Senior Finance Officer

at  Tolo Travel

The Role

• Administer and coordinate all financial systems including general ledgers, internal accounts, accounts payable, accounts receivable and payroll, budget monitoring. • Assists in the development and implementation of the Branch accounting system to ensure compliance with IFRS. • Assist Head office and branch management regarding accounting Information required. • Developing, monitoring, and managing budgets to ensure TTT stays within financial constraints. • Monitoring sales revenue, commissions from travel bookings, and other sources of income to ensure accuracy and compliance. • Identifying ways to minimize costs while maximizing efficiency within operations. • Contributing to long-term financial strategy and planning to support the growth of the travel agency. • To make sure the Accounting Coding for every projects are accurate. • Monitor all cash disbursements, expenditures and receipts, ensuring timely, effective and accurate record keeping. • Ensure appropriate policies procedures, and processes with respect to financial transactions are followed. • Maintain and oversee banking systems (including but not limited to accounts, statements and records). • Monitors and maintains appropriate bank balances in Company accounts; reconciles general ledger accounts, Supplier ledger Accounts and Client Accounts. • Assist, support, advise with respect to financial matters, systems and processes related to TTT operations . • Preparing monthly, quarterly, and annual financial statements to track the company’s financial health. Such reports should be sent no later than by 5th day of the subsequent month. • Coordinate and assist the external auditors during their audit fieldwork. Ensure that all audited financial statement deadlines are met per TTT’s reporting requirements and act as focal point for auditors. • Control the filing and record keeping systems of the Finance Department as required, and administer the operations of the Finance Department. • Maintain the confidentiality of TTT’s financial matters and other information and records. • Recovery from Client for ADM generated by Principal. • Supervising junior finance staff and ensuring the smooth operation of the finance department. • Review calculation of payroll including salary tax, withholding tax, rental tax etc of branches and head office. • Ensuring compliance with tax regulations, industry-specific financial laws, and other legal obligations relevant to the travel industry. • Ensure the financial transactions are reviewed and posted in Travvy (Software). • To build and maintain effective relationships with the team, colleagues, Members and external partners. • Any other activity assigned by the Manager.

Requirements
ACCA, CPA or Relevant Degree At least 5 years of experience handling finance and Accounts of Aviation, Travel & Tourism. Fluent in English Ability to analyze data. Excellent Communication Skills. Ability to work independently and as part of a Team. Advance Skills in Ms Office
About the company
Tolo Travel is the product of a group seeking to bring a different approach and vision to aviation sector. Our group of nearly 20 years of experience in tourism and travel industry is aiming to serve our customers a complete and quick solution for their ticketing needs. Tolo Travel aims to accelerate the purchase process of customers by providing all the alternatives in a quick and simple manner. Under this approach lies the knowledge of serving for more than 2 million passengers. Tolo Travel team consists of individuals who are experts in the their areas of technical and administrative expertise who provide numerous innovations to the sectors they have been involved. We wish you to take advantage of this new travel planning experience, that we have created for you. Find and book domestic and international flights, hotels, vacational rentals as well as airport transfers, tours, bus transportation and travel insurance options with Tolo Travel online or mobile apps. Domestic and international flights, 300.000 hotels, vacational rentals, thousands of car rental and transfer locations all over the world

• Administer and coordinate all financial systems including general ledgers, internal accounts, accounts payable, accounts receivable and payroll, budget monitoring. • Assists in the development and implementation of the Branch accounting system to ensure compliance with IFRS. • Assist Head office and branch management regarding accounting Information required. • Developing, monitoring, and managing budgets to ensure TTT stays within financial constraints. • Monitoring sales revenue, commissions from travel bookings, and other sources of income to ensure accuracy and compliance. • Identifying ways to minimize costs while maximizing efficiency within operations. • Contributing to long-term financial strategy and planning to support the growth of the travel agency. • To make sure the Accounting Coding for every projects are accurate. • Monitor all cash disbursements, expenditures and receipts, ensuring timely, effective and accurate record keeping. • Ensure appropriate policies procedures, and processes with respect to financial transactions are followed. • Maintain and oversee banking systems (including but not limited to accounts, statements and records). • Monitors and maintains appropriate bank balances in Company accounts; reconciles general ledger accounts, Supplier ledger Accounts and Client Accounts. • Assist, support, advise with respect to financial matters, systems and processes related to TTT operations . • Preparing monthly, quarterly, and annual financial statements to track the company’s financial health. Such reports should be sent no later than by 5th day of the subsequent month. • Coordinate and assist the external auditors during their audit fieldwork. Ensure that all audited financial statement deadlines are met per TTT’s reporting requirements and act as focal point for auditors. • Control the filing and record keeping systems of the Finance Department as required, and administer the operations of the Finance Department. • Maintain the confidentiality of TTT’s financial matters and other information and records. • Recovery from Client for ADM generated by Principal. • Supervising junior finance staff and ensuring the smooth operation of the finance department. • Review calculation of payroll including salary tax, withholding tax, rental tax etc of branches and head office. • Ensuring compliance with tax regulations, industry-specific financial laws, and other legal obligations relevant to the travel industry. • Ensure the financial transactions are reviewed and posted in Travvy (Software). • To build and maintain effective relationships with the team, colleagues, Members and external partners. • Any other activity assigned by the Manager