Finance Associate - Chennai, India - McKinsey & Company
Description
Who You'll Work With:
- You will be based in our Chennai (India) office as part of our Global Payroll team, which is part of our Global Finance & Accounts service line.
- This group processes payroll of the firm members.
What You'll Do:
- You will liaison with local office for payroll inputs new joiner / terminations / LOA / salary revisions and update the payroll software with the relevant changes for the payroll cycle.
- 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 retirement plans, social security taxes etc. and any review of offshore instructions.
- 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 as well as enter compensation details accounting of payroll cost. You will ensure confidentiality with regards to compensation details.
Qualifications:
- Bachelor's degree in accounting, finance or related fields preferred
- 2+ years of experience in payroll for India geography
- Strong knowledge of accounting principles
- Strong familiarity with productivity tools such as Microsoft Office Suite
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