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Private Jobs / Private Sector
McKinsey & Company Hiring for Finance Associate – Payroll at Chennai Full Time
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Who You’ll Work With
You will be based in our Chennai 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 and incorporate any changes with regard – 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 generate relevant reports – Pay Register, Variance Report, etc. prior to Payroll release and review internally. You will also coordinate payroll release with Local Office. Back up payroll after payroll has been released. Respond promptly to payroll e-mail queries.
You will file Statutory Reports and Remittance of Dues with regard to – Income Tax; FICA FUTA, Local and Federal taxes and any other applicable statutory liabilities. Enter compensation detail – Accounting of Payroll Cost. You will ensure confidentiality with regard 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