Senior Accountant - Lease Accounting

Jun 17, 2024
Jul 01, 2024
Staff, Senior
Work Mode
Work from office
Full Time
Organization Type
Academia, Corporate
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 -, KAYAK, Priceline,,, 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.

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 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.

What You'll Be Doing

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.).

What You'll Bring

  • CA with 5+ years of experience OR MBA Finance with 8+ Years of experience 5+years of experience in Lease Accounting SAP Working knowledge

SAP / S4 HANA working knowledge.

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:

  • priceline
  • agoda
  • 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, Accounting, S4 Hana, Lease Accounting

Experience: 5.00-8.00 Years