About the role
Job Title: Finance Accountant (Banking, India & Global Payroll)
Role Overview
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