Website:
stancorpglobalservices.in
Job details:
The next part of your journey is right around the corner — with Standard India
A genuine desire to make a difference in the lives of others is the foundation for everything we do. With a customer-first mindset and an intentional focus on building strong teams across the nation, we’ve been able to uphold our legacy of financial stability while investing in new, innovative technologies that support the needs of our customers. Our high-performance culture, focused on operational excellence thrives thanks to remarkable people united by compassion and a customer-first commitment. Are you ready to make a difference?
Job Summary
The role is responsible for the end-to-end execution of core finance operations, including preparation of monthly financial statements with supporting schedules and detailed reconciliations to ensure accuracy and completeness of books. It involves creating and tracking expense provisions in line with the accrual concept, maintaining and regularly updating the Fixed Asset Register with appropriate classification and depreciation accounting, and managing the billing process to ensure timely and accurate invoicing. The role also includes processing payroll with a high degree of accuracy, addressing employee queries related to payroll and reimbursements, and ensuring compliance with statutory requirements. Additionally, the position requires active coordination with external stakeholders such as auditors and bankers by providing required information, supporting audits, and facilitating smooth financial and compliance-related interactions.
Principal Duties And Responsibilities
40% Corporate Finance and Accounting
- Prepare monthly financial statements (P&L, Balance Sheet, Cash Flow as applicable)
- Compile supporting schedules and working papers for all line items
- Perform variance analysis against budget/forecast/prior periods
- Ensure timely closure of books as per the monthly close calendar
- Coordinate with relevant teams to obtain necessary inputs and clarifications
- Perform balance sheet reconciliations (bank, vendor, intercompany, accruals, etc.)
- Maintain reconciliation trackers with proper ageing and status updates
- Ensure all reconciliations are adequately supported and audit-ready
- Periodically review and validate opening and closing balances
- Identify expenses to be accrued based on services received but not invoiced
- Prepare and record monthly provisions in line with accrual accounting principles
- Update the FAR for all asset additions, disposals, and transfers
- Reconcile FAR with general ledger balances periodically
- Calculate and record depreciation as per applicable accounting policies
- Raise invoices accurately and in a timely manner as per contractual terms
40% Payroll Processing & Handle Queries
- Process monthly payroll ensuring accuracy of salaries, deductions, and statutory components
- Validate payroll inputs including new joiners, exits, variable pay, and reimbursements
- Ensure compliance with statutory requirements (PF, ESI, TDS, etc.)
- Coordinate with HR for employee data and inputs
- Perform payroll reconciliations and maintain records
- Respond to employee queries related to payroll, deductions
- Investigate discrepancies and provide timely resolutions
- Maintain query logs and track resolution timelines
- Ensure clear communication and employee satisfaction
20% Liaising with External Stakeholders (Auditors/Bankers)
- Provide required data and schedules to auditors during statutory/internal audits
- Respond to audit queries and support timely closure of audit observations
- Coordinate with bankers for account operations, documentation, and compliance
- Prepare and submit financial information required by external parties
- Ensure all interactions are documented and aligned with governance requirements
- Other duties as assigned
Knowledge, Skills And Abilities
- Requires working knowledge and analytical abilities to determine business needs and provide appropriate solutions.
Job Specifications
- Education: Bachelor’s degree in Accounting or equivalent
- Experience: Ten (10) years progressive financial management experience, including financial accounting, tax, and payroll, or the equivalent combination of education and/or relevant experience. Experience working in financial accounting, management reporting, and supervisory experience.
Location:
Employees in this role must be available to commute to an office or otherwise must be in a specific geographic location to perform the functions of the job.
Travel Requirements
Regular travel may be required.
Occasional travel only (such as for planning purposes, team-building, or conferences) may be required.
Physical Requirements
N/A
Why Join Standard India?
We Have Built An Enduring Legacy Of Stability, Financial Strength And Exceptional Customer Service Through The Contributions Of The Service-oriented People Who Choose To Work At The Standard. To Ensure We Can Attract And Retain The Best Talent, When You Join StanCorp Global Servicesyou Can Expect
- A rich benefits package that supports your health, well-being, and financial goals
- An annual incentive bonus plan tied to both individual and organizational performance
- Paid time off including earned leave, sick/casual leave, and public holidays, in accordance with the company’s leave policy
- A supportive, responsive management approach that empowers you to grow
- Opportunities for career advancement through learning, coaching, and leadership enablement
- A culture where your voice matters - your ideas shape our future, and we win as one
- Purpose-driven work that makes a difference for our customers, communities, and each other
In addition to a competitive salary, our employee-focused benefits are designed to support work-life balance, personal growth, and long-term impact.
Eligibility to participate in an incentive program is subject to the rules governing the program and plan. Any award depends on a variety of factors including individual and organizational performance.
StanCorp Global Services India Private Limited is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, religion, colour, sex, gender identity, sexual orientation, age, disability, caste, HIV status or any other characteristic protected by applicable laws of India.
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