Senior Finance Associate

Please apply using this link if you are interested: https://www.mckinsey.com/careers/search-jobs/jobs/seniorfinanceassociate-uspayroll-91372

Role & responsibilities

You will be based in our Gurugram / Chennai office as part of our Global Payroll team in coordination with office accounting, firm colleagues and applications support team.

You will liaise with local office for payroll inputs that includes new joiner, terminations, leave of absence LOA, and salary revisions; and you will update the payroll software with the relevant changes for the payroll cycle.

In this role, you will ensure all employee benefits (if any) are taken care of and incorporate any changes with regards to banking information, mailing address, tax details, etc. You will review all applicable statutory deductions, including retirement plans, social security taxes, etc. You will also review the offshore instructions. You will also be supporting payroll transformation - SAP payroll platform implementation for an in-house payroll for US and Canada including working & guiding through configuration, testing, and roll-out.

You will generate relevant reports (pay register, variance report, etc.) prior to payroll release and review internally. You will also coordinate payroll release with the local offices. You will back up payroll after payroll has been released and respond promptly to payroll e-mail queries.

You will file statutory reports and remittance of dues with regards to income tax; FICA FUTA, local and federal taxes, and any other applicable statutory liabilities. You will enter compensation details and conduct accounting of payroll cost. Importantly, you will ensure confidentiality with regard to all compensation details.

Preferred candidate profile

• Bachelors degree in accounting, finance or a related field is preferred
• 4+ years of experience in US payroll experience in other countries or regions will be an added advantage
• SAP payroll system experience required, exposure to lawson payroll will be preferable.
• Strong knowledge of accounting principles
• Strong attention to detail, problem-solving, and analytical skills
• Familiarity with productivity tools such as Microsoft Office Suite
• Excellent verbal and written communication skills
• Payroll transformation experience required including testing experience, ensuring data accuracy and integrity