07 Aug
|
Recognized
|
India
Key Responsibilities
• Develop and implement comprehensive financial strategies for the airline business vertical aligned
with company growth targets and profitability objectives.
• Negotiate payment terms with airline partners and GDS providers to optimize working capital and
improve margins while maintaining solid relationships.
• Work with the Managing Director to set financial targets, forecast airline business performance,
and identify strategic growth opportunities within the airline ticketing segment.
• Build and mentor a high-performing finance team capable of managing increasing transaction
volumes, implementing automation, and maintaining accuracy at scale.
Operational
• Manage complete payables processes including invoice receipt, verification, approval workflows,
and timely payment to airlines and GDS partners while maintaining compliance.
• Oversee receivables management — ensuring accurate invoicing to travel agents,
follow-up on
outstanding payments, and minimizing Days Sales Outstanding while maintaining agent
relationships.
• Execute full account reconciliation including GST reconciliation, TDS reconciliation, agent
settlement statements, and airline commission verification on a monthly basis.
• Maintain internally audited monthly Profit & Loss statements for the airline business reflecting
accurate revenue, cost of goods sold, commissions, and operating expenses.
• Implement and monitor monthly financial close procedures ensuring accuracy and timeliness
across all transaction types and agent segments.
• Coordinate with travel agents and airline partners to resolve billing disputes, settlement
discrepancies, and payment issues systematically and fairly.
📌 Finance Head Airlines (India)
🏢 Recognized
📍 India