Senior Accounts Manager

Job Description

Title: Senior Accounts Manager

Company Name: Cholojai Tours Limited

Vacancy: 1

Age: At least 28 years

Job Location: Anywhere in Bangladesh

Salary: Tk. 40000 - 50000 (Monthly)

Experience:

• 7 to 8 years

• Bachelor of Business Administration (BBA) in Finance
• Master of Business Administration (MBA) in Finance, Accounting

• 7 to 8 years

• Age At least 28 years

The Senior Accounts Manager will be responsible for managing the day-to-day accounting and financial operations of the travel agency, ensuring accurate financial records, effective cash-flow management, timely financial reporting, proper control over receivables and payables, and compliance with applicable statutory requirements.

Key Responsibilities

1. Accounting & Financial Operations

Manage day-to-day accounting and finance operations.

Maintain accurate books of accounts and accounting records.

Ensure proper recording of sales, purchases, expenses, receipts, and payments.

Review journal entries, ledgers, trial balance, and month-end closing.

Ensure timely preparation of monthly, quarterly, and annual financial statements.

Implement and maintain appropriate accounting procedures and internal controls.

2. Travel Agency / Ticketing Accounts

Monitor accounting for airline ticket sales, refunds, reissues, cancellations, commissions, service charges, and other ticketing transactions.

Maintain and reconcile IATA/BSP accounts and ensure timely settlement of BSP dues.

Monitor daily ticketing sales and ensure proper collection and deposit of funds.

Reconcile airline and GDS-related transactions with accounting records.

Monitor customer credit limits and outstanding balances.

Ensure proper accounting for tour packages, hotel bookings, transportation, visa services, and other travel-related products.

3. Receivables & Payables Management

Monitor customer receivables and ensure timely collection.

Prepare and review receivable ageing reports.

Follow up on overdue customer balances.

Manage supplier and vendor payables.

Ensure timely settlement with airlines, hotels, tour operators, and other suppliers.

Reconcile vendor statements and resolve discrepancies.

4. Cash & Bank Management

Monitor daily cash and bank balances.

Review bank reconciliations and cash positions.

Prepare cash-flow forecasts.

Ensure proper authorization and supporting documentation for payments.

Monitor foreign-currency transactions and related gains/losses where applicable.

5. Financial Reporting & Analysis

Prepare monthly management accounts and financial reports.

Provide management with financial and variance analysis.

Prepare revenue, gross profit, expense, receivable, payable, and cash-flow reports.

Assist in preparation of annual budgets and financial forecasts.

Identify financial risks and recommend corrective actions.

6. Tax, VAT & Regulatory Compliance

Ensure compliance with applicable Bangladesh tax, VAT, and financial reporting requirements.

Coordinate preparation and submission of VAT, withholding tax, income tax, and other statutory returns.

Maintain proper supporting documentation for tax and regulatory purposes.

Coordinate with tax consultants, auditors, banks, and regulatory authorities when required.

7. Audit & Internal Controls

Coordinate statutory and other financial audits.

Prepare audit schedules and provide required documents.

Ensure implementation of audit recommendations.

Strengthen internal controls to minimize errors and financial risks.

Review financial processes and recommend improvements.

8. Team Supervision

Supervise and guide the Accounts & Finance team.

Allocate responsibilities and monitor staff performance.

Review accounting work for accuracy and completeness.

Train and support junior accounting personnel.

Ensure timely completion of departmental tasks and reports.

9. Management Support

Provide financial information and analysis to senior management.

Support management in pricing and profitability analysis.

Monitor the financial performance of different business segments.

Improve accounting processes, reporting systems, and financial controls.

Assist in implementation and improvement of accounting software/ERP systems.

Key Performance Indicators (KPIs)

Accuracy and timeliness of financial reporting.

Timely IATA/BSP and supplier settlements.

Reduction in overdue receivables.

Accuracy of bank, cash, airline, and vendor reconciliations.

Timely tax and VAT compliance.

Effective cash-flow management.

Timely month-end and year-end closing.

Audit compliance and resolution of audit observations.

Effectiveness of internal financial controls.