Principal Accountant

Posted Yesterday
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United States of America
7+ Years Experience
Information Technology • Software • Travel
The Role
The Principal Accountant at Sabre oversees corporate accounting processes, including lease accounting, benefits and pension accounting, foreign currency accounting, and consolidations. This role requires collaboration with various stakeholders, adherence to policies, and enhancement of accounting practices, ensuring compliance and accuracy in financial reporting.
Summary Generated by Built In

Sabre is a technology company that powers the global travel industry. By leveraging next-generation technology, we create global technology solutions that take on the biggest opportunities and solve the most complex challenges in travel. 

Positioned at the center of the travel, we shape the future by offering innovative advancements that pave the way for a more connected and seamless ecosystem as we power mobile apps, online travel sites, airline and hotel reservation networks, travel agent terminals, and scores of other solutions.

Simply put, we connect people with moments that matter.

As part of a large global accounting team, the Principal Accountant will play an essential role in leading and maintaining accounting processes, policy, and internal control environments for corporate activities and global accounting initiatives. This position offers exposure to many aspects of Corporate and global accounting at Sabre including Blackline management, lease accounting, benefits and pension accounting, foreign currency accounting, and consolidations as well as project-based activities. You will have the opportunity to interact with a broad and diverse group of stakeholders that includes Treasury, Finance, Human Resources, Global Business Systems, Internal Audit, and External Audit. You will report to the Director of Corporate Accounting and Collections. 

You welcome challenges and your focus is on adhering to processes and procedures, while challenging the status quo through best practices. You're continually looking for ways to help our team improve upon great performance. You have a passion for not only learning about processes but also sharing what you know in a way that is effective, engaging, and applicable. Sabre offers an open and diverse work environment that emphasizes accomplishment through collaboration and diligence.

Responsibilities of Principal Accountant:

  • Perform lease accounting under ASC 842 including maintaining lease schedules, reconciliations and entries
  • Ensure Sabre’s US/Canada employee benefit plans, pensions, and compensation are appropriately accounted for; liaise with human resource and finance stakeholders
  • Perform foreign exchange (FX) activities including policy updates, initiate and validate monthly FX remeasurement / translation results, maintain SAP FX configuration documentation, become subject matter expert providing advice on FX concerns/issues and control owner of FX process
  • Manage the global accounting reconciliation process utilizing Blackline, maintain reconciliation policy, and ensure an adequate reconciliation process through analysis and controls
  • Perform month-end close duties preparing journal entries, reconciling general ledger accounts and resolving related issues
  • Maintain Sabre’s consolidation process, utilizing HFM tool, become subject matter expert on Sabre’s consolidation logic
  • Perform intercompany (I/C) accounting activities including policy updates and preparing / posting I/C entries related to special projects
  • Contribute to the quarterly balance sheet fluctuation analysis for areas of responsibility
  • Work with stakeholder organizations regarding compliance with internal control over financial reporting and other compliance initiatives
  • Drive improvements to areas of oversight/responsibility that are prevalent across the stakeholder organizations
  • Participate as a stakeholder and subject matter expert in new system implementations for areas of responsibility

Education & Certifications:

  • Bachelor's or Master's degree in Accounting required
  • CPA license preferred

Experience & Skills:

  • Five (5) or more years of accounting experience; combination of experience with a large accounting firm and industry is preferred
  • Strong experience with public company compliance requirements
  • Understanding of US GAAP, consolidations and SEC rules/regulations as well as related reporting requirements
  • Strong ability to implement and improve processes
  • Strong organizational and time management skills with the ability to continually prioritize workload and respond to top priorities with a sense of urgency
  • Strong project management and oversight skills within the accounting function
  • Detail-oriented with both the ambition and willingness to dive into the details necessary to accomplish responsibilities and solve problems
  • Exceptional interpersonal skills and the ability to work effectively with all levels of internal and external stakeholders
  • Excellent verbal and written communication skills
  • Experience with SAP and HFM preferred

Sabre Offers The Following Outstanding Benefits

  • Very competitive compensation
  • Generous Paid Time Off (25 PTO days)
  • 4 days (one day/quarter) Volunteer Time Off (VTO)
  • 5 days off annually for Year-End Break
  • We offer a comprehensive medical, dental and Wellness Program
  • 12 weeks paid parental leave
  • An infrastructure that allows flexible working arrangements
  • Formal and informal reward, recognition and acknowledgement programs
  • Lots of fun and engaging employee development events

Reasonable Accommodation

Sabre is committed to working with and providing reasonable accommodation to applicants with disabilities. Applicants applying for a Sabre position with a disability who require a reasonable accommodation for any part of the application or hiring process may contact Sabre at [email protected].

Determinations on requests for reasonable accommodation will be made on a case-by-case basis.

Affirmative Action

Sabre is an equal employment opportunity/affirmative action employer and is committed to providing employment opportunities to minorities, females, veterans and disabled individuals. EEO IS THE LAW

#LI-Hybrid#LI-KN1

The Company
HQ: Southlake, TX
8,150 Employees
On-site Workplace

What We Do

We are a software and technology company that powers the global travel industry. With decades of revolutionary firsts, our team of experts drive innovation and ingenuity in the industry.

Today, we are creating a new marketplace for personalized travel. We partner with airlines, hoteliers, agencies and other travel partners to retail, distribute and fulfill travel. We are committed to helping customers operate more efficiently, drive revenue and offer personalized traveler experiences with next-generation technology solutions.

Positioned at the center of the business of travel, our platform connects people with experiences that matter in their lives.

Sabre's technology powers the nearly US$8 trillion travel industry. Our technology and data-driven solutions help our airline, hotel, travel agency and corporate customers grow their businesses and transform the traveler experience. The scale, breadth and depth of our technology is unmatched and sustains a complex industry.

We provide an open and stable platform to deliver flexible, reliable and scalable solutions. Over the years, we have shaped and modernized the travel industry. We pioneered online travel agencies, corporate booking tools, revenue management, and web and mobile itinerary tools, to name a few.

Our travel marketplace transacts more than US$120 billion of travel spend per year. And we are the world’s largest provider of airline and hotel technology.

We have been named to the InformationWeek 500 list of the most innovative technology companies for 11 consecutive years. And InformationWeek named Sabre seventh on its list of the “Greatest Software Ever Written.”

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