Job Title : Compensation and Benefits Accounting – Associate

Location : MUMBAI

EXP : 5 to 7 Years

Description

POSITION SUMMARY The Compensation and Benefits Accounting Team is a part of the Office of the CFO and Controllership organization. The Associate will be a member of a team of professionals that serve as the organizational center of excellence for compensation, benefits, and equity plan accounting to deliver best in class accounting and support business partners with reporting and analysis. The Associate will be responsible for accounting and reporting for compensation, benefits and equity plans.

KEY RESPONSIBILITIES AND DUTIES

Ensure complete, accurate and timely month-end, quarter-end and year-end close processes for compensation (Various short term and long term award plan) , perks and equity plan accounting.

Prepare and record monthly journal entries and adjusting entries, as needed

Prepare pre-close month over month variance analysis and explanations

Work independently to monitor, maintain, and reconcile complex general ledger accounts; liaise with cross functional team to research and resolve reconciliation exceptions

Participate in special projects and ad hoc reporting

Cross train on various accounting functions within the team

Participate in completing and reviewing internal and external audit requirements

Integrate new unit/award issuance; forfeiture, termination into accounting processes and workpapers, as required

Assist with researching related technical accounting or reporting issues and provide timely,



accurate and well documented guidance to ensure proper accounting treatment

Maintain compliance with GAAP or regulatory accounting and reporting requirements

Monitor and maintain written documentation of policies, procedures, processes, and controls within Compensation and benefit areas

Become thoroughly familiar with assigned general ledger accounts, compensation and benefit programs, business segments and applicable technical accounting areas

Required Skills

B.Com/M.com and MBA Finance

CA/CPA is a preferred

7+ years of experience in an accounting or finance role

Experience in accounting and/or audit procedures

Experience with financial accounting systems

Advanced proficiency in MS Excel

Excellent written and verbal communication skills, proven ability to work as an effective team player and ability to collaborate

Demonstrated strength in analytical and problem solving skills

Ability to manage multiple competing priorities and achieve targeted outcomes A commitment to a culture of excellence and client service A sense of urgency, results orientation and thoughtful execution skills

Highly organized, detail oriented, self-motivated, and positive work ethic

Ability to take direction and work independently

Preferred Skills

Certified Public Accountant (CPA) or CPA eligible

Strong technical knowledge of US GAAP

Knowledge of compensation and benefits accounting

Familiarity with equity plan accounting

Working knowledge of VBA / Macros is a plus and Power BI

Previous experience with PeopleSoft

📌 Compensation and Benefits Accounting – Associate (Mumbai)
🏢 NR Consulting
📍 Mumbai