Finance Officer

The Finance Officer, with the support of the Executive Director, an accountant and in cooperation with other ELF departments, is responsible for the financial processes and reporting of the organisation in compliance with the relevant Belgian and European regulations (in particular EU regulation 1141).

The main tasks include:

• Manage the organisation's financial and accounting processes and implement relevant policies and procedures that ensure transparent and effective financial management.

• Together with the Executive Director, take the lead in monitoring financial spending of various ELF’s Units in preparation of the annual budget, financial planning, and the application for the European Parliament grant.

• In cooperation with the Accountant, prepare the closing of the annual accounts, including financial reports and statements (balance sheet and P&L statement) with variance analysis and explanation, tracking ELF's overall financial performance.

• Provides recommendations to the senior management on allocations of financial resources throughout the year.

• Provides ex-ante and post facto financial control of ELF activities in accordance with European Parliament guidelines.

• Manages and executes incoming and outgoing transactions, including treasury and cash management, and provides cash flow projections.

• Takes the lead in the implementation of the external and internal audit in line with Belgian GAAP and IFRS and requirements as set by the European Parliament grant.

• Liaises with external accounting support.

• Ensures that ELF complies with legal financial obligations, including those with the European Parliamentary Authority and DG FIN and requirements regarding publication in the Moniteur Belge. This may require liaising with ELF’s law firm and other external service providers.

• Other ad-hoc tasks as required by the organisation.