About usRateGain Travel Technologies Limited is a global provider of SaaS solutions for travel and hospitality that works with 3,200+ customers and 700+ partners in 100+ countries helping them accelerate revenue generation through acquisition, retention, and wallet share expansion.
RateGain today is one of the world’s largest processors of electronic transactions, price points, and travel intent data helping revenue management, distribution and marketing teams across hotels, airlines, meta-search companies, package providers, car rentals, travel management companies, cruises and ferries drive better outcomes for their business. Founded in 2004 and headquartered in India, today RateGain works with 26 of the Top 30 Hotel Chains, 25 of the Top 30 Online Travel Agents, 4 of the Top 5 Airlines, and all the top car rentals, including 16 Global Fortune 500 companies in unlocking new revenue every day.
For more information, visit www.rategain.com
Responsibilities:Intercompany Transaction Reconciliation:- Review and reconcile intercompany transactions between different entities within the organization.
- Identify and resolve discrepancies in a timely manner, ensuring accurate financial reporting.
Communication and Collaboration:- Liaise with counterparts in other departments or subsidiaries to obtain necessary information for reconciliation.
- Communicate effectively with stakeholders to address any issues or discrepancies identified during the reconciliation process.
Documentation and Record-Keeping:- Maintain accurate records of intercompany transactions and reconciliation activities.
- Document procedures and guidelines for intercompany reconciliation processes to ensure consistency and compliance.
Process Improvement:- Identify opportunities to streamline intercompany reconciliation processes and implement best practices.
- Collaborate with cross-functional teams to enhance efficiency and effectiveness in intercompany transactions.
Automation Strategy Development:- Develop a comprehensive strategy for implementing accounts payable automation solutions, aligned with the organization's goals and objectives.
- Identify opportunities for process automation and efficiency gains throughout the accounts payable lifecycle.
Performance Monitoring and Reporting:- Establish key performance indicators (KPIs) for accounts payable automation initiatives and monitor performance against targets.
- Generate reports and analytics to track the impact of automation on productivity, accuracy, and cost savings.
Cash Reporting:- Prepare daily, weekly, and monthly cash reports summarizing cash balances, receipts, disbursements, and cash flow projections.
- Monitor bank account activity and reconcile cash transactions to ensure accuracy and completeness.
- Analyze cash flow variances and provide insights to management on cash management strategies.
Collection Reporting:- Generate collection reports and analyze trends in collections performance.
Cash Forecasting:- Assist in the development of cash flow forecasts and projections to support liquidity planning and working capital management.
- Identify potential cash flow gaps or surpluses and recommend appropriate actions to optimize cash position.
Competencies (Technical & Soft Skills):
- Masters degree/Chartered Accountant
- 4-8 years of demonstrated experience in Accounts payable
- Excellent written and verbal communication skills.
- Ability to manage multiple projects simultaneously and meet tight deadlines.
- Experience in Excel & powerpoint is a must
