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Cost Efficiency Manager

Limassol, Cyprus · Finance Department
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The Cost Efficiency Manager at Freedom Finance Europe is responsible for analyzing, developing, and implementing strategies to optimize operational costs while maintaining the high-quality standards expected of a leading European brokerage firm. This role will identify cost-saving opportunities while ensuring compliance with financial regulations and supporting the company's growth objectives in the European investment market. 

Responsibilities

  1. Analyze spending patterns to identify areas for cost optimization;
  2. Develop and implement cost-saving strategies aligned with Freedom Finance Europe's growth targets and regulatory requirements;
  3. Create detailed financial models to forecast impacts of proposed efficiency measures on the firm's profitability and operational capacity;
  4. Monitor key performance indicators related to transaction costs, platform efficiency, and operational expenses;
  5. Establish benchmarks against other European financial institutions to evaluate cost performance; 
  6. Collaborate with trading desk managers, IT leadership, and compliance teams to establish realistic budget targets;
  7. Negotiate with financial technology vendors and market data providers to secure favorable terms and pricing;
  8. Prepare regular reports for executive leadership on cost efficiency performance relative to industry standards;
  9. Stay informed about fintech innovations and regulatory changes that impact operational costs.

Requirements

  1. Bachelor's degree in Finance, Economics, Business Administration, or related field;
  2. ACCA certification is an advantage;
  3. 5+ years of experience in financial analysis or cost management within financial services or brokerage firms;
  4. Proven track record of successfully implementing cost-saving initiatives in regulated financial environments;
  5. Strong analytical skills with expertise in financial modeling and cost analysis;
  6. Excellent project management abilities with meticulous attention to detail;
  7. Outstanding negotiation and communication skills;
  8. Experience with financial services software platforms and advanced proficiency in Excel;
  9. Knowledge of European financial regulations and their impact on operational requirements.

Conditions

  1. Work in the modern office in the center of Limassol with Team of open-mind people;
  2. Relocation package included compensation for flight, accommodation 1 month;
  3. VISA sponsorship for employee and family members;
  4. The Company cover 30% of annual cost of Healthy Plan, which employee will decide to set up with any Insurance Company;
  5. 21 working days of paid vacation;
  6. 12 additional days off per year at the expense of the Сompany;
  7. The Employee is annually entitled to days sick leave with pay;
  8. Team building, corporate events, football and volleyball clubs, sports events and challenges;
  9. Competitive salary package including annual bonus.
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