Revenue Accounting Lead
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Key skills for this role
About the Role
The Revenue Accounting Lead is responsible for leading the organization's revenue accounting function, ensuring the accuracy and integrity of revenue recognition, reconciliation.
Key Skills for This Role
Responsibilities
- Lead the end to end Revenue Accounting function, ensuring accurate, timely, and complete recording of all revenue streams
- Review and approve complex revenue reconciliations, journal entries, account analyses, and month end revenue reports
- Ensure compliance with IFRS, company accounting policies, and applicable regulatory requirements
- Manage reconciliation of passenger revenue, online sales, ancillary revenue, cargo, loyalty programs, accounts receivable, and other revenue streams
- Monitor integrity of revenue interfaces between reservation systems, commercial platforms, payment gateways, ERP systems, and General Ledger
- Investigate revenue discrepancies, identify root causes, coordinate corrective actions, and ensure timely resolution
- Analyze revenue trends, KPIs, exception reports, and outstanding balances, providing recommendations to senior management
- Lead User Acceptance Testing (UAT), system implementations, finance transformation initiatives, and process improvement projects
- Review new commercial initiatives, partnerships, payment solutions, and contracts to ensure appropriate accounting treatment and revenue process design
- Maintain and continuously improve Revenue Accounting policies, Standard Operating Procedures (SOPs), and internal control documentation
- Strengthen financial controls over revenue processes and support internal and external audit activities
- Collaborate with Finance, Commercial, IT, Digital, Legal, and external stakeholders to optimize revenue accounting operations
Requirements
- Lead the end to end Revenue Accounting function
- Ensure compliance with IFRS, company accounting policies, and regulatory requirements
- Manage reconciliation of passenger revenue, online sales, ancillary revenue, cargo, loyalty programs, accounts receivable, and other revenue streams
- Monitor integrity of revenue interfaces between reservation systems, commercial platforms, payment gateways, ERP systems, and General Ledger
- Lead User Acceptance Testing (UAT), system implementations, finance transformation initiatives, and process improvement projects
- Review new commercial initiatives, partnerships, payment solutions, and contracts to ensure appropriate accounting treatment
- Maintain and improve Revenue Accounting policies, SOPs, and internal control documentation
- Strengthen financial controls over revenue processes and support internal and external audit activities
- Collaborate with Finance, Commercial, IT, Digital, Legal, and external stakeholders
Full Job Posting
Role Overview
- The Revenue Accounting Lead is responsible for leading the organization's revenue accounting function, ensuring accuracy and integrity of revenue recognition, reconciliations, financial reporting, and internal controls across all revenue streams.
- The role plays a critical part in maintaining compliance with IFRS, supporting financial close activities, leading revenue related projects, and driving continuous process improvements across finance systems and commercial operations.
Key Responsibilities
- Lead the end to end Revenue Accounting function, ensuring accurate, timely, and complete recording of all revenue streams.
- Review and approve complex revenue reconciliations, journal entries, account analyses, and month end revenue reports.
- Ensure compliance with IFRS, company accounting policies, and applicable regulatory requirements.
- Manage the reconciliation of passenger revenue, online sales, ancillary revenue, cargo, loyalty programs, accounts receivable, and other revenue streams.
- Monitor the integrity of revenue interfaces between reservation systems, commercial platforms, payment gateways, ERP systems, and the General Ledger.
- Investigate revenue discrepancies, identify root causes, coordinate corrective actions, and ensure timely resolution.
- Analyze revenue trends, KPIs, exception reports, and outstanding balances, providing recommendations to senior management.
- Lead User Acceptance Testing (UAT), system implementations, finance transformation initiatives, and process improvement projects.
- Review new commercial initiatives, partnerships, payment solutions, and contracts to ensure appropriate accounting treatment and revenue process design.
- Maintain and continuously improve Revenue Accounting policies, Standard Operating Procedures (SOPs), and internal control documentation.
- Strengthen financial controls over revenue processes and support internal and external audit activities.
- Collaborate with Finance, Commercial, IT, Digital, Legal, and external stakeholders to optimize revenue accounting operations.
Knowledge & Skills
- Revenue Accounting
- Revenue Recognition (IFRS 15)
- Financial Reporting
- General Ledger (GL)
- Accounts Receivable (AR)
- Revenue Reconciliation
- Deferred Revenue
- Internal Controls
- Audit
- Compliance
- ERP Systems
- Advanced Microsoft Excel
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