Revenue Accounting Specialist (Interline)

flyadeal; Jeddah; On-site; SAR 40,000 - 60,000; Full time

Job summary

A leading airline company in Saudi Arabia is seeking a Revenue Accounting Specialist responsible for managing the end-to-end partnership with sales. The ideal candidate should have a Bachelor’s degree in Accounting/Finance and at least 3 years of relevant experience. Responsibilities include preparing revenue reports, maintaining SOPs, and participating in contract negotiations. Strong analytical skills and attention to detail are essential. This role offers a chance to work in a dynamic environment.

Qualifications

• Minimum +3 years Interline experience, Codeshare, GDS, BSP, familiar with IATA billing and reconciliation.
• Multicultural.

Responsibilities

• Conduct all sales Vs collection/Deposits reconciliation process and outcome reports.
• Prepare daily/monthly sales and revenue entries.
• Maintain and update all accounting SOPs related to revenue accounting.
• Prepare the required credit/debit notes in a timely manner.
• Create Revenue Accounting Balance Sheets reconciliation reports.
• Validate Revenue Accounting data.
• Prepare all key contact Revenue Accounting Reports.
• Maintain contract documentation related to all partnerships.
• Actively participate in related contract negotiation and review.
• Ensure accurate processing for revenue accounting reports monthly.
• Guarantee effective dispute management.
• Maintain and optimize all interline/codeshare and SPA agreements.
• Monitor all agencies’ transactions.
• Perform fare audit and conduct Proration analysis.
• Process inward, outward billing, and rejection memo.
• Maintain Tax liability domestic/international and VAT.

Skills

Excellent analytical skills

Expert MS Office skills

Attention to detail

Excellent interpersonal skills

Stress tolerance

Multitasking

Education

Bachelor’s degree in Accounting / Finance

Tools

Navitaire system

Job description

The role is responsible for handling the end-to-end partnership with our distribution direct and indirect sales; ensuring accurate collection, reconciliation, and accounting for settlement; processing and recording all revenue-related transactions and compliance of such transactions with internal and industry Revenue accounting guidelines and regulations.

Key Responsibilities

• Conduct all sales Vs collection/Deposits reconciliation process and outcome reports while maintaining their accuracy and completeness.
• Prepare daily/monthly sales and revenue entries and ensure submitting on timely manner.
• Maintain and update all accounting SOPs related to revenue accounting Policies, and draft accounting SOPs for new/improved processes that are related to any change in industry requirements.
• Prepare the required credit/debit notes in a timely manner.
• Create Revenue Accounting Balance Sheets reconciliation reports for management review and approval.
• Validate Revenue Accounting data and update as required to ensure correct processing of flyadeal passenger revenue.
• Prepare all key contact Revenue Accounting Reports.
• Maintain contract documentation related to all partnerships implemented.
• Actively participate in related contract negotiation and contract review with Legal Sales teams.
• Ensure completeness, timeliness, and accurate processing for revenue accounting reports and documents on monthly basis.
• Guarantee the implementation and adherence to processes that ensure effective dispute management and prompt resolution.
• Maintain and optimize all interline/codeshare and SPA agreements.
• Monitor all agencies’ transaction (online, GSA, OTA, and BSP)
• Perform fare audit and conduct Proration analysis.
• Process inward, outward billing, and rejection memo.
• Maintain Tax liability domestic / international and VAT.

Requirements

• Bachelor’s degree in Accounting / Finance.
• Minimum +3 years Interline experience, Codeshare, GDS, BSP, familiar with IATA billing and reconciliation.
• Excellent analytical skills are essential.
• Expert MS Office skills.
• Expert in Navitaire system.
• Multicultural.
• Attention to detail.
• Excellent interpersonal skills
• Multitasking.
• Stress tolerance.