Senior Process Associate - General Ledger

Alliad Admin Hub; Hyderabad; On-site; INR 6,00,000 - 8,00,000; Full time

Job summary

A financial services company based in India is seeking a Finance & Accounting professional to manage payroll activities. The ideal candidate will have a Bachelor's degree in Commerce, 3-4 years of experience in finance, and proficiency in Oracle ERP. Strong communication and customer service skills are essential. This role involves handling payroll, reconciliations, and ensuring compliance with statutory payments.

Qualifications

• 3 - 4 years of experience in Finance & Accounting functions.
• At least 2-3 years of experience handling Payroll related accounting activities.
• Must have working knowledge of AP, AR and GL in an ERP environment.

Responsibilities

• Collect payroll information and validate in ERP.
• Conduct periodic reconciliation of intercompany transactions.
• Maintain confidentiality of financial information.

Skills

Finance & Accounting

Customer Service Skills

Communication Skills

MS Excel

Multi-tasking

Education

Bachelors Degree in Commerce

Qualified or semi-qualified CA/CMA

Tools

Oracle ERP

MS Word

MS Power Point

MS Outlook

Job description

GRole & responsibilities

• Collecting Payroll information from different countries, reviewing, validating and accounting in the books of accounts through ERP within predefined timelines to meet the requirements of clients.
• Periodic reconciliation of Intercompany transactions among various group entities and ensure that there are no reconciling items.
• Reconciling staff salary payments with bank statements and reporting variances.
• Maintaining high confidentiality of information to protect the interests of company and staff.
• Reviewing statutory payments with respect to staff of different entities. Ensuring timely payment of staff related taxes to government departments wherever applicable.
• Reviewing treasury functions handled by co-staff whenever required.
• Co-ordination with different teams like AP, AR, HR, Inventory etc. for collecting and processing of transactions through ERP.
• Frequent co-ordination and communications with clients from various countries to ensure all the transactions are properly considered & accounted for.
• Revaluation of payroll and Intercompany balances with monthly closing currency exchange rate from Oracle.
• Preparing and maintaining monthly accruals for payroll and Intercompany related costs wherever required.
• Meeting the month closing and reporting timelines for all the projects assigned.
• Extend audit support as and when required.

Preferred candidate profile

• Bachelors Degree in commerce.
• Good if qualified or semi qualified CA/CMA
• 3 - 4Years of experience in Finance & Accounting functions out of which at least 2-3 years of experience handling Payroll related accounting activities.
• Must have the working knowledge of AP, AR and GL in ERP environment (ERP Oracle knowledge is suggestable).
• Should be proficient with MS Excel, Word, Power Point, and Outlook
• Require better understanding of accounting concepts and policies.
• Must be very familiar with working with multiple currencies, foreign exchange currencies.
• Better oral and written communication skills.
• Excellent customer service, interpersonal, and communication skills.
• Require multi-task, organizing and time management skills.