Bio-Rad Laboratories
Website:
bio-rad.com
Job details:
This role is responsible for the timely and accurate execution of general ledger accounting activities for Canada-based entities (CO_1000, CO_1020) within the scope of the India Finance Shared Services Center (FSSC), including payroll-related journal entries, balance sheet reconciliations, and statutory tax filings support, in accordance with US Generally Accepted Accounting Principles. This role is also responsible for administering user access, workflows, and audit documentation on the BlackLine reconciliation platform
How You’ll Make An Impact
- Prepares and posts the recurring Canada Bi-Weekly Payroll journal entry (CO_1020) from the auto-load interface, verifying successful posting and manually correcting any rejected entries
- Prepares and posts the Canada Payroll & APC Accrual, APC Charge/Expense, PTO Liability, and RRSP Clearing journal entries based on inputs provided by the payroll team
- Prepares and posts the Canada RSU Reclass journal entry (CO_1000) to reclass or write off RSU accrual to the appropriate expense account
- Prepares and posts the Canada Cash Clearing and Payroll Reclass journal entries for CO_1020
- Prepares and posts the GRIR Reclass journal entry (CO_1000)
- Prepares and posts the Canada DPSP True-Up, DPSP Clearing, Workers’ Compensation True-Up, and Medical Burden True-Up journal entries
- Prepares and posts the CRA and Quebec Tax Assessment entry, reclassifying sales tax receivables to prepaid expense
- Performs quarterly balance sheet reconciliations for 13 payroll-related general ledger accounts under CO_1020, including Prepaid Payroll, Salaries and Wages, Workers Compensation, Social Security, Profit Sharing, PTO, Payroll Tax Payable (Federal and State), Fringe Benefits, Medical/Dental/Vision Benefits, and 401(k) Payable
BlackLine System Administration
- Provisions BlackLine access for new users and deactivates access for terminated users, reviewing headcount reports to confirm timely deactivation
- Assigns and reassigns reconciliation accounts to the appropriate users and configures journal workflows in BlackLine
- Prepares ITGC 5 and ITGC 7A audit documentation and obtains approvals from the designated approvers
- Provides sample documentation to support ITGC 4A, ITGC 4B, and mitigation ticket audits
- Prepares the monthly SAP vs. BlackLine reconciliation to identify and resolve differences between the two systems, and sends reminders to team members for pending reconciliations and outstanding tasks
- Prepares and posts the Canada Employer Health Tax Expense and Employer Health Tax Accrual journal entries in line with annual statutory requirements
What You Bring
- Chartered Accountant or CPA or CMA
- 4-6 years of relevant experience in payroll accounting, general ledger accounting, or reconciliations, or an equivalent combination of education and experience
- Finance Shared Services experience in a large multinational company with a high-volume, performance-driven environment preferred
- Large ERP system experience — SAP preferred
- Experience with BlackLine required
- Prior exposure to Canadian payroll and statutory tax filings is an advantage
- Determines the appropriate resolution of routine journal entry and reconciliation discrepancies within established policies and procedures
- Escalates significant reconciliation, control, or audit-related matters to the Immediate Supervisor for review and decision
- Recommends process improvements to journal entry, reconciliation, and BlackLine administration workflows
- Strong working knowledge of the BlackLine reconciliation platform, including system administration, user access provisioning, and workflow configuration
- Solid understanding of US GAAP and general ledger accounting, including payroll accruals, reconciliations, and month-end close processes
- Working exposure to Canadian payroll, tax, and statutory reporting requirements, including CRA, Quebec sales tax, and Employer Health Tax
- Strong working knowledge of SAP or an equivalent ERP system for journal entry preparation and posting
- Strong attention to detail and ability to manage multiple recurring deadlines across monthly, quarterly, and annual cycles
- Strong interpersonal, communication, and presentation skills for interacting with team members, auditors, and business partners
- Strong analytical and problem-solving background
- Fluent (both orally and in writing) in English
Who We Are: For 70 years, Bio-Rad has focused on advancing the discovery process and transforming the fields of science and healthcare. As one of the top five life science companies, we are a global leader in developing, manufacturing, and marketing a broad range of high-quality research and clinical diagnostic products. We help people everywhere live longer, healthier lives. Recently voted a Best Place to Work, Bio-Rad offers a unique employee experience with collaborative teams that span the globe. Here, you are supported by leadership to build your career and are empowered to drive change that makes an impact you can see.
Benefits: Bio-Rad's biggest asset is its people, and the reason why our Total Rewards deliver programs that provide value, quality, and inclusivity while satisfying the diverse needs of our evolving workforce. Our robust offerings serve to enrich the overall health, wealth, and wellbeing of our employees through the various stages of an employee’s work and life cycle. We’re proud to offer a variety of options, including competitive insurance plans for you and your immediate family, Annual Health checkup , Marriage Leave, Paternity Leave ,Employee Assistance Programme , extensive learning and development opportunities, and more.
EEO Statement: Bio-Rad is an Equal Employment Opportunity/Affirmative Action employer, and we welcome candidates of all backgrounds. Veterans, people with disabilities, and people of all races, ethnicities, genders, ages, and orientations are encouraged to apply.
Agency Non-Solicitation: Bio-Rad does not accept agency resumes, unless the agency has been authorized by a Bio-Rad Recruiting Representative. Please do not submit resumes unless authorized to do so. Bio-Rad will not pay for any fees related to unsolicited resume
Legal Entity: (IND_3006)Bio-Rad Laboratories (India) Pvt Ltd
Click on Apply to know more.
