Title:  Manager, India Payroll

Team Summary

Arcesium is a financial technology and professional services firm, delivering solutions to some of the world’s most sophisticated financial institutions, including hedge funds, banks, and institutional asset managers. Expertly designed to achieve a single source of truth throughout a client’s ecosystem, Arcesium’s cloud-native technology is built to systematize the most complex tasks.

Building on a platform developed and tested by one of the world’s leading investment and technology development firms, the D. E. Shaw group, Arcesium launched as an independent company in 2015. Arcesium received additional equity backing from a second seed client, Blackstone Alternative Asset Management, the world’s largest discretionary allocator to hedge funds. In January 2020, J.P. Morgan made a strategic investment in the company.

Arcesium supports more than $220 billion in assets with a staff of over 1700+ software engineering, accounting, operations, and treasury professionals.

What You'll Do

• Managing the team to ensure end to end payroll processing for India entities is done on time and as expected
• Ensure internal controls and processes set are diligently followed by the team to ensure risk exposure is limited
• Reviewing the current processes at regular intervals to ensure they can highlight/cover any inconsistencies
• Timely payment of Regulatory dues (state and central) and adherence to all payroll related compliances
• Manage the Full & Final settlement processes for exiting employees
• Ensuring postings in the books of accounts are done at end of each month on time and as expected
• Reconciliations of payroll GL’s on a regular basis
• Reviewing and sending out the offer letters prepared by the payroll vendor in agreed timelines before sending out to candidates
• Providing MIS reports to concerned teams on pre agreed dates
• Ensuring No dues clearance process to exiting employees is being provided by the teams within timelines

What You'll Need

• The candidate should have bachelor’s degree preferably in Finance, HR, Accounting, Business Administration or MBA  with 5-7 years of experience
• 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.
• Possess 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
• Should be able to not only conceptualize and drive initiatives but also be willing to get into details
• Adaptable and creative approach to address issues and solve problem
• Experience in engaging senior internal and external stakeholders including auditors, statutory and regulatory compliance authorities.

Members of the Arcesium Company Group do not discriminate in employment matters on the basis of sex, race, color, caste, creed, religion, pregnancy, national origin, age, military service eligibility, veteran status, sexual orientation, marital status, disability, or any other protected class.

Education