08 Oct
|
BNY Mellon
|
Pune
In this role, you’ll make an impact in the following ways:
The Senior Specialist, Payroll Accounting is a hands-on role responsible for executing payroll accounting activities across assigned entities. This role prepares journal entries, performs account reconciliations, researches and resolves discrepancies, and completes payroll-related close deliverables accurately and on time. Working closely with Payroll Delivery, Employment Tax, Finance, and other stakeholders, the Senior Specialist applies established controls and procedures in day-to-day work to support compliance, accurate financial reporting, and process efficiency.
Payroll Accounting and Close Execution
• Prepare and post payroll-related journal entries, accruals, reclasses, reversals, and adjustments, with complete supporting documentation.
• Perform day-to-day payroll accounting activities for assigned entities, recording payroll transactions accurately in the general ledger.
• Complete assigned payroll accounting deliverables in line with monthly, quarterly, and annual financial close deadlines.
• Work directly with Payroll Delivery and related teams to resolve discrepancies and transparent reconciling items promptly.
• Research reconciling items, out-of-balance conditions, and aged balances, determine root causes, and process the corrections needed to clear them.
• Gather and provide documentation in response to internal and external audit requests.
General Ledger Reconciliations and Controls
• Prepare and complete reconciliations for payroll and HR-related balance sheet accounts, including payroll clearing, employment tax liabilities, employee benefit accruals, and benefit-related clearing accounts.
• Complete reconciliations on time with appropriate supporting documentation and clear variance explanations, in line with established financial control standards.
• Review account activity on a recurring basis, flag potential control gaps, and suggest practical process fixes.
• Perform new control steps and c
📌 Senior Specialist, Payroll (Pune)
🏢 BNY Mellon
📍 Pune