**Company Intro
**Booking Holdings (NASDAQ: BKNG) is the world leader in online travel and related services, provided to customers and partners in over 220 countries and territories through six primary consumer-facing brands - Booking.com, KAYAK, priceline, agoda.com, Rentalcars.com, and OpenTable. The mission of Booking Holdings is to make it easier for everyone to experience the world.
As part of this initiative, the newly formed Global Business Services team will provide centralized operational accounting processes from our Center of Excellence in Bengaluru, India. This role will be responsible for handling the operational accounting processes for our Lease accounting. This individual will serve as an integral member of a team responsible for the lease accounting of Booking Holdings and our subsidiaries ($645M portfolio). The ideal candidate will thrive in an entrepreneurial setting and take ownership of his/her work. A successful candidate will possess the communication skills and business acumen necessary to interact with multiple teams across Booking Holdings and our subsidiaries.
Responsibilities
The Senior Accountant, Lease Accounting will be responsible for:
● Overseeing the monthly (quarterly, annual) closing process related to leasing.
● Assessing and consistently applying accounting treatment for new and
existing lease activities globally across all brands, and ensuring decisions align with accounting policy.
● Ensuring accounting in accordance with US GAAP, local GAAP and compliance with both internal and external requirements.
● Monthly closing reports, variance analysis and reconciliations in accordance with US GAAP and covering the Sox framework, and own the compliance aspect regarding this.
● Managing footnote information for SEC filings, as well as information for local statutory filings.
● Fielding lease accounting inquiries and addressing complex lease accounting issues.
● Managing the lease management system, i.e. CoStar, for all brands globally.
● Reviewing the completeness and accuracy of abstracted lease agreements in the lease management system for all brands globally.
● Maintaining lease accounting schedules within the lease management system.
● Analyzing, importing, and maintaining global accounting inputs for FX rates and discount rates in the lease management system.
● Partnering with Technical accounting to ensure completeness and accuracy of complex leases and accounting assumptions.
● Reviewing alerts in the lease management system to identify potential issues that need to be researched. Taking the recommended actions to correct issues, where appropriate.
● Generating and reviewing monthly lease journal entries; distributing monthly and quarterly close reports, including reconciliations, disclosures, commitments, maturity analysis, forecasts, and other related reports to brand accounting teams.
● Reconciling assigned balance sheet accounts monthly; resolving reconciling items on a timely basis.
● Preparing monthly variance explanations for income statement and balance sheet accounts, including providing financial details to leaders to facilitate business decisions.
● Partnering with the Real Estate and Lease Administration teams to provide financial analysis on the lease portfolio to help drive decisions at the Senior Management level.
● Executing standardized control procedures, and ensuring internal controls are effectively maintained for assigned tasks. Ensuring compliance with accounting policies.
● Providing support on both statutory and US financial audits and requests from internal and external auditors.
● Partnering with the Global Process Owner on various initiatives.
● Enacting continuous process improvements across lease accounting and lease administration functions and cross-functionally in conjunction with other teams, when applicable.
● Interfacing with cross-functional teams, including Tax, FP&A, P2P, Real Estate and Technology.
● Supporting and engaging in complex and cross-functional innovation and improvement projects in accounting and across finance.
● Other duties and special projects as required (e.g., reporting, analysis, automation, process standardization, etc.).
** Skills and Qualification
**
Understanding of US GAAP. Experience with ASC 842, preferred. ● Technical accounting experience, preferred. ● Experience with SAP S/4HANA, CoStar, OneStream, and BlackLine, preferred. ● Excel proficiency required. ● Experience with Microsoft Office and Google Workspace tools, preferred. ● Detail-oriented, strong analytical skills ● Excellent verbal and non-verbal communication skills ● Demonstrated ability to multitask and meet deadlines within a fast-paced environment ● Accountability and Trust. Unquestionable integrity and ethics.
Pre-Employment Screening
If your application is successful, your personal data may be used for a pre-employment screening check by a third party as permitted by applicable law. Depending on the vacancy and applicable law, a pre-employment screening may include employment history, education and other information (such as media information) that may be necessary for determining your qualifications and suitability for the position.