Senior Accounting Analyst, Payroll, Benefits & Accounting Operations
Responsible for payroll, benefits, pension, lease, and expense accounting, including reporting, forecasting, and coordination of key accounting processes.
Payroll & Employee Benefits Accounting
Manage the end-to-end accounting cycle for payroll and employee benefits, including weekly accrual postings, salary payments, payroll withholdings, and benefits. Ensure payroll transactions are accurately recorded through journal entries and properly reflected in the general ledger and supporting subledgers, maintaining clear documentation and full traceability through supporting workpapers.
Prepare and manage the payroll and benefits forecast (monthly and annual), documenting headcount drivers and compensation trends, and providing clear explanations of variances vs actuals, including burden rate, volume, and timing differences.
Perform weekly and monthly payroll analysis, including balance sheet and P&L review, trend analysis, and validation of account activity. Ensure proper tie-out between subledger and general ledger, particularly for intercompany or cost allocation entries across different reporting units.
Pension Plan Accounting & Operational Coordination
Record and analyse the actuarial valuations for the pension plan, including recognition of short-term and long-term benefit obligations, service cost, and remeasurements (actuarial gains and losses) impacting both P&L and OCI, ensuring accurate financial statement presentation.
Maintain and monitor pension-related balance sheet accounts in SAP, ensuring balances for long-term employee benefit obligations are complete, accurate, and supported by actuarial reports and internal schedules.
Coordinate weekly defined contribution funding instructions with the fiduciary and monitor related cash movements, ensuring contributions and recoveries are properly recorded and aligned with the plan activity.
Perform comprehensive monthly reconciliations across all pension-related data sources, including trustee statements, investment reports, record keeping records, and internal books, ensuring full alignment and timely resolution of variances.
Act as an active member of the Pension Plan Committee, supporting discussions and decision-making related to the plan, and applying strong knowledge of pension accounting and financial impacts.
Lease Accounting
Manage Lease Accounting, including initial recognition and subsequent measurement of right-of-use (ROU) assets and lease liabilities and recording of interest expense and amortization, ensuring accurate schedules over the lease term.
Travel & Expense (T&E)
Oversee the employee expense (T&E) cycle at a regional level, including administration of Concur and its interface with SAP for accounting purposes. Ensure proper review, posting, and accounting of expense reports and reimbursements, maintaining compliance with policies and accurate classification.
Prepaid Expenses
Manage the accounting of prepaid expenses, including employee insurance policies and property insurance, ensuring systematic amortization to P&L.
Close, Reconciliations & Sox Controls
Manage the period-end close and reconciliation process for all the above cycles (payroll, benefits, pension, lease, prepaid expenses, and T&E), including preparation of robust workpapers and review of journal entries, accruals, reclassifications, and balance sheet reconciliations. Ensure all accounts are fully supported, differences are investigated and resolved timely, and balances are aligned between subledgers, third-party reports, and the general ledger.
Support audit and compliance activities by providing clear reconciliations, supporting schedules, and explanations of balances and transactions, for internal, external, and statutory audits.
Drive process improvements and strengthening of internal controls across all assigned accounting cycles, improving efficiency, accuracy, and overall quality of financial reporting.
EDUCATION/EXPERIENCE
5+ years of experience in general ledger accounting, including payroll, benefits, and balance sheet reconciliations, with exposure to external audits.
Bachelor’s degree in Accounting or Finance.
Strong knowledge of Mexican GAAP (NIF), including NIF D-3, and familiarity with US GAAP (ASC 715) for employee benefits and pension accounting.
Solid understanding of accounting cycles, accruals, and financial close processes, with the ability to analyse and reconcile complex accounts.
Experience with ERP and reporting systems (preferably SAP and OneStream).
Advanced Excel skills (data analysis and reconciliations).
Strong analytical and problem-solving skills, with attention to detail and ability to identify and resolve discrepancies.
Ability to prepare clear reconciliations, supporting schedules, and audit-ready documentation.
Strong communication and teamwork skills, with a collaborative mindset and the ability to work effectively within the team and with cross-functional and external stakeholders (auditors, fiduciaries, consultants)
Strong English communication skills required to support regular interaction with corporate teams
Global Terms of Use and Privacy Statement
Carefully read the BorgWarner Privacy Policy before using this website. Your ability to access and use this website and apply for a job at BorgWarner are conditioned on your acceptance and compliance with these terms.
Please access the linked document by clicking here, select the geographical area where you are applying for employment, and review. Before submitting your application you will be asked to confirm your agreement with the terms.
Career Scam Disclaimer: BorgWarner makes no representations or guarantees regarding employment opportunities listed on any third-party website. To protect against career scams, job applicants should take the necessary precautions when interviewing for and accepting employment positions allegedly offered by BorgWarner. Applicants should never provide their national ID numbers, birth dates, credit card numbers, bank account information or other private information when communicating with prospective employers or responding to employment opportunities online. Job applicants are invited to contact BorgWarner through BorgWarner’s website to verify the authenticity of any employment opportunities.