Accounts Officer - Financial Reporting & Reconciliation - TJ / 1896690

Recruit AI · Islamabad, Pakistan

Our client MENZIES-RAS Pvt Ltd is looking for a Accounts Officer - Financial Reporting & Reconciliation in Islamabad

To manage day-to-day accounting activities, airline sales and settlement records, receivables/payables, bank transactions, and financial reporting while ensuring accurate and timely recording of travel agency transactions.

Key Responsibilities

• Record daily sales, receipts, payments, expenses, and other accounting transactions.
• Ensure all transactions are properly supported with relevant documents.
• Perform daily reconciliation of accounting records with operational reports.
• Record and reconcile daily airline ticket sales, refunds, voids, and adjustments.
• Prepare daily/weekly/monthly sales and settlement reports.
• Monitor airline deposits, top-ups, credit limits, and agent balances.
• Reconcile airline statements with internal records and investigate discrepancies.
• Maintain agent/customer receivable ledgers and follow up on outstanding balances.
• Verify supplier and airline invoices before processing payments.
• Record and reconcile daily bank transactions.
• Prepare bank reconciliation statements.
• Maintain branch cash and petty cash records.
• Assist in provide daily, weekly, and monthly financial reports.
• Provide sales, collection, receivable, payable, bank, and profitability information to management.
• Assist in month-end closing and preparation of financial schedules.
• Maintain proper filing of invoices, receipts, payment documents, bank records, and airline settlement documents.

Key Skills & Competencies

• Good knowledge of accounting principles and bookkeeping.
• Strong Excel skills and ability to work with accounting systems.
• Knowledge of airline ticketing and travel agency accounting will be an advantage.
• Good communication and coordination skills.

Qualification & Experience

• Qualification: B. Com / MBA
• Experience: 2–4 years of relevant experience in accounting, preferably in a travel agency, airline, GSA, or ticketing environment.
• Experience with “Ticketing Accounting software” will be an advantage.

Responsibilities

• Record and maintain daily sales, receipts, payments, expenses, and all other financial transactions accurately and promptly.
• Ensure all accounting transactions are properly supported with complete and relevant documentation.
• Perform daily reconciliations between accounting records and operational reports to identify and resolve discrepancies.
• Record and reconcile daily airline ticket sales, including refunds, voids, and adjustments, maintaining accuracy in airline sales data.
• Prepare and submit detailed daily, weekly, and monthly sales and settlement reports to inform management decisions.
• Monitor airline deposits, top-ups, credit limits, and balances for travel agents to maintain financial control and compliance.
• Reconcile airline statements with internal records, investigate any anomalies and ensure timely resolution of discrepancies.
• Maintain up-to-date agent and customer receivable ledgers and consistently follow up on outstanding balances to support cash flow.
• Verify accuracy of supplier and airline invoices prior to payment processing and maintain complete payment records.
• Record and reconcile daily bank transactions and prepare comprehensive bank reconciliation statements, ensuring accuracy.
• Manage branch cash and petty cash records carefully, ensuring compliance with company policies and procedures.
• Assist in the preparation and delivery of financial reports on a daily, weekly, and monthly basis to support management oversight.
• Provide accurate sales, collections, receivables, payables, banking, and profitability information to support strategic planning.
• Support month-end closing processes by preparing necessary financial schedules and ensuring all records are complete.
• Maintain thorough filing systems for all invoices, receipts, payment documents, bank statements, and airline settlement records to facilitate audit and review processes.