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Open nowPosted 44 days ago

Lease Accountant

workingatbooking126 open roles

Where
Bangalore, Karnataka, India
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Your applicationOpen nowLease Accountantworkingatbooking · Bangalore, Karnataka, India

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The clock on this job

Early applications get read.

12.1% of postings close within 7 days. Measured by our own scanner across the market. workingatbooking postings stay open a median of 1 days.

Share of postings closed within
  1. 2.1%1 day
  2. 4.5%3 days
  3. 12.1%7 days
  4. 19.1%14 days
  5. 35.6%30 days
  6. 52.7%60 days
This job: posted 44 days ago

workingatbooking median: 1 days open

The posting

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.

Key Responsibilities

The Accountant, Lease Accounting will be responsible for: ● Performing the monthly (quarterly, annual) closing process related to leasing. Responsible for ledgers involving multiple countries and stakeholders, globally across all brands. ● 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. ● Preparing 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. Maintaining lease accounting schedules within the lease management system. Ensure mastering of systems and processes are complete. ● Reviewing the completeness and accuracy of abstracted lease agreements in the lease management system for all brands globally. ● Analyzing, importing, and maintaining global accounting inputs for FX rates and discount rates in the lease management system. ● 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. Responsible for complex accounts, e.g. Right-of-Use assets, accruals, prepayments. ● 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. ● Other duties and special projects as required (e.g., reporting, analysis, automation, process standardization, etc.).

Skills and Qualification

  • 5-8 years of experience with PG/ Specialized Diploma - Chartered Accountant
  • 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.

(Hybrid and EMEA shift)

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.

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