Lease Accountant

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
  
  
  

• 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.).
  
  
  

• 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.