Accountant

Job Summary

The Accountant will be responsible for managing the day-to-day accounting and financial operations of the travel agency. This includes maintaining accurate financial records, handling accounts payable and receivable, reconciling bank and credit card statements, managing commission tracking, and ensuring compliance with financial regulations and tax requirements. The role demands strong attention to detail and a thorough understanding of financial principles specific to the travel industry.

Key Responsibilities

Financial Operations & Reporting

• Manage the full cycle of accounting activities, including preparing, reviewing, and analyzing financial statements (Balance Sheet, Income Statement, Cash Flow).

• Perform month-end and year-end close processes efficiently and accurately.

• Ensure accurate and timely processing of accounts payable (vendor invoices, operational expenses) and accounts receivable (client payments, agent commissions owed).

• Conduct regular and timely bank and credit card reconciliation.

• Process and track employee expense reports and petty cash.

Travel-Specific Accounting

• Handle client billing and ensure proper documentation for all travel bookings (flights, hotels, tours, insurance).

• Manage the complex structure of travel agent commissions (payable and receivable) and ensure accurate settlement with suppliers and agents.

• Track and reconcile IATA/ARC (Airlines Reporting Corporation) transactions and remittances.

• Monitor and account for various forms of payment, including credit card merchant fees and foreign currency transactions.

Compliance & Analysis

• Assist in the preparation of regulatory reports and tax filings (e.g., Sales Tax, VAT, Income Tax).

• Maintain the General Ledger and ensure that all financial transactions are properly documented and classified.

• Analyze budget variances and provide management with insights into operational efficiency and profitability by segment (e.g., corporate travel, leisure travel).

• Assist with internal and external audits.

Qualifications & Skills

Required Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field.

• Proven 2-3+ years of experience as an Accountant, preferably within the travel, hospitality, or service industry.

• Solid knowledge of Generally Accepted Accounting Principles (GAAP).

• Proficiency in accounting software (e.g., QuickBooks, SAP, Oracle) and advanced Excel skills (pivot tables, VLOOKUPs).

Preferred Skills

• Experience with travel-specific accounting software (e.g., Trams, Sabre, Amadeus back-office systems) is a significant advantage.

• Familiarity with IATA/ARC reporting and commission reconciliation processes.

• Strong analytical and problem-solving skills.

• Excellent communication and interpersonal skills for liaising with clients, vendors, and internal staff.

• It is a Full Time Accountant job for candidates with 1 - 4 years of experience.

More about this Accountant job

1. What is the eligibility criteria to apply for this Accountant job?
   Ans: The candidate should be Graduate and above and above with 1 - 4 years of experience of experience
2. How much salary can I expect for this job role?
   Ans: You can expect a salary of ₹20000 - ₹22000 per month that depends on your interview. It's a Full Time job in Chennai.
3. How many working days are there for this Accountant job?
   Ans: This Accountant job will have 6 working days.
4. Are there any charges applicable while applying or joining this Accountant job?
   Ans: No, there is no fee applicable for applying this Accountant job and during the employment with the company, i.e., Yes Me Holidays.
5. Is it a work from home job?
   Ans: No, it’s not a work from home job and can't be done online.
6. How many openings are there for this Accountant role?
   Ans: There is an immediate opening of 1 Accountant at Yes Me Holidays
7. Who can apply for this job?
   Ans: Only Female candidates can apply for this Accountant job.
8. What are the timings of this Accountant job?
   Ans: This Accountant job has 10:01 AM - 05:30 PM timing.