Head of Accounting

Head of Accounting

Brussels Airlines

Brussels, Belgium


The Head of Accounting is responsible for the complete, timely and accurate closing and controlling of the company’s books, for both the Brussels office as well as the outstations, in line with accounting policies, company accounting rules and deadlines. S/he is in charge of delivering and maintaining regular reports to management (MIS, balance sheet analysis), shareholders (Annual Reports, IFRS reports) and other stakeholders (Work’s Council info) as well as support the external audit review.

Key result areas

Manage the General Accounting team

  • Manage and coach the internal team and plan the activities for the General Accounting Specialists, the Outstations support and Bank Recording and Cash Management teams. Current team size is 7 FTE. Develop the resources of the department.

Defines the General Accounting and tax practices, processes and procedures

  • Keep general accounting practices and procedures in line with accounting policies (BGAAP and IFRS) and company policies, and implement any recommendations as required from internal or external audit reviews;
  • Ensure timely reporting on monthly basis (monthly, close, group reporting, IFRS) and Annual Accounts (BGAAP) as well as Annual Work council Information;
  • Ensure correct calculation, recording and declaring of income taxes (including deferred), indirect taxes and passenger taxes. Ensure proper follow-up of tax audits and coordination with Corporate Tax department;
  • Ensure compliance with Lufthansa Group accounting guidelines and various reporting requirements including Tail Sign reporting, Intercompany accounts (WIP), quarterly and annual notes to the accounts;
  • Ensure a continuous improvement on accounting processes in order to shorten the closing deadlines, meet timeline and quality standards from stakeholders such as Controlling, Management and Group;
  • Ensure to prepare for changes in accounting rules (IFRS) or Lufthansa reporting requirements and prepare team to deal with these requirements.

Cash Management

  • Keep all cash management processes up-to-date and compliant with proper internal controls and 4-eyes principle. Ensure efficient and timely processing of payments;
  • Ensure adequate bank relations are maintained in order to safeguard the company’s liquidities;
  • Ensure adequate processes to compile short and long term cash flow forecasting in order to ensure that adequate liquidity levels are maintained and timely management action can be assured.

Guarantee quality

  • KPI’s to follow up on processes;
  • Put in place the necessary framework in order for the teams to deliver excellent performance in quality of financial data as a solid basis for the company’s internal and external reporting. Quality is determined as:
    • First time right accounting entries;
    • Timely completion of closing, reporting, auditor’s ‘prepared by client’ list, annual reports and other major reporting deadlines;
    • Timely tax declarations;
    • Payment on time;
    • No major audit comments.

Compliance & Internal Controls

  • Act as coordinator for the Lufthansa Group Internal Control System (IKS);
  • Test the M&E spare parts warehouse cycle counts.

Complexity – Contacts


  • Overall responsibility for accounting processes with inputs from across the company and various finance departments.


  • CFO and Controlling as main internal customers;
  • Lufthansa Corporate Accounting (FRA CV), Corporate Treasury (CH) and Corporate Controlling Financial Risks (CC/F), Corporate Tax (CX);
  • Internal and External Audit;
  • National Bank.


  • Minimum Bachelor’s degree in Accounting, Master degree preferred (Finance related); Continued education in accountancy and fiscal matters, consolidation, IFRS;
  • Minimum 5 years of relevant business experience in (a) large company(ies);
  • Minimum 3 years of people management experience;
  • Analytical skills, facts and figures minded;
  • Ability to diagnose and structure complex issues;
  • Interpersonal skills: ability to communicate across all levels of the organization;
  • Good team and people management skills;
  • Excellent verbal and written skills;
  • SAP or other relevant tools knowledge.

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© EuroJobsites 2020

EuroJobsites is a registered company number: 4694396 VAT number: GB 880 9055 04

Registered address: EuroJobsites Ltd, Unit 8, Kingsmill Business Park, Kingston Upon Thames, London, KT1 3GZ, United Kingdom

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