Revenue Accountant

Job Purpose

To analyze, process, and maintain the Company’s revenue accounts, including GSA revenue, GSA outstation expenses, direct sales, and ancillary revenue (as assigned), ensuring compliance with accounting standards and Air Arabia’s approved policies and procedures. The role involves accurate financial recording, reconciliation, reporting, and support to stakeholders including external auditors, GSAs, vendors, and internal departments.

Key Responsibilities

• Post and validate revenue transactions such as ticket sales, credit card sales, and ancillary income.
• Ensure accurate reflection of revenue in the BSP (Billing Settlement Plan) and perform reconciliations.
• Maintain timely and accurate records in the financial system in line with accounting policies.
• Reconcile GSA accounts, outstation expenses, and vendor transactions, ensuring timely resolution of discrepancies.
• Follow up on overdue payments, interest charges, and renewals of bank guarantees from sales agents.
• Coordinate with Commercial Sales to manage credit exposure.
• Prepare MIS reports, monthly revenue schedules, and support budget compilation as per requirements.
• Review accruals for direct sector costs and ensure completeness ahead of month-end closing.
• Liaise with GSAs, vendors, outsourced service providers, and internal teams to resolve finance-related queries.
• Support external and internal audits by preparing schedules and providing necessary documentation.
• Maintain confidentiality and accuracy of financial data; verify and act on suspected fraud transactions.
• Ensure compliance with internal policies and accounting standards throughout all activities.
• Stay updated on accounting practices and contribute to process enhancements and team efficiency.

Qualifications

• Bachelor degree in Accounting / Finance / Commerce or equivalent from a recognized university.
• Professional qualification as an Accountant is an advantage.
• Proficient in Microsoft Office, with advanced Excel skills.
• Fluent in English.
• Strong math and numerical reasoning ability and high accuracy are mandatory.
• Capable of meeting deadlines without compromising quality of outcome.
• High attention to detail, confidentiality, and adherence to procedures and set measures are a must.
• Cost-oriented, with effective negotiation and problem-solving skills.
• Able to balance technical expertise and interpersonal skills to interact with senior stakeholders and external providers.
• Capable of working long hours and under pressure.
• Able to contribute to and deliver against business strategy and set KPIs.

Work Experience

• 3+ years of comprehensive working experience in corporate finance or accounting in any industry, preferably at a regional or multinational company.
• Experience in the airline industry is an advantage.
• Experience in a computerized accounting environment is essential.
• Excellent financial, analytical and reporting skills.
• Sound knowledge of the accounting cycle, process flow and procedures is a pre-requisite.
• Comprehensive knowledge of accounting fundamentals and systems, such as SFAS (Statements of Financial Accounting Concepts).
• Very good exposure to financial models and new technologies in the industry.
• Proven ability to analyze data, identify irregularities and recommend corrective measures.