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Senior Associate Global Payroll Accounting
Senior Associate Global Payroll AccountingTIAA • Mumbai, Maharashtra, India
Senior Associate Global Payroll Accounting

Senior Associate Global Payroll Accounting

TIAA • Mumbai, Maharashtra, India
29 days ago
Job description

Lead Finance Controller

The Financial Control job manages others within financial controls for the organization providing expertise to guide accounting budgeting and financial reporting processes. This job manages experienced professionals who exercise latitude and independence in assignments. This role sets policy and strategy implementation for the Financial Control function in alignment with organization objectives for short-term results (1 year or less).

Key Responsibilities and Duties

  • Regulates accounting policies programs and systems to control the organizations financial assets and to provide complete and accurate financial information and records.
  • Oversees experienced professionals reports and findings to ensure business processes are adequately documented.
  • Handles strategic direction for the development and maintenance of planning and budgeting systems.
  • Evaluates the implementation of corporate financial processes and systems and maximizes the quality of financial reporting and analysis.
  • Assigns the analysis and interpretation of financial data and the preparation of financial and management reports interprets financial data to determine and recommend changes to improve financial performance.
  • Connects with executive leadership concerning financial control matters of significance to the organization presenting findings and specific recommendations and / or trends requiring attention.
  • Manages directs assesses performance and coordinates with direct reports to ensure and facilitate execution of the businesss stated financial control strategies and objectives and to foster team member engagement motivation and development.

Educational Requirements

  • University (Degree) Preferred
  • Work Experience

  • 5 Years Required; 7 Years Preferred
  • Physical Requirements

  • Physical Requirements : Sedentary Work
  • Career Level

    8PL

    Main Duties and Responsibilities

    Financial control

  • Ensure financial control is applied for all staff related expense lines and the staff related balance sheet accounts.
  • Perform all payroll postings for the international offices and drive the relationship between Group Finance and the Human Resources team;
  • Understand maintain and operate the accounting for all variable compensation scheme calculations and accruals ensuring all schemes are accounted for correctly;
  • Understand and implement complex deferred compensation plans and maintain accounting papers for these schemes;
  • Implement and calculate various non-standard incentive plans;
  • Maintaining the integrity of data within the general ledger completing various monthly reconciliations;
  • Perform all postings and reconciliations in relation to Directors fees and Flexible benefits;
  • Provide accounting advice to the Human Resources / Payroll teams;
  • Perform a Business partner role between Group Finance and the Human Resources / Payroll teams;
  • Represent Group Finance for any Human Resource driven projects.
  • Reporting

  • Support the month end close and provide detailed analysis on variances working to tight deadlines built into the monthly work cycle;
  • Present the monthly staff compensation results to senior management;
  • Prepare and present cost centre reports for the Human Resource department ensuring they are monitoring controllable costs.
  • Statutory reporting

  • Lead the external audit process by managing the year-end audit processes for all payroll related queries;
  • Provide workings for staff related expense notes within the Financial Statements.
  • Transformation

  • Support for the Global payroll project through to its completion
  • Support Global ERP Transformation project
  • Technical Skills Required & Desirable Experience

  • Qualified accountant (ACA ACCA CIMA or equivalent) with 6-10 years post-qualification practical experience;
  • Practical experience gained within asset management preferred but not essential;
  • Proficient user of Microsoft Office with strong Excel skills;
  • Familiarity with CODA Financials and HFM / Hyperion would be advantageous;
  • Real Estate experience is advantageous but not essential.
  • Competencies Required

  • Strong communication and analytical skills;
  • Proactive enthusiastic and self-motivated;
  • Ability to working to tight timelines and in high pressured environments;
  • Ability to work independently as well as a team;
  • Act in line with Nuveens Core Values.

    Related Skills

    Accountability Accounting Standards Business Acumen Business Process Improvement Compliance Consultative Communication Cost Accounting Financial Acumen Financial Analysis Financial Risk Management Market / Industry Dynamics Relationship Management Risk Analysis / Analytics Strategic Thinking Transaction Processing

    Company Overview

    TIAA Global Capabilities was established in 2016 with a mission to tap into a vast pool of talent reduce risk by insourcing key platforms and processes as well as contribute to innovation with a focus on enhancing our technology stack. TIAA Global Capabilities is focused on building a scalable and sustainable organization with a focus on technology operations and expanding into the shared services business space.

    Working closely with our U.S. colleagues and other partners our goal is to reduce risk improve the efficiency of our technology and processes and develop innovative ideas to increase throughput and productivity.

    We are an Equal Opportunity Employer. TIAA does not discriminate against any candidate or employee on the basis of age race color national origin sex religion veteran status disability sexual orientation gender identity or any other legally protected status.

    Our Culture of Impact

    At TIAA were on a mission to build on our 100 year legacy of delivering for our clients while evolving to meet tomorrows challenges. We equip our associates with future-focused skills and AI tools that enable us to advance our mission. Together we are fighting to ensure a more secure financial future for all and for generations to come. We are guided by our values : Champion Our People Be Client Obsessed Lead with Integrity Own It and Win As One. They influence every decision we make and how we work together to serve our clients every day. We thrive in a collaborative in-office environment where teams work across organizational boundaries with shared purpose accelerating innovation and delivering meaningful results. Our workplace brings together TIAA and Nuveens entrepreneurial spirit where we work hard and work together to create lasting impact. Here every associate can grow through meaningful learning experiences and development pathwaysbecause when our people succeed our impact on clients lives grows stronger.

    Accessibility Support

    TIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers including individuals with disabilities.

    If you are a U.S. applicant and desire a reasonable accommodation to complete a job application please use one of the below options to contact our accessibility support team :

    Phone :

    Email :

    Privacy Notices

    For Applicants of TIAA Nuveen and Affiliates residing in US (other than California) click here .

    For Applicants of TIAA Nuveen and Affiliates residing in California please click here .

    ForApplicants of TIAA Global Capabilities click here .

    For Applicants of Nuveen residing in Europe and APAC please click here .

    Required Experience :

    Senior IC

    Key Skills

    Account Payable,Invoicing,Journal Entry,Data Entry,Accounting & Finance,Tax Returns,QuickBooks,General Ledger Accounting,Microsoft Excel,Reporting,Payroll,Financial statement,Account Receivable,ACCA,CPA

    Employment Type : Full-Time

    Experience : years

    Vacancy : 1

    Monthly Salary Salary : 842 - 2755

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    Associate Accounting • Mumbai, Maharashtra, India

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