Specialist Assistant Manager, Payroll Accounting (Controllership)
Deloitte Services LP includes internal support areas such as Marketing and Communications, Human Resources/Talent, Information Technology, Facilities Management, and Financial Support Services.
Team Overview
The Payroll Accounting team supports the US Deloitte firm by overseeing the proper accounting for the payroll processing and payroll-related activities. This includes tracing, reviewing, and analyzing payroll transactions from the payroll system to the ledger to verify accuracy, as well as, performing balance sheet reconciliations of various payroll-related accounts.
Work you’ll do
The primary area of focus for this position is payroll-related general ledger reconciliations and subsequent analysis, as well as, related day-to-day activities. Responsibilities include overseeing the processing and accounting for payroll-related areas, such as, employee notes & loans, United Way pledges, Director’s Deferred Compensation Plan (DDCP), and escheatable property. This person will also assist and contribute to various department projects and process improvements.
Location- Hyderabad
Timings - 2PM-11PM
Key Responsibilities include:
- Prepare, review, reconcile, and analyze a diverse group of balance sheet reconciliations related to payroll, payroll taxes, employee benefits, employee notes & loans, escheated payables and relocation.
- Ensure ledger balances in these accounts are stated accurately and work closely with involved teams to discuss issues, processes, and ensure timely resolution of reconciling items.
- Perform the day-to-day activities including processing, accounting, and reporting related to these areas.
- Prepare and submit journal entries as needed.
- Develop intricate knowledge of the payroll-related accounts and processes including how the SAP system works and interfaces with the general ledger.
- Collaborate with involved teams to identify opportunities to streamline and improve posting processes and accuracy.
- Assist with training and knowledge sharing as needed between the payroll, payroll processing and finance teams.
- Create and/or update process documentation as processes change.
- Perform other job-related duties as assigned.
Qualifications:
- Bachelor’s degree in Finance, Accounting, or related discipline required and 6+years of relevant experience preferred.
- Background in payroll, payroll taxes, and accounting is preferred.
- Proficient in Microsoft Excel with the ability to manipulate and analyze large volumes of data using formulas, v-lookups, and pivot tables.
- Experience with SAP accounting software preferred.
- Must be detail-oriented with a commitment to accuracy and quality work.
- Possess strong problem-solving skills with the ability to follow a transaction from beginning to end through various systems and reports.
- A process-improvement mindset with the ability to challenge the status quo and identify improvements.
- Ability to analyze data to ensure the quality and accuracy of that data, then process, design and present it in ways to help team members and leadership make better decisions.
- Strong written and verbal communication skills are required including the ability to collaborate with people at all levels and virtually