Lease Accountant

Internationalinsuranceprofessionals

Bengaluru

Hybrid

INR 900,000 - 1,300,000

Full time

5 days ago
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Job summary

Booking Holdings, a world leader in online travel, seeks a Lease Accounting Specialist to manage global lease accounting, close processes, and policy adherence across brands. You will utilize SAP S/4HANA, CoStar, OneStream, and BlackLine to ensure accurate financial reporting and disclosures.

The role requires 5–8 years in lease accounting, strong Excel and communication skills, and the ability to collaborate with Real Estate and Audit teams in a hybrid, global setting.

Qualifications

  • 5–8 years of experience in lease accounting or related fields.
  • Understanding of US GAAP; ASC 842 experience preferred.
  • Technical accounting experience is desirable.
  • Experience with the listed lease systems (SAP S/4HANA, CoStar, OneStream, BlackLine).
  • Strong Excel skills and proficiency with Microsoft Office and Google Workspace.
  • Detail-oriented with strong analytical and communication abilities.
  • Ability to multitask and meet tight deadlines in a fast-paced environment.
  • Demonstrated integrity and ethics in financial processes.

Responsibilities

  • Perform monthly, quarterly, and annual closing related to leasing across brands.
  • Apply US GAAP consistently for lease activities and ensure policy alignment.
  • Prepare and review lease-related footnotes and SEC filings information.
  • Manage the lease management system (CoStar) and schedules.
  • Generate monthly journal entries and close reports with reconciliations.
  • Coordinate with Real Estate and Lease Administration teams for financial analysis.
  • Support audits and statutory requests from internal and external auditors.
  • Drive process improvements in lease accounting and cross-functional projects.

Skills

US GAAP knowledge
Excel proficiency
Analytical skills
Communication skills
Multitasking
Integrity

Education

PG / Specialized Diploma - Chartered Accountant

Tools

SAP S/4HANA
CoStar
OneStream
BlackLine

Job description

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
  • 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 brand accounting teams.
  • 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.).
Skills and Qualification
  • 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.

(Hybrid and EMEA shift)

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.

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