Manager, Finance Operations
Aspire Lifestyles · Mumbai · onsite · Posted 37d ago
About a minute. You'll make an account on the way through.
About this role
- Own the end-to-end booking-to-settlement cycle: airline Billing and Settlement Plan reconciliations, GDS feeds, hotel and DMC payouts, aggregator settlements and traveller refunds.
- Oversee high-volume accounts payable and accounts receivable operations, ensuring accurate matching against booking inventories and supplier statements before release.
- Manage global agent commissions, incentive payouts and B2B ledger positions; ensure timely and accurate settlement in line with contractual terms.
- Oversee payment gateway operations, including reconciliation and monitoring of Pass-through and Merchant of Record transactions, chargebacks and gateway fees.
- Own the month-end and year-end close for the Finance Operations sub-ledgers (AP, AR, gateway, agent commissions), including accruals, provisions and reconciliations to the general ledger.
- Prepare and review unit-level and product-level profitability analyses for leadership; explain movements, margins and variances against plan.
- Deliver operational MIS, payment forecasts, aging analyses, settlement dashboards, gateway performance to the Head of Finance and business leadership.
- Coordinate closely with the Manager, Financial Reporting and the Tax function to ensure timely statutory reporting, tax compliance and consolidation inputs
- Design, operate and continuously improve internal controls over the transaction cycle (segregation of duties, approval matrices, exception reviews, reconciliation signoffs).
- Ensure compliance with Indian Accounting Standards (Ind AS), company policies and Standard Operating Procedures across the operations team.
- Support GST, TDS and other statutory workings for AP/AR transactions in coordination with the Tax function; oversee resolution of GSTR-2B mismatches with vendors.
- Serve as the primary Finance Operations interface for internal, statutory and tax auditors; own timely closure of audit observations.
- Monitor and forecast cash outflows and inflows arising from the transaction cycle; partner with Treasury on funding requirements and FX exposures on cross-border settlements.
- Optimise working capital through disciplined payment runs, refund cycles, dispute resolution and receivables collection.
- Drive automation and simplification across the transaction cycle (invoice capture, reconciliation, workflow approvals, payment file generation, gateway reconciliation
- Standardise SOPs and drive measurable improvement in turnaround time, accuracy and control effectiveness
- Lead, develop and mentor a team of Reconciliation Specialists responsible for BSP, GDS, gateway, vendor and agent-commission reconciliations across the transaction cycle
- Timely and accurate operational close: sub-ledger close completed within 4-5 business days of month-end with zero material post-close adjustments.
- Payment discipline: on-time payment rate of [u2265 98%] and DPO within targeted range.
- BSP, gateway and agent-commission reconciliations completed monthly with all breaks investigated and cleared within the following month.
- Zero missed statutory due dates for AP/AR-related tax filings; clean statutory, internal and tax audits with no significant Finance Operations observations.
- Accurate and timely unit-level profitability reporting to leadership within agreed cadence.
- 9 to 12 years of progressive experience in accounting and finance operations, including at least 3 years leading a team.
- Prior experience in the travel, hospitality or aviation sector strongly preferred, ideally with exposure to BSP settlements, GDS environments, DMC/aggregator payouts and payment gateway operations
- Strong working knowledge of SAP (FI/CO); comfort with finance systems integrations and reconciliation tools.
- Advanced MS Excel (pivot tables, XLOOKUP, SUMIFS, Power Query); familiarity with BI tools (Power BI / Tableau) an advantage.
- Sound knowledge of Indian Accounting Standards (Ind AS) and Indian tax laws (GST, TDS, withholding on cross-border payments).
- Understanding of payment gateway mechanics, Pass-through vs Merchant of Record models, and card scheme / chargeback processes.
- Strong leadership presence with the ability to lead cross-functional and cross-regional teams.
- Excellent communication, interpersonal and presentation skills; able to engage confidently with leadership and external partners.
- Analytical and problem-solving mindset with strong attention to detail.
- Sound judgment in applying policy and controls while resolving exceptions pragmatically.
- High standards of confidentiality, integrity and ethics.
- Effective under time pressure and shifting priorities; comfortable managing multiple deadlines across close, audit and business cycles.
- Bachelors degree in accounting/finance or equivalent experience.
- Chartered Accountant (Mandatory).
- Good spoken and written English language skills
- Not applicable / minimal.
Disclaimer: This job posting and Location has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.
Sourced from naukri
Skills
About Aspire Lifestyles
Aspire Lifestyles
Travel & Tourism
1001-5000
employees
1987
39 years old
Jersey City, New Jersey
United States
₹9.6L PA avg
Avg at Aspire Lifestyles
About
The best stories are told by those who have lived the experience. Our mission is to inspire and delight your customers by making amazing stories happen every day. Stories they can share with their friends, family and colleagues. Stories that reinforce the value of your brand.
The Aspire Lifestyles global team, a collective of experts and enthusiasts live and breathe this mission, fostering a culture which strives to deliver the ultimate customer experience. We further empower this human endeavour with quality and innovation across every one of our services, networks, platforms and technologies.
We understand that every customer has their own interpretation of “extraordinary” and a unique idea of what “ultimate” is to them. We’re here to help you define exactly what extraordinary means for these customers and deliver the ultimate experience by engaging them with the most relevant and timely benefit solutions on your behalf.
With 25 years’ experience providing white-labeled benefit solutions, our locally-customised and globally available selection of innovative services is well proven and highly praised. Aspire Lifestyles’ services include:
• Industry-leading Concierge Services
• End-to-end Airport Services
• Custom-built Benefits and Experiences
• Comprehensive Travel & Medical Assistance
• Travel Security Advice
• Health and Wellness Expert Advice
• Online Destination Reports
• Auto and Home Assistance
• Customizable Digital Solutions
Industries
Employee ratings
10 reviews
Culture
2.8
Career growth
2.1
Work-life
3.1
Employees rate it well for
Find them on