Our areas of expertise
Budget, Management Control and Budget Inspection
- Budget Advisor
This person issues advice on the budget proposals in the framework of budget development. This advice is aimed at checking whether the instructions issued by the Budget minister and the Government are being respected (for example the maximum growth percentage).
This person also gives advice to those discussion partners involved on the matter of budgetary affairs.
- Budget Controller
This person issues advice on cases that are to be submitted for decision by the Government or the ministers and that have budgetary repercussions (in the form of expenditure or income). This advice is aimed at checking whether budgetary rules are being respected.
- Management Controller
This person coordinates all details with regard to the degree of accomplishment of the Region's strategic and operational objectives. He or she analyses these details and clarifies them in periodic reports.
- Back Office
This person manages payment orders and receipts connected with the management of direct debt and the investments over more than a month made by the Brussels Regional Public Service. He/she takes care of entering all contracts in the Brussels Regional Public Service's ERP application, creating the validity scheme for cash flows and monitoring their implementation.
- Cash Pooling Manager
This person manages the coordination of the regional treasuries within the Financial Coordination Centre for the Brussels-Capital Region. He/she coordinates the cash flows and supervises the liquidity of cash pooling. He/she sets the operating allowances of the centralised institutions.
- Financial Advisor (Middle office)
This person analyses those financial dossiers submitted for advice and input. He/she advises the Brussels Regional Public Service and/or the regional institutions with regard to financial management.
- Financial Analyst (Middle office)
This person is responsible for the management of information concerning the direct, guaranteed and consolidated debt. He/she processes the financial data and analyses it using analytical and statistical tools. He/she determines strategic indicators to evaluate the regional debt, such as the duration, liquidity, structure in terms of fixed/variable interest rate, average costs. He/she projects the costs of Brussels Regional Public Service's debt over a number of years of based on macro-economic scenarios.
- Front Office Manager (Front Office)
This person is responsible for managing the financial portfolios or risks (direct debt, guaranteed debt, consolidated debt, third party portfolios).
He or she presents strategies to the government, negotiates financial transactions (lending or borrowing, related products, etc.) and performs these in the name of the Brussels-Capital Region. He or she negotiates with entities requesting the regional guarantee . He or she coordinates the expertise of Front Office staff.
- Legal & Compliance Officer (Front Office)
This person is responsible for ensuring that financial transactions comply with the financial regulatory frameworks (EMIR regulations, Mifid-guideline, ISDA etc.) He or she monitors that the Region respects its contractual obligations towards its financial partners in the framework of agreed financial contracts. He or she carries out judicial-financial analysis and formulates recommendations related to dossiers entrusted to the Front Office (financial constructions, etc.)
- Guarantee & Project Finance Officer (Front Office)
This person is responsible for new process with regard to allocation of the regional guarantee. He or she is charged with monitoring the beneficiaries over time, updating their risk profile and recognising any signs of risk. He or she is to prepare specific advice, as well as risk warnings and content analysis (including sector analysis).
- Market Risk Officer (Front Office)
This person is responsible for monitoring financial market indicators (tariffs, volatility, etc.) "in real time" in the context of portfolios or risk managed by the Front Office, with the support of tools such as Bloomberg and Reuters.
- Credit & Advisory Officer (Front Office)
This person is responsible for consolidating the regional entities' financial portfolios (consolidation to be carried out according to Eurostat - ESA 2010). He or she keeps a record of the financial commitments made by the consolidated bodies and provides updates of the data, tracks down intrinsic risk factors and merges the positions concerned with those of the direct debt in order to form a global picture of the regional consolidated portfolio. He or she gives advice and support with a view to finding funding for those bodies requesting it.
Financial Management and accounts
- The Coordinating Accounting Officer for Expenditure
This person is charged with ordering the cashier to make payments, and instructing internal and external transactions, within the boundaries of the liquid assets available and in line with the authorised officers instructions. He is also charged with short-term forward transactions of under thirty days and manages those accounts that are necessary for registering transactions connected to the revenue on loans or investments of surplus, as well as accounts opened to book interest.
- The Accounting Officer for Disputes
The Accounting Officer for Disputes is charged with managing payment orders which no longer satisfy the original terms with regard to the creditor's identity in determining the established right or in the case of payment order disputes, namely in the case of arrest, seizure, resistance, endorsement or renunciation. Those payment orders that are in dispute are to be passed to him by the Coordinating Accounting Officer for Expenditure, who, using his account, credits the appropriate amount to the account of the Accounting Officer for Liquid Funds. This latter account is then to be debited once the beneficiaries are effectively paid.
- The Accounting Officer for Liquid Funds
This person is charged with managing the payment requests that are not carried out, mainly because the creditor or beneficiary is unknown, in the event of death or a change of address.
The aforementioned payment orders are passed to him by the Coordinating Accounting Officer for Expenditure, who, using his account, credits the appropriate amount to the account of the Accounting Officer for Liquid Funds. This latter account is then to be debited once the creditors are effectively paid.
- Accounting Officer
This person is charged with registering the daily bookings and/or keeping a record of certain accounts. He/she collects, coordinates and controls the accounting details for which he is responsible.
- Consolidation Officer
This person is charged with creating the consolidated accounts of a group of institutions. To do so he gathers the accounts from the institutions within the group and reworks them to present them as if they were one single economic entity.
- Internal Accounting Controller
This person is charged with checking the reliability of financial information, measuring the effectiveness and efficiency of transactions and checking whether the relevant laws, legislation and procedures are respected. If necessary he/she requests that the necessary regularisations are performed.
Control of commitments and settlements
- Commitment Controller
This person inspects whether the legal and regulatory requirements are applied correctly, in particular the budget principles and rules concerning government contracts and allocation of subsidies.
Financial control and sound financial management
- Financial Controller
This person is more specifically charged with controlling the management accounts used by the Accounting Officers and the economic and commercial attachés, carrying out inspections of subsidies from the European Structure funds and sound financial management, including regional subsidies.
- Audit Officer
The auditor is a member of the group of European auditors charged with co-auditing expenditure from those beneficiaries belonging to his/her own legal domain that are financed by the European schemes for territorial collaboration.