Compensation and Benefits Accounting - Associate

NTT America, Inc.; Pune District; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

NTT America, Inc. Mumbai seeks an Associate for Compensation and Benefits Accounting to manage month-end close, journal entries and variance analyses for compensation, benefits and equity plans. You will ensure GAAP compliance, support audits, and collaborate with cross-functional teams.

Ideal candidates have 7+ years in accounting, CPA/CA preferred, and strong Excel, Power BI and PeopleSoft experience. This role offers growth in a global finance environment with rigorous controls.

Qualifications

• Degrees in commerce/finance with professional qualification preferred.
• Experience in accounting, reporting and audit procedures.
• Experience with US GAAP knowledge is beneficial.

Responsibilities

• Close monthly, quarterly and yearly books for compensation, benefits and equity plans.
• Prepare journals and adjusting entries; analyze variances.
• Research technical accounting issues and document guidance.
• Maintain compliance with GAAP and regulatory requirements.
• Assist audits and liaise with cross-functional teams to resolve issues.

Skills

Advanced Excel

Written & verbal communication

Analytical skills

Problem solving

Team player

Ability to manage multiple priorities

Attention to detail

Self-motivation

Education

B.Com / M.Com

MBA Finance

CA / CPA preferred

Tools

Power BI

VBA / Macros

PeopleSoft

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