Senior Accountant, Lease Accounting @ Booking Holdings

Key Responsibilities

• 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.).