Company Intro
Booking Holdings India is a Center of Excellence based in Bengaluru, India and 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 our BrandsBooking 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.
Job Overview
As a Accounts Receivable Finance Analyst, you will be working on a global portfolio of accounts to ensure that the Accounts receivable operational ad hoc tasks are performed daily by closing Jira tickets and performing transactions and Internal audits while bringing initiatives to improve the activities/processes. The Accounts Receivable Finance Analyst, will reconcile accounts, issue manual invoices, post payments and update customer records in the Accounting/Reporting systems and perform Cash application for high volume of receipts. You are responsible to Investigate and resolve business partner inquiries to ensure the efficient payment allocation (including Direct Debit), inbound management, and ad-hoc business requests to accommodate for bulk / complex payment clearances. The Accounts Receivable Finance Analyst,has a good level of knowledge and expertise in regards to the Account receivable/Billing & Legal Collections process and is able to analyze it with a critical mindset in order to identify gaps and opportunities to improve it and make it more efficient, scalable and reduce manual workload. Accounts Receivable Finance Analyst responsibilities require a good level of technical expertise in order to be able to effectively work both with internal and external stakeholders and ensure that core operations are effectively performed and system and operational improvements are determined and achieved.
Key Responsibilities
Responsibilities and Duties - for posting
Post all incoming cash payments from customers (direct debit , bank transfer payments and Payment Service Providers ) and ensure accurate and timely allocation adhering to our SLAs, rectifying any allocations or process issues that may occur.Address any system, operational and external issues as and when they occur owning the end to end process Timely allocate the payments coming for Payment Service Providers Globally and reconcile the dedicated GLSet up and maintain appropriate records and files concerning customer remittance and accounts receivable posting transactions, perform the GL reconciliations.Supports and collaborates with the members of the Transformation Team /Opex team regarding the continuous improvement initiatives /projectsEnsure standard processes are adhered ,documented and updated in accordance with the compliance standards and guidelines and driven by the business need/changeProcess sub-team operations:- Handling tickets from multiple OTC teams
- Ad hoc O2C tasks
- Good contact with banks, third party providers and correspondence with internal stakeholders at all levels
Communication
Internal Stakeholders
(E.g. Employees of Booking Holdings and its subsidiaries)
Type
Cooperation
Persuasion
Information
Frequency
Continuous
(daily or a several times a day)
Frequent
(about once a week)
Occasionally
(once or twice a month or less)
TeamCooperationProcess the daily workload, support the team, share knowledge and be point of escalationsContinuousInternal StakeholdersCooperation &InformationMain point of contact. Work closely together tosupport operations, share knowledge and support process improvements.ContinuousOther Finance/internal teamsCooperation &InformationWork with the team to improve communication and processes while supporting alignment with the business focus. Align to B.com best practicesContinuous
External Stakeholders
External Vendors
Type
InformationConfirm that Booking.com policies and processes are being followed
Frequency
Continuous
Knowledge And Skills
Provide a bullet point list of the qualifications that are necessary for someone to fill this position. If anything is “preferred,” denote with an asterisk (*). [Please be sure this is the knowledge required to perform the role and not what current/former incumbent may happen to hold.]
Required Knowledge
Qualifications - for posting
Place an X in the shaded boxes that are required to perform
the principal duties and responsibilities of this position
Not RequiredSpecialized DiplomaBachelor’s Degree
X
Master’s DegreePhD
Years of Relevant Job Knowledge
Place an X in the shaded boxes that are required to perform
the principal duties and responsibilities of this position
Limited job knowledge (0-1 years)
Basic job knowledge (1-3 years)
Broad job knowledge (3-5 years)
X
Advanced job knowledge (5-8years)Extensive knowledge (8-12 years)Substantial knowledge (12+ years)
Knowledge Skills & Abilities
List knowledge, skills and abilities that are required to successfully perform
the broad responsibilities of this job
- Mandatory OTC Cash Application/Allocation knowledge
- Working on multiple bank accounts/ currencies is preferable
- SAP Fica knowledge, MS office, Google Chrome
- Excellent communication skills, both written and spoken in English;
- Team and service oriented approach
- Accurate with good attention to detail
- Ability to work independently, with high self-motivation and discipline;
- Should be persistent and have sense of urgency
- Creative thinker
- Full ownership, accountability & proactiveness
- Strong organizational and prioritization skills;
- Internationally focused and an awareness of different cultures.
Position Scope
Provide information related to the job’s scope and impact. Place an X in the shaded boxes that apply.
Scope
Operates within a single Business Unit, or multiple Business Units or Corporate
Single Business Units
X
Multiple Business UnitsCorporate
Impact
Action and/or outcomes from this job typically impact the following; select all that apply
(E.g., an accounting manager might impact the entire business unit because they are reporting financials for that business unit. An analyst might impact their own team because they are helping create workflows for their team to deliver projects. A VP in HR might impact the entire function by determining best practices for Booking Holdings)
Own teamDepartment XEntire Function (e.g., HR, Finance, IT)Entire Business Unit (s)Enterprise-wide
Time Horizon
Actions and/or decision made by this job typically impact their area of work for this period of time
Short to mid-term (1 - 3 years)Mid to long-term (3 - 5 years) XLong-term (5+ years)
About BKNG
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:
- Booking.com
- KAYAK
- priceline
- agoda
- Rentalcars.com
- OpenTable
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.
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.