Job Description

Sr AccountantVadodara, Gujarat, India Req #1776Friday, April 11, 2025Who We AreMagnit is the future of work. Serving hundreds of the worlds most recognizable brands for the past 30+ years, Magnit offers the industrys first holistic platform for the modern workforce. Magnit's integrated workforce management (IWM) platform supported by data, software, intelligence, and best-in-class services team is key to our clients success. It can adapt quickly to regional or industry economic shifts, and provides the speed, scale, flexibility, transparency, and expertise required to meet an organizations contingent workforce management, talent strategy and broader organization goals. At Magnit, youll work with passionate colleagues who collaborate and deliver meaningful results that positively transform the largest companies around the globe.Job Summary:We are seeking an experienced Senior Staff Accountant to join our Payroll Accounting team. The ideal candidate will be responsible for ensuring accurate payroll accounting in stipulated timelines and in compliance with company policies and regulatory standards. Also, he/she will be responsible for Balance Sheet analysis.Key Responsibilities:

• Ensure payroll transactions are properly recorded and classified in accordance with accounting principles.
• Support month-end and year-end financial close processes related to payroll.
• Perform payroll related balance sheet GL analysis in BlackLine.
• Investigate & justify variances for P&L GLs during month close activities.
• Collaborate with HR and payroll admin teams to ensure timely accounting and resolve any issues.
• Maintain compliance with accounting standards and company policies.

Qualifications & Skills:

• Inter CA/CMA/Master's degree in Accounting.
• 5 to 7 years of experience in accounting, preferrably in payroll accounting.
• Good knowledge of GAAPs and payroll accounting principles.
• Proficiency in ERP systems (Oracle, PeopleSoft, SAP or equivalent) and MS-Excel.
• Analytical mindset with strong problem-solving skills.
• Strong verbal and written communication skills.
• Ability to manage multiple deadlines efficiently.

What Magnit will Offer YouAt Magnit, youll be joining an innovative, high-growth environment and can quickly make an impact to help transform the largest companies in the world. You will work with passionate colleagues who collaborate and deliver. Magnit offers all employees the opportunity for growth and development, and we want individuals to fulfill their potential and blaze their own trails!Magnit will offer you a competitive PTO and benefits package, including medical, dental, and vision coverage, retirement planning, as well as discounts and perks for tickets, travel, merchandise and more! Magnit encourages employees to participate in giving back, and we will match employee contributions to favorite charities and support corporate volunteering hours to make a difference in your community!If this role isnt for youStay in touch, we will let you know when we have new positions on the team.To see a complete list of our open career opportunities please visit.To do our best work we need different viewpoints. Therefore, we celebrate diversity and embrace inclusion.As an equal opportunity employer, we are dedicated to building a team that represents a variety of backgrounds, perspectives, and skills. We strive to ensure that we maintain a positive and enriching work environment for all.
By applying to this role, you consent to Magnit safely storing and managing your personal data. Please read this link to learn more.

Magnit