Senior Accountant Full-time Job

3 weeks ago   Accounting & Finance   Dubai   180 views Reference: 33739
Job Details

Job Accountabilities

Generic

Perform periodic process reviews/risk assessment techniques, identify system/process-related discrepancies/limitations/revenue leakages, handle qualitative analysis, and compile data for KPIs, and analytical reports required by Senior Management.

Maintain reconciliation standards through regular review of reconciliation functions and internal controls. Review all reconciliation nominals and follow-up for open items with an aim towards closure of the same within the stipulated timeline. Identify high variances in the nominals and investigate causes of the same and liaise with stakeholders for resolutions and corrective action.

Explore opportunities and collaborate and coordinate with the Finance teams and relevant stakeholders for process improvements, system enhancements, automation and escalate anomalies and provide recommendations to the Senior Management.

Assist auditors in coordination with the Finance Controller and handle queries with reference to quality controls, quality reports, and procedures.

Liaise with various stakeholders to resolve discrepancies regarding agreements/ circulars/ reconciliation to ensure relevant information is interpreted and updated accurately for continuity, clarity, and completeness.

Analyse the data generated using trends/comparative analysis/industry data and escalate meaningful observations that are causing yield dilution or revenue leakage etc. to concerned stakeholders for appropriate corrective action.

Manage, motivate, and develop the team into a cohesive working unit, maximize team accuracy and productivity so that respective team deliverables are completed in the most cost-effective way and as per the set KPIs

Perform User Acceptance Testing for Finance products to ensure system requirements are met

Specific to EK Revenue Services (EKRS)

Manage revenue accounting and audit of Cargo Revenue Recognition, Sales liability, Interline billing, receivables, and expenses in accordance with IATA rules and regulations with staff support. Ensure that these are accounted accurately and in a timely manner, and reflect the correct values in the monthly Financial Statement.

Identify the other Revenue leakage areas in Revenue Accounting or any discrepancies/reporting issues and ensure that corrective action based on the type of discrepancy is taken and escalated at the level as outlined in Standard Operating Procedure so that the revenue of the company is protected.

Perform completeness and integrity checks in the relevant Financials system and liaise with the other teams within the section to ensure that the closing disciplines and monthly deadlines are met. Evaluate codeshare contracts interpreting the complex contractual clauses to establish accurate billing values in inward/outward billing file and highlight discrepancies, if any.

Ensure billing disputes on complex agreements are resolved within the required time frame incorporated in RAM (governed by IATA) and Codeshare Agreements/SPAs.

Manage Codeshare partner relationship and operational audits as stipulated in the agreement. Analyse the OAL documents on EK metal to identify and highlight areas of potential yield dilution/fare discrepancy and evaluate the total impact on EK.

Liaise with OAL, Commercial, Revenue Optimisation and IATA in connection with queries, disputes, issues, and feedback to ensure timely resolution.

Conduct pre and post-closing reviews to ensure accurate and complete billing and accounting function.

Support External audit requirements by resolving their queries/observation, providing justification as required.

Support Team Lead with analytical/compliance data requirements for key business decisions, Interline reporting and escalations.

Qualifications & Experience

Job Requirements

Experience

Finance & Insurance- Accounts 5+ Years

7+ years relevant experience

Qualification

Bachelor's Degree in Finance

Additional Finance qualification preferable

Company Description
Based in Dubai, the Emirates Group employs over 103,363 staff from more than 160 nationalities. The Emirates Groups extensive and diverse international portfolio includes the worlds largest international airline, Emirates, and one of the largest combined air services provider in the world, dnata. For the year financial year ending 2017-18, the Emirates Group posted a profit of AED 4.1 billion (US$ 1.1 billion). Within the Group there are a diverse range of businesses which offer a wide spectrum of career opportunities, all of which can be explored through the Group's dedicated careers website, emirates.com/careers
Essential to the Groups ongoing success is the employment of high-quality people who benefit from living and working in Dubai, a modern cosmopolitan city offering one of the most desirable lifestyles in the world. The Emirates Group employees come from over 160 nationalities, receive tax-free salary and benefits package, and are offered professional development opportunities to further their careers with the organisation. If you are a high-performer, seeking a career challenge, personal and professional development, and reward and recognition for your contribution, then the Emirates Group is the perfect opportunity for you. To find out more about the career opportunities the Emirates Groups offers and how to become part of our future growth and rapid success, visit emirates.com/careers