Senior Finance Associate - US Payroll
McKinsey & Company
Accounting & Finance
Chennai, Tamil Nadu, India · Gurugram, Haryana, India
Posted on Oct 3, 2024
Senior Finance Associate - US Payroll
Job ID: 91372
Do you want to do work that matters, alongside supportive leaders who will help you grow faster than you ever thought possible? Are you a creative problem-solver who is energized by challenges? You’ve come to the right place.
Who You'll Work With
You will be based in our Gurugram or Chennai office as part of our Global Payroll team in coordination with office accounting, firm colleagues and applications support team.
Your impact within our firm
You will liaise with local office for payroll inputs that include new joiner, terminations, leave of absence LOA, and salary revisions; and you will update the payroll software with the relevant changes for the payroll cycle.
In this role, you will ensure all employee benefits (if any) are taken care of and incorporate any changes with regards to banking information, mailing address, tax details, etc. You will review all applicable statutory deductions, including retirement plans, social security taxes, etc. You will also review the offshore instructions. You will also be supporting payroll transformation - SAP payroll platform implementation for an in-house payroll for US and Canada including working & guiding through configuration, testing, and roll-out.
You will generate relevant reports (pay register, variance report, etc.) prior to payroll release and review internally. You will also coordinate payroll release with the local offices. You will back up payroll after payroll has been released and respond promptly to payroll e-mail queries.
You will file statutory reports and remittance of dues with regards to income tax; FICA FUTA, local and federal taxes, and any other applicable statutory liabilities. You will enter compensation details and conduct accounting of payroll cost. Importantly, you will ensure confidentiality with regard to all compensation details.
Your qualifications and skills
- Bachelor’s degree in accounting, finance or a related field is preferred
- 4+ years of experience in US payroll – experience in other countries or regions will be an added advantage
- SAP payroll system experience required, exposure to Lawson payroll will be preferable
- Strong knowledge of accounting principles
- Strong attention to detail, problem-solving, and analytical skills
- Familiarity with productivity tools such as Microsoft Office Suite
- Excellent verbal and written communication skills
- Payroll transformation experience required – including testing experience, ensuring data accuracy and integrity
Please review the additional requirements regarding essential job functions of McKinsey colleagues.
FOR U.S. APPLICANTS: McKinsey & Company is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by applicable law.
FOR NON-U.S. APPLICANTS: McKinsey & Company is an Equal Opportunity employer. For additional details regarding our global EEO policy and diversity initiatives, please visit our McKinsey Careers and Diversity & Inclusion sites.
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Job Skill Group - N/A
Job Skill Code - GSFA - Senior Finance Associate
Function -
Industry -
Post to LinkedIn - Yes
Posted to LinkedIn Date - Fri Sep 13 00:00:00 GMT 2024
LinkedIn Posting City - Gurgaon
LinkedIn Posting State/Province -
LinkedIn Posting Country - India
LinkedIn Job Title - Senior Finance Associate - US Payroll
LinkedIn Function - Accounting / Auditing;Finance
LinkedIn Industry - Accounting;Financial Services
LinkedIn Seniority Level - Associate
Job Skill Code - GSFA - Senior Finance Associate
Function -
Industry -
Post to LinkedIn - Yes
Posted to LinkedIn Date - Fri Sep 13 00:00:00 GMT 2024
LinkedIn Posting City - Gurgaon
LinkedIn Posting State/Province -
LinkedIn Posting Country - India
LinkedIn Job Title - Senior Finance Associate - US Payroll
LinkedIn Function - Accounting / Auditing;Finance
LinkedIn Industry - Accounting;Financial Services
LinkedIn Seniority Level - Associate