Chief Financial Officer (m/f/x)

For our department Finance within General Services, we are looking for a (an):

Chief Financial Officer (m/f/x)

Main duties:

• Responsible for Controlling, Treasury, Credit Control, Revenue Accounting, General Accounting, ESG reporting and Central Purchasing, with overall responsibility for financial governance, performance and resilience across Luxair Group entities
• Provide leadership and direction to the Finance functions, ensuring effective cross-functional coordination and operational efficiency
• Lead ESG reporting strategy, governance, reporting and regulatory compliance
• Support the Board of Directors, CEO and the Management teams, by providing reporting and insights on financial performance, capital allocation, investments, risks, strategic opportunities and long-term value creation
• Advise on long-term financial planning, including strategic investments and business cases
• Lead external financing arrangements, including management of key banking relationships, debt and aircraft financing, and oversee compliance with financial covenants and related contractual obligations
• Oversee working capital management, cash-flow optimisation and financial risk exposure to ensure adequate liquidity and financial resilience
• Lead implementation of the Finance transformation roadmap, including continuous assessment and monitoring of risk management, internal controls and the optimisation and digitalisation of Finance processes and systems to enhance efficiency, reliability and cost-effectiveness
• Oversee budgeting, financial forecasting, multiyear business planning, cash-flow projections, financial reporting and performance monitoring
• Reinsurance management and activities, governance, financial performance and regulatory compliance
• Support oversight of financial controls relating to payroll and other material HR-related expenditure processes
• Partner with business units and departmental managers to support operational and commercial decisions, implement financial policies and improve business performance
• Develop relations with external partners and stakeholders, including banks, auditors, regulators, shareholders and where relevant key commercial partners
• Oversee financial aspects of mergers and acquisitions, including financial due diligence, valuation and investment appraisal
• Lead jet fuel, CO2, electricity and foreign exchange hedging activities and ensure compliance with internal policies and procedures
• Oversee tax planning, reporting and compliance
• Review and analyse business finance related procedures, and propose processes optimization
• Ensure compliance with LuxGAAP, IFRS where applicable, and relevant accounting and consolidation, tax and financial regulations
• Maintain integrity & reliability of Luxair’s financial statements and manage external audit needs and reporting packages and ensure appropriate financial governance and internal controls
• Lead, develop and empower Finance teams through clear objectives, accountability, talent development and succession planning
• Exercise direct reports management and leadership through clear and measurable objectives
• Identify and implement cost optimisation and revenue enhancement initiatives to improve profitability and sustainable financial performance
• Maintain in-depth knowledge of aviation industry and liaise with specialized third parties for expert advice on financial, legal and regulatory issues as appropriate
• Drive financial transparency, performance management and a culture of financial accountability throughout the organisation

Required profile:

Minimum required criteria:

• Master degree in Finance, Economics, Accounting or Business Administration
• At least 10 years of relevant experience in Finance leadership or senior management roles, including significant team management responsibilities, preferably in aviation, transport or capital-intensive industries
• Strong interpersonal and influencing skills, with the ability to collaborate across functions and engage effectively with executive management, Board members and stakeholders
• Show excellent communication and presentation skills in English and French (spoken and written), additional knowledge of German and/or Luxembourgish is an advantage
• Be proactive, flexible, and motivated to work in a multicultural environment
• Strong analytical capabilities, strategic thinking, sound business judgement and attention to detail
• Proven experience in leading complex projects, organisational change and Finance transformation initiatives
• Solid understanding of corporate finance, treasury, liquidity management and financial risk management
• Good knowledge of LuxGAAP, IFRS, Management Accounting and applicable tax rules
• Proven management capabilities, with the ability to develop teams, manage priorities and deliver measurable results
• Good knowledge of risk management and internal control frameworks, including internal and external audit processes
• Strong self-motivating and organisational skills
• High standards of integrity, professional ethics and confidentiality of data

Desired or to be acquired criteria:

• Knowledge of aviation economics, aircraft financing, fleet investment and commodity hedging
• Good negotiation skills with a persuasive and assertive approach
• Proficiency in financial systems, ERP solutions and/or advanced analytical tools
• Knowledge of GDPR requirements, ESG reporting standards, sector-specific regulations, financial, accounting, tax and regulatory compliance
• Experience with financial digitalisation and process automation

The ideal candidate:

• Has proven experience in aviation, transport, logistics or another capital-intensive industry
• Has a strong understanding of the financial and operational challenges of an airline business
• Knowledge of the Luxembourg environment, including political, social and labour stakeholders
• SAP or other ERP experience is an asset.