Financial Accountant (General Ledger & Compensation Focus)

CommentSold, LLC; India; Remote; INR 800,000 - 1,000,000; Full time

Job summary

A financial services company is seeking a Financial Accountant with a focus on General Ledger and Compensation. This remote role requires at least 4 years of accounting experience and expertise in US GAAP. Responsibilities include preparing journal entries, conducting balance sheet reconciliations, and leading compensation accounting. Candidates must have advanced Excel skills and a strong analytical mindset. Ideal for those looking to work with a dynamic finance team in a remote setting.

Qualifications

• Minimum of 4+ years of professional accounting experience.
• Strong preference for candidates from mid-to-large corporate environments or public accounting.
• Advanced Excel skills, including Pivot Tables and managing complex workbooks.

Responsibilities

• Prepare and record monthly journal entries.
• Perform timely reconciliations for balance sheet accounts.
• Lead technical accounting for global compensation.
• Serve as a key contact for external auditors.

Skills

US GAAP

Financial reconciliation

Excel proficiency

Analytical mindset

Education

Bachelor’s degree in Accounting or Finance

CPA or progress toward CPA

Job description

Job Description: Financial Accountant (General Ledger & Compensation Focus)

Location: Remote/India

Department: Finance & Accounting

Reports To: Accounting Manager

Position Summary

We are seeking a highly analytical and technical Financial Accountant to join our finance team. This role is responsible for ensuring the integrity of the General Ledger through robust reconciliation processes and accurate month-end close execution. While this position oversees technical accounting for compensation and benefits, it is a broad-based role responsible for the reconciliation of various complex financial accounts and the maintenance of US GAAP compliance across the balance sheet.

The ideal candidate possesses a deep understanding of US GAAP, a passion for data integrity, and the ability to manage sophisticated financial reconciliations in a fast-paced environment.

Key Responsibilities

Month-End Close & General Ledger

• Journal Entries: Prepare and record monthly journal entries for various functional areas, ensuring all transactions are supported by appropriate documentation.
• Balance Sheet Reconciliations: Perform timely and accurate reconciliations for a broad range of balance sheet accounts.
• Variance Analysis: Conduct monthly flux analysis of income statement and balance sheet accounts, providing meaningful commentary on budget-to-actual and period-over-period variances.
• Process Automation: Continuously evaluate accounting workflows to identify opportunities for automation and efficiency within the close cycle.

Compensation & Benefits Accounting

• Accrual Management: Lead the technical accounting for global compensation, including the calculation and recording of month-end accruals for salaries, bonuses, commissions, and PTO.
• Accounting Reconciliations: Perform comprehensive reconciliations between third-party payroll provider reports and the General Ledger to ensure accounting accuracy.

Compliance & Audit

• Audit Support: Serve as a key point of contact for external auditors, preparing workpapers and providing technical explanations for financial statement line items.
• Internal Controls: Maintain and improve internal control procedures to ensure the safeguarding of assets and accuracy of financial reporting.
• Special Projects: Assist with ad-hoc financial reporting, technical accounting research, and the implementation of new accounting standards as needed.

Required Qualifications

• Experience: Minimum of 4+ years of professional accounting experience, with a strong preference for candidates from mid-to-large corporate environments or a Big 4 / mid-tier public accounting firm.
• Education: Bachelor’s degree in Accounting or Finance required. CPA or progress toward CPA is highly preferred.
• Technical Knowledge: Strong working knowledge of US GAAP, with specific experience in accruals, compensation accounting, and general ledger maintenance.
• Excel Proficiency: Advanced Excel skills are mandatory (Pivot Tables, XLOOKUP, and the ability to manage and audit complex workbooks).
• Analytical Mindset: Demonstrated ability to reconcile disparate data sources and identify root causes of financial variances.

Professional Attributes

• Meticulous Detail: You have a zero-defect mindset when it comes to reconciliations and financial accuracy.
• Analytical Thinking: You understand the "why" behind the transactions, not just the numbers.
• Discretion: Ability to handle sensitive financial information with the highest level of confidentiality.
• Proactive Communication: Ability to collaborate effectively with cross-functional partners in HR, Legal, and Operations.