Senior Accountant, Fixed Assets & Lease Accounting

Job Overview

Booking Holdings is currently undergoing a Finance Transformation initiative that will drive effective finance support for business management; promote strong governance and control in the organization; and have a world-class finance organization in terms of execution and efficiency. 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 Fixed Assets accounting.

This individual will serve as an integral member of a team responsible for the fixed assets accounting of Booking Holdings and our subsidiaries ($1.9B portfolio), to ensure accurate and timely preparation and review of journal entries and account reconciliations. 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.

[Hybrid & US Shifts]

What youll be doing:

• The Senior Accountant, Fixed Assets & Lease Accounting will be responsible for:
  
• Overseeing the monthly, quarterly, and annual closing process related to fixed assets & lease accounting.
• Operational accounting spanning the entire fixed assets lifecycle.  Maintaining the fixed assets subledger globally across all brands, placing assets in service based on completion of milestones by facilities, technology, and development teams, and retiring assets in accordance with accounting policy.  
• Reviewing fixed assets purchase orders to ensure proper coding and other classification, such as internal order numbers, cost centers, and business areas.
• Assessing and consistently applying accounting treatment for fixed assets & lease activities globally across 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.
• Generating and reviewing monthly fixed assets & lease accounting entries; distributing monthly and quarterly close reports, including reconciliations, disclosures, and other related reports to brand accounting teams.
• Preparing monthly close reports, variance analysis and reconciliations in accordance with US GAAP and the SOx framework; owning SOx compliance.
• Managing lease accounting schedules and key financial data within the lease management system, i.e. CoStar, for all brands globally.  Reviewing the completeness and accuracy of abstracted lease agreements.  Analyzing, importing, and maintaining global accounting inputs for FX rates and discount rates.  Reviewing alerts in the lease management system to identify potential issues that need to be addressed, and taking recommended actions to correct issues, where appropriate.
• Reconciling assigned balance sheet accounts monthly; resolving reconciling items on a timely basis. Prepare and maintain roll forward reconciliations.
• Preparing monthly variance explanations for income statement and balance sheet accounts including providing financial details to leaders to facilitate business decisions.
• Executing standardized control procedures, and ensuring internal controls are effectively maintained for assigned tasks. Ensuring compliance with accounting policies.
• Managing footnote information for SEC filings, as well as information for local statutory filings.
• Fielding fixed assets & lease accounting inquiries and addressing complex accounting issues. 
• Partnering with Real Estate and Technology teams to provide financial analysis on the fixed assets & lease portfolio to help drive decisions at the Senior Management level. 
• Partnering with Technical Accounting to ensure completeness and accuracy of complex accounting assumptions.
• Providing support on both statutory and US financial audits and requests from internal and external auditors. Supporting internal and external audit requirements.
• Partnering with the Global Process Owner on various initiatives. Supporting and engaging in complex and cross-functional innovation and improvement projects in accounting and across finance.  
• Supporting continuous process improvements across the fixed assets & lease accounting 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.
• Other duties and special projects as required (e.g., reporting, analysis, automation, process standardization, etc.).

What youll bring:

• CA with 5+ years of experience OR MBA Finance with 8+ Years of experience
•  5+ years of related professional experience, preferably with a GL or technical accounting team of a US Multinational Company.
• Understanding of US GAAP.  Experience with ASC 360 and ASC 350, preferred.
• Technical accounting experience, preferred.
• Experience with SAP S/4HANA, 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.