Accountant - India
pateam
📍 india🕐 16d ago🔗 himalayas
Job Description
Job Title: Finance Accountant (Banking, India & Global Payroll)
### Role Overview
[PAteam](https://himalayas.app/companies/pateam) is a growing multi-geography Robotic Process Automation (RPA), CXone and AI consultancy and services firm looking for a Finance Accountant based in India. This role manages day-to-day corporate banking operations, executes Indian and international payroll, and handles core compliance under Indian financial regulations. You will maintain daily liquidity across multi-currency accounts, process accurate compensation for our tech teams, and oversee statutory compliance filings. As a key member of our global team, you will act as a primary anchor for our international offices, taking direct ownership of multi-geography finance responsibilities across different regional jurisdictions.
### Work Format & Schedule
* Location: 100% Remote (Candidates can be based anywhere in India).
* Working Hours: Requires shift flexibility with late evening hours in India to ensure active overlap and sync with international team members across other geographical time zones.
### Key Responsibilities
Banking, Treasury & Multi-Currency Management
* Manage daily cash balances across Indian (INR) and foreign currency (EEFC) bank accounts.
* Coordinate with banks for inward remittances, FIRC documentation, and cross-border wire transfers.
* Perform regular multi-currency bank reconciliations, accounting for foreign exchange variations.
* Handle banking documentation required by the Reserve Bank of India (RBI) for IT service exports.
### India & International Payroll Operations
* Execute end-to-end monthly payroll processing for India-based employees and global contractors.
* Structure employee compensation baskets, ensuring accurate computing of basic salary, HRA, and allowances.
* Manage international payroll runs through Employer of Record (EOR) platforms or global payroll software.
* Validate monthly invoices, timesheets, and payouts for external software developers.
* Oversee multi-geography statutory workflows, adapting financial practices to meet local regulations across all active corporate regions.
### Statutory Compliance & Taxation
* Calculate, deposit, and file monthly statutory returns including PF, ESIC, and Professional Tax (PT).
* Compute and deposit monthly Tax Deducted at Source (TDS) on salaries (Section 192) and vendor payments.
* Prepare quarterly TDS returns (Form 24Q and Form 26Q) and issue annual Form 16 to employees.
* Ensure strict accounting compliance with Indian Accounting Standards (Ind AS) or standard Indian GAAP.
### Core Accounting & Financial Reporting
* Lead the monthly financial book close, recording payroll accruals, depreciation, and amortizations.
* Monitor milestone-based client billing and manage deferred revenue for IT service contracts.
* Assist corporate tax consultants with annual filing data and Goods and Services Tax (GST) compliance.
* Prepare localized balance sheets, profit & loss reports, and monthly cash flow statements.
### Requirements & Qualifications
* Education: B.Com, M.Com, or Inter-CA / Inter-CMA qualification.
* Experience: 3+ years of corporate accounting experience, preferably within an IT Services or software company.
* Compliance Knowledge: Expert understanding of Indian payroll laws, TDS provisions, PF/ESI schemes, and labor regulations.
* Tech Stack: Hands-on experience with cloud accounting tools (e.g., Zoho Books, Tally Prime, Xero) and payroll systems (e.g., Zoho Payroll, RazorpayX, Keka).
* Skills: Solid foundation in double-entry bookkeeping, multi-currency processing, and advanced Microsoft Excel.
Originally posted on [Himalayas](https://himalayas.app)