Revenue Accounting Specialist (Interline)

flyadeal; Jeddah; On-site; SAR 150,000 - 200,000; Full time

Job summary

A regional airline is seeking a professional to manage end-to-end revenue accounting. Responsibilities include conducting reconciliations, preparing revenue reports, and maintaining accounting SOPs. Ideal candidates hold a Bachelor's degree in Accounting or Finance and have at least 3 years of relevant experience in interline transactions and IATA billing. Excellent analytical skills and proficiency with MS Office and Navitaire are required. The position is based in Jeddah, Saudi Arabia.

Qualifications

• Minimum +3 years of interline experience, familiar with IATA billing and reconciliation.
• Capable of handling various agency transactions including GDS and BSP.

Responsibilities

• Conduct sales vs collection reconciliation process and prepare reports.
• Prepare daily/monthly sales and revenue entries with timely submission.
• Maintain accounting SOPs and draft new ones for improved processes.
• Prepare required credit/debit notes promptly.
• Monitor and optimize interline/codeshare agreements.

Skills

Excellent analytical skills

Expert MS Office skills

Attention to detail

Excellent interpersonal skills

Multitasking

Stress tolerance

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.