Stathis Flangofas

CEO

Limassol, Cyprus17 yrs 9 mos experience
Highly Stable

Key Highlights

  • Over 16 years of financial leadership experience.
  • Expert in driving performance and compliance in fintech.
  • Passionate about business development and scalable operations.
Stackforce AI infers this person is a Fintech executive with extensive experience in financial strategy and risk management.

Contact

Skills

Core Skills

Financial StrategyRisk ManagementFinancial GovernanceFinancial PlanningTeam LeadershipFinancial OversightTeam ManagementFinancial ReportingAccounting

Other Skills

Financial AnalysisFinancial ServicesManagementFinanceTaxAuditingMicrosoft OfficeBusiness StrategyCorporate TaxInvestmentsBusiness PlanningIFRSCorporate LawCorporate FinanceNegotiation

About

Experienced CFO with a strong track record in the CFD and fintech industry. Over 16 years of financial leadership, driving performance, compliance, and strategic growth in fast -paced, regulated environments. Passionate about business development, expanding into new markets, and building scalable operations across regions. Known for bridging finance and strategy to support sustainable growth and commercial success. Fintech enthusiast, passionate with investing, trading, blockchain, and Crypto. Love working in dynamic and fast-paced markets helping companies grow. A strong believer that great people build great companies. When you take care of your team, they take care of your clients. Culture, leadership, and empowerment are at the heart of long-term success. Excellent knowledge of Financial markets. CFDs, Bonds, Funds, ETFs, Equity Derivatives, Currencies (FX) and Commodities.

Experience

17 yrs 9 mos
Total Experience
4 yrs
Average Tenure
7 mos
Current Experience

Kudotrade

Group CFO

Sep 2025Present · 7 mos · Limassol, Cyprus · Hybrid

Hfm

Group CFO

May 2024Jun 2025 · 1 yr 1 mo · Larnaca, Cyprus · On-site

  • Provide strategic financial input to the CEO and board, supporting long-term growth and risk management.
  • Lead financial planning, forecasting, and budgeting processes across all subsidiaries.
  • Lead the FP&A function to deliver strategic insights and decision support.
  • Ensure compliance with local and international financial regulations.
  • Liaise with auditors, regulators, and legal advisors to maintain high standards of governance.
  • Oversee group-level financial reporting, consolidation, and intercompany reconciliations.
  • Deliver timely and accurate monthly, quarterly, and annual financial reports.
  • Oversee cash flow management, client funds segregation, and treasury operations.
  • Manage banking and PSP relationships.
  • Lead a high-performing finance team across multiple regions.
  • Foster a culture of accountability, compliance, and continuous
Team LeadershipFinancial AnalysisFinancial StrategyRisk Management

Squaredfinancial

Group CFO | Executive Director

Feb 2021May 2024 · 3 yrs 3 mos · Limassol, Cyprus

  • Drive the group’s financial planning.
  • Manage Cash Flows and ensure funds availability.
  • Providing leadership, direction and management of the finance and accounting team in Cyprus and abroad.
  • Engage and support the CEO in decision making processes.
  • Review and ensure application of appropriate internal controls.
  • Create and implement strong control environments around the finance function
  • Overview the preparation and review of the monthly consolidated management accounts.
  • Maintain relationships with external auditors and investigate their findings.
  • Establish and maintain relationships with banks and PSPs
Financial PlanningTeam Leadership

Capital.com

Group CFO

Aug 2018Feb 2021 · 2 yrs 6 mos · Cyprus

  • Basic duties:
  • Drive the group’s financial planning.
  • Manage Cash Flows and ensure funds availability.
  • Cysec & FCA reporting
  • Monitoring the daily client funds reconciliation.
  • Develop and maintain the yearly Business plan / forecasts.
  • Providing leadership, direction and management of the finance and accounting team in Cyprus and abroad.
  • Engage and support the CEO in decision making processes.
  • Review and ensure application of appropriate internal controls.
  • Overview of the monthly budgets.
  • Overview the preparation and review of the monthly consolidated management accounts.
  • Maintain relationships with external auditors and investigate their findings.
  • Establish and maintain relationships with banks and PSPs
Financial PlanningTeam Leadership

Currency.com

Group CFO

Aug 2018Jan 2020 · 1 yr 5 mos · Cyprus

  • Currency.com is the world's first regulated tokenised securities exchange. Trade with crypto. Profit in crypto.
  • Basic duties:
  • Drive the group’s financial planning.
  • Manage Cash Flows and ensure funds availability.
  • Cysec & FCA reporting
  • Monitoring the daily client funds reconciliation.
  • Develop and maintain the yearly Business plan / forecasts.
  • Providing leadership, direction and management of the finance and accounting team in Cyprus and abroad.
  • Engage and support the CEO in decision making processes.
  • Review and ensure application of appropriate internal controls.
  • Overview of the monthly budgets.
  • Overview the preparation and review of the monthly consolidated management accounts.
  • Maintain relationships with external auditors and investigate their findings.
  • Establish and maintain relationships with banks and PSPs
Financial PlanningTeam Leadership

Itrader.com

Senior Financial Controller

Feb 2017Aug 2018 · 1 yr 6 mos · Limassol

  • Responsible for the oversight and monitoring of all finance, accounting, budgeting and reporting activities of Invertiscape Holdings and clients in Cyprus, EU and non-EU.
  • Ensuring that the companies follow the rules and regulations of regulatory bodies, policies and procedures are being followed, and that behavior in the organization meets the company’s Standards of Conduct
  • Managing a team of 12 accountants.
  • Creating project plans, monitoring and review the progress, and ensuring on-time delivery according to the project timeline.
  • Very experienced in liaison with external auditors for the annual audit of companies in Cyprus, EU and Non-EU in annual external audits.
  • Oversee the daily bookkeeping and recording of transactions in accounting System.
  • Registration of companies as employer in Social Insurance.
  • Registration of Companies in VAT and Taxisnet.
  • Oversee the preparation and submission of VAT returns.
  • Oversee the preparation and payment of Defence on rents.
  • Preparation and issuing of invoices to clients.
  • Monitoring the Cash flow of the company to ensure enough funds are available for upcoming payments.
  • Controlling and approving supplier payments on the 5th, 15th and 25th of each month.
  • Preparation of management accounts on quarterly basis for management.
  • Oversee the preparation and payment of payroll, S.I, and PAYE for 350 employees.
  • Review daily reconciliations of corporate bank accounts, clearing companies, and wallets.
  • Daily client balance reconciliation.
  • Preparation budgets and cashflows.
  • Communication with the bankers of the Company.
  • Monitoring together with the PSP department that PSP agent commissions are according to agreement.
  • Off Balance Sheet client’s funds reconciliation.
  • Preparation of reports requested by Cysec for quarterly / monthly / annual circulars
Financial OversightTeam Management

Hycm

Non Executive Director

Jan 2015Jun 2024 · 9 yrs 5 mos · Limassol, Cyprus

  • Basic duties:
  • Chairman of Risk Management committee
  • Bring an independent, objective and external perspective to the board
  • Ensure the integrity of the accounting and financial reporting systems
  • Scrutinize the performance of management in meeting goals and objectives
  • Ensure compliance with the law and relevant standards
Risk ManagementFinancial Governance

Di ross & co ltd

Financial reporting, Financial controlling, Accounting, IFRS, IAS, Tax returns, VAT.

Apr 2008Feb 2017 · 8 yrs 10 mos · Limassol, Cyprus

  • Accounting for clients in various industries.
  • Financial reporting for clients in various industries.
  • Preparation and submission of tax returns (IR4s).
  • Preparation of management accounts.
  • Payment and submission of tax returns (income tax, social insurance,
  • Defence on rents, IR7, VAT, VIES).
  • Weekly bank reconciliation.
  • Reconciliation of accounts receivable and payable.
  • Preparation and issuing of invoices to clients Education.
  • Controlling payments to suppliers and ensure that double payments are avoided.
  • Cooperation with external auditors for the annual audit of companies in Cyprus, EU and Non-EU in annual external audits.
  • Communication with banks.
  • Consolidation.
  • Correspondence with clients.
Financial ReportingAccounting

Education

ACCA

The global body for professional accountants — Finance and Financial Management Services

Jan 2010Jan 2014

University of Piraeus

Bachelor’s Degree — Business administration

Jan 2003Jan 2007

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