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. During 2019, the Company had consolidated revenues and net income of $15.1 billion and $4.9 billion, respectively, and a current market value of approximately $90 billion.
Responsibilities and Duties
There will be many measures of success to the role, however, at a high-level they fall into the following key areas. Requiring a very hands-on approach in the startup phase but will mature into a more established team over time.
Lead All Accounting Activities
- Generating financial reports using income and expenditure data, creating budgets, bookkeeping ledgers, business plans and financial statements
- Tax planning with reference to current legislation
- Ensure proper record keeping related to any tax incentives (individual or corporate) that are enabled
- Filing and remitting taxes and other financial obligations (e.g., VAT, WHT, etc.)
- Ensure bookkeeping and accounting in accordance with local and regional laws and guidelines, company policies and compliance requirements; stay up to date on financial reporting law and best practices
- Complete year-end and regular audits
- Establish internal controls and guidelines for accounting transaction
- Ensure compliance with Booking Holdings Accounting Policies and other guidelines issued by Booking Holdings
Build and Manage Financial Reporting Governance
- Define and establish reporting standards and timelines for key financial data; ensure delivery of all reporting requirements according to the defined deadlines
- Oversee and enhance information provided to leadership for business decisions
- Respond to requests from colleagues and management in an efficient and timely manner for various types of reports and analysis
- Coordinate with corporate and regional Tax, Accounting, Finance, FP&A, Treasury and Audit teams
- Ensure all aspects of Indian COE are embedded into the company's financial planning process
- Ensure as Company Secretary that all business procedures are matching with legal provisions, including but not limited to filing annual returns, releasing statutory declarations, managing statutory books, etc. in line with duties as per Companies Act and Income Tax Act.
Lead and Improve Financial Operations
- Oversee the daily management of the Center of Excellence which includes the interaction with the business partners, finance colleagues, and the direct supervision of the COE finance team, ensuring all objectives for finance are realized
- Prepare standard, ad hoc reporting, and key performance indicators (KPIs) each period for the business and finance management
- Review and monitor SLA related services to identify trends and problem areas, reporting on risks and proposed corrective action or new approaches
- Drive continuous improvement and simplification efforts in reporting, financial processes, and tools
Lead Planning and Forecasts
- Lead the preparation of the financial forecasts and budgets for respective functions, including the identification and quantification of opportunities and risks
- Proactively identify business drivers to support the budget and forecast assumption
- Facilitate the negotiation and agreement of key operational metrics and inputs
- Support any scope change request or any project, contributing with information for the business case
Qualifications
- Bachelor’s degree in Finance or Accounting
- Company Secretary certification (Nice to have)
- 15+years of Finance and Accounting experience
- Minimum 5 years in a leadership role, managing a team
- Previous leadership experience in a Center of Excellence, Shared Services Center, or similar customer-facing type of environment will be a plus
- Deep understanding of offshore COE and shared services organizations and models
- Previous experience of working with local units of large U.S. publicly listed companies
- Previous experience as Company Secretary
- Proven knowledge of bookkeeping and accounting principles, practices, standards, laws and regulations – particularly laws or regulations specific to Indian Finance and Accounting law
- Strong skills in reporting, budgeting, bookkeeping, tax planning
- Highly developed skills in external and internal financial reporting, application of accounting principles and tax regulations, financial decision making and internal control
- Strong commercial and decision support experience in different aspects of financial management including financial planning and analyses, forecasting, and management reporting and analytics
- Working knowledge of SAP and other financial tools
- Strong understanding of and experience with process mapping and process improvement
- Ability to motivate and develop others, including working thought other teams and managers
- Strong analytical, problem solving and communication skills, and attention to detail
- International experience: Self-awareness of communication style and cultural differences
- Self-motivated and capable of operating independently with limited oversight. Strong sense of personal accountability for work tasks.
- Comfort dealing with ambiguity and a fast-paced entrepreneurial environment
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.