on suppliers individual agreements, paying particular attention to performing payments on timely manner
- Over viewed daily accounting functions such as patient invoicing, special pricing, discounts and credit notes
- Preparation and submission of quarterly VAT, and other related tax obligations
- Calculation and distribution of dividends, payment of SDC and other statutory tax obligations
- Established excellent relationships with bank institutions to optimize financial resources and negotiating better terms.
- Point of contact with government bodies, ensuring tax obligations and other statutory obligations are met
- Budget control by producing operational budgets in regular intervals as to achieve KPI and efficient decision-making
- Close collaboration with HR department for recruiting, training and coaching accounting team, as well as annual staff evaluations
- Coordination of year end process, point of contact with external auditors, undertaking all auditing activities by preparing required documents and records
- Close collaboration with internal control department for establishment and implementation of procedures and policies
- Payroll preparation of 250 employees and payments of all related taxes (social insurance, P.A.Y.E., NHS, Provident fund and trade unions)
- Ad-hoc tasks as assigned by CFO and Board of Directors
Accountant and Office Administrator
Sky Cash Back Consulting
01.2003 - 01.2008
- Administration and after sale service of clients from Cyprus and Greece
- Gathered financial information, prepared documents and closed books
- Accounts administration duties
- Bank Reconciliations
- Bookkeeping and payroll using SAGE
- VAT refunds
Accounts Assistant - Part time
CS Capital Securities and Argus Financial Services
01.2000 - 01.2003
- Bookkeeping, Payroll, Credit Control and reconciliations
- Reviewed figures, postings and documents for correct entry
- Preparation of financial reports
- Reporting to the General Manager
Education
Associate of Applied Science -
ACCA, Certified Accountant
UK 08.2019 - Current
Associate of Science -
University of Cyprus, Economics
01.1998 - 01.2000
Skills
SAP Business One
Synbiotix
Microsoft Navision
e-Soft Accounting
SAGE AccountsMS Office Suite
Interests
Camping and long trail walking
Home improvement projects (small furniture, painting and occasional repair)
References
Mr. Leonidas Ieronimides, General Manager at Apollonion Private Hospital
Email:leonidas.ieronymides@apollonion.com.cy, tel: 99889223
Mr. Ady Javubovitz, Co-Founder of iMER Medical Services Email:
ady@jtholdings.co.il, tel: +972 522555474
Mr. Ilan Tamir, Co-Founder and Group CFO of iMER Medical Services Email:
ilan@jtholdings.co.il, tel: +972 525156464
Mrs Marinella Georgiou, Senior Lecturer of ACCA program at Global Training
Email: marinellageorgiouana@gmail.com, tel: 99376292
Timeline
Chief Accountant
Multipro Ltd
07.2021 - Current
Associate of Applied Science -
ACCA, Certified Accountant
08.2019 - Current
Chief Accountant
Apollonion Private Hospital
03.2018 - 03.2019
General Manager and Financial Controller
iMER Medical Services Ltd
05.2014 - 07.2017
Financial Controller
iMER Medical Services Ltd
02.2008 - 07.2017
Accountant and Office Administrator
Sky Cash Back Consulting
01.2003 - 01.2008
Accounts Assistant - Part time
CS Capital Securities and Argus Financial Services
01.2000 - 01.2003
Associate of Science -
University of Cyprus, Economics
01.1998 - 01.2000