Assistant Manager - Payroll & Treasury

Position/Title: Assistant Manager – Global Payroll & Treasury Experience: 5–7 years of experience Qualification: Bachelor’s degree in finance, Accounting, or related field (Master’s preferred). Department: Finance Employment type: Fulltime Location: India (with scope covering India, Mexico & US operations) Shifts (if any): About Aeries: Aeries Technology is a Nasdaq listed (AERT) global professional services and consulting partner, with offices in the USA, India, Mexico, Singapore, and UAE. We provide Private Equities, its Portfolio Companies and mid-market companies with the right mix of deep vertical specialty, functional expertise, and the right systems & solutions to scale, optimize and transform their business operations with unique customized engagement models. Aeries is Great Place to Work certified by GPTW Institute, reflecting our commitment to fostering a positive and inclusive workplace culture for our employees. For more information, log on to http://www.aeriestechnology.com Roles & Responsibilities: Payroll Operations · Manage end-to-end payroll processing for India, Mexico, and US employees, ensuring accurate and timely salary disbursements. · Validate payroll inputs including attendance, leave, overtime, and variable pay as registered by HR. · Initiate payments for monthly salaries and full & final settlements, covering earnings, deductions, reimbursements, bonuses, incentives, and final settlements. · Administer statutory payroll components such as PF, ESI, Professional Tax (PT), Labour Welfare Fund (LWF), and TDS. · Ensure compliance with Indian payroll laws, statutory requirements, and company policies. · Generate and review payroll reports, salary registers, variance reports, and reconciliation statements. · Coordinate with Finance, HR, employees, and payroll vendors to resolve discrepancies and employee queries. Payroll Finance & Accounting · Prepare payroll-related journal entries and accounting adjustments in line with financial controls. · Support General Ledger and Record-to-Report (R2R) activities related to payroll transactions. · Provide data for actuarial valuation of gratuity and leave encashment in coordination with HR and consultants. · Ensure accurate accounting of accruals (bonus, leave encashment, gratuity) and reporting of payroll expenses, deductions, liabilities, and funding transactions. · Utilize NetSuite & Zoho Books for payroll accounting, journal entries, and reconciliations. · Support statutory, internal, and US GAAP audits (10K, 10Q), providing relevant data and resolving auditor queries. Treasury, Cash & Liquidity Management · Prepare and review payroll funding requirements for India, Mexico, and US payroll cycles (including intercompany transfers). · Support cash positioning and liquidity planning by tracking payroll requirements and scheduled cash movements. · Manage ACH and Wire payment processing, including validation, tracking, and exception resolution. · Perform bank and account reconciliations, investigate cash breaks, and ensure timely clearance of outstanding items. · Prepare and maintain cash flow reports for management review. Requirements for the role: · Strong knowledge of payroll operations across India. Knowledge of payroll of Mexico, and US is an advantage. · Familiarity with statutory compliance requirements (PF, ESI, PT, LWF, TDS). · Proficiency in financial accounting systems (NetSuite, Zoho Books). · Experience in treasury operations, cash management, and liquidity planning. · Analytical mindset with attention to detail and accuracy. · Ability to work under tight deadlines and manage cross-border payroll complexities. Skills/Certifications: · Bachelor’s degree in finance, Accounting, or related field (Master’s preferred). · 5–7 years of experience in payroll operations, treasury, or accounting, with exposure to multi-country payroll. · Knowledge of US GAAP and statutory audit processes is an advantage. The Job responsibilities of the candidate shall include but not limited to the Job Description & to perform any other tasks/functions as required by the Company.