Opening For Financial Account (Salaries & Wages Accounting) - Mumbai

Role & responsibilities

We are seeking a highly skilled Finance Accountant to manage financial processes across Salaries & Wages (S&W). This role involves financial analysis, reconciliations, compliance, and process improvements, while working closely with internal and external stakeholders to drive operational excellence.

• Oversee payroll accounting & reconciliation, ensuring accurate processing of salaries, deductions, and accruals.
• Monitor and clear open items in payroll-related Balance Sheet accounts (e.g., salaries payable, payroll taxes, pension contributions).
• Ensure compliance with tax regulations, labor laws, and company policies in payroll accounting.
• Manage BPO providers, ensuring proper oversight of payroll journal postings.
• Partner with HR, Finance, and external payroll providers to resolve payroll-related issues and improve processes.
• Ability to see and propose how to improve Salaries & Wages (S&W) Accounting.
• Driving processes to the higher level for payroll accounting and OSC pro fees process.
• Able to propose & initiate changes in processes.
• Identify gaps and raise it to the management and be able to be part of the change and process fixes by working in a team that will help to build better process.
• Work with the BPO or Payroll team or other functions within the company (STC, PTP, OPS) and oversee the BPO work, or results of what Payroll/ other functions are doing and be able to clearly guide the BPO through the process.

Preferred candidate profile

• 3-5 years of relevant work experience in BPO Shared services.
• Have technical accounting skills of payroll accounting / OSC Pro Fees.
• Prior experience in determining the process issues/ gaps and helping the management to improve the process.
• Strong financial accounting knowledge, including accruals, reconciliations, and payroll accounting.
• Experience with financial systems/ERPs (SAP, Oracle, Workday Payroll, or similar).
• Excellent analytical, problem-solving, and attention-to-detail skills.
• Strong stakeholder management and communication skills.

Preferred Skills:

• Experience in Power BI development for financial reporting.
• Advanced Excel skills (PivotTables, Power Query, VBA).
• Familiarity with automation tools (Alteryx, SQL, RPA).