Manager of Charter Accounting

Solairus Aviation•Petaluma, CA

About The Position

The Manager of Charter Accounting will manage the end-to-end accounting process for the Charter line of business, ensuring accurate recognition of revenue in accordance with GAAP, booking month-end accruals, and reconciliation between the general ledger and the source system of record. This role involves regular reporting and analytics, reconciliations, and journal entries and other accounting functions as assigned. This role will report directly to the Controller and will collaborate closely with Corporate Accounting, Client Accounting, and Charter Sales.

Requirements

Bachelor’s degree (or equivalent experience) in accounting, finance, or related field
Minimum of 5 years Revenue accounting related experience
Previous experience in leadership or supervisory capacity

Responsibilities

Ensure owner paybacks are entered timely and accurately
Apply operator invoices to prepayments
Reconcile actual costs to quoted trip
Ensure compliance with relevant accounting standards, including: Five steps of revenue recognition (ASC 606), Contract liabilities (ASC 606), Allowance for credit losses (ASC 326)
Review classification of revenue in accordance with the Company’s lines of business
Review A/R aging.
Estimate allowance for credit losses and write-off uncollected amounts
Monitor and report on key metrics such as Days Sales Outstanding, aging, write-offs, and collection trends
Provide monthly financial reporting for revenue, expenses, and margins
Identify opportunities for process enhancements and efficiency improvements
Implement best practices in accounting and financial operations
Prepare and review key internal control procedures
Ensure compliance with company policies and procedures
Partner with Corporate, Client, and Charter Accounting to ensure best practices, adherence to deadlines and data accuracy.