Stefaan Vanderschelden

 Main responsibilities: - In charge of the consolidation, monthly, quarterly and year end closings - Assist in the preparation of the financial consolidated statements and the quarterly press releases  Main achievement: - Implementation of a group reporting package to formalize the collection of information and make easier the preparation of the financial statement and notes

 Main responsibilities: - In charge of the General, payables and receivable accounting, bank relationship - Main contact person for all financial matters for two entities - Managed a team of 3 accountants  Main achievement: - Finalized the implementation of the accounting system Navision

 Main responsibilities: - In charge of all the accounting, monthly closing, annual financial statement under LUXGAAP, management of one junior - VAT monthly and annual returns - Prepared Intrastat and Statec reports  Main achievements: - Set-up of all the accounting processes and procedures, Hyosung was new registered company in Luxembourg - Implementation from the ERP system Navision (Accounting, Stocks, Purchases)

Preparation of the files of consolidation for the clients

 Main responsibilities: - Quarter and annual consolidation of the group - Reporting to the Head Office in France, under IFRS rules - Check of the consolidation packages, validation and import in the consolidation software.  Main achievements: - Preparation of the new procedures compliant with IFRS rules - Updated of the reporting packages to be compliant with IFRS rules - Set-up of quarterly meetings for the accountants to improve the reporting process and to develop staff motivation

 Main responsibilities: Payables, receivables, treasury accounting, solo accountant  Main achievements: - Implementation of a monthly Profit and loss, balance sheet reporting - Analytical accounting per bus line and per truck

 Main responsibilities: - Supervision of the accounting and supplying departments - Relationship with the banks, auditors  Main achievements: - Analysis, selection and implementation of the ERP BPCS (Accounting, Purchases, stock)

Chief Accountant. (1993 – 1997)  Main responsibilities: - Monthly reporting to the management, monthly income statements and balance sheet - Management of a team of accountants, receivables, suppliers, general and analytical accounting - Quarterly and annual reporting to the mother company in France  Main achievements: - Automation of the reporting to the Group - Wrote the procedures of accounting department, to be in line with the ISO process of the site