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Senior Finance Associate - US Payroll
4-6 years
₹ 7.3 - 7.2L/yr (AmbitionBox estimate)
This is an estimate of the average salary range for this
position. It has not been reviewed by the company, and
the actual salary may differ.
Chennai, Gurgaon / Gurugram
1 vacancy
Senior Finance Associate - US Payroll
McKinsey & Company
posted 1d ago
Job Role Insights
Flexible timing
Key skills for the job
Job Description
Do you want to work on complex and pressing challenges the kind that bring together curious, ambitious, and determined leaders who strive to become better every day? If this sounds like you, you ve come to the right place.
Who Youll Work With
You will be based in our Gurugram or Chennai office as part of our Global Payroll team in coordination with office accounting, firm colleagues and applications support team.
Your impact within our firm
You will liaise with local office for payroll inputs that include 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.
Your qualifications and skills
- Bachelor s 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
Employment Type: Full Time, Permanent
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What people at McKinsey & Company are saying
Rating based on 5 Senior Finance Associate
reviews
Anonymous · Finance & Accounting
in Gurgaon / Gurugram
Likes
Company Culture
- Salary - Good+4 more
Dislikes
work life balance
- Work satisfaction - Bad+1 more
Senior Finance Associate salary at McKinsey & Company
reported by
37
employees
with 3-10
years exp.
₹4.5
L/yr - ₹10
L/yr
10%
more
than the average Senior Finance Associate Salary in India
View more details
What McKinsey & Company employees are saying about work life
based on 600 employees
Flexible timing
Monday to Friday
No travel
Day Shift
McKinsey & Company Benefits
Submitted by Company
Perks Physical and mental well-being Flexible working Financial well-being Family care
Submitted by Employees
View more benefits 
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McKinsey & Company Chennai Office Location
Chennai, Tamil Nadu Office
Alamelu Terrace, 5th Floor,
163, Anna Salai,
Chennai 600002
Tamil Nadu, India
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