Accountant - India

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