Revenue Accounting Specialist

1 month ago

Toronto, Ontario, Canada Porter Airlines Full time
Job Summary

The Revenue Accounting Analyst plays a critical role in ensuring the accuracy and timeliness of airline revenue accounting. This position is responsible for all aspects of revenue accounting, including general ledger postings, reconciliations, and financial analysis of various revenue and unearned liability accounts.

The successful candidate will work closely with the team to ensure the delivery of revenue reporting, providing analytics and data in a timely manner for decision support. This includes ensuring internal controls are properly maintained and implementing all revenue initiatives, including accounting process, contract review, systems testing, and upgrades.

Key Responsibilities
  • Perform month-end activities and account reconciliations as it relates to the revenue accounting process
  • Complete interline sales settlement processing, ensuring accurate and timely reporting
  • Monitor, review, audit, and reconcile all sales and settlements with interline partners and merchants, troubleshoot issues, and report discrepancies for all points of sale
  • Ensure revenue accounting is compliant with accounting standards
  • Understand airport taxes, changes in fees, and airport reporting
  • Review contracts with an ability to understand contract terms, translate them into the appropriate accounting events, and provide feedback
  • Liaise with external auditors, providing audit deliverables, and assisting in the year-end audit as needed
Requirements
  • Strong analytical, decision-making, and problem-solving skills
  • Strong IT skills, including knowledge of Excel, data warehouse, business intelligence, and reporting fundamentals
  • Excellent verbal and written communication skills and capable of working with cross-functional teams
  • Proven ability to embrace technology for continuous process improvements and cost reductions
  • Proficient with the Microsoft Office Suite
  • Two+ years of experience in accounting and analytical roles
Preferred Qualifications
  • Previous airline industry experience with knowledge of e-ticket lifecycle and interline/code share accounting
  • Canadian professional accounting designation (CPA, CA, or CMA)
  • Self-starter who possesses a sense of urgency and an ability to operate in a fast-paced environment with shifting demands

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