Economist

Economist | Limassol, Cyprus

We’re looking for a Budget Control Specialist / Economist with strong experience in budgeting, cost control, payment request verification and budget execution analysis. This is a role for someone who can work with large volumes of financial data, check expenses against approved budgets, analyze planned costs, and ensure financial discipline across departments and cost items.

Salary: Competitive Format: Full-time, office-based, Limassol, Cyprus

About the Role

You will be responsible for checking the correctness and validity of payment requests, ensuring that expenses comply with approved budgets, contract terms and supporting documents. The role also includes controlling budget execution, preventing duplicate payments, reviewing financial terms in contracts, and preparing monthly plan vs actual analysis. This position requires strong analytical thinking, advanced Excel skills, experience with 1C, and a solid understanding of budgeting and basic accounting principles.

Key Responsibilities

• Check the correctness of payment requests by department and cost item
• Verify payment requests against approved budgets, contract terms and supporting documents
• Analyze the validity of planned expenses, including the purpose and economic justification of costs
• Ensure that expenses are reasonable, budget-compliant and properly documented
• Control and prevent duplicate payments and repeated financing of the same operations or documents
• Review contracts in terms of financial conditions, including pricing, payment terms, penalties, payment deadlines and budget limits
• Monitor budget execution across departments and responsibility centres
• Prepare monthly plan vs actual analysis of expenses
• Analyze deviations between planned and actual spending
• Work with large volumes of financial and operational data
• Support budget control processes, including planning, approval and execution monitoring
• Participate in the consolidation of budgets across responsibility centres

Key Qualifications

• Experience in budgeting, budget control, finance, economics or a similar role
• Knowledge of the full budgeting cycle: planning, approval and execution control
• Experience with P&L budget and cash flow budget processes
• Experience consolidating budgets across responsibility centres
• Basic knowledge of accounting principles
• Experience working with 1C
• Experience working with large volumes of information
• Advanced Excel skills
• Strong analytical mindset
• High attention to detail and accuracy
• Ability to work with deadlines and structured financial processes
• Russian language is required

Nice to Have

• Experience working with BIT.Finance
• Experience in an international company and multi-department or multi-entity budgeting
• Understanding of management accounting and cost allocation principles

Benefits

• Work in an international company
• Official employment in Cyprus
• 5/2 work schedule with a short Friday
• Comfortable office in Limassol, Trilogy
• Friendly team and well-structured processes
• Company-paid learning opportunities, including courses, certifications and professional development
• Practical benefits package, including: day off / sick day, Benefit Cafe, medical compensation, language learning compensation
• Corporate life, team events and internal activities