Job Description
Position Overview:
The accountant plays a key leadership role in managing the financial operations of our Travel & Tours company. This position ensures accurate accounting, compliance with industry-specific regulations, proper handling of travel-related financial transactions, and preparation of financial statements to support decision-making. The role requires strong knowledge of travel agency billing, supplier reconciliations, IATA processes, and cost control.
Key Responsibilities:
Financial Accounting & Reporting
- Prepare monthly, quarterly, and annual financial statements.
- Maintain the general ledger, ensuring timely and accurate posting of all transactions.
- Manage month-end and year-end closing processes.
- Analyse financial data and provide insights to management on revenue, expenses, and profitability.
- Ensure compliance with accounting standards and organisational policies.
Travel Industry Accounting
- Oversee IATA accounting, including reconciliation of statements and settlement files.
- Monitor supplier (airlines, hotels, DMCs, car rentals) invoices and reconcile balances.
- Validate tour packages, ticketing revenue, commissions, refunds, voids, and cancellations.
- Track client and corporate bookings, ensuring accurate invoicing and revenue recognition.
- Manage travel vouchers, credit notes, and prepaid expenses.
Accounts Payable & Receivable
- Oversee timely settlement of supplier payments.
- Ensure accurate billing to customers and timely collection of receivables.
- Review and reconcile credit card transactions, travel cards, and bank receipts.
Budgeting & Cost Control
- Assist in the preparation of annual budgets and forecasts.
- Monitor operational costs associated with tours, ticketing, and travel services.
- Recommend improvements to reduce costs and optimise profitability.
Audit & Compliance
- Coordinate with external and internal auditors.
- Ensure compliance with UAE tax regulations, VAT, and tourism-related statutory requirements.
- Maintain proper documentation for tax filings and corporate regulatory audits.
Process Improvement
- Streamline accounting workflows to increase accuracy and efficiency.
- Implement internal controls specific to Travel & Tours operations.
- Support automation or integration of accounting systems with booking engines/GDS (e.g., Amadeus, Galileo, Sabre).
Team Leadership
- Supervise junior accountants and finance staff.
- Provide training and guidance on travel industry accounting processes.
- Review team work to ensure accuracy and compliance.
Qualifications & Skills
- Bachelor’s degree in Accounting, Finance, or related field (CPA/ACCA preferred).
- 4–7+ years of accounting experience; minimum 2 years in the Travel & Tourism industry highly preferred.
- Strong knowledge of IATA processes and travel supplier accounting.
- Experience in tax audit preparation and report experience (mandatory)
- Currently, in the UAE is mandatory
Technical Skills
- Proficiency in accounting software (Tally, SAP, Oracle).
- Familiarity with GDS systems (Amadeus, Sabre, Galileo) is a plus.
- Strong Excel and financial analysis skills.
Key Competencies
- Attention to detail and strong analytical ability.
- Ability to manage deadlines and handle high-volume transactions.
- Excellent communication and problem-solving skills.
- Integrity and strong ethical standards.
Work Environment
- Office-based role with potential coordination with ticketing, reservations, operations, and sales teams.
- May involve occasional after-hours work during month-end or peak travel seasons.
Interested candidates, please send your resume to:
