Accountant

Job Summary:We are seeking a detail-oriented and experienced Accountant for a travel agency with working knowledge of IATA processes, BSP reporting, and airline accounting systems. The ideal candidate will be responsible for managing financial transactions, ensuring compliance with IATA regulations, and maintaining accurate financial records related to ticketing, refunds, commissions, and vendor payments.

• Key Responsibilities:Accounting & Financial Management:Maintain day-to-day accounting operations including accounts payable, receivable, and general ledger.
• Prepare and manage financial statements, reports, and reconciliations.
• Monitor cash flow, expenses, and revenue streams.
• IATA & BSP Handling:Manage BSP (Billing and Settlement Plan) reconciliation and reporting.
• Ensure timely submission of BSP reports and payments.
• Handle airline billing, ADM/ACM (Agency Debit/Credit Memos) reconciliation.
• Coordinate with airlines and IATA for discrepancies and clarifications.
• Ticketing & Revenue Accounting:Reconcile ticket sales (GDS & LCC) with accounting systems.
• Verify commissions, incentives, and overrides from airlines and vendors.
• Monitor refunds, cancellations, and reissuance transactions.
• Taxation & Compliance:Ensure compliance with GST, TDS, and other statutory requirements.
• Prepare and file tax returns accurately and on time.
• Maintain records for audits and regulatory inspections.
• Banking & Reconciliation:Perform bank reconciliations and resolve discrepancies.
• Monitor payment gateways and online transaction settlements.
• Vendor & Client Management:Process supplier invoices and ensure timely payments.
• Follow up on receivables from corporate and retail clients.
• Reporting & Audit:Assist in internal and external audits.
• Prepare MIS reports and financial analysis for management review.

• Required Skills & Qualifications:Bachelor’s degree in Accounting, Finance, or related field.
• Minimum 2–5 years of experience in a travel agency accounting role.
• Strong knowledge of IATA BSP procedures and airline accounting.
• Familiarity with GDS systems (Amadeus, Galileo, Sabre) is an advantage.
• Proficiency in accounting software (e.g., Tally, QuickBooks, or similar).
• Good understanding of GST and Indian taxation laws.
• Strong analytical and problem-solving skills.
• Excellent attention to detail and organizational skills.

• Preferred Qualifications:Experience in handling international ticketing accounts.
• Knowledge of foreign exchange transactions and multi-currency accounting.
• Prior experience in an IATA-certified travel agency.

• Key Competencies:Accuracy and attention to detail
• Time management and deadline orientation
• Communication and coordination skills
• Integrity and confidentiality

• Salary & Benefits:Competitive salary based on experience
• Performance-based incentives
• Opportunities for growth and professional development

Note: Candidates with prior experience in travel agency accounting and IATA BSP handling will be given preference.