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Payroll Accountant

Okta · Posted Nov 2

Cloud-based identity and access management solutions for workforce and customer security

Bengaluru, IndiaFull-timeHybridMid Level2–4 years₹13.0L–₹19.0L yearly30 applicants
Enterprise SoftwareCybersecurityIdentity ManagementCloud ComputingPublic Company
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About the role

Okta provides identity and access management infrastructure that secures connections between people and technology across cloud applications. The Compensation GL team within Okta's finance organization handles compensation and benefits accounting, month-end close, SOX compliance, and audit support. This Payroll Accountant role will record payroll and benefits activity, perform GL close and reconciliations, support audits, and drive process efficiencies for international entities.

What you will do

  • Perform various GL month-end close activities for the Okta International entities, including preparation of journal entries and balance sheet reconciliations
  • Support monthly and semi-monthly payroll cycles with the recording of needed journal entries
  • Prepare journal entries for cash accounts and perform reconciliation on a regular basis
  • Responsible for the preparation of the vacation accruals for the Okta International Entities
  • Prepare month-end closing journal entries, including resolving discrepancies and ensuring entries are in accordance with US GAAP, IFRS, FRS and Local GAAP
  • Prepare P&L and Balance Sheet fluctuation analyses
  • Assist in implementing new accounting policies, controls and procedures
  • Ensure SOX and policy compliance
  • Assist in preparing internal and external financial reporting schedules
  • Provide a high level of customer service with finance and non-finance business partners
  • Maintain strong and productive relationships with People team, including Benefits, Operations, Finance, Stock Admin, Legal and other internal stakeholders
  • Support the quarterly reviews and annual audit requests and inquiries from our external auditors
  • Ad hoc accounting projects and requests, as needed

Skills used in this role

What the employer is looking for

  • Bachelor’s degree, with an emphasis in Accounting or Finance
  • 2-4 years of combined public accounting and private industry at a publicly traded company
  • Certified Accountant (CA) or CA candidate a plus
  • Experience with the operations and related accounting for payroll, cash, bonus, and commissions.
  • Knowledge of deferred commissions and stock-based compensation would be beneficial
  • Proficient with Microsoft Office Suite (Excel, Word, Powerpoint)
  • Experience with Google Suite preferred
  • Experience with NetSuite preferred, or related accounting software
  • Experience using Workday, ADP, SafeGuard or other comparable payroll software a plus
  • Knowledge and application of US GAAP, IFRS, FRS, Local GAAP, SEC regulations, and SOX/internal controls
  • Strong problem solving, analytical, and organizational skills
  • Ability to identify, follow-up and resolve discrepancies timely
  • Strong attention to detail
  • Strong interpersonal and communication skills, both written and verbal
  • Strong team player, who builds positive work relationships across the organization
  • Ability to adhere to deadlines in a fast-paced environment, without sacrificing accuracy
  • Strong systems knowledge, including the ability to quickly learn new systems

Benefits and support

  • Compensation and benefits are detailed in the job posting

About Okta

Okta is a leading independent provider of cloud-based identity and access management solutions that securely connect people and technologies to the right applications. The company powers both Workforce Identity and Customer Identity platforms, allowing organizations to securely manage user access and navigate modern challenges like agentic AI security.

Industry
Enterprise Software
Company size
7500+ employees
Founded
2009
Location
San Francisco, California, USA
Funding stage
Public Company

Funding

Public Company · $228M raised

Sequoia CapitalAndreessen HorowitzGreylock PartnersKhosla VenturesAltimeter Capital
  • 2010-02-01Series A$10M
  • 2011-08-01Series B$16.5M
  • 2012-12-01Series C$25M
  • 2013-09-01Series D$27M
  • 2014-06-01Series E$75M
  • 2015-09-01Series F$75M
  • 2018-02-21Post IPO Debt$300M

Leadership

TM
Todd McKinnon

Co-Founder and Chief Executive Officer

FK
Frederic Kerrest

Co-Founder and Executive Vice Chairman

SD
Shannon Duffy

Chief Marketing Officer

SM
Scott Morgan

Chief Legal Officer

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