Accountant at Wayfare Travels

Position Overview

We are seeking a detail-oriented and proactive Accountant to manage the financial activities of our travel company. The accountant will be responsible for maintaining accurate financial records, handling client and vendor transactions, ensuring compliance with tax regulations, and providing insights into financial performance to support business decisions.

This role requires experience in managing travel industry transactions, including ticketing, visas, hotel bookings, and incentive trips, where most funds are "pass-through" with service charges as revenue.

Key Responsibilities

Financial Management

• Record and reconcile all daily financial transactions including client inflows, vendor payments, refunds, and service charges
• Manage pass-through transactions versus service revenue to ensure accurate reporting
• Track and reconcile petty cash, inter-account transfers, and staff expense claims

Accounting & Reporting

• Prepare monthly, quarterly, and annual financial statements (P&L, balance sheet, cash flow)
• Maintain updated general ledger and accurate chart of accounts suitable for a travel business
• Support management with financial reports to evaluate profitability of packages, trips, and incentive programs

Taxation & Compliance

• Ensure timely remittance of statutory obligations (WHT, VAT, PAYE, CIT, etc.) in line with FIRS requirements
• Maintain proper documentation for FIRS audits and other regulatory reviews
• Prepare supporting schedules for auditors and tax consultants

Budgeting & Forecasting

• Support in preparing annual budgets and cash flow forecasts
• Monitor company spending and advise management on cost-saving opportunities

Client & Vendor Management

• Track airline, hotel, and visa-related refunds and ensure proper classification as liabilities or revenue
• Reconcile vendor invoices, credit notes, and payments