Senior Specialist, Payroll

BNY; Pune District; On-site; INR 700,000 - 1,100,000; Full time

Job summary

BNY is seeking a Senior Specialist, Payroll Accounting to execute payroll accounting across entities, prepare journal entries, and support timely close with accuracy and compliance.

You will collaborate with Payroll Delivery, Employment Tax, Finance and other stakeholders to resolve discrepancies, perform reconciliations, and improve processes, leveraging advanced Excel and strong analytical skills.

Qualifications

• Bachelor's degree in accounting or finance preferred.
• 5–8 years total work experience preferred.
• Experience in payroll accounting, general ledger accounting, finance operations, or reconciliation functions preferred.
• Experience performing complex account reconciliations and payroll-related accounting controls.
• Strong analytical skills and attention to detail.
• Advanced Excel skills for data analysis and financial reporting.
• Strong communication and collaboration across payroll, tax, and finance teams.

Responsibilities

• Prepare and post payroll-related journal entries, accruals, reversals, and adjustments with complete supporting documentation.
• Perform day-to-day payroll accounting activities for assigned entities and record payroll transactions in the general ledger.
• Complete monthly, quarterly, and annual close deliverables for payroll accounting.
• Collaborate with Payroll Delivery and related teams to resolve discrepancies and clear reconciling items.
• Research reconciling items and root causes to process corrections and clear balances.
• Gather documentation for audits and respond to audit requests.

Skills

Payroll accounting

General ledger

Account reconciliations

Excel proficiency

Analytical skills

Communication skills

Cross-functional collaboration

Education

Bachelor's degree in accounting or finance

Tools

Microsoft Excel

Job description

Senior Specialist, Payroll Accounting is a hands-on role responsible for executing payroll accounting activities across assigned entities. This role prepares journal entries, performs account reconciliations, researches and resolves discrepancies, and completes payroll-related close deliverables accurately and on time. Working closely with Payroll Delivery, Employment Tax, Finance, and other stakeholders, the Senior Specialist applies established controls and procedures in day-to-day work to support compliance, accurate financial reporting, and process efficiency.

Payroll Accounting and Close Execution

• Prepare and post payroll-related journal entries, accruals, reclasses, reversals, and adjustments, with complete supporting documentation.
• Perform day-to-day payroll accounting activities for assigned entities, recording payroll transactions accurately in the general ledger.
• Complete assigned payroll accounting deliverables in line with monthly, quarterly, and annual financial close deadlines.
• Work directly with Payroll Delivery and related teams to resolve discrepancies and clear reconciling items promptly.
• Research reconciling items, out-of-balance conditions, and aged balances, determine root causes, and process the corrections needed to clear them.
• Gather and provide documentation in response to internal and external audit requests.

General Ledger Reconciliations and Controls

• Prepare and complete reconciliations for payroll and HR-related balance sheet accounts, including payroll clearing, employment tax liabilities, employee benefit accruals, and benefit-related clearing accounts.
• Complete reconciliations on time with appropriate supporting documentation and clear variance explanations, in line with established financial control standards.
• Review account activity on a recurring basis, flag potential control gaps, and suggest practical process fixes.
• Perform new control steps and complete assigned remediation actions resulting from audits, risk assessments, or operational reviews.

Reporting, Procedures, and Process Improvement

• Prepare recurring and ad-hoc reports on payroll accounting activities, reconciliations, and close status.
• Follow payroll accounting policies and procedures, and help keep desk procedures and process documentation up to date.
• Compile key metrics and status updates on reconciliation and close progress for management review.
• Complete assigned tasks on special projects, system enhancements, and benefits or compensation-related changes affecting payroll accounting processes, including testing and validation.

To be successful in this role, we’re seeking the following

• A bachelor's degree in accounting or finance is preferred.
• 5-8 years of total work experience preferred.
• Relevant experience in payroll accounting, general ledger accounting, finance operations, or reconciliation functions preferred.
• Experience performing complex account reconciliations, payroll-related accounting controls and researching accounting discrepancies.
• Strong analytical skills and attention to detail, with the ability to identify discrepancies and resolve them independently.
• Advanced Microsoft Excel skills, including data analysis and financial reporting.
• Strong communication and collaboration skills, with the ability to work across payroll, tax, and finance teams.
• No direct reports.