Payroll Accounting Lead (US Shifts)

Job Description

Role & responsibilities Work closely with the global stakeholders to process and ensure accurate recording (Accruals, Amortization, Allocation, Reclass, etc), reporting, consolidation and analyzing reports pertaining to Payroll accounting • Prepare Balance Sheet reconciliations covering Payroll and related account. Closely monitor and resolve all aged open items and make sure balance is properly supported. • Active participation in performing the monthly, quarterly and annual closing process related to Payroll. • Process Monthly payroll reports. • Process full and final settlements. • Book payroll related accruals like Annual bonus, incentives, Restructuring, etc and true up entries. • Proper accounting of employee deductions, tax deposit to Govt. • Proper accounting for employee benefit schemes like Insurance, Defined contribution pension plans such as the 401(k), Retirement benefits, etc. Preferred candidate profile Night shift role, EST time zone