Responsibilities

Role Overview
We are seeking a detail-oriented and proactive qualified to join the ESOP team as a Senior Analyst - Accounting. In this role, the individual will manage end-to-end ESOP distribution and diversification cycles, including eligibility validation, participant election processing, funding coordination, and payout execution. The role requires strong operational discipline, analytical capability, and stakeholder collaboration to ensure accurate, timely, and compliant delivery aligned with plan documents, regulatory requirements, and service-level agreements (SLAs).
Experience Range - 3 - 8 years only
Shift - 5.30 PM - 2.30 AM/6.30 PM - 3.30 AM
Key Responsibilities
Prepare and validate eligibility calculations for ESOP distributions and diversification in line with plan policies.
Manage election windows, including timely setup, coordination, and stakeholder communication.
Analyze eligibility inputs, including participant data, rehire status, and plan-specific criteria.
Prepare trustee reports covering gross, taxable, withholding, and NUA amounts,



with minimal supervision and strong process knowledge.
Prepare distribution notices and support participant election processing through online platforms and call center channels.
Execute participant data updates, transaction postings, and balance validations with accuracy and timeliness.
Monitor election and participant-level reports, identify discrepancies, and maintain data integrity.
Perform cash and share reconciliations for ESOP activities, including distributions, diversification, and payouts.
Prepare and maintain error logs and supporting reports for audit and compliance purposes.
Support withholding activities and regulatory reporting requirements.
Coordinate wire instructions and funding activities with plan sponsors and trustees.
Ensure adherence to timelines for fund receipt, allocation, and payment readiness.
Support payment and wire processing, including checks, ACH, reissues, and st

📌 Senior Analyst (Pune)
🏢 Principal Global Services
📍 Pune