Senior Finance Associate

Work Location: Bangalore

About the Opportunity

We are seeking a highly skilled and experienced Senior Finance Associate specializing in US Accounting as well as Payroll to join our dynamic finance team. The ideal candidate should have a strong background in US Generally Accepted Accounting Principles (GAAP), payroll regulations, tax laws, and compliance requirements. The Senior Payroll Associate will be responsible for overseeing all aspects of US accounting operations, payroll processing, ensuring accuracy, timeliness, and compliance with relevant laws and company policies and possess excellent analytical, organizational, and communication skills of and ensuring compliance with relevant regulations.

Primary Roles & Responsibilities

1. Financial Reporting: Prepare and analyse financial statements in accordance with US GAAP.  Generate accurate and timely monthly, quarterly, and annual financial reports.
2. General Ledger Management: Maintain and reconcile the general ledger, ensuring accuracy and completeness. Conduct periodic reviews and audits to identify and resolve discrepancies.
3. Payroll Processing: Manage end-to-end payroll processing for employees, ensuring accurate and timely distribution of payments. Verify and process time and attendance records, including overtime, bonuses, and commissions.
4. Compliance: Stay abreast of federal and state payroll tax regulations and ensure compliance with all relevant laws. Prepare and submit payroll tax filings and reports on a timely basis. Stay updated on changes in US accounting standards and ensure the company’s compliance. Work closely with internal and external auditors during financial audits.
5. Recordkeeping: Maintain accurate and up-to-date payroll records, including employee information, deductions, and taxes. Prepare and distribute payroll reports to relevant stakeholders.
6. Taxation: Assist in the preparation of federal and state income tax returns. Ensure compliance with all tax regulations and deadlines.
7. Budgeting and Forecasting: Collaborate with other departments to develop and monitor annual budgets. Provide financial insights for forecasting and decision-making processes.
8. Process Improvement: Identify opportunities for process improvement and efficiency in financial and payroll operations. Implement best practices to enhance the accuracy and timeliness of financial reporting and payroll processing.
9. Cross-functional Collaboration: Collaborate with HR Team to ensure seamless integration of payroll and HR processes. Address employee inquiries and provide support in a timely and professional manner.
10. Benefits Administration: Coordinate and administer employee benefits, including health insurance, retirement plans, and other perks. Address employee inquiries related to payroll and benefits.
11. Audits and Reporting: Collaborate with internal and external auditors during payroll audits. Generate and analyze payroll reports to identify discrepancies and ensure accuracy.
12. Team Leadership: Provide guidance and mentorship to junior finance team members. Foster a positive and collaborative work environment.

 Qualifications:

• Bachelor’s degree in Accounting, Finance, or a related field; Certified Payroll Professional (CPP), CPA certification preferred.
• 2+ years of experience in payroll processing with a focus on US accounting.
• Proficiency in payroll software (e.g., Paychex, ADP) and Microsoft Excel.
• Strong knowledge of federal and state payroll tax regulations., US GAAP, financial reporting, and taxation
• Proficiency in accounting software (e.g., QuickBooks, SAP, etc.) and Microsoft Excel. · Excellent analytical and problem-solving skills.
• Strong attention to detail and ability to meet deadlines.
• Effective communication and interpersonal skills.
• Strong attention to detail and accuracy in data entry.
• Ability to handle sensitive information with confidentiality.

If you are a motivated and detail-oriented finance and payroll professional looking to contribute to a dynamic team, we encourage you to apply for this exciting opportunity. Please submit your resume and cover letter detailing your relevant experience.

Kasmo Overview

Kasmo is a boutique IT consulting firm with a focus on Salesforce, Data, Analytics & AI and Contingent Workforce Solutions. Our comprehensive services encompass advisory, implementation, and managed services. We are headquartered in Texas, USA, with a global reach across four countries, including the USA, India, UK, and Canada. We work with Fortune 500 customers and are committed to solving complex technology challenges for them. Kasmo has been growing rapidly, with a year-over-year growth rate of more than 50%. Our success can be attributed to our culture of learning, design, and excellence, which fosters an environment of innovation and collaboration. As a team of over 250 members, we are constantly striving to scale our operations and expand our reach. Our goal is to become the go-to niche technology consulting provider within the next five years, with a plan to scale up to 1000 members within the same timeframe. At Kasmo, we are driven by our passion for technology and our commitment to delivering world-class solutions to our clients. Our focus on learning and development ensures that we stay on top of emerging trends and technologies, allowing us to provide our clients with cutting-edge solutions that are ahead of the curve. We take pride in our work and are dedicated to delivering the highest level of quality and excellence to our clients. Our team is composed of alumni who have previously worked at Salesforce, Adobe, Oracle, Cognizant, TCS, and EY, giving us unique insights into the technological needs of large-scale enterprises. Additionally, we have partnered with emerging technology cloud leaders such as Microsoft Azure, Amazon Web Services (AWS), Salesforce, MuleSoft, Oracle, Tableau, and Snowflake, enabling us to provide our clients with innovative solutions tailored to their specific needs.