Accountant - India (Remote)

Job Title: Finance Accountant (Banking, India & Global Payroll)

Role Overview

PAteam is a growing multi-geography Robotic Process Automation (RPA), CXone and AI consultancy and services firm looking for a Finance Accountant based in India. This role manages day-to-day corporate banking operations, executes Indian and international payroll, and handles core compliance under Indian financial regulations. You will maintain daily liquidity across multi-currency accounts, process accurate compensation for our tech teams, and oversee statutory compliance filings. As a key member of our global team, you will act as a primary anchor for our international offices, taking direct ownership of multi-geography finance responsibilities across different regional jurisdictions.

Work Format & Schedule

• Location: 100% Remote (Candidates can be based anywhere in India).
• Working Hours: Requires shift flexibility with late evening hours in India to ensure active overlap and sync with international team members across other geographical time zones.

Key Responsibilities

Banking, Treasury & Multi-Currency Management

• Manage daily cash balances across Indian (INR) and foreign currency (EEFC) bank accounts.
• Coordinate with banks for inward remittances, FIRC documentation, and cross-border wire transfers.
• Perform regular multi-currency bank reconciliations, accounting for foreign exchange variations.
• Handle banking documentation required by the Reserve Bank of India (RBI) for IT service exports.

 India & International Payroll Operations

• Execute end-to-end monthly payroll processing for India-based employees and global contractors.
• Structure employee compensation baskets, ensuring accurate computing of basic salary, HRA, and allowances.
• Manage international payroll runs through Employer of Record (EOR) platforms or global payroll software.
• Validate monthly invoices, timesheets, and payouts for external software developers.
• Oversee multi-geography statutory workflows, adapting financial practices to meet local regulations across all active corporate regions.

 Statutory Compliance & Taxation

• Calculate, deposit, and file monthly statutory returns including PF, ESIC, and Professional Tax (PT).
• Compute and deposit monthly Tax Deducted at Source (TDS) on salaries (Section 192) and vendor payments.
• Prepare quarterly TDS returns (Form 24Q and Form 26Q) and issue annual Form 16 to employees.
• Ensure strict accounting compliance with Indian Accounting Standards (Ind AS) or standard Indian GAAP.

 Core Accounting & Financial Reporting

• Lead the monthly financial book close, recording payroll accruals, depreciation, and amortizations.
• Monitor milestone-based client billing and manage deferred revenue for IT service contracts.
• Assist corporate tax consultants with annual filing data and Goods and Services Tax (GST) compliance.
• Prepare localized balance sheets, profit & loss reports, and monthly cash flow statements.

Requirements & Qualifications

• Education: B.Com, M.Com, or Inter-CA / Inter-CMA qualification.
• Experience: 3+ years of corporate accounting experience, preferably within an IT Services or software company.
• Compliance Knowledge: Expert understanding of Indian payroll laws, TDS provisions, PF/ESI schemes, and labor regulations.
• Tech Stack: Hands-on experience with cloud accounting tools (e.g., Zoho Books, Tally Prime, Xero) and payroll systems (e.g., Zoho Payroll, RazorpayX, Keka).
• Skills: Solid foundation in double-entry bookkeeping, multi-currency processing, and advanced Microsoft Excel.