Account Executive

Journeylabel; Mumbai; On-site; INR 700,000 - 1,100,000; Full time

Job summary

Journeylabel in Mumbai seeks an experienced accounting professional to own end-to-end financial operations for airlines and travel partners.

You will manage weekly IATA/BSP statements, process multi-currency vendor payments, monitor AR and collections, and perform reconciliations to ensure zero-defect records. You’ll support GST/VAT/TDS compliance and cash-flow forecasting, coordinating with travel designers and ops teams to verify margins.

Qualifications

• Bachelor's degree in Accounting, Finance, or Commerce required.
• 2+ years in accounting for travel industry preferred.
• Proficiency in IATA BSP Link and GDS ticketing audit data.
• Experience with foreign exchange and vendor payments.
• Strong Excel skills including pivot tables and advanced lookups.
• Knowledge of ADM/ACM and receivable aging.

Responsibilities

• Manage weekly IATA/BSP statements and ticketing reconciliation.
• Process vendor payments across multi-currency FX.
• Follow up on client billing and deposits to ensure timely collections.
• Perform bank, credit card and supplier reconciliations.
• Support month-end/year-end closures and GST/VAT/TDS compliance.
• Collaborate with travel designers and operations to verify margins.

Skills

IATA BSP Link

GDS Systems

ERP Software

MS Excel

Forex / FX

Receivables aging

Education

Bachelor's degree in Accounting/Finance

IATA Finance & Accounting certification

Tools

Tally

Zoho Books

NetSuite

Dolphin Travel ERP

Job description

Role & responsibilities

• Airlines & IATA Operations: Manage and process weekly IATA / BSP (Billing and Settlement Plan) statements, ensuring accurate ticketing reconciliation, refunds, void checks, and Commission Tracker updates.
• Accounts Payable (Vendor Payments): Process timely payments to travel suppliers, including hotel chains, private charter operators, DMCs, and cruise lines while managing multi-currency foreign exchange (FX) transactions.
• Accounts Receivable & Debtor Follow-up: Track client billing, deposit schedules, and final balances for travel packages. Actively follow up with clients, corporate accounts, and client representatives to ensure timely collections and clear outstanding receivables before travel departure.
• Accounts Reconciliation: Perform regular bank reconciliations, credit card settlement clearing, and supplier ledger reconciliations to keep accounting records zero-defect.
• Financial Reporting & Compliance: Support month-end and year-end financial closures, GST/VAT/TDS compliance, and assist management with cash-flow forecasting for upcoming travel seasons.
• Cross-Department Collaboration: Partner closely with travel designers, ticketing desks, and operations teams to verify margin integrity on custom itineraries before final client dispatch.

Requirements & Qualifications

• Education: Bachelors degree in Accounting, Finance, Commerce, or a related field. Professional certifications (e.g., IATA Finance & Accounting, ACCA, or CA Intermediate) are a strong plus.
• Experience: 2+ years of hands-on accounting experience specifically within a travel agency, tour operator, or hospitality environment.
• Technical Skills: Proficient in IATA BSP Link, GDS systems (Amadeus, Sabre, or Galileo for ticketing audit data), travel-specific ERP software (e.g., Travel Tripper, Dolphin, Tally, Zoho Books, or NetSuite), and advanced MS Excel (pivot tables, VLOOKUP/XLOOKUP, SUMIFS).
• Domain Knowledge: In-depth understanding of airline commission structures, ADMs/ACMs (Agency Debit/Credit Memos), foreign currency payments, credit terms, and receivable aging management.
• Soft Skills: Professional yet firm communication skills for debtor follow-ups, meticulous attention to detail, and discreet handling of financial transactions.

Key Performance Indicators (KPIs)

• Debtor Collection Efficiency: Maintain a 95%+ timely collection rate on client deposits prior to booking confirmations and ensure 100% full balance clearing before client travel dates.
• Accounts Receivable Aging: Keep Days Sales Outstanding (DSO) strictly within company targets, ensuring zero uncollected client balances past 60 days.
• IATA Settlement Accuracy: Achieve zero ADMs (Agency Debit Memos) resulting from accounting or ticketing discrepancies, along with 100% on-time BSP clearing.
• Vendor Payment Processing: Maintain a 98%+ on-time payment rate to partners to secure preferred vendor relationships and benefits.
• Reconciliation Timelines & Error Rate: Complete all monthly bank, ledger, and credit card reconciliations with less than 0.5% variance between bookings and final ledger entries.