Job Description
We are seeking a detail-oriented and experienced Tax and Payroll Accountant to manage payroll operations, ensure tax compliance, and support accounting functions within the organization. The role requires strong knowledge of payroll processes, tax regulations, and accounting principles, combined with the ability to maintain confidentiality and accuracy.
Key Responsibilities
Payroll Management
- Process and manage end-to-end payroll on a timely and accurate basis.
- Maintain payroll records, employee deductions, benefits, and leave balances.
- Ensure compliance with wage laws, statutory contributions (e.g., social security, provident fund, etc.), and labor regulations.
- Handle payroll-related queries and resolve discrepancies.
Tax Accounting & Compliance
- Prepare, review, and file accurate tax returns (corporate, payroll, and indirect taxes as applicable).
- Ensure compliance with federal, state, and local tax laws and reporting requirements.
- Reconcile tax balances and resolve any issues with tax authorities.
- Assist in tax audits and liaise with auditors and government agencies.
Accounting & Reporting
- Record payroll and tax-related journal entries in the accounting system.
- Support monthly, quarterly, and annual financial closing processes.
- Prepare payroll and tax-related reports for management.
- Ensure proper documentation and maintain compliance records.
Qualifications & Skills
- Bachelor’s degree in Accounting, Finance, or related field.
- Professional certification (e.g., CPA, CA, CMA, or equivalent) preferred.
- Proven experience in payroll management and tax accounting (X–Y years).
- Strong knowledge of payroll systems and accounting software (e.g., SAP, QuickBooks, ADP).
- In-depth understanding of payroll regulations, tax laws, and compliance requirements.
- High attention to detail, analytical mindset, and problem-solving skills.
- Ability to manage confidential information with integrity.
- Strong communication and interpersonal skills.
Key Competencies
- Accuracy and attention to detail
- Regulatory knowledge
- Deadline management
- Analytical thinking
- Confidentiality and integrity