Accounts Head - Travel Industry - CA

Job Summary:

We are seeking an experienced Chartered Accountant (CA) to lead the Finance & Accounts function for a growing travel organization. The ideal candidate should possess strong managerial capabilities, expertise in financial planning, accounting operations, taxation, compliance, audits, and reporting, preferably within the Travel & Tourism industry. The candidate will be responsible for ensuring financial accuracy, regulatory compliance, profitability analysis, and efficient team management.

Key Responsibilities:

• Lead and oversee the complete Finance & Accounts function.
• Develop and implement financial policies, controls, and procedures.
• Prepare annual budgets, forecasts, and financial plans.
• Monitor cash flow, working capital, and fund management.
• Provide strategic financial insights to senior management.

Accounting Operations:

• Manage day-to-day accounting activities, including:

• 1. Accounts Payable
• 2. Accounts Receivable
• 3. General Ledger
• 4. Bank Reconciliation
• 5. Vendor Payments
• 6. Revenue Recognition

• Ensure timely month-end and year-end closures.
• Review financial statements and management reports.

Taxation & Compliance:

• Ensure compliance with GST, TDS, Income Tax, and other statutory regulations.
• Manage tax filings, assessments, and departmental audits.
• Coordinate with external auditors, tax consultants, and regulatory authorities.
• Stay updated with changes in accounting and taxation laws.

Travel Industry Financial Management:

• Monitor airline, hotel, DMC, visa, and vendor reconciliations.
• Manage BSP reconciliations and travel-related financial transactions.
• Analyze package profitability, margins, and operational costs.
• Oversee foreign exchange transactions and travel-related payments.
• Ensure accurate accounting of travel bookings, cancellations, refunds, and commissions.

Team Leadership:

• Lead, mentor, and manage the Accounts & Finance team.
• Assign responsibilities and monitor team performance.
• Conduct periodic training and process improvement initiatives.
• Foster a culture of accountability and financial discipline.

Reporting & Analysis:

• Prepare MIS reports, P&L statements, balance sheets, and cash flow reports.
• Present financial performance reports to management.
• Conduct variance analysis and recommend corrective actions.
• Support business expansion and investment decisions through financial analysis.

Required Qualifications:

• Chartered Accountant (CA) Mandatory.
• 8-15 years of progressive experience in Finance & Accounts.
• Minimum 35 years in a managerial or leadership role.
• Prior experience in the Travel & Tourism industry preferred.
• Strong knowledge of accounting standards, taxation, and financial regulations.
• Experience handling audits, compliance, and financial planning.

Key Skills:

• Financial Planning & Analysis (FP&A)
• Accounting & Bookkeeping
• Taxation (GST, TDS, Income Tax)
• Budgeting & Forecasting
• Cash Flow Management
• Audit & Compliance
• Team Leadership
• MIS Reporting
• Financial Controls
• Vendor & Client Reconciliation
• Travel Industry Accounting
• ERP & Accounting Software

Preferred Skills:

• Experience with travel accounting systems, BSP reconciliation, and GDS-related financial processes.
• Knowledge of foreign exchange management and international transactions.
• Familiarity with ERP systems such as Tally, SAP, Oracle, or similar platforms.

Key Performance Indicators (KPIs):

• Accuracy of Financial Reporting
• Timely Statutory Compliance
• Cash Flow Optimization
• Audit Compliance Score
• Budget vs Actual Performance
• Team Productivity & Efficiency
• Profitability & Cost Control
• Working Capital Management