To analyze, process and maintain the assigned company’s revenue financial transactions and records ensuring compliance with approved accounting standards and procedures.  Independently, prepares related budgets, financial reports and financial analysis; Interacts with internal and external parties such as government departments, banks, auditors, GSAs and suppliers in order to facilitate or resolve function-related matters as per adopted policies and procedures. 

Supervises and follows up on the GSA Accounts activities ensuring timeliness and accuracy in executing and recording all transactions (debit/credit) such as payments, overdue payments, reconciliations, interest recharges, etc., ensuring adherence to financial terms and conditions by the agents.    

Ensures all the Bank Guarantees received from Sales Agents are renewed as per agreed terms and timeframes in line with Company’s procedures. 

Follows up with the “Commercial Sales Department” to ensure no credit exposure at any given time. 

Makes sure all the Outstations corresponding expenses are timely recorded and reflected in the system before month-end closing this includes accrual of expenses as well as reconciliation of Vendors and GSA accounts. 

Monitors flow of activities with outsource service providers to ensure all invoices are posted on timely basis, addresses issues for remedial actions whenever needed, this includes maintaining and communicating the procedural manual to the service providers. 

Reviews Accrual Accounts for Direct Sectors Costs. 

Interacts and coordinates with Stakeholders, vendors, GSAs and others to support them with any queries on function-related matters and therefore take necessary action accordingly. 

Prepares the monthly MIS schedules & Budget details. 

Coordinates with external auditors on schedules to facilitate their audits and ensure smooth inspection as per instructed by his/her seniors.   

• Maintains customer confidence and protects operations by keeping financial information confidential. 

  Maintains professional and technical knowledge by attending educational workshops; reviewing professional publications and establishing personal networks.  Contributes to team effort by accomplishing related results as needed. 

  Generates function related reports such as the MIS reports or any other reports to be presented to the Manager on regular basis. 

  Performs any other duties as advised by the respective Line Manager. 

  Accounts Payable / GSA control Activities  

  Review and ensure the supplier invoices are received on timely basis for timely payments.  

  Communicate on daily – monthly basis as required in each dimension of business areas to concerned users for actioning all activities related supplier from Invoice inpit into the system until final payments. Utilize reports from the system so that specific users are made aware of their deliverable actions 

  Review the GSA paid invoices on regular basis, check the supporting and payment confirmations. 

  Review the clearing ledgers for GSA paid invoices to ensure all supplier invoices are posted and GSA related supplier payments are accounted on timely basis and the reconciliation is available.  

  Review and discuss the balance in the GSA related clearing ledgers with managers and highlight to the users for the required actions.  

  Discuss and highlight any inter-company recharges pending from the clearing ledgers with concerned users to ensure all related party recharges are done before month end closing.  

  Ensure the payments are done on due date basis, review the list of supplier payments which are due and not paid. 

  Check on weekly basis the supplier invoices not accounted and highlight to the users for posting the same on regular basis.  

  Check the statement of accounts, review the reconciliation and discuss the differences. 

  Review the delta between accruals and actual invoices and investigate the big ticket variances. 

  For Advance parties - check and verify that the invoices are received on timely basis and in the system nothing is pending more than 1 month. 

  Review the supplier ageing report and highlight the cases where the outstanding is more than 30 days.  

  Any prepayments - to check in the ERP system are matched against actual invoices. 

  Prepare a fortnightly report to cover above areas and highlight the issues to Heads/manager in the department 

Minimum Bachelor degree in Accounting / Finance/ Commerce or equivalent from a recognized university.

5+ years of comprehensive experience in corporate finance or accounting in Airline Industry; a minimum of 2 years at least as senior accountant handling revenue areas sections.