Accountant at Wayfare Travels

Job Summary:

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.
• Assist in preparing financial justifications for incentive trips, corporate packages, and retail holidays.

Qualifications

• Bachelor’s degree in accounting, Finance, or related field.
• Professional certification in view (ICAN, ACCA, or equivalent) is an added advantage.
• Minimum of 1.5 years’ experience in accounting, preferably in the travel or service industry.
• Strong knowledge of Nigerian tax laws, accounting standards, and financial compliance.
• Proficiency in accounting software (e.g., QuickBooks, Sage, Zoho Books) and MS Excel.
• Strong analytical and problem-solving skills.
• Excellent organizational and communication skills

Preferably a female for gender balance.