Accounting- Team Lead

Employer
Confidential
Location
Bangalore
Posted
Jun 17, 2024
Closes
Jul 01, 2024
Ref
4736908690
Work Mode
Work from office
Hours
Full Time
Organization Type
Academia, Corporate
This inclusive employer is a member of myGwork - the largest global platform for the LGBTQ+ business community.

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.

Booking Holdings Bangalore is a Center of Excellence based in Bangalore, India and a legal entity of Booking Holdings Inc. The Center was created to support the increasing business demands of the Booking Holdings Brands. The Center of Excellence provides access to specialized and highly skilled talent, leading industry best practices, and collaboration opportunities across all of the Booking Holdings brands and business units.

We are looking for an Accounting Team Lead to help us organize and manage a growing portfolio of small and large initiatives that need to be executed on time and with great quality, solid experience within Finance and Accounting is required. As an Accounting Team Lead supporting the FinTech Accounting team in Amsterdam, you will join our Center of Excellence Team in Bangalore. You will be representing accounting in the testing of new business initiatives where Booking.com is involved in the funds flow between customers and our partners. You will lead the FinTech accounting team in the COE in Bangalore, overseeing approximately 5+ FTEs. You will report to the Controller in the FinTech Accounting Team located in Amsterdam and work closely together with other departments in our Amsterdam office. The tasks and duties of this role may evolve over time.You will be keen to develop and grow within the role and to take on additional challenges and responsibilities as they occur.

Strong communication and people leadership skills are essential, as is adaptability and capability to lead and drive high-quality and timely deliverables. You will be keen to develop and grow within the role and challenge yourself to take on additional responsibilities as they present themselves.

Your goal is to structure, plan, coordinate, and enable an Accounting team in the Center of Excellence in Bangalore to execute financial close tasks and to test new initiatives, while keeping the overall objectives & success in sight. We seek a strong people manager who will take full ownership and accountability for responsibilities within a the COE Accounting team's scope.

Tasks & Responsibilities

FinTech Projects:

  • Work closely with the FinTech Accounting team and Data team in Amsterdam to test new products and initaitves to be used in the monthly closing process.Support the team to test new business initiatives. Provide and communicate to the FinTech Accounting Team the results of the testing, identified errors and the required changes/improvements on the tested financial reporting and processes in order to ensure completeness & accuracy of accounts is maintained for new initiatives.
  • Help identify areas to improve standardization and creation of global processes, automation and simplification of tasks.
  • Identify, initiate, prioritize and follow-up all tasks and responsibilities of the FinTech Accounting team in Bangalore COE which directly impact daily activities of the team in Amsterdam.

Team Management

  • Establish a new team & ensure the successful transfer of processes from the FinTech Accounting team to the CoE.
  • Manage and coach a team of GL and Sr GL Accountants, support and monitor their tasks and projects, review specific areas and take ownership over the team performance.
  • Maintain a team structure which can cope with increase in organization complexity and growth, invest in development of team members and continuity, i.e. succession planning.
  • Implement the right workload allocation to organize & bring structure to ongoing and future responsibilities
  • Contribute to recruitment for finance and accounting.
  • Assess performance, provide feedback, and manage workload of the team.
  • Understand milestones and impediments. Tracks and report progress, optimize work allocation through structured planning, manages overall timelines, quality of work, risks & issues & monitor and report any issues and challenges
  • Organized, with a natural inclination for planning, and capable of responding to change
  • End responsible for the timely delivery of all activities within COE Accounting team's scope.
  • Uses their past experience and seeks for help in complex scenarios to translate business problems into data driven insights.
  • Leverages available big data platforms to run root cause analysis, data reconciliations and shares the insights with the business team.
  • Maintains and drives key reports, metrics and workflows running within their scope
  • Is able to communicate results and outcomes clearly to stakeholders based on their knowledge and experience.
  • Actively participates in business and/or analytics team activities and suggests ways of achieving objective
Closing Process

  • Review monthly closing reports, manual journal entries and reconciliations in accordance with US GAAP and the SOX framework, ensure the deadlines are met for financial close activities.
  • Review and perform variance analysis on balance sheet and profit and loss accounts during the closing procedures.
  • Work closely with FinTech Accounting team in Amsterdam to ensure that the organization is compliant with the local regulations.
  • Proven analytical and problem-solving skills with excellent organizational agility and able to meet tight deadlines and prioritize

Please note that this list of duties is not exhaustive and you may be required to complete ad-hoc tasks as requested by your manager.

Required Education, Qualifications, & Experience

  • Approx 8-12 years' experience in finance and/or accounting preferably within a multi-national company (FinTech/Online Payments Accounting knowledge is beneficial)
  • University (Accounting, Business, Economic) degree and/or post-graduate education (CPA, ACCA, CIMA or equivalent)
  • Sound knowledge of US GAAP/IFRS
  • Strong IT experience in financial systems, including SAP, is preferable
  • Experience in supervising and reviewing tests performed on new initiatives and products is beneficial
  • Experience with big data is preferable
  • Enthusiasm to work in a fast paced, highly diverse, continuous developing and high achieving environment
  • High levels of personal effectiveness, particularly communication, stakeholder & project management and the ability to focus on achieving project and financial close deadlines
  • Strong experience building, hiring, managing teams, coaching, and providing training on the job
  • Proven ability to persuade and influence in effecting changes within an organization
  • Experience in working with Product, Business Intelligence/Data teams is beneficial
  • Detail-oriented and result-driven
  • Capable of working independently as well as working in a team
  • Takes ownership for responsibilities with a positive attitude
  • Strong work ethic
  • Fluent in spoken and written English

About BKNG

Booking Holdings is the world leader in online travel & related services. Our teams work around the clock to build and improve the technology that empowers people to more freely travel across borders, time zones, languages and cultures. At Booking Holdings, we make it easier for everyone to experience the world every day through seamless technology powered by our six major brands:

  • Booking.com
  • KAYAK
  • Priceline
  • Agoda
  • Rentalcars.com
  • OpenTable

Through the Booking Holdings brands, we help our customers reach all corners of the earth. Our ability to provide great service rests on how well we understand our diverse customer base, which is why having a diverse team is so important to us. We bring together employees from all walks of life and we are proud to provide the kind of inclusive environment that stimulates innovation, creativity and collaboration.

EEO Statement

Booking Holdings is an equal opportunity employer in accordance with all applicable federal, state and local laws. We ensure equal employment opportunity to all employees and applicants without discrimination or harassment based on race, religious creed, color, age, sex, sexual orientation, gender identity, national origin, religion, marital status, medical condition, disability, military service, pregnancy, childbirth and related medical conditions, or any other classification protected by federal, state, or local law.

Booking Holdings also extends this policy to every phase of the employment process including, but not limited to, recruitment, selection, placement, transfer, training and development, position elimination, restructure, promotion, compensation, benefits, layoffs, termination, and all other conditions or privileges of employment. Booking Holdings and its Affiliated Companies are Equal Employment Opportunity employers and welcome all job seekers including individuals with disabilities and veterans with disabilities. If you have a disability and believe you need reasonable accommodation in order to search for a job opening or apply for a position, please email [HIDDEN TEXT] with your request. M/F/V/D/SO

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.
Skills: Sap, Us Gaap, Financial Systems, Ifrs, Big Data

Experience: 8.00-12.00 Years