Accountant - Management Accounts

Job Summary

This role involves examining, processing, and maintaining the company's financial transactions and records, ensuring adherence to approved accounting standards and procedures. The accountant supports the preparation of budgets, financial reports, and analyses, while coordinating with government authorities, banks, auditors, GSAs, and suppliers as per company policies.

Key Responsibilities

• Maintain accounting controls and ensure financial security by auditing documents, following policies, and notifying management of discrepancies.
• Accurately record all financial entries in SAGE X3 according to accepted financial dimensions and document transactions properly.
• Process credit payments to GSAs after verification of documentation and approvals.
• Ensure all outstation related expenses are recorded and reflected in the system before month-end closing, including accruals and vendor reconciliation.
• Coordinate with the Commercial Sales Department to prevent any credit exposure.
• Manage outstation vendor invoices and queries, post invoices for approval in line with procedures, and collaborate with other departments to resolve issues.
• Handle assigned account Debit and Credit Notes, ensuring timely and accurate posting.
• Reconcile financial discrepancies across suppliers, GSAs, inter-company accounts, and hubs monthly.
• Review cost accounts along with monthly and annual closing by compiling necessary information.
• Examine balance sheet costs and prepare timely entries such as accruals and reversals.
• Oversee outsourced service provider activities, ensuring timely invoice posting and procedural compliance; maintain related manuals.
• Review non-technical cost areas by department to identify cost-saving opportunities and prepare budgets accordingly.
• Prepare, review, and verify monthly budget versus actual reports for all departments except Engineering, coordinate with department heads, and address queries.
• Create periodic special financial reports such as MIS reports by analyzing account information and trends.
• Secure financial data by performing database backups.

Qualifications and Skills

• Certified Chartered Accountant from ICAI.
• Advanced proficiency in Microsoft Office suite including Excel, Access, Word, PowerPoint, as well as internet research capabilities.
• Fluent English language skills.

Experience and Knowledge

• Minimum 3 years of comprehensive experience in corporate finance or accounting, preferably in a regional or multinational company.
• Experience with mid-sized companies operating regionally or internationally, ideally within airline, travel, or tourism industries; exposure to low-cost airlines is a plus.
• Sound understanding of accounting cycles, processes, and procedures.
• Thorough knowledge of accounting principles such as SFAS.
• Strong numerical and mathematical skills with high accuracy.
• Familiarity with requirements for internal and external audits.
• Experience using computerized accounting systems.
• Knowledge of financial modeling and emerging industry technologies.
• Exceptional financial analysis and reporting capabilities.
• Detail-oriented with strong confidentiality ethics and adherence to established procedures.