Finance Manager, OTA Operations

Department Icon Accounting & Finance
137+ Applicants
Posted: 1 week ago
8-12 years
Bengaluru / Bangalore, Karnataka
work from office

Posted: 1 week ago
|
Applicants: 137+
Job Description
About Company
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Job Description

Were on a mission to help people discover the real value of travel to inspire, to give more reasons, to make it easy for you to go. Our company was founded back in 2005, and since then, weve imagined and created some of the most well-loved products for travelers all around the world.
Today, Wego is used by millions of people every month people who travel for adventure, work, family, and for many other reasons. Thats why we work tirelessly to make your experience of planning and booking flights, hotels, and trips as seamless as possible.
Team Description:
The Finance team oversees accounting, reporting, compliance, and financial operations across all Wego entities. The team ensures accurate financial reporting, compliance with local and international regulations, and effective management of resources to support Wegos strategic and operational objectives.
The Role:
The Finance Manager for OTA Operations will lead a team responsible for ensuring robust financial controls, accurate reconciliations, and compliance across the OTA business. This role requires strong leadership skills and deep expertise in OTA-specific finance operations.
What you will be working on:
Financial Operations & Controls
  • Manage end-to-end financial operations including AP, AR, reconciliations, settlements, and cash flow monitoring
  • Oversee supplier and partner payments (airlines, hotels, GDS, LCC, consolidators, payment gateways, etc.) ensuring accuracy and timeliness
  • Monitor customer refunds, chargebacks, and ensure resolution of disputes
  • Establish and maintain strong internal controls to safeguard company assets and ensure compliance with financial policies
Reconciliation & Reporting
  • Lead daily, weekly, and monthly reconciliations of OTA-specific accounts (GDS, LCC, VCC, wallets, banks)
  • Ensure accurate revenue recognition and reconciliation between booking systems, ERP, and bank accounts
  • Prepare detailed variance analysis of revenues, commissions, discounts, cancellations, and refunds
  • Drive timely monthly closing, working closely with corporate accounting teams
Process Improvement & Automation
  • Identify gaps in operational finance processes and implement automation to improve efficiency
  • Collaborate with technology teams to design solutions for automated reconciliations and settlement workflows
  • Standardize financial processes across regions and business units
Compliance & Audit
  • Ensure compliance with local tax regulations (GST, TDS, VAT, Corporate Tax depending on jurisdiction)
  • Support statutory, internal, and external audits with reconciliations and documentation
  • Ensure adherence to AML, ABC, and other regulatory requirements impacting OTA payments and settlements
Core Responsibilities:
  • Lead OTA financial operations, reconciliations, and settlements
  • Manage compliance, audit preparation, and financial controls
  • Looking to get Placed? Try our Placement Guarantee Plan

  • Drive process improvements and automation initiatives
  • Oversee a team of finance professionals handling high-volume transactions
Skills and experience:
  • Strong knowledge of OTA business models, booking flows, and settlement cycles
  • Deep expertise in reconciliations, accounting principles (IFRS/GAAP), and financial operations
  • Proficiency in ERP systems (Oracle, SAP, NetSuite) and OTA tools (Amadeus, Sabre, Travelport, direct LCC integrations)
  • Advanced Excel proficiency; SQL knowledge is a plus
  • Team leadership and people management experience in a high-volume transactional environment
  • Process-oriented mindset with a focus on automation and efficiency
Qualifications and experience:
  • Chartered Accountant, CPA, MBA Finance, or equivalent qualification
  • 812 years of finance experience, with at least 45 years in OTA, travel, e-commerce, or payments sector
  • Proven track record in managing reconciliations, settlements, and financial operations in multi-currency, high-volume environments
  • Experience leading teams of five or more members

Skills

AccountingAccounting PrinciplesCash FlowErp SystemsCorporate AccountingFinancial ControlsFinancial OperationsErpGaapIfrsMonthly ClosingNetsuiteReconciliationsProcess ImprovementRevenue RecognitionTransactionsAccountantChartered AccountantFinance ManagerFinanceCashReconciliation

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About Company

Wego is a travel search engine that allows users to compare and book flights, hotels, and other travel services.

Important dates & deadlines?

Application Deadline

05 Apr 26, 02:11 PM IST

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Finance Manager, OTA Operations

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