Manager Controllership, Payroll Accounting (L09)

Job Description:

Role Title:Manager Controllership, Payroll Accounting (L09)

Company Overview:

Synchrony (NYSE: SYF) is a premier consumer financial services company delivering one of the industry’s 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 #2 among India’s Best Companies to Work for by Great Place to Work. We were among the Top 50 India’s Best Workplaces in Building a Culture of Innovation by All by GPTW and Top 25 among Best Workplaces in BFSI by GPTW. We have also been recognized by AmbitionBox Employee Choice Awards among the Top 20 Mid-Sized Companies, ranked #3 among Top Rated Companies for Women, and Top-Rated Financial Services Companies.
• We offer Flexibility and Choice for all employees and provide best-in-class employee benefits and programs that cater to work-life integration and overall well-being.
• We provide career advancement and upskilling opportunities for all to take up leadership roles.

Organizational Overview:

Controllership organization within Finance COE responsible to monitor day-to-day accounting activities involved in Synchrony business. Controllership mostly covers Cash Accounting, general accounting, client accounting, reconciliations, closing & reporting, system maintenance, and governance related sub-processes. Every process contributes to our quarterly & annual financial close process and ensure that we have accurate external reporting.

Role Summary/Purpose:

The Payroll Accounting Controllership Manager, role & 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.

Key Responsibilities:

• Team Handling includes monitoring their deliverables, provide feedback & coach team members
• 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, monthly and quarter-end journals.
• Perform weekly/biweekly payroll funding validation, matching and reconciliations.
• Perform automation & simplification projects and other duties as assigned.
• In addition, for the above areas, identify process improvements and simplification opportunities in Payroll processes. Once identified process improvements, drive the execution of those projects (Controllership Projects) and work with others to drive to completion.

Required Skills/Knowledge:

• Bachelor’s degree in Accounting or Finance and a minimum of 3 years of accounting experience in the banking or financial Services industry; or in lieu of a degree, a minimum of 5 years of experience in the banking or financial services industry.
• Prior experience in Blackline reconciliation, manual journal entries, month end closing and reporting etc.
• Excellent analytical and problem-solving skills Software Skills(Excel, Word, PowerPoint)
• Excellent organization and follow-up skills
• Excellent communication skills – both oral and written
• Ability to execute in a fluctuating environment
• Demonstrated commitment to quality and customer service

Desired Skills/Knowledge:

• People Management skills
• Preferred 1 to 2 years of Payroll Accounting knowledge.
• Personal computer proficiency – 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’s degree in Accounting or Finance and a minimum of 3 years of accounting experience in the banking or financial Services industry; or in lieu of a degree, a minimum of 5 years of experience in the banking or financial services industry.

Work Timings:

5:00 AM to 2:00 PM EST

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, LPP)
• L4 to L7 Employees who have completed 12 months in the organization and 12 months in their current role and level are only eligible.
• L8+ Employees who have completed 18 months in the organization and 12 months in their current role and level are only eligible.
• L04+ Employees can apply.

Grade/Level: 09

Job Family Group:
FinanceExperience Level
Mid Level