Senior Payroll Accounting

Net2Source•Malvern, PA

12d•Onsite

About The Position

Net2Source Inc. is seeking a Senior Payroll Accounting Professional for a 6-month contract role. This position will support payroll accounting operations following a 2025 payroll system migration. The role involves reconciling payroll to accounting systems, ensuring accurate financial postings, and strengthening documentation and end-to-end process clarity for payroll-related workflows. Net2Source Inc. is a global leader in workforce solutions, operating in 34 countries with a team of 5,500+, recognized for significant growth and a mission to bridge the talent gap.

Requirements

Bachelor's in Accounting required
7+ years relevant experience
8-10 years experience
Deep professional know-how and experience in one Sub Job Family
Experience in payroll accounting and core accounting
Experience addressing and resolving complex accounting topics
Payroll accounting (earnings codes, deductions, taxability)
Core accounting (debits/credits, financial impacts, ledger posting)
Understanding of end-to-end flow: payroll → cash out → GL ledger → financial impact
SAP (primary)
Workday (reports only; no direct access needed)
Excel / Microsoft Office
Strong research, follow-up, and problem-solving skills
Able to work under pressure and think independently
Flexible with fluctuating onsite needs (especially during audits)
Strong analytical and research skills
Project management skills
Solid professional judgment and problem solving competence

Nice To Haves

CPA preferred (not mandatory if experience is strong)
BS/BA in related discipline, or advanced degree, or equivalent combination of education and experience
KNIME, Access, data-processing tools (bonus)

Responsibilities

Monthly GL interface work (~40 hrs/month)
Reconciliations & issue research (~80 hrs/month)
Documentation, value flows, meetings, issue tracking (~40 hrs/month)
Accounting for deferred comp, pension, PTO, relocation, 401k, bonuses/DIP, benefits & tax implications
Internal audit support; occasional external audit support
Improves existing processes and approaches
Review payroll general ledger interfaces and all payroll activities for 7 ARE's both US and Canada
Ensure that files received from the payroll provider are posted and address issues and discrepancies with the Payroll Team
Prepare and/or review various account reconciliations and resolve discrepancies
Prepare monthly and quarterly journal entries for various accruals such as AP Accruals, T & E, Bonus, PTO, Severance, Relocation, Deferred Compensation
Collaborate with HR and finance teams to ensure accurate and timely payroll processing
Follow-up with HR to address differences between Bank and GL are addressed timely
Stay current with changes in payroll laws and regulations
Prepare various P & L and Balance Sheet analytical for Month-end Closing
Performs complex analyses of financial process flow to validate controls, harmonize processes, increase efficiencies, and ensure accuracy of financial transactions
Support for internal and external audit requirements
Plans, prepares and consolidates balance sheet and P&L statements and reports, according to relevant accounting standards (IFRS, GAAP, local standards, etc.)
Prepares reports for unit or "Finance & Controlling " management
Analyzes and evaluates assets and liabilities
May analyze tax obligations and recommends measures to optimize tax payments
Contributes with analyses relevant for annual financial report
May maintain operational bank contacts, and contributes in "Finance & Controlling " activities
Completes projects concerning improvements of general financial processes
Cooperates with vendors, clients in reconciling the account status, on an accountable level
Keeps abreast with changes of internal guidelines and external accounting standards, and trains Accounting Operations staff respectively
Integrates analysis, development, testing and implementation
Interprets and functionally influence policy and guidelines in their area of business / technology, and develop processes and systems to deliver functional objectives
Plan own work according to targets agreed, within a quarterly up to an annual cycle, by integrating resources in a project driven environment
Provide functional advice and guidance to colleagues and customers