New Accountant Joins Elite Air Ranks

Hermina Setkic graduated from the University of South Florida with degrees in accounting and finance after moving to the United States from Bosnia in 1996. She earned her CPA license in 2014.

Hermina Setkic graduated from the University of South Florida with degrees in accounting and finance after moving to the United States from Bosnia in 1996. She earned her CPA license in 2014.

Elite Air recently welcomed a new accountant, Hermina Setkic, to its administrative team after saying goodbye to longtime employee Cristine Davis.

“Cristine was a wonderful asset to our company, so we did not take the job of finding a new in-house accountant lightly,” Elite Air CEO Gray Gibbs said.

Gibbs described Setkic as a go-getter with a knack for numbers and willingness to jump into aviation. Born in Bosnia, Setkic moved to the United States in 1996 in the wake of the Balkan War. Her family made its home in Florida, where she attended the BETA Magnet Program at Gibbs High School and the University of South Florida. Setkic received a bachelor’s degree in accounting in 2008 and another bachelor’s, this time in finance, in 2009. She began working in public accounting later that year and received her CPA license in 2014. “In my spare time I enjoy traveling, good books and spending time with family and friends,” she said.

Taking over as Elite Air’s senior accountant, Setkic will provide each of the company’s clients with monthly financial reports, which include an accounting of pilot expenses, maintenance fees, fuel costs, landing fees, catering charges, contract employee wages (pilots, cabin servers, etc.) and charter revenues. The job requires extreme attention to detail and high-level organization, Gibbs said.

“The amount of work that goes into all the expenses that occur and providing owners with complete packages about what the airplane is earning and expensing, all the way down to the smallest expenditure, is a lot of work,” he said. “The package is over 100 pages for each owner.”

After eight years producing Elite Air’s financial reports, Davis is relocating to Texas, home to her husband’s new employer. “We will certainly miss Cristine and know she will do well in her future endeavors,” Gibbs said.