Senior Accountant- Lease Accounting Job in BOOKING HOLDINGS INDIA PRIVATE LIMITED at Bangalore

Key Responsibilities

Responsibility

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.).