Job Description

:

Role Title: Manager Controllership, Payroll Accounting (L08)

Company Overview:

COMPANY OVERVIEW: Synchrony (NYSE: SYF) is a premier consumer financial services company delivering one of the industry\xe2\x80\x99s most complete digitally enabled product suites. Our experience, expertise and scale encompass a broad spectrum of industries including digital, health and wellness, retail, telecommunications, home, auto, outdoors, pet and more.

We have recently been ranked #5 among India\xe2\x80\x99s Best Companies to Work for 2023, #21 under LinkedIn Top Companies in India list, and received Top 25 BFSI recognition from Great Place To Work India. We have been ranked Top 5 among India\xe2\x80\x99s Best Workplaces in Diversity, Equity, and Inclusion, and Top 10 among India\xe2\x80\x99s Best Workplaces for Women in 2022.

We offer 100% Work from Home flexibility for all our Functional employees and provide some of the best-in-class Employee Benefits and Programs catering to work-life balance and overall well-being. In addition to this, we also have Regional Engagement Hubs across India and a co-working space in Bangalore.

Organizational Overview:

Payroll Accounting team will be responsible for accounting, analysis & reconciliation of Payroll General ledgers. This includes daily balancing of ledger transactions, suspense clearing, variance analysis, posting of Journal entries, reporting & month end close activities.

Role Summary/Purpose:

This role is responsible for numerous payroll related accounting activities. The candidate will use analytical skills and general accounting knowledge to apply to various areas related to payroll reconciliation, benefits, tax liabilities, prepaids and benefit related accruals. The responsibilities will also include daily balancing; and daily, weekly, monthly, and quarterly reconciliations. The role will also be involved in completing various accounting related tasks including various payroll month end close activities, recording manual journal entries (MJE) and quarterly deliverables.

Essential Responsibilities:

Prepare assigned daily and month-end account reconciliations.

Research and clear all payroll related suspense.

Clearing of rec items discovered during reconciliation process.

Prepare daily, month and quarter-end journals.

Perform weekly/biweekly payroll funding validation, matching and reconciliations.

Perform special projects and other duties as assigned.

In addition, for the above areas, identify process improvements and simplification opportunities in Payroll processes. Once process improvements are identified , drive the execution of those projects and work with others to drive to completion.

Qualifications/Requirements:

Bachelor\xe2\x80\x99s or master\xe2\x80\x99s degree in Accounting or Finance with 0-2 years experience in accounting or in lieu of a degree with 2- 4 years of accounting experience

Desired Characteristics:

Oracle GL experience.

2+ years of Payroll & Accounting knowledge.

Personal computer proficiency \xe2\x80\x93 Microsoft Office product suite.

Excellent analytical and problem-solving skills.

Strong interpersonal and communication skills.

Controllership experience in a large organization or public accounting.

Experience in financial services industry.

Demonstrated team player with collaborative, facilitation and influencing skills.

Experience working in a fast-paced, changing environment.

Ability to manage multiple & varied priorities.

Eligibility Criteria:

Bachelor\xe2\x80\x99s or master\xe2\x80\x99s degree in Accounting or Finance with 0-2 years experience in accounting or in lieu of a degree with 2- 4 years of accounting experience

Work Timings:

This role qualifies for Enhanced Flexibility and Choice offered in Synchrony India and will require the incumbent to be available between 06:00 AM Eastern Time \xe2\x80\x93 11:30 AM Eastern Time (timings are anchored to US Eastern hours and will adjust twice a year locally). This window is for meetings with India and US teams. The remaining hours will be flexible for the employee to choose. Exceptions may apply periodically due to business needs. Please discuss this with the hiring manager for more details

For Internal Applicants:

Understand the criteria or mandatory skills required for the role, before applying

Inform your manager and HRM before applying for any role on Workday

Ensure that your professional profile is updated (fields such as education, prior experience, other skills) and it is mandatory to upload your updated resume (Word or PDF format)

Must not be any corrective action plan (First Formal/Final Formal, PIP)

L5 to L7 Employees who have completed 12 months in the organization and 12 months in current role and level are only eligible.

L8 Employees who have completed 18 months in the organization and 12 months in current role and level are only eligible.

L05+ Employees can apply.

Grade/Level: 08

Job Family Group: Finance

Synchrony