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Revenue Accounting Lead

flyadeal Egypt

JeddahFull-time

6–11 years of experience

3 months ago

Job description

The Revenue Accounting Lead is responsible for leading the organization's revenue accounting function, ensuring the 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 the 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

  • Process Improvement

  • Financial Analysis

  • Stakeholder Management

  • Bachelor's degree in Accounting, Finance, or a related field.

  • Minimum of 6 years of experience in Revenue Accounting, Financial Accounting, or a related finance function.

  • Strong knowledge of IFRS, particularly revenue recognition principles (IFRS 15).

  • Extensive experience in financial reconciliations, month-end close, and financial reporting.

  • Advanced proficiency in Microsoft Excel and Microsoft Office applications.

  • Experience using ERP or enterprise accounting systems (SAP, Oracle, Microsoft Dynamics, or equivalent).

  • Strong analytical, problem-solving, and process improvement skills.

  • Experience managing complex accounting processes and cross-functional projects.

  • Aviation industry experience is highly desirable.

Preferred Qualifications

  • Professional accounting qualification such as SOCPA, ACCA, CPA, CMA, or equivalent.
  • Experience with airline passenger revenue accounting, BSP, GDS, ancillary revenue, or loyalty accounting.
  • Experience participating in ERP implementations or finance transformation projects.

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