Junior Accountant

Roles and responsibilities

• To process revenue accounting transactions, clear exceptions, raise invoices, trigger accounting, conduct reconciliation, fare/refund audits, master updates, reviews and other processing functions as per approved ISO Standards and Procedures.
• To identify and evaluate discrepancies, resolve queries with the respective internal or external stakeholders and preclude inconsistent results accompanied by maintenance of detective and prevention controls. Improve customer experience through high-quality deliverables, effective issue resolution and structured communication.
• To assist the Supervisor or Officer in pre/post-closing accounting functions and ad-hoc assignments.
• Support internal and external customers by providing required information and answering queries.
• Amend the fare construction string on passenger tickets to bring it in line with the IATA standard. This activity involves checking the fare construction string to ensure that the codes and amounts have been placed in the proper positions in line with IATA fare construction rules.
• Handle proration exceptions in RAPID (Revenue Accounting Proration Interline and Decision Support System). This activity involves committing the point of turnaround and true destination of the journey,
• answering proration related questions by checking the ticket data elements and referring the reference data related items to the Reference data team for further action.
• Handle tax processing exceptions in RAPID which involves breaking XT/ZZ tax, computing the collectible taxes on each sector (using RAPID screen TXP2001) and matching the collectible taxes with the collected amount.
• Handle yield/fare checks and other processing exceptions. This activity involves comparing the system computed net prorate value on the sector with the average yields given to the staff followed by checking the ticket data in RAPID to ensure the data is correct.
• Audit and account inward billed tickets. Raise rejection in case of overbilling.
  

Experience

Qualifications & Experience

Finance & Insurance/Accounts : 3+ Years

Qualifications

Degree or Honours (12+3 or equivalent):

Degree in Finance or Accounting related preferred.

Experience in Finance and/or Accounting in a Supervisory capacity.

Knowledge/skills

Knowledge and experience in Revenue Accounting functions such as passenger fares, proration, and interline billing.

Desired candidate profile

As a Junior Accountant, several key skills and qualifications are essential for success in the role. Here are some important ones:

1. Basic Accounting Knowledge: Understanding of fundamental accounting principles and practices, including debits, credits, and financial statements.

2. Attention to Detail: Strong focus on accuracy to ensure financial data is recorded and reported correctly.

3. Proficiency in Accounting Software: Familiarity with accounting software (e.g., QuickBooks, Sage, or Excel) for managing financial transactions and reports.

4. Data Entry Skills: Efficient and accurate data entry skills to maintain financial records and documentation.

5. Analytical Skills: Ability to analyze financial information and identify discrepancies or issues.

6. Time Management: Strong organizational skills to prioritize tasks and meet deadlines, especially during busy periods like month-end closings.

7. Communication Skills: Clear verbal and written communication abilities to interact with colleagues and assist in explaining financial information.

8. Teamwork: Collaborative mindset to work effectively with other accounting team members and departments.

9. Adaptability: Willingness to learn and adapt to new processes, tools, and regulatory changes.

10. Ethics and Confidentiality: Understanding the importance of maintaining confidentiality and integrity in handling financial information.