Financial Analyst

1 week ago

Bengaluru, Karnataka, India Rarevs Consulting Solutions Full time

Role & responsibilities

Job Title: Financial Analyst / Sr. Financial Analyst -Payroll

Location: 3rd Floor, Sandeep Arcade, HSR Layout, Bangalore

Landmark: Above AU Small financial bank

Working Conditions: US shift, Working Hours: IST 4:30PM to IST 1:30AM, 5 days a week Work from Office

Client: OPS, US

Job Summary:

We are seeking a detail-oriented and experienced Financial Analyst / Sr. Financial Analyst to join our Finance team. This role is critical in ensuring the accuracy and timeliness of monthly financial close activities, account reconciliations, and key journal entries. The ideal candidate will have a strong background in accounting, a passion for numbers, and experience handling multiple aspects of the general ledger function including payroll, accounts payable, fixed assets, revenue, and expense management.

Key Responsibilities

Must Have:

  • Payroll Experience 3-5 years (US UKG payroll experience preferred)

Monthly Close & Reconciliations:

  • Perform account analysis and reconciliations for multiple general ledger accounts
  • Reconcile accrued expenses and prepaid expenses monthly
  • Handle contract assets, deferred revenue, and amortizations
  • Process and reconcile revenue recognition and accruals
  • Reconcile credit card, accounts payable (AP), and bank accounts at month-end
  • Reconcile payroll, payroll tax, and benefits clearing accounts
  • Manage fixed asset accounting and depreciation schedules
  • Support PR & benefits clearing accounts and resolve discrepancies

Journal Entries:

  • Prepare and post recurring and ad-hoc journal entries, including:
  • Payroll journal entries, including weekly accruals
  • Benefits journal entries at the start of each month
  • Depreciation, amortization, and revenue deferral entries

Accounts Payable:

  • Manage day-to-day AP processing and ensure timely payments
  • Perform AP reconciliations as part of the month-end close

Sales & Financial Analysis:

  • Conduct monthly sales analysis and provide insights to management
  • Assist in ad hoc financial reporting and variance analysis

Required Qualifications:

  • Bachelors degree/MBA in Accounting, Finance, or related field
  • 0 to 3 or 3+ years of accounting experience with strong month-end close exposure
  • Proficient in Microsoft Excel (vlookups, pivot tables, formulas)
  • Strong attention to detail, accuracy, and organizational skills
  • Ability to prioritize tasks and meet tight deadlines
  • Excellent communication and collaboration skills
  • Solid understanding of GAAP and general ledger principles
  • Experience with ERP/accounting systems (e.g., NetSuite, SAP, Oracle, QuickBooks)

Preferred Qualifications:

  • Experience with payroll systems and payroll journal processes
  • Prior experience in a mid-sized to large organizations finance department
  • Exposure to sales and revenue reporting tools

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