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 2019, the Company had consolidated revenues and net income of $15.1 billion and $4.9 billion, respectively, and a current market value of approximately $60 billion.
Booking Holdings is responsible for effective finance support for business management; strong governance and control in the organization; and maintaining a world-class finance organization in terms of execution and efficiency. As part of our Global Business Services team we are building a leadership team that will focus largely on establishing Global Process Ownership (R2R, P2P, O2C) and transformation roles. To support this initiative, we are hiring for a Global Process Owner, Record to Report within the Global Business Services organization. This role can be US remote or Amsterdam, NL based.
Responsibilities and Duties
The Global Process Owner, Record-to-Report, will report to the VP GBS at Booking Holdings and is responsible for the end to end Record-to-Report business process.
This role serves as the custodian of the overall Record-to-Report (R2R) process and is responsible for the process design at a global level. In conjunction with the newly formed Global Business Services organization and Finance Transformation teams, this role assesses and articulates business requirements, analyzes design options, and seeks out and assesses process simplification opportunities.
The Global Process Owner (GPO) is responsible for the governance and proactive development and enhancement of their end-to-end process across the enterprise. The GPO must collaborate with various stakeholders to ensure effective and efficient process operations and identification and leverage of cross-process synergies. The GPO also monitors process performance and prioritizes and drives process-related investment decisions. Additionally, the GPO is accountable for ensuring process compliance with all relevant legislation and company procedures.
The GPO Record-to-Report will be responsible for:
Proving global leadership, direction and oversight for our ERP systems (SAP & Oracle) implementation in conjunction with implementation teams, master data management, and workstream leaders as part of our overall transformation program
Working closely with Brand controllers to align strategy and requirements to the strategic roadmap for our ERP implementation and master data management strategy
Lead requirements gathering for accounting functions within the transformation initiative such as deployment of code block and standardization of reporting and analytics
Define a strategic end-state that not only significantly improves the speed of the current Close process, but also enhances control and governance mechanism, increases transparency and reliability of data, is nimble enough to timely react to changes in the regulatory standards, is efficient and effective in its use of resources across locations and is well supported by a technology platform (“best in class”)
Lead the multi-year transformation effort to transform regional and brand focused closing and accounting processes into a “best in class” global process
Responsible and accountable for end to end General ledger/Consolidations/Intercompany process design of the month end close processes
Support process design for the intercompany processes end to end including understanding the transfer pricing arrangements within each subsidiary and the respective accounting flows
Responsible for business process transformations and has ownership for the delivery of key record to report programs that have been identified by the management team (on-going and future projects) across multiple global entities including movement towards consistency and continuous closing
Providing SME knowledge for Record-to-Report process, including current ways of working across brands, business process management, systems, and objectives
Participating in governance management boards to provide input on items such as process scope and service delivery and assist in resolving operational issues
Building business cases to quantify the cost and value of process opportunities and advocate for funding as necessary
Developing prioritization of process related improvements and opportunities
Collaborating with the business, corporate, and Enterprise Business Services to ensure resources are properly trained on processes, policies, and systems
The Ideal Candidate will have experience:
Translating strategy into operational goals, objectives, and an Record-to-Report process roadmap
Leading the execution of a global strategy for an end-to-end Record-to-Report process including associated policies and technologies
Implementing new systems supporting General Ledger, Chart of Accounts, Fixed Assets, Intercompany, etc.
Prioritizing process related improvements and opportunities and building business cases to quantify cost/ benefit position
Making key decisions related to business process management, including target setting, process performance, and financial management
Driving major process redesign efforts and be accountable for implementation
Managing effectively through times of crisis and ambiguity
BS degree in Accounting, Finance, or General Management (CPA, or MBA preferred)
Program and project management experience required
Formal continuous improvement (e.g. LEAN / Six Sigma) and project management (e.g. PMP) certification/training desirable.
Minimum 10 years of Finance and Accounting experience in a complex multinational organization, ideally related to management of Record-to-Report processes
Understanding of GAAP and IFRS
Experience leading and supporting cross functional business services with an emphasis on Finance and Accounting functions
Experience with Shared Services and/ or Outsourced Service Delivery Models
Demonstrated experience working in a matrixed global environment
Demonstrable experience of executing process transformation initiatives or delivering enterprise systems
In-depth understanding of Record-to-Report leading practices and experience with Oracle, SAP, NetSuite, and other accounting systems
Experience with application and implementation of RPA and AI technologies within Record-to-Report process desirable
Proven Leadership of teams and Record-to-Report process
Ability to influence and drive change at all levels of the organization
25% average during normal circumstances
Booking Holdings is the world leader in online travel & related services. Our teams work around the clock to build and improve the technology that empowers people to more freely travel across borders, time zones, languages and cultures. At Booking Holdings, we make it easier for everyone to experience the world every day through seamless technology powered by our six major brands:
Through the Booking Holdings brands, we help our customers reach all corners of the earth. Our ability to provide great service rests on how well we understand our diverse customer base, which is why having a diverse team is so important to us. We bring together employees from all walks of life and we are proud to provide the kind of inclusive environment that stimulates innovation, creativity and collaboration.
Booking Holdings is an equal opportunity employer in accordance with all applicable federal, state and local laws. We ensure equal employment opportunity to all employees and applicants without discrimination or harassment based on race, religious creed, color, age, sex, sexual orientation, gender identity, national origin, religion, marital status, medical condition, disability, military service, pregnancy, childbirth and related medical conditions, or any other classification protected by federal, state, or local law.
Booking Holdings also extends this policy to every phase of the employment process including, but not limited to, recruitment, selection, placement, transfer, training and development, position elimination, restructure, promotion, compensation, benefits, layoffs, termination, and all other conditions or privileges of employment. Booking Holdings and its Affiliated Companies are Equal Employment Opportunity employers and welcome all job seekers including individuals with disabilities and veterans with disabilities. If you have a disability and believe you need reasonable accommodation in order to search for a job opening or apply for a position, please email firstname.lastname@example.org with your request. M/F/V/D/SO