Finance Executive – Travel Sector

Recruitment Avenue; London; On-site; GBP 22,000 - 26,000; Full time

Job summary

An established industry player is seeking a Finance Executive to join their dynamic team in the travel sector. This exciting opportunity involves managing direct costs, processing payments, and ensuring financial accuracy within a vibrant office environment. The ideal candidate will have a strong background in finance, excellent numeracy and literacy skills, and a keen attention to detail. With a focus on providing exceptional service, you will play a crucial role in supporting the financial operations of a globally recognized tour operator. If you are passionate about finance and travel, this role offers a unique chance to thrive in a rewarding career.

Qualifications

• Experience in a finance team within a small company is essential.
• GCSE in Mathematics and English required for the role.

Responsibilities

• Manage and process all direct costs and vendor payments.
• Ensure accuracy of the direct cost ledger through reconciliations.
• Assist in preparing month-end accruals for management accounts.

Skills

Numeracy

Literacy

Attention to detail

Good telephone manner

PC competence (Word and Excel)

Interest in travel

Education

GCSE pass in mathematics

GCSE pass in English

Tools

Sun 6.3

Job description

Job Title – Finance Executive – Travel Sector

Job Location – London

Salary – £22k – £26k

Our client is a globally recognised and award-winning tour operator, offering luxury holidays to Asia and South America.

This role principally involves managing and processing all direct costs.

The position is based at a Global Head Office in London Bridge. The Company is located in a modern, bright and clean working environment within the London Bridge City complex which sits alongside the River Thames and is surrounded by numerous cafes, bars, restaurants, shops, supermarkets.

Hours are from 09.00hrs to 5.30hrs Monday – Friday and staff are occasionally required to assist outside of these times as required.

Responsibilities:

1. Processing all land costs on a global basis and presenting vendor companies with validated costs ready for payment.
2. Proactively dealing with all over-charges and ensuring that appropriate credit notes are received and processed.
3. Ensuring that all compensations as notified by Customer Relations and agreed by suppliers are recovered through the monthly billing cycle.
4. Reconciliations, as and when, to ensure accuracy of the direct cost ledger.
5. Raising all direct payments for approval and presenting authorised ‘signatories’ with comprehensive supporting documentation.
6. Managing China resource to ensure all Land invoices validated and ready for payment before month end.
7. Preparation of FX currency requirements and ensuring adequate credit in all non-sterling bank accounts.
8. Preparation of direct cost cash flow forecasts as and when required to support forward currency purchases.
9. Assistance in preparing month end accruals schedules for management accounts and annual audit.
10. Processing and reconciliation of all visa costs, including monthly prepayments.
11. BSP ticket reconciliation (flight costs) including reconciliation of direct debits and flight prepayment schedule.
12. Processing, checking and reconciliation of company credit cards.
13. Ensuring invoices are safely stored within electronic filing system.

In addition to the direct cost ledger there will be limited exposure to the sales ledger including:

1. Answering phone calls from direct customers and taking credit card payments.
2. Seasonally participating in chasing customers for overdue balances.
3. Posting all Bank Charges in Sun to work alongside the Credit Control Manager.

Key Skills/Experience Needed:

1. Previous experience in a small company’s Finance Team.
2. Numeracy, GCSE pass in mathematics.
3. Literacy, GCSE pass in English.
4. Honesty and integrity essential.
5. Good telephone manner.
6. PC competence: Word and Excel.
7. Attention to detail.
8. Presentable, there will be face to face contact with clients.
9. To have an interest in travel.

Skills – nice to have:

The following are not essential because training will be provided as and when, however, they will allow a candidate to stand out from other applicants:

1. Proven experience with Sun 6.3.
2. Financial qualification (full or partial).
3. Tour Operator or other travel sector experience.