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C U R R I C U L U M V I T A E
Name: Costas Melanides
Titles: B.A., MCMI, CIA
E-mail address: melanidesc@sfsnet.com (W)
melanidis@cytanet.com.cy (H)
Place & Date of birth: Nicosia, 13/3/1958
Marital status: Married
Number of children: 3
Nationality: Cypriot
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ACADEMIC QUALIFICATIONS
1970 – 1977 – The English School Nicosia (Leaving Certificate)
1979 – 1982 – Greenwich University (ex Thames Polytechnic), London
(Batchelor of Arts (Honours) in Political Economy)
1988 – The Chartered Management Institute (ex British Institute of Management)
(MCMI - Full membership status)
2006 – The Institute of Internal Auditors (CIA – Certified Internal Auditor)
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Conferences, Seminars and other professional training courses attended
- The 2007 International Conference of Internal Auditors, Amsterdam, The Netherlands
- The 2006 European Conference of Internal Auditors, Helsinki, Finland
- The 2005 European Conference of Internal Auditors, Larnaca, Cyprus
- Supervisory Development
- New Income Tax Provisions
- Organization & Basic Functions of the Human Resources Department
- Improving Negotiating Skills
- Multimedia in Business
WORK EXPERIENCE
December 2003 – Today : SFS Group Public Company Ltd
Group Internal Auditor
- Setting up of an Internal Audit Department
- Formulating of the Internal Audit Charter
- Training internal audit staff
- Conducting financial, operational and compliance internal audit engagements
- Assessing the effectiveness of existing internal controls and providing
recommendations for their enhancement
- Providing consulting services to management for the most efficient and
effective use of resources
- Reporting to the Audit Committee and the Board of Directors
- Cooperating with the External Auditors for maximum audit coverage and
avoidance of duplication of work
April 2000 – October 2003 : Suphire (Finance) Ltd
General Manager
- Starting off a new company (employing and training staff, acquiring and
operating I.T. hardware and software, promoting the new business, applying internal
controls, etc.)
- Control of operations of all departments
- Reporting to the Board of Directors on performance and prospects
- Budgeting
September 1990 – March 2000 : Euroinvestment & Finance Ltd
Deputy General Manager
- Starting off a new company (employing and training staff, acquiring and operating I.T.
hardware and software, promoting the new business, applying internal controls, etc.)
- Promotion and oversight of all hire-purchase business
- Management and control of the Accounts Department
- Promotion and oversight of Bills of Exchange business
September 1989 – August 1990 : Stavros Holdings Ltd
Chief Accountant
- Responsible for the correct recording and reporting of the financial data of a chain of hotel
enterprises
- Computerisation of the accounting and payroll systems
- Control over fixed and current assets of all hotels
- Examination of the correctness of bills payable for new hotel projects under construction
- Budgeting
July – August 1989 : The Ledra Hotel, Nicosia
Chief Accountant & Acting H.R. Manager
- Responsible for the correct recording and reporting of he financial data of the hotel
- Inspection and control over inventories
- Payroll preparation
- Check and payment of accounts payable
- Check and collection of accounts receivable
- Income analysis
- Budgeting
- Maintaining all staff records
- Reporting to the General Manager on staff issues, e.g. annual and sick leave, days off entitled,
training needs, Trade Union issues, etc.
September 1983 – July 1984 : Peat, Marwick, Mitchel & Co. (Nicosia) – Chartered
Accountants
Audit Clerk
- General external audit services
- Invoicing and vouching
- Bank reconciliations
- Fixed Assets Registers check
- Approvals and authorizations on payments
September 1982 – May 1983 : C. Charles & Co. (London) – Certified Accountants
Audit Clerk
- Invoicing and vouching
- Bank reconciliations
- V.A.T. returns
PROFESSIONAL MEMBERSHIPS
- Member of the Institute of Internal Auditors (U.S.A.)
- Member of the Cyprus Chapter of the Institute of Internal Auditors
- Member of the Chartered Management Institute (U.K.)
- Member of the Pancyprian Association of Economists & Emporiologists
OTHER PAST ACTIVITIES
- Ex member of the Board of Directors of the Electricity Authority of Cyprus
- Ex member of the Board of Directors of the Pancyprian Association of Stock Exchange Investors
COMPUTER LITERACY
- MS Office (Word, Excel)-
- Accounting Software (Synthesis, Sun Accounts, Eurosoft)
- Internet
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