Junior Accountant - Revenue Recognition and Interline The Emirates Group
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Posted 2 hrs ago
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Experience
3 - 5 Years
Job Location
Education
Bachelor of Commerce(Commerce)
Nationality
Any Nationality
Gender
Not Mentioned
Vacancy
1 Vacancy
Job Description
Roles & Responsibilities
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.
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.
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.
Specific to Revenue Services
Passenger Flown:
- 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.
Accounting and Interline:
- Reconcile on a regular basis the Sales, Interline, and Revenue related clearing accounts to ensure that accounts reflect the correct and realistic balances.
- Generate accounting entries for the differences between Head Office and Station accounting and ensure that necessary corrective action is taken.
- Evaluate and pass necessary accounting entries for provision, accrual, reversal, booking revenue and exchange difference etc.
- Raising invoices, billing memos, credit notes and credit memos on various customers through the relevant Finance system(s) based on information supplied by various cost centres.
- Audit and account inward billed invoices and credit notes after cost centre approval. Raise rejections as instructed by cost centres.
Desired Candidate Profile
To be considered for the role, you must meet the below requirements:
- 3+ years experience in Finance and Insurance Accounts
- Finance background preferred
You ll have an edge if you have:
- Working knowledge of office automation software like Word, Excel and Power point.
- Good analytical and investigative skills and ability to multitask.
- Specific to Fare Revenue Protection, Passenger Flown, Refund and Revenue Master Management.
- Knowledge of fares, ticketing (preferably with IATA qualification. Working knowledge of advanced fares and Global
- Distribution Systems (GDS) would be an added advantage.
Department / Functional Area
Keywords
- Junior Accountant - Revenue Recognition And Interline
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The Emirates Group
At Emirates Group, we connect the world through our global hub in Dubai, ensuring our customers always Fly Better. As one of the most recognised and admired brands globally, we re driven by innovation and excellence. Join us as a Junior Accountant on the Revenue Recognition and Interline team, and play a key role in driving financial strategy and decision-making for a global business. Experience a fast-paced, multicultural environment where your financial expertise will be central to shaping the future of aviation while making a meaningful impact on a global stage. Based in Dubai, the Emirates Group is a highly profitable business with a turnover of approximately US$18.4 billion and over 50,000 employees. The Group comprises of dnata, one of the largest air services provider globally and Emirates airline, the Group’s rapidly expanding and award-winning international carrier. Currently, Emirates flies to over 125 destinations across 6 continents on a modern fleet of 180 wide-bodied aircraft... Essential to the Group’s 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.