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PEO Accounting Manager

Deel

Deel

Accounting & Finance
United States
Posted on Sep 25, 2024

Who we are is what we do.

Deel and our family of growing companies are made up of global teams dedicated to helping businesses hire anyone, anywhere, easily.

The team comprises over three thousand self-driven individuals spanning over 100 countries, and our unified yet diverse culture keeps us continually learning and innovating the platform and products for customers.

Companies should be able to hire the best talent anywhere in the world, so we are building the best platform to make that a reality. Our market-leading technology, expertise, and global team are crucial to the platform’s success. We deliver the best products and features in our space, enabling millions of jobs worldwide and connecting the global workforce with the best companies and opportunities.

Why should you be part of our success story?

A 30-mile hiring radius should no longer dictate how companies hire because exceptional talent lives everywhere. Deel sees a world without hiring borders and endless talent that pairs perfect candidates with great companies.

We offer global teams all the tools they need to hire, onboard, manage, pay, and scale at full speed. We aim to foster a diverse global economy by building a generational platform that seamlessly connects companies with talent worldwide.

After our successful Series D in 2021, we raised another $50M in 2023, doubling our valuation to $12B. There’s never been a more exciting time to join Deel — the international payroll and compliance market leader.

Role Overview:

We are seeking a detail-oriented PEO Controller to manage all financial reconciliation activities for our PEO services. The role is critical in ensuring accurate and compliant quarter-end reconciliation, tax filings, benefit payments, and client invoicing. The ideal candidate will have deep experience with PEO accounting, a strong understanding of tax regulations, and exceptional reconciliation skills. You will be responsible for ensuring that deductions for taxes, benefits, and salaries align with payments made to tax agencies, carriers, and clients, while also managing amendment filings and client refunds.

Key Responsibilities:

  • Manage Accounting Functions: including maintenance of general ledger, accounts payable, accounts receivable and cash

  • Quarter-End Reconciliation: Manage quarter-end reconciliation processes for all PEO financial activities, ensuring all payroll, tax, benefits, and client deductions align with payments made to agencies and vendors.

  • Amendment Filings: Prepare and submit amendment filings as required to correct any discrepancies or issues identified during the reconciliation process.

  • Tax Deductions & Remittances: Ensure all tax deductions are accurately calculated and that payments to tax agencies match the total deductions taken from employee wages and client invoices.

  • Benefits Reconciliation: Reconcile benefit deductions against premiums paid to carriers, ensuring all client contributions and employee deductions are accurately processed.

  • Client Invoicing & Credits: Review and ensure client invoices accurately reflect payroll, tax, and benefit costs. Execute any required refunds for client credits due to overpayments or tax refunds received by Deel from PEO-level tax agencies.

  • Underpayments & Refunds: Identify and correct underpayments by submitting necessary remittances to agencies. Process refunds to clients for overpayments or credits.

  • Compliance Assurance: Ensure all financial activities are in full compliance with applicable tax and accounting regulations, including but not limited to company registrations, corporate tax filings and conformity with Federal, state & other governmental agency requirements

  • Data Integrity: Maintain accurate and organized financial records for all transactions related to taxes, benefits, and payroll for the PEO division.

  • Reporting: Provide regular updates and detailed reports to the Finance Manager on reconciliation status, filings, amendments, and any outstanding payment issues.

  • Cross-Functional Collaboration: Work closely with payroll, legal, and operations teams to ensure all financial activities align with operational processes and legal compliance.

  • Process Improvement: Identify areas for improving reconciliation and financial processes to enhance accuracy, reduce errors, and ensure timely filings and payments.

Key Qualifications:

  • 5+ years of accounting experience in a PEO, payroll, or related industry.

  • Strong understanding of PEO-specific financial reconciliation, tax filing processes, and benefit payment management.

  • Experience in preparing and filing amendment filings for tax discrepancies or issues.

  • Exceptional attention to detail, with a focus on ensuring accuracy in deductions, payments, and client invoicing.

  • Strong knowledge of accounting principles and financial regulations

  • Strong knowledge of U.S. payroll tax regulations, as well as benefits administration.

  • Experience reconciling multi-state payroll and tax obligations, with an understanding of the intricacies of PEO-level tax agencies.

  • Excellent problem-solving skills, with the ability to identify and resolve discrepancies in a timely manner.

  • Strong organizational skills and the ability to manage multiple priorities during peak periods, such as quarter-end.

  • Advanced proficiency in accounting software and Excel.

Preferred Qualifications:

  • Experience with PrismHR or similar PEO-specific platforms.

  • Experience with MasterTax or similar Payroll Tax softwares

  • Certified Public Accountant (CPA) or other relevant accounting certifications.

  • Experience working with global payroll systems and reconciling multi-country financials.

Total Rewards

Our workforce deserves fair and competitive pay that meets them where they are. With scalable benefits, rewards, and perks, our total rewards programs reflect our commitment to inclusivity and access for all.

Some things you’ll enjoy

  • Provided computer equipment tailored to your role

  • Stock grant opportunities dependent on your role, employment status and location

  • Additional perks and benefits based on your employment status and country

  • The flexibility of remote work, including WeWork access where available

At Deel, we’re an equal-opportunity employer that values diversity and positively encourage applications from suitably qualified and eligible candidates regardless of race, religion, sex, national origin, gender, sexual orientation, age, marital status, veteran status, disability status, pregnancy or maternity or other applicable legally protected characteristics.

Unless otherwise agreed, we will communicate with job applicants using Deel-specific emails, which include @deel.com and other acquired company emails like @payspace.com and @paygroup.com. You can view the most up-to-date job listings at Deel by visiting our careers page.

Deel is an equal-opportunity employer and is committed to cultivating a diverse and inclusive workplace that reflects different abilities, backgrounds, beliefs, experiences, identities and perspectives.

Deel will provide accommodation on request throughout the recruitment, selection and assessment process for applicants with disabilities. If you require accommodation, please inform our Talent Acquisition Team at recruiting@deel.com of the nature of the accommodation that you may require, to ensure your equal participation.