PEO Accounting Manager

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:

As the PEO Accounting Manager, you will take full ownership of all financial reconciliation activities for Deel's PEO services. This leadership role is essential in balancing the books of the PEO business, ensuring accuracy in quarter-end reconciliation, tax filings, benefit payments, and client invoicing. You will be responsible for managing the PEO’s accounting functions, ensuring all financial processes are compliant, and making sure that all deductions for taxes, benefits, and salaries align with payments to tax agencies, carriers, and clients. The ideal candidate will have extensive experience with PEO accounting, tax regulations, and exceptional reconciliation skills.

Key Responsibilities:

• Leadership and Financial Oversight: Oversee all PEO-related financial activities, ensuring accurate financial reconciliation, tax filings, and compliance with local, state, and federal regulations. Take full responsibility for balancing the books for the PEO business, ensuring it operates efficiently and profitably.

• Manage Accounting Functions: Lead the accounting functions, including the maintenance of the general ledger, accounts payable, accounts receivable, and cash management.

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

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

• Client Invoicing & Credits: Process client payments and ensure client invoices accurately reflect all payroll, tax, and benefit costs. Execute required refunds for client credits resulting from overpayments or tax refunds received by Deel from tax agencies.

• Underpayments & Refunds: Identify underpayments and submit necessary remittances to tax agencies. Process refunds to clients for overpayments and credits due to tax refunds or reconciliation corrections.

• Compliance Assurance: Ensure all financial activities comply with tax and accounting regulations, including company registrations, corporate tax filings, and adherence to federal, state, and other regulatory requirements.

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

• Reporting: Provide regular updates and detailed reports to senior leadership on the status of reconciliations, and any outstanding payment or compliance issues.

• Cross-Functional Collaboration: Work closely with payroll, legal, finance, and operations teams to ensure that financial activities align with operational processes and remain compliant with legal standards.

• Process Improvement: Identify and implement improvements in reconciliation and financial processes to enhance accuracy ,and reduce errors.