Sabre Corporation
Principal Fixed Asset Accountant (Hospitality Solutions)
Sabre Corporation, Southlake, Texas, United States, 76092
Principal Fixed Asset Accountant (Hospitality Solutions)
Join to apply for the
Principal Fixed Asset Accountant (Hospitality Solutions)
role at
Sabre Corporation . TPG Capital, a global alternative asset management firm, recently acquired Hospitality Solutions. Over the coming months, Sabre is working with TPG to formally separate the Hospitality Solutions business from Sabre. It is important to understand that while you will be employed by a Sabre legal entity, your role will be to support the Hospitality Solutions business, which is now owned by TPG. Hospitality Solutions , formerly part of Sabre Holdings, is a global leader at the forefront of hospitality technology powering over 40,000 properties across 174 countries. Celebrated for our innovative and customer-centric approach, we deliver integrated platforms for distribution, reservations, retailing, and guest experience to both renowned hotel brands and independent properties worldwide. Position Summary
The
Principal Fixed Asset & Lease Accountant
will own the end-to-end process of the company’s fixed assets and lease accounting. This includes accounting policy update, implementing process improvements, assisting with system integrations, and serving as the technical expert on ASC 360, ASC 350-40, and ASC 842. This individual will provide strategic insight to management, collaborate with Finance and Operations teams, and mentor junior accountants. It’s an ideal opportunity for a technically strong, detail-oriented accountant who thrives on ownership and continuous improvement in a scaling SaaS environment. Key Responsibilities
Technical Accounting Leadership
Serve as the subject matter expert on fixed asset and lease accounting (mainly lessee accounting) under U.S. GAAP. Develop, maintain, and update accounting policies for capitalization, internal-use software, and leases. Interpret new accounting standards and assess impacts to the company’s financial statements. Partner with FP&A and Engineering to ensure proper capitalization and amortization of software development costs (ASC 350-40). Fixed Asset Management
Oversee the fixed asset subledger, ensuring accuracy of capitalization, depreciation, disposals, and transfers. Review and validate capital projects, distinguishing between capital and expense classifications. Manage the accounting for internal-use and developed software, including timing of capitalization, amortization, and impairment assessments. Drive automation and efficiency in asset tracking and reporting processes. Lease Accounting
Lead the accounting and reporting for all operating and finance leases under ASC 842. Evaluate new lease contracts, modifications, and renewals for proper accounting treatment. Ensure completeness and accuracy of ROU assets and lease liability balances. Prepare and review quarterly lease-related journal entries, reconciliations, and disclosures. Cross-Functional Collaboration
Partner with Legal, Procurement, and Operations to identify new leases and capital projects early in the process. Collaborate with FP&A to support forecasting and budgeting of depreciation and lease expenses. Support system implementations and ERP integrations related to fixed assets and leases. Serve as the main point of contact for external auditors on fixed asset and lease accounting topics. Qualifications
Required
Bachelor’s or Master’s degree in accounting 7+ years of progressive accounting experience, with significant focus on fixed asset and lease accounting. Deep understanding of U.S. GAAP, including ASC 360, ASC 350-40, and ASC 842. Proven experience with ERP systems (Workday preferred) Strong Excel and analytical skills, including complex reconciliations and modeling. Demonstrated ability to design and implement accounting processes and controls. Preferred
CPA license with public accounting experience. Experience in a SaaS or technology company with capitalized software accounting. Prior involvement in ERP system implementations or automation projects. Work Environment
Hybrid position based in North Dallas, TX. 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
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Join to apply for the
Principal Fixed Asset Accountant (Hospitality Solutions)
role at
Sabre Corporation . TPG Capital, a global alternative asset management firm, recently acquired Hospitality Solutions. Over the coming months, Sabre is working with TPG to formally separate the Hospitality Solutions business from Sabre. It is important to understand that while you will be employed by a Sabre legal entity, your role will be to support the Hospitality Solutions business, which is now owned by TPG. Hospitality Solutions , formerly part of Sabre Holdings, is a global leader at the forefront of hospitality technology powering over 40,000 properties across 174 countries. Celebrated for our innovative and customer-centric approach, we deliver integrated platforms for distribution, reservations, retailing, and guest experience to both renowned hotel brands and independent properties worldwide. Position Summary
The
Principal Fixed Asset & Lease Accountant
will own the end-to-end process of the company’s fixed assets and lease accounting. This includes accounting policy update, implementing process improvements, assisting with system integrations, and serving as the technical expert on ASC 360, ASC 350-40, and ASC 842. This individual will provide strategic insight to management, collaborate with Finance and Operations teams, and mentor junior accountants. It’s an ideal opportunity for a technically strong, detail-oriented accountant who thrives on ownership and continuous improvement in a scaling SaaS environment. Key Responsibilities
Technical Accounting Leadership
Serve as the subject matter expert on fixed asset and lease accounting (mainly lessee accounting) under U.S. GAAP. Develop, maintain, and update accounting policies for capitalization, internal-use software, and leases. Interpret new accounting standards and assess impacts to the company’s financial statements. Partner with FP&A and Engineering to ensure proper capitalization and amortization of software development costs (ASC 350-40). Fixed Asset Management
Oversee the fixed asset subledger, ensuring accuracy of capitalization, depreciation, disposals, and transfers. Review and validate capital projects, distinguishing between capital and expense classifications. Manage the accounting for internal-use and developed software, including timing of capitalization, amortization, and impairment assessments. Drive automation and efficiency in asset tracking and reporting processes. Lease Accounting
Lead the accounting and reporting for all operating and finance leases under ASC 842. Evaluate new lease contracts, modifications, and renewals for proper accounting treatment. Ensure completeness and accuracy of ROU assets and lease liability balances. Prepare and review quarterly lease-related journal entries, reconciliations, and disclosures. Cross-Functional Collaboration
Partner with Legal, Procurement, and Operations to identify new leases and capital projects early in the process. Collaborate with FP&A to support forecasting and budgeting of depreciation and lease expenses. Support system implementations and ERP integrations related to fixed assets and leases. Serve as the main point of contact for external auditors on fixed asset and lease accounting topics. Qualifications
Required
Bachelor’s or Master’s degree in accounting 7+ years of progressive accounting experience, with significant focus on fixed asset and lease accounting. Deep understanding of U.S. GAAP, including ASC 360, ASC 350-40, and ASC 842. Proven experience with ERP systems (Workday preferred) Strong Excel and analytical skills, including complex reconciliations and modeling. Demonstrated ability to design and implement accounting processes and controls. Preferred
CPA license with public accounting experience. Experience in a SaaS or technology company with capitalized software accounting. Prior involvement in ERP system implementations or automation projects. Work Environment
Hybrid position based in North Dallas, TX. 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
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