Compensation And Benefits Accounting - Associate

NTT DATA North America; Mumbai; On-site; INR 1,200,000 - 2,400,000; Full time

Job summary

NTT DATA North America in Mumbai is seeking an Associate in Compensation and Benefits Accounting to support month-end close, journal entries, and reporting for compensation, benefits, and equity plans.

The role requires strong GAAP knowledge, Excel, and the ability to collaborate with cross-functional teams; CPA may be preferred, with 7+ years' experience in accounting or finance. The position involves audits, controls, and documentation.

Qualifications

• B.Com/M.Com and MBA Finance are required.
• CA/CPA is preferred.

Responsibilities

• Ensure complete, accurate month-end, quarter-end and year-end close for compensation, benefits and equity plan accounting.
• Prepare and record monthly journal entries and adjusting entries.
• Perform variance analysis and explanations.
• Monitor and reconcile complex GL accounts and liaise with cross-functional teams.
• Support internal and external audit requirements.
• Integrate new unit/award issuance into accounting processes.

Skills

MS Excel

Analytical skills

Communication

Teamwork

Time management

Education

B.Com/M.Com and MBA Finance

CA/CPA preferred

Tools

Power BI

PeopleSoft

VBA/Macros

Job description

Job Description:

Position: Compensation and Benefits Accounting – Associate

Position Summary

The Compensation and Benefits Accounting Team is a part of the Office of the CFO and Controllership organization. The Associate will be a member of a team of professionals that serve as the organizational center of excellence for compensation, benefits, and equity plan accounting to deliver best in class accounting and support business partners with reporting and analysis. The Associate will be responsible for accounting and reporting for compensation, benefits and equity plans.

Key Responsibilities And Duties

• Ensure complete, accurate and timely month-end, quarter-end and year-end close processes for compensation (Various short term and long term award plan) , benefits and equity plan accounting.
• Prepare and record monthly journal entries and adjusting entries, as needed
• Prepare pre-close month over month variance analysis and explanations
• Work independently to monitor, maintain, and reconcile complex general ledger accounts; liaise with cross functional team to research and resolve reconciliation exceptions
• Participate in special projects and ad hoc reporting
• Cross train on various accounting functions within the team
• Participate in completing and reviewing internal and external audit requirements
• Integrate new unit/award issuance; forfeiture, termination into accounting processes and workpapers, as required
• Assist with researching related technical accounting or reporting issues and provide timely, accurate and well documented guidance to ensure proper accounting treatment
• Maintain compliance with GAAP or regulatory accounting and reporting requirements
• Monitor and maintain written documentation of policies, procedures, processes, and controls within Compensation and benefit areas
• Become thoroughly familiar with assigned general ledger accounts, compensation and benefit programs, business segments and applicable technical accounting areas

Required Skills

• B.Com/M.com and MBA Finance
• CA/CPA is a preferred
• 7+ years of experience in an accounting or finance role
• Experience in accounting and/or audit procedures
• Experience with financial accounting systems
• Advanced proficiency in MS Excel
• Excellent written and verbal communication skills, proven ability to work as an effective team player and ability to collaborate
• Demonstrated strength in analytical and problem solving skills
• Ability to manage multiple competing priorities and achieve targeted outcomes
• A commitment to a culture of excellence and client service
• A sense of urgency, results orientation and thoughtful execution skills
• Highly organized, detail oriented, self-motivated, and positive work ethic
• Ability to take direction and work independently

Preferred Skills

• Certified Public Accountant (CPA) or CPA eligible
• Strong technical knowledge of US GAAP
• Knowledge of compensation and benefits accounting
• Familiarity with equity plan accounting
• Working knowledge of VBA / Macros is a plus and Power BI
• Previous experience with PeopleSoft

Location: Mumbai

Requirements: