Senior Finance Process Lead - US Payroll

McKinsey & Company

McKinsey & Company

Accounting & Finance

Chennai, Tamil Nadu, India · Gurugram, Haryana, India

Posted 6+ months ago
Finance

Senior Finance Process Lead - US Payroll

Job ID: 96752
  • Chennai
  • Gurugram


Do you want to work on complex and pressing challenges—the kind that bring together curious, ambitious, and determined leaders who strive to become better every day? If this sounds like you, you’ve come to the right place.

Your Impact

McKinsey Global Payroll team is looking for a strong team contributor to support all aspects of our multi-entity, multi-state US payroll activity, as well as support our international mobility related processing cycles. You will work in our Finance Global Operations Center in Chennai or Gurugram and will be a part of the global payroll team.
Reporting to the US Payroll Manager, you will be responsible for supporting full cycle payroll processing for US based colleagues and others impacted by the US payroll processes.
You will be responsible for ensuring the accurate, timely and compliant operation of payroll runs. You will process termination payments and adjustment as needed, ensure compliance with Federal, State and local tax regulations, as well as company policies. You will collaborate with HR, Finance, and other departments to ensure seamless integration of payroll, benefits, and accounting processes.
You will be responsible for payroll inputs that include new joiners, terminations, leave of absence, and salary revisions. You will update the payroll system with the relevant changes for the payroll cycle. You will be responsible for reviewing and approving payroll reports as well as reconciliations and audits. You will also generate and analyze payroll reports for management and finance teams. In this role, you will ensure all employee benefit deductions are taken and incorporate any changes with regards to banking information, mailing address, tax details and changes. You will review all applicable statutory deductions, including retirement plans and social security taxes. You will also review the offshore instructions and tax gross ups. You will generate relevant reports such as pay register and variance reports prior to payroll release and review internally.
You will address employee questions and concerns regarding payroll, deductions and taxes. You will also communicate payroll policies, procedures and deadline to employees and managers and handle sensitive payroll issues with discretion and professionalism. You will also work closely with internal tax team and tax advisors. You will partner with functional leadership to identify issues, gather necessary information, use the right information for solving problems, and come up with practical solutions. You will collaborate with other department to support organization goals. You will ensure policy changes, business process documentations, and Standard Operating Procedures (SOPs) are updated regularly. You will work with other leads in the team in identifying the non-value-added activities in the process and help in creating efficiency.

Your Growth

Driving lasting impact and building long-term capabilities with our clients is not easy work. You are the kind of person who thrives in a high performance/high reward culture - doing hard things, picking yourself up when you stumble, and having the resilience to try another way forward.
In return for your drive, determination, and curiosity, we'll provide the resources, mentorship, and opportunities you need to become a stronger leader faster than you ever thought possible. Your colleagues—at all levels—will invest deeply in your development, just as much as they invest in delivering exceptional results for clients. Every day, you’ll receive apprenticeship, coaching, and exposure that will accelerate your growth in ways you won’t find anywhere else.
When you join us, you will have:
  • Continuous learning: Our learning and apprenticeship culture, backed by structured programs, is all about helping you grow while creating an environment where feedback is clear, actionable, and focused on your development. The real magic happens when you take the input from others to heart and embrace the fast-paced learning experience, owning your journey.
  • A voice that matters: From day one, we value your ideas and contributions. You’ll make a tangible impact by offering innovative ideas and practical solutions. We not only encourage diverse perspectives, but they are critical in driving us toward the best possible outcomes.
  • Global community: With colleagues across 65+ countries and over 100 different nationalities, our firm’s diversity fuels creativity and helps us come up with the best solutions for our clients. Plus, you’ll have the opportunity to learn from exceptional colleagues with diverse backgrounds and experiences.
  • World-class benefits: On top of a competitive salary (based on your location, experience, and skills), we provide a comprehensive benefits package, which includes medical, dental, mental health, and vision coverage for you, your spouse/partner, and children.

Your qualifications and skills

  • Bachelor's degree in accounting, finance or related fields preferred
  • 8+ years of work experience within a multinational shared services environment
  • Strong knowledge on payroll processing, payroll laws, tax regulations and compliance requirements and payroll systems
  • Experience in global payroll function including reconciliations and other accounting activities
  • Exposure to other areas like accounting, payables, payments and expense will be an advantage
  • Exposure to SAP ERP is required
  • Ability to work independently and effectively in a fast-paced environment with tight deadlines
  • Ability to prioritize and deliver
  • Analytical and problem-solving abilities
  • Strong attention to detail and organizational skills
  • Excellent communication and interpersonal skills


Please review the additional requirements regarding essential job functions of McKinsey colleagues.
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FOR U.S. APPLICANTS: McKinsey & Company is an Equal Opportunity 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 - GSPL - Senior Finance Process Lead
Function -
Industry -
Post to LinkedIn - Yes
Posted to LinkedIn Date - Thu Apr 17 00:00:00 GMT 2025
LinkedIn Posting City - Chennai
LinkedIn Posting State/Province -
LinkedIn Posting Country - India
LinkedIn Job Title - Senior Finance Process Lead - US Payroll
LinkedIn Function - Accounting / Auditing
LinkedIn Industry - Accounting
LinkedIn Seniority Level - Mid-Senior level