Accountant - Revenue (Dammam, KSA)
Air Arabia
Date: 8 hours ago
City: Dammam
Contract type: Full time
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 Result Responsibilities
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 Result 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.
- Bachelor degree in Accounting / Finance/ Commerce or equivalent from a recognized university.
- Professional qualification as an Accountant is an advantage.
- Proficient in Microsoft Office- Advanced Excel.
- Fluent in English Language (Arabic language is an advantage).
- Strong math and numerical reasoning ability and high accuracy are mandatory for this role.
- Capable of meeting deadlines without compromising quality of outcome.
- High attention to details, confidentiality, and ability to adhere to procedures and set measures are a must.
- Cost-oriented, possesses effective negotiation and problem solving skills.
- Ability to use a balance of technical expertise, and interpersonal relations to interact with senior level stakeholders and external providers to support company’s objectives.
- Capable of working for long hours and under pressure
- Demonstrates the ability to contribute and successfully deliver against business strategy and set KPIs.
- 3+ years of comprehensive working experience in corporate finance or accounting in any industry, preferably for a company operating on regional/ multinational level.
- Experience with Airline industry is an advantage.
- Experienced in a computerized accounting environment is essential.
- Excellent financial, analytical and reporting skills.
- Sound knowledge of accounting cycle, process flow and procedures is a pre-requisite.
- Possesses comprehensive knowledge in accounting fundamentals and systems such as SFAS (Statements of Financial Accounting Concepts).
- Very good exposure on financial models and new technologies in the industry.
- Proven skills in analyzing data, identifying irregularities and recommending corrective measures.
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