Revenue Accountant

Outsidecapital; Cape Town; On-site; ZAR 200,000 - 300,000; Full time

Job summary

A dynamic boutique airline seeks a Revenue Accountant to ensure accurate financial reporting and drive strategic decision-making. The ideal candidate will have a Bachelor's degree in Accounting and a proven track record in revenue recognition. This role offers the chance to work closely with senior leadership and contribute to a growing business known for innovation and exceptional customer service.

Qualifications

• Proven track record in accounting, preferably with experience in revenue recognition or financial reporting.
• Comprehensive knowledge of revenue accounting principles and standards such as IFRS.
• Ability to analyze and interpret financial data, identify trends and provide insights.

Responsibilities

• Ensure accurate revenue accounting and reporting across all channels.
• Reconcile all payment types and channels to minimize bad debt.
• Prepare and submit accurate weekly and monthly debtor reports.

Skills

ASC 606

Loyalty Marketing

GAAP

Journal Entries

Pivot tables

Accounting

Microsoft Dynamics

Account Reconciliation

SOX

Microsoft Dynamics GP

ERP Systems

NetSuite

Education

Bachelor's degree in Accounting, Finance or a related field

Tools

Microsoft Dynamics 365 Business Central (BC)

Microsoft Excel

Job description

Overview

Role Title : Revenue Accountant

Client Summary :

Join a dynamic and innovative boutique airline part of a larger global aviation group. Our client is renowned for its unique approach to customer experience creating memorable journeys with touches of fun and entertainment. They foster a culture of innovation agility and a strong sense of community having successfully navigated challenging market conditions through strategic vision.

Job Description :

Are you a seasoned Revenue Accountant looking for an impactful role where you can truly shape financial reporting and drive strategic decision-making Our client is seeking a proactive and detail-oriented Senior Revenue Accountant to play a pivotal role in their finance team. This is a fantastic opportunity to contribute to a growing and exciting business known for its exceptional customer service and innovative spirit. Youll work closely with a supportive team have direct exposure to senior leadership and the chance to refine and automate critical financial processes. If you thrive in a fast-paced environment enjoy working with large datasets and are passionate about ensuring financial accuracy this role is for you!

Responsibilities :

• Ensure accurate revenue accounting and reporting across all channels providing clear insights for executive decision-making.
• Reconcile all payment types and channels to minimize bad debt and optimize cash flow.
• Prepare and submit accurate weekly and monthly debtor reports.
• Build and maintain strong relationships with debtors to ensure timely payments and resolve any outstanding queries.
• Contribute to revenue forecasting and cash flow management processes.
• Process and verify monthly wallet expiries and drive automation for efficiency.
• Manage financial processing of monthly provisions and write-offs related to wallet expiries.
• Monitor and track trade exchanges against budget ensuring alignment.
• Compile Debtor and Wallet Ageing Reports.
• Prepare weekly Unflown Ticket Liability (UTL) reports to assess exposure.
• Reconcile UTL to ensure accurate reporting on debtors bank funds and trade receivables.
• Liaise with banking partners and treasury on fund availability for payments.
• Collaborate with the data team to enhance data accuracy and reporting automation.
• Process EFT and BSP refunds accurately.
• Handle financial processing of revenue-related transactions and associated costs.
• Refine and automate reports to maximize accuracy and efficiency.
• Address audit queries related to debtors UTL and wallet entries.
• Undertake ad-hoc responsibilities and projects to support departmental operations.

Requirements :

Must-Haves :

• Bachelors degree in Accounting Finance or a related field.
• Proven track record in accounting preferably with experience in revenue recognition or financial reporting.
• Comprehensive knowledge of revenue accounting principles and standards such as International Financial Reporting Standards (IFRS).
• Proficiency in financial reporting and the ability to prepare accurate and timely financial statements including revenue-related disclosures.
• Strong understanding of complex accounting issues related to revenue recognition (e.g. multiple-element arrangements software revenue long-term contracts).
• Experience with revenue accounting systems and software such as Microsoft Dynamics 365 Business Central (BC).
• Proficiency in Microsoft Excel and other financial analysis tools.
• Strong attention to detail to ensure accuracy and adherence to standards.
• Ability to analyze and interpret financial data identify trends and provide insights.
• Effective communication and interpersonal skills for cross-functional collaboration.
• Understanding of internal control procedures and regulatory compliance.
• Experience in debtor management and cash flow optimization.

Nice-to-Haves :

• Familiarity with the aviation industry and its revenue recognition practices.
• Experience with credit control or debtors clerk roles.
• Demonstrated initiative and a self-starter mentality.

Key Skills

ASC 606,Loyalty Marketing,GAAP,Journal Entries,Pivot tables,Accounting,Microsoft dynamics,Account Reconciliation,SOX,Microsoft Dynamics GP,ERP Systems,NetSuite

Employment Type : Full-Time

Experience : years

Vacancy : 1