
Financial Accountant Travel Industry
2 days ago
A highly skilled Financial Accountant is required to join our team in the travel industry. The ideal candidate will have extensive experience in accounting for travel agencies, including managing financial records, reconciling bank statements, and processing travel bookings.
Key Responsibilities:
- Manage financial records for the travel agency, including accounts payable, accounts receivable, and general ledger entries.
- Reconcile bank statements and credit card transactions regularly.
- Understand and apply industry-specific accounting principles, such as commissions, travel expenses, and revenue recognition.
- Process billing, invoicing, and payment processing related to travel bookings.
- Maintain a comprehensive understanding of various miles and reward programs (e.g., frequent flyer programs, hotel loyalty programs, credit card rewards).
- Provide expert guidance on program benefits and redemptions to clients.
- Analyze financial reports and statements to evaluate the agency's financial health and performance.
- Identify opportunities to improve profitability and cost management.
- Ensure compliance with relevant financial regulations and tax requirements.
- Collaborate with external accountants or tax professionals as needed.
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