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.
The Treasury Analyst will play a vital role as a key contributor to the Company’s Corporate Treasury organization, providing day to day support as it relates to banking, short term investments, debt and insurance, including being the main point of contact to address routine business inquiries. The Analyst will also be responsible for ensuring strict compliance with all Treasury SOX controls and managing the timely completion of SOX controls documentation.
In addition, the Analyst will be responsible for providing reporting and analytical insights to drive effective managerial decisions in cash management and liquidity, FX and counterparty exposures, and short term investments
This is a role of high visibility from C- Suite management and the ability to get involved in corporate wide projects of high impact.
Responsibilities and Duties
Produce the weekly cash position forecast for Booking Holdings and ensure accounts are properly funded to support corporate cash flows. Support brand efforts to establish cash management processes and draft the relevant Standard Operating Procedures to support the new practices.
Coordinate the execution of Treasury Payments with AP and Corporate accounting and controllership team, including executing and monitoring debt payment obligations, intercompany funding, M&A payments among others. Troubleshoot payment issues as needed.
Short Term Investments & Debt:
Coordinate and execute daily money market transactions to invest excess cash or fund the bank accounts as needed. Oversee debt management, including executing and monitoring debt payment obligations.
Support standby letters of credit and bank guarantees issuances.
Bank Account Administration:
Work directly with banking partners to open, modify or close bank accounts. Independently complete all documentation and coordinate the implementation of banking services. Complete all periodic KYC reviews as requested by the banks. Provide Ad-Hoc support to all brands for special projects related to the implementation of banking services.
Administer online banking systems and services; train internal business partners on bank systems and services.
Process and Controls:
Assist in compliance with regulatory requirements and SOX controls; maintain records and provide test data as requested.
Write and maintain process documentation for all reports and functional responsibilities of the Treasury Analyst position.
Provide analytical support for projects with cross-functional teams including Accounting, Tax, FP&A, and Legal.
Analyze and summarize information to prepare effective PowerPoint presentations with the level of quality needed to distribute to C suite management
Cash, Debt and Investments:
Extract financial data from Hyperion to produce monthly cash, debt and investment reports that are distributed to C suite management. Develop in-depth understanding of the data inputs to guarantee reports’ accuracy and quality and to provide additional insights as needed.
Respond to financial data inquiries utilizing the Bloomberg Terminal.
Ad-Hoc Reporting and Special Projects:
Bachelor’s Degree in Finance, Business Administration or related field is required.
2 -10 years experience in Corporate Treasury.
Advanced Microsoft Excel and PowerPoint skills.
Strong problem solving and analytical skills.
Advanced written and oral communication skills, experience communicating with diverse stakeholders at different levels of the organization.
Conceptual knowledge of SOX controls and experience drafting standard operating procedures (SOP's).
Conceptual knowledge of cash, cash flow management, banking systems, short term investments, Foreign Exchange, corporate debt and securities.
Working knowledge of Treasury Management Systems and Bloomberg Terminal.
Experience working with complex documentation.
Data collection, data mining and data mapping.
Ability to operate independently in a complex and evolving environment.
Apply common sense understanding to carry out instructions furnished in written, oral, or diagram form.
Deal with problems involving several variables in non-standard situations. Propose and implement solutions providing concrete rationale for these.
Comfortable balancing changing priorities to meet strict deadlines.
Desire to grow within the role and expand functional expertise.
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 email@example.com with your request. M/F/V/D/SO