Compensation and Benefits Accounting - Associate

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