Senior Accountant

ASL Aviation Holdings DAC Budapest Hungary Finance
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Company Description

The ASL Aviation Group has its origins in Air Bridge Carriers in the United Kingdom which was formed in 1972, operating four Argosy aircraft to fly fresh produce from the Channel Islands.

This was quickly supplemented by ad-hoc charter work, with special emphasis on ‚awkward loads’ such as aircraft engines and heavy machinery for the developing North Sea oil fields.

1976 saw the arrival of the first of the Merchantman aircraft. This heralded an introduction to new markets such as fresh fruit flights through the Gulf and the Middle East and overnight newspaper flights. At the beginning of the 1980’s the overnight express parcels business was in it’s infancy within Europe and Air Bridge was ideally placed to take advantage. TNT, FedEx, DHL and UPS were all nightly customers. 

The company was subsequently acquired by the Hunting Group, and the fleet was enhanced further with the introduction of a fleet of Boeing 727 and Lockheed Electra aircraft (the majority of which were placed on the Irish register). It was in 1992 that the Hunting Group decided to re-brand all of its subsidiaries, Air Bridge changed overnight to Hunting Cargo Airlines, with a bold new corporate image. All of the airline’s operations were transferred to Ireland in 1997, a year that saw the introduction of the first Airbus A300-B4 to the fleet.

In 1997 the Hunting Group decided to sell off all it’s aviation related companies. In June 1998 it was announced that the airline had been sold to a consortium consisting of Compagnie Maritime Belge NV from Belgium and Safair (Pty) Ltd from South Africa (part of the Imperial Group). This prompted a change of name to Air Contractors (ACL). CMB have remained as shareholders until today. Following the restructuring of the services with DHL and the end of the operation of the Boeing 727s ACL acquired an interest in BAC Group Limited. Through this interest it has expanded it’s turbo-prop operations and embarked upon a major upgrade of the fleet with the modern and fuel efficient ATR family.

In 2007, Imperial disposed of all its aviation-related businesses which were acquired by CMB and 3P Airfreighters. At the same time an interest was acquired in Europe Airpost and its fleet of Boeing 737 Classic aircraft operating a combination of postal and passenger activities. This prompted the decision to rename the holding company ASL Aviation Group to co-ordinate the different operating companies under a new identity. Acquisition of the Safair Group was finalised in late 2010, which includes the leasing and airline operations, based in South Africa. In 2013, Safair introduced a BBEE (Broad-based Black Economic Empowerment) program, allowing ASL to retain a minority shareholding in the South African company.

In December 2014 ASL completed the acquisition of the Farnair Group in Switzerland. This acquisition increased the number of affiliate airlines in ASL to 7 and the number of aircraft owned and/or operated in the fleet to over 100. 

Most recently, in May 2016 ASL Aviation acquired the airline operations of TNT Express N.V., comprised of TNT Airways (Belgium) and Pan Air Líneas Aéreas (Spain). The two airlines were renamed ASL Airlines Belgium and ASL Airlines Spain respectively and brought the total number of airlines to 9. ASL can now avail of Air Operators Certificates (AOCs) in Europe, South Africa, South East Asia and India, enabling entry into new and growing markets.

Position

  • Responsible for company finances and finance department
  • Delivery of Finance Group Yearly and Monthly Reporting
  • Support of timely monthly, quarterly and annual financial closing processes and support for other Group reporting requirements such as Balance Sheet, Profit and Loss Account, Intercompany reconciliations etc
  • Accounting in the areas of fixed assets, banks, accruals, account receivables
  • Preparation of a tax returns, VAT refunds and other local taxes
  • Preparation of documents at the request of auditors

Requirements

  • 5+ years’ experience in Financial Accounting
  • Accounting qualification
  • Knowledge of SAP
  • High level of analytical skills, numeracy and financial awareness
  • Problem solving and time management skills
  • Fluency in English

Other information

  • Full time contract
  • Location: 1185 Budapest, Ferihegy