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Principal Fixed Asset Accountant (Hospitality…
- Sabre (Dallas, TX)
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Sabre Corporation is a leading technology provider to the global travel and tourism industry. Headquartered in Southlake, Texas, USA, Sabre operates offices in approximately 60 countries around the world. At Sabre, we make travel happen. Positioned at the center of the business of travel, our platform connects people with experiences that matter in their lives. Today, Sabre is creating a new marketplace for personalized travel. It is our people who develop and deliver powerful solutions that meet the current and future needs or our airline, hotel and travel agency customers. Join our journey!
**_NOTE:_** _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, assistant on 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
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's Compliance Office at [email protected]
Affirmative Action
Sabre is an equal employment opportunity/affirmative action employer and is committed to providing equal employment opportunities to minorities, females, veterans, and disabled individuals. EEO IS THE LAW
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Principal Fixed Asset Accountant (Hospitality Solutions)
- Sabre (Dallas, TX)