Team Lead – Finance (General Accounting)

Location: Gurgaon, India

Type: Hybrid (work from office)

Shift Timings: 12PM – 9 PM/2:30 PM -11:30 PM

Job Description

Who We Are:Fareportal is a travel technology company powering a next-generation travel concierge service. Utilizing its innovative technology and company owned and operated global contact centers, Fareportal has built strong industry partnerships providing customers access to over 600 airlines, a million lodgings, and hundreds of car rental companies around the globe. With a portfolio of consumer travel brands including CheapOair and OneTravel, Fareportal enables consumers to book-online, on mobile apps for iOS and Android, by phone, or live chat. Fareportal provides its airline partners with access to a broad customer base that books high-yielding international travel and add-on ancillaries. Fareportal is one of the leading sellers of airline tickets in the United States. We are a progressive company that leverages technology and expertise to deliver optimal solutions for our suppliers, customers, and partners.FAREPORTAL HIGHLIGHTS:

• Fareportal is the number 1 privately held online travel company in flight volume.
• Fareportal partners with over 600 airlines, 1 million lodgings, and hundreds of car rental companies worldwide.
• 2019 annual sales exceeded $5 billion.
• Fareportal sees over 150 million unique visitors annually to our desktop and mobile sites.
• Fareportal, with its global workforce of over 2,600 employees, is strategically positioned with 9 offices in 6 countries and headquartered in New York City.

Job Description and Responsibilities:

1. Accounting: Maintain accurate and up-to-date financial records, including journal entries, ledger maintenance, and financial statement preparation.

2. Month-End Closing: Coordinate month-end closing activities, including preparation of financial statements, reconciliations, and analysis of financial data.

3. Reconciliation: Perform regular reconciliations of bank accounts, vendor accounts, and other balance sheet accounts to ensure accuracy and completeness of financial records.

4. Tax Deduction at Source (TDS) – Should have functional knowledge of TDS and its related compliances. Ensure timely and accurate filing of TDS returns/revised returns as per regulatory requirements.

5. AP Process: Oversee the accounts payable process, including invoice processing, vendor payments, and reconciliation of accounts payable ledger. Preferable to have Procure to Pay (P2P) knowledge.

6. STPI Related Compliances: Well versed with STPI regulations/Softex filling/MPR & APR fillings.

7. Strong knowledge of MS Office suite: Utilize Excel functions and Microsoft Word to analyze financial data, prepare reports, and communicate findings effectively.

8. Good knowledge of ERP environment, preferably MS Dynamics.

Skills & Qualifications Required:

• BCom/MBA/CA
• Required 4-6 years of relevant experience in Corporate Finance
• Candidate should have a strong understanding of accounting principles, tax deductions at source (TDS) & its related return filings, Accounts payable (AP) processes(P2P), Software Technology Parks of India (STPI) related compliances, provisions/accruals, month-end closing procedures, reconciliation.
• Proficiency in Microsoft Excel and Word.

Disclaimer

This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Fareportal reserves the right to change the job duties, responsibilities, expectations or requirements posted here at any time at the Companys sole discretion, with or without notice.