23 Oct
|
Bio-Rad Laboratories
|
Gurugram
23 Oct
Bio-Rad Laboratories
Gurugram
This role is responsible for the timely and accurate execution of general ledger accounting activities for Canada-based entities (CO_1000, CO_1020) within the scope of the India Finance Shared Services Center (FSSC), including payroll-related journal entries, balance sheet reconciliations, and statutory tax filings support, in accordance with US Generally Accepted Accounting Principles. This role is also responsible for administering user access, workflows, and audit documentation on the BlackLine reconciliation platform
Prepares and posts the recurring Canada Bi-Weekly Payroll journal entry (CO_1020) from the auto-load interface, verifying successful posting and manually correcting any rejected entries
Prepares and posts the Canada Payroll & APC Accrual, APC Charge/Expense, PTO Liability, and RRSP Clearing journal entries based on inputs provided by the payroll team
Prepares and posts the Canada RSU Reclass journal entry (CO_1000) to reclass or write off RSU accrual to the appropriate expense account
Prepares and posts the Canada Cash Clearing and Payroll Reclass journal entries for CO_1020
Prepares and posts the Canada DPSP True-Up, DPSP Clearing, Workers' Compensation True-Up, and Medical Burden True-Up journal entries
Prepares and posts the CRA and Quebec Tax Assessment entry, reclassifying sales tax receivables to prepaid expense
Performs quarterly balance sheet reconciliations for 13 payroll-related general ledger accounts under CO_1020, including Prepaid Payroll, Salaries and Wages, Workers Compensation, Social Security, Profit Sharing, PTO, Payroll Tax Payable (Federal and State), Fringe Benefits, Medical/Dental/Vision Benefits, and 401(k) Payable
Assigns and reassigns reconciliation accounts to the appropriate users and configures journal workflows in BlackLine
Prepares ITGC 5 and ITGC 7A audit documentation and obtains approvals from the designated approvers
Provides sample documentation to support ITGC 4A, ITGC 4B, and mitigation ticket audits
Prepares the monthly SAP vs. BlackLine reconciliation to identify and resolve differences between the two systems, and sends reminders to team members for pending reconciliations and outstanding tasks
Prepares and posts the Canada Employer Health Tax Expense and Employer Health Tax Accrual journal entries in line with annual statutory requirements
Chartered Accountant or CPA or CMA
- 4-6 years of relevant experience in payroll accounting, general ledger accounting, or reconciliations, or an equivalent combination of education and experience
- Finance Shared Services experience in a large multinational company with a high-volume, performance-driven environment preferred
- Large ERP system experience — SAP preferred
- Experience with BlackLine required
- Prior exposure to Canadian payroll and statutory tax filings is an advantage
- Determines the appropriate resolution of routine journal entry and reconciliation discrepancies within established policies and procedures
- Escalates significant reconciliation, control, or audit-related matters to the Immediate Supervisor for review and decision
- Recommends process improvements to journal entry, reconciliation, and BlackLine administration workflows
- Strong working knowledge of the BlackLine reconciliation platform, including system administration, user access provisioning, and workflow configuration
- Solid understanding of US GAAP and general ledger accounting, including payroll accruals, reconciliations, and month-end close processes
- Working exposure to Canadian payroll, tax, and statutory reporting requirements, including CRA, Quebec sales tax, and Employer Health Tax
- Strong working knowledge of SAP or an equivalent ERP system for journal entry preparation and posting
- Fluent (both orally and in writing) in English
Who We Are: For 70 years, Bio-Rad has focused on advancing the discovery process and transforming the fields of science and healthcare. As one of the top five life science companies, we are a global leader in developing, manufacturing, and marketing a broad range of high-quality research and clinical diagnostic products. We help people everywhere live longer, healthier lives. Recently voted a Best Place to Work, Bio-Rad offers a unique employee experience with cooperative teams that span the globe. Benefits: Bio-Rad's biggest asset is its people, and the reason why our Total Rewards deliver programs that provide value, quality, and inclusivity while satisfying the diverse needs of our evolving workforce. We're proud to offer a variety of options, including competitive insurance plans for you and your immediate family, Annual Health checkup , Marriage Leave, Paternity Leave ,Employee Assistance Programme , extensive learning and development opportunities, and more.
Veterans, people with disabilities, and people of all races, ethnicities, genders, ages, and orientations are encouraged to apply.
Legal Entity: (IND_3006)Bio-Rad Laboratories (India) Pvt Ltd
📌 Financial Accountant - to Start Asap (Gurugram)
🏢 Bio-Rad Laboratories
📍 Gurugram