Incel Tourism LLC is one of the leading Destination Management Company based in Dubai, United Arab Emirates with a full fledge office in Lagos, Nigeria to cater for the growing Sub Saharan African market. As a licensed Inbound Tour Operator in UAE, the services we render to visitors, tourists and business travelers include taking care of all their travel arrangements including Visas, Flight Tickets, Hotel Booking, Tour Services and also MICE . We offer a spectrum of tailor-made tours packages covering cultural, historical and modern attractions of Dubai, Abu Dhabi and the other emirates of Sharjah, Ajman, Ras Al Khaimah, Um AlQuwain and Fujairah. Local services range from Hotel Bookings, Desert Safari Tours, Dubai City Tour, Airport Transfers, Medical Tourism, Dhow Cruise Dinner Dubai, Abu Dhabi City Tour, Burj Al Arab Tour Dubai, Dinner in Desert Dubai, Wild Wadi Water Park Tour, Burj Khalifa Tour Dubai, Water Park Dubai, Sharjah Tour Packages, Global Village Tour, Big Bus Tour Dubai, Al Ain Tourist Attractions, Wonder Bus Tours Dubai, Dubai Dolphinarium, Hatta Mountain Wadi, Jet Ski Tour Dubai, Fujairah East Coast Tour, Ski Dubai, Legoland Tour Dubai, IMG World of Adventures Dubai tour, Dubai Helicopter Tour, Oman Musandam Tour Dubai, Seaplane Tour Dubai and a host of other great places. Incel Tourism LLC has a full range of first class services and strives to be a world class tour company. Our goal is to introduce the beauty of U.A.E to the world, to share with our valuable guests the rich Arabian culture and history of U.A.E. Incel Tourism utilizes people, technology and service to be the tourism company of choice for all.
Position Summary
- The Accountant will be responsible for managing financial transactions, ensuring accurate accounting records, performing reconciliations, maintaining regulatory compliance, supporting financial reporting, and safeguarding company assets.
- The role requires a strong understanding of travel industry financial operations, including airline ticketing transactions, BSP reconciliations, vendor management, customer receivables, and regulatory compliance.
- The ideal candidate must possess a minimum of 6 years' experience in accounting and finance within the travel, tourism, aviation, or hospitality industry and demonstrate a strong understanding of financial controls, reporting, and compliance requirements.
Key Responsibilities
Financial Accounting and Reporting:
- Maintain accurate accounting records and ensure all financial transactions are properly recorded.
- Prepare monthly, quarterly, and annual financial reports.
- Prepare management accounts and financial performance reports.
- Assist in budget preparation and financial forecasting.
- Ensure compliance with applicable accounting standards and company policies.
Daily Sales Reconciliation:
- Review and reconcile Daily Sales Reports (DSR) against bookings, invoices, receipts, and accounting records.
- Verify the accuracy of ticketing, visa, hotel, and tour transactions.
- Investigate and resolve discrepancies promptly.
- Ensure all revenue transactions are accurately captured and reported.
Accounts Receivable Management:
- Monitor customer receivables and follow up on outstanding payments.
- Maintain an up-to-date receivables ageing report.
- Liaise with sales and operations teams to ensure timely collection of debts.
- Escalate overdue accounts and recommend recovery actions where necessary.
Accounts Payable Management:
- Process vendor invoices and payment requests.
- Verify supporting documents and approvals before payment processing.
- Maintain vendor accounts and payment schedules.
- Ensure timely settlement of approved vendor obligations.
Bank Reconciliation and Cash Management:
- Perform daily and monthly bank reconciliations.
- Monitor cash flow and bank balances.
- Investigate and resolve reconciliation variances.
- Ensure proper recording of all bank transactions.
IATA BSP and Travel Industry Compliance:
- Manage IATA BSP reconciliations and remittances.
- Ensure compliance with airline settlement requirements.
- Monitor airline credit facilities and payment deadlines.
- Maintain accurate records of BSP transactions and remittances.
Tax and Statutory Compliance:
- Ensure timely remittance of PAYE, Pension, VAT, Withholding Tax, and other statutory obligations.
- Maintain statutory compliance schedules.
- Liaise with regulatory authorities when required.
- Support audits and tax reviews.
Internal Controls and Risk Management:
- Ensure adherence to financial policies and internal control procedures.
- Identify financial risks and recommend mitigation measures.
- Support Internal Control and Audit reviews.
- Ensure proper segregation of duties and approval processes.
Asset and Inventory Management:
- Maintain fixed asset registers.
- Conduct periodic asset verification exercises.
- Monitor company inventory and travel-related assets.
- Ensure proper documentation of asset movements and disposals.
Financial Systems and Process Improvement:
- Utilize accounting and ERP systems effectively.
- Recommend improvements to financial processes and controls.
- Support automation and digital transformation initiatives within Finance.
Key Performance Indicators (KPIs)
- Accuracy of financial reports (minimum 98% accuracy rate).
- Timely completion of monthly financial reports.
- Daily bank reconciliation completion rate.
- Accounts receivable collection efficiency.
- Reduction in aged receivables.
- Timely settlement of vendor obligations.
- IATA BSP remittance compliance rate.
- Statutory remittance compliance rate (PAYE, Pension, VAT, WHT).
- Number of unreconciled transactions outstanding.
- Financial audit findings and resolution rate.
- Asset accountability and verification accuracy.
- Compliance with internal financial controls and policies.
Qualifications and Experience
- Bachelor's Degree or HND in Accounting, Finance, Economics, or a related discipline.
- Minimum of 6 years' relevant accounting experience within the Travel, Tourism, Aviation, Hospitality or relevant Industry.
- Professional certification such as ICAN, ACCA, ACA, ANAN, or equivalent is mandatory or in advanced stages of completion.
- Strong understanding of travel industry accounting processes and airline settlement systems.
- Experience with accounting software, ERP systems, and financial reporting tools.
- Knowledge of Nigerian tax laws and statutory compliance requirements.
Required Skills and Competencies:
- Financial reporting and analysis.
- Bank reconciliation and cash management.
- Accounts receivable and payable management.
- Budgeting and forecasting.
- Tax and regulatory compliance.
- IATA BSP reconciliation and airline accounting.
- Strong analytical and problem-solving skills.
- Attention to detail and accuracy.
- High level of integrity and confidentiality.
- Proficiency in Microsoft Excel and accounting software.
- Excellent communication and interpersonal skills.
- Ability to work under pressure and meet strict deadlines.