Arcesium | Analyst - India Payroll, Finance

What you'll do

• We're looking for a detail-oriented Payroll Associate to join our Payroll team.
• In this role, you'll support the end-to-end monthly payroll cycle and help the organization stay current on its statutory and regulatory obligations across the jurisdictions it operates in.
• The candidate must have deep knowledge and understanding of end-to-end compensation, Payroll, Finance and IT processes in ADP and Oracle/Tally and experience of working with these products in a global organization.
• Validate payroll data for accuracy and completeness and flag discrepancies before each payroll run.
• Reconcile payroll registers against the general ledger and investigate variances.
• Maintain payroll trackers and keep employee master data current in the HRIS/payroll system.
• Ensure timely and accurate FFS for exit employees.
• Timely computation and remittance of statutory dues, including Provident Fund (PF), Professional Tax (PT), Tax Deducted at Source (TDS), etc.
• Preparing and filing periodic statutory returns (e.g., PF ECR, PT returns, TDS/Form 24Q) within prescribed deadlines.
• Monitor changes in payroll-related labour law, tax and social-security regulations and escalate impact to the team.
• Work on the actuarial valuations and coordinate for accounting and decision-making.
• Ensure compliances towards Gratuity Trust, accounting, auditing, taxation.
• Prepare documentation for statutory audits, inspections and internal compliance reviews.
• Maintain accurate, audit-ready records of payroll transactions, statutory filings and compliance certificates.
• Support internal and external auditors with payroll data, reconciliations and compliance evidence during audits.
• Reconciliations of payroll GLs on a regular basis.
• Liaise with HR, Finance and external consultants (statutory auditors, PF/ESI consultants) as needed.
• Work and coordinate with Finance on payroll-related accounting entries and cost allocations.
• Review and send out the offer letters prepared by the payroll vendor in agreed timelines.
• Providing MIS reports to concerned teams on pre agreed dates.
• Process monthly payroll inputs, including attendance, leave, overtime, reimbursements and new joiner and exit data.
• Help prepare SOPs, checklists and process documentation for payroll compliance activities.
• Respond to employee queries on pay slips, deductions, tax declarations, statutory benefits, etc.

Requirements

• Should have excellent interpersonal, oral, and written communication skills with a proven ability to build solid relationships with global, regional, and local stakeholders.
• Knowledge of India Tax and Regulatory Compliance.
• Strong team player and at the same time takes ownership to drive strategic objectives.
• Experience in engaging senior internal and external stakeholders including auditors, statutory and regulatory compliance authorities.

Arcesium

Arcesium started in 2015 as an independent company, building on a platform that the D. E. Shaw group had developed and tested in-house, with D. E. Shaw and Blackstone Alternative Asset Management as its first backers. The New York-based firm provides software and related services for investment data and operations to hedge funds, private markets managers, institutional asset managers, banks and asset servicers. Its main platforms are Opterra, which runs front-to-back operations such as reconciliations, accounting and regulatory reporting; Aquata, for data; and Limina, for investment management. Its India company, Arcesium India Private Limited, has worked from Hyderabad since the launch and opened offices in Bengaluru in 2020 and in the Delhi NCR (Gurugram) in 2021.

Hyderabad, Bengaluru and Gurugram are where Arcesium's finance-related roles in India sit. Some are product roles that shape the financial reporting and tax features of its software; others are in valuation, at analyst and manager level, and in payroll for its own India team. Postings ask for a bachelor's or master's degree in finance, financial engineering, mathematics, statistics or economics, with CFA or FRM a strong plus, or a degree in finance, accounting, HR or business administration, or an MBA.

• Industry: Financial technology: investment operations, accounting and data platforms for asset managers, hedge funds and banks
• Headquarters: New York, United States (Arcesium LLC)
• In India: Arcesium India Private Limited, with offices in Hyderabad, Bengaluru and Gurugram