Accountant US IT Staffing | US Payroll | TDS | AP & AR

Experience: 2 to 7+ Years

Location: Hyderabad

Employment Type: Full-time

Industry: US IT Staffing / IT Recruitment

Openings: 10

Shift: Night Shift 6:30 PM to 3:30 AM IST

Job Summary:

We are looking for Accountants with 2 to 7+ years of relevant accounting experience, preferably with experience in US IT Staffing / US IT Consulting.

As an Executive in the Accounts department, your primary responsibility will be to manage financial transactions, maintain accurate financial records, support financial reporting, handle payroll and accounting activities, and ensure compliance with applicable financial and statutory requirements.

The ideal candidate should have strong knowledge of accounting principles, financial transactions, general accounting, payroll processing, taxation, and India & US statutory compliance.

Roles & Responsibilities:

General Accounting & Financial Transactions:

- Handle day-to-day accounting activities and financial transactions.
- Maintain accurate and up-to-date financial records.
- Apply accounting principles correctly while recording financial transactions.
- Maintain the general ledger and ensure all entries are accurate and timely.
- Reconcile accounts and identify and resolve discrepancies or errors.
- Support monthly, quarterly, and year-end closing activities.

Financial Reporting:

- Prepare and analyze Profit & Loss statements, Balance Sheets, Cash Flow Statements, and other financial reports.
- Generate weekly/monthly MIS and financial reports for management.
- Provide accurate financial information to support management decision-making.
- Assist with financial analysis and reporting requirements.

Accounts Payable:

- Process vendor invoices and ensure accuracy and timely payments.
- Maintain accurate vendor records and payment details.
- Track vendor payments and outstanding amounts.
- Coordinate with internal departments to resolve invoice discrepancies and payment issues.

Accounts Receivable:

- Manage customer/client invoicing and billing.
- Track accounts receivable and outstanding payments.
- Follow up on overdue payments and support timely collections.
- Maintain accurate customer/client account records.
- Track consultant billing, pay rates, bill rates, expenses, and margins.

US IT Staffing Accounting:

- Handle accounting activities related to US IT Staffing and IT Consulting operations.
- Work with consultant, client, and vendor financial transactions.




- Understand and support C2C, W2, and 1099 consultant billing/payroll processes.
- Verify consultant timesheets, billing details, pay rates, and invoices.
- Track consultant payroll, billing, expenses, and margins.
- Coordinate with US-based teams regarding billing, payroll, payments, and accounting matters.

Payroll Processing:

- Collaborate with the HR/Payroll team to process payroll accurately and on time.
- Verify employee and consultant payroll information.
- Ensure proper deductions and tax withholdings are accounted for.
- Maintain accurate payroll records and supporting documents.
- Ensure payroll-related activities are completed within timelines.

Indian Statutory Compliance & Taxation:

- Handle general accounting activities related to Indian statutory compliance.
- Support TDS calculations, deductions, payments, and TDS returns.
- Ensure proper recording and documentation of TDS-related transactions.
- Assist with taxation-related accounting and compliance activities.
- Maintain required statutory records and documents.
- Coordinate with internal teams and external professionals for statutory compliance requirements.

Budgeting & Forecasting:

- Assist in preparing and monitoring the company's budget.
- Support financial forecasting and variance analysis.
- Compare actual financial results against budgets and identify variances.
- Highlight areas of concern and opportunities for cost improvement.

Financial Analysis:

- Analyze revenue, expenses, profitability, and staffing-related financial data.
- Identify trends, opportunities, and areas for cost reduction or revenue improvement.
- Provide relevant financial insights to management.

Compliance & Audit:

- Ensure accounting activities follow applicable accounting principles, financial regulations, and internal controls.
- Maintain proper financial documentation and records.
- Assist with internal and external audits.
- Provide required financial information and supporting documents during audits.

Financial Software & Systems:





- Use accounting software and financial systems to maintain financial data and generate reports.
- Work with tools such as QuickBooks, NetSuite, Zoho Books, Tally, or similar accounting software.
- Use MS Excel for accounting, reconciliation, reporting, and financial analysis.
- Stay updated with relevant software enhancements and accounting best practices.

Communication & Coordination:

- Coordinate with Finance, HR, Payroll, Operations, Recruiting, Bench Sales, and Management teams.
- Communicate with clients, vendors, consultants, and US-based teams regarding financial matters.
- Provide timely financial information and support business decisions.
- Maintain good organizational skills and ensure accounting activities are completed within deadlines.

Required Skills:

- 2 to 7+ years of relevant accounting experience.
- Experience in US IT Staffing / US IT Consulting is preferred.
- Strong knowledge of accounting principles and financial transactions.
- Experience with payroll processing, India & US statutory compliance, taxation, and general accounting.
- Knowledge of TDS calculations, deductions, payments, and returns.
- Good knowledge of MS Excel.
- Experience with AP, AR, invoicing, billing, payments, and reconciliation.
- Knowledge of consultant billing/payroll is an advantage.
- Strong attention to detail and accuracy.
- Good communication and organizational skills.
- Valuable analytical and problem-solving skills.
- Ability to work with US-based teams and in US business hours.

Preferred Candidate Profile: Candidates with experience in the following industries will be preferred:

- US IT Staffing
- US IT Consulting
- IT Staffing & Recruitment
- IT Services
- US Payroll
- Staffing & Consulting

Important: Candidates without prior US IT Staffing / US Staffing accounting experience may not be considered.

Education:

- B.Com / M.Com / MBA Finance or equivalent qualification.

Key Skills: US IT Staffing Accounting | US Staffing | General Accounting | Accounting Principles | AP | AR | US Payroll | Payroll Processing | Consultant Payroll | Billing | Invoicing | C2C | W2 | 1099 | TDS | Taxation | Indian Statutory Compliance | General Ledger | Reconciliation | Financial Reporting | MIS | Budgeting | Forecasting | Financial Analysis | MS Excel | QuickBooks | NetSuite | Zoho Books | Tally

Send your resume, along with a summary of your experience in US IT staffing - Accounts to [email protected]/ [email protected].

📌 Accountant - US IT Staffing (Hyderabad)
🏢 KIVYO
📍 Hyderabad