Accounts Payable executive

Job Description

Job Summary 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. During 2022, the Company had consolidated revenues and net income of $17.1 billion and $3.1 billion, respectively, and a current market value of over $95 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 As an Accounts Payable executive in India COE, you will join our Accounting Team in our office in Bangalore. You will report to the Team Leader based in Bangalore and work closely together with all levels of people from various departments. You will also be interacting with accounting teams in Singapore for the day to day tasks. Due to the rapid and continuous growth of the organization, the tasks and duties of this role may evolve over time. You will be keen to develop and grow within the role and to take on additional challenges and responsibilities as they occur. Key Responsibilities The Senior Accounts Payable will be responsible for: Full scope Accounts Payable process Accounting vendor invoices and processing payments as per the internal policies. Comparing invoices received against purchase orders, prices, payment terms and other charges Accounting expenses to correct GL accounts and cost centers Accounting & ensuring that the same is in compliance with local regulations Correct deduction & accounting of taxes as per the applicable local regulations Preparation of payment list as per the due dates and getting it approved for payments Accounting bank transactions and preparation of bank reconciliation statements Posting all the required month end JE’s for unrecorded invoices & other accruals based on open PO review Manage and direct the monthly closing of accounts payable to ensure information is complete, accurate and reported in a timely manner Reconciling account transactions with the general ledger & vendor balances Providing data, reconciliations & schedules for filing various tax & compliance returns Expense claim review & accounting based on the internal policies & process Accounting & reconciliation of cash advances & employee credit card payments Execution of controls to ensure SOX compliance Actively seek ways and work closely with other departments to improve departmental policies, controls and procedures Audit support and providing various schedules & reconciliations Assist other business functions with respect to Banking Services, Finance and accounting Services, and Taxation Services Processing of employee cash advance & settlement of the same. Handling employee queries relating to expense claims Liaise with the third party accounting service provider for monthly book closure & reporting Handling Vendor invoice & payment related queries and balance reconciliations Qualification, Knowledge Skills & Abilities Bachelor's Degree in Accounting or Finance (or equivalent) 3-5 years’ work experience in a similar position; experience in supervisory role is preferred Preferably minimum of two-years of experience utilizing ERP systems such as SAP Knowledge of local withholding taxes, GST Working knowledge of Microsoft word, Microsoft excel, google docs etc. Detail oriented and organized Good oral and written communication skills Ability to manage multiple tasks in a time sensitive environment Ability to manage multiple priorities in a dynamic, rapidly growing and fluid organization. Ability to effectively communicate at various levels of the organization tailored appropriately to the audience. Candidate should demonstrate effective collaboration skills up, down and across the organization. Maintain effectiveness in continually evolving environment. Upto date knowledge of the Income tax act, GST Companies Act, Working knowledge in SAP ERP 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. Show more Show less