11 Nov
|
Newmark
|
Hyderabad
Main Objective
JOB DESCRIPTION
The role of the Payroll Specialist is to manage and process payroll, ensuring strict compliance with
IMSS, SAT, local taxes, and the Federal Labor Law (LFT), while serving as the primary point of
contact for all payroll processing activities. Additionally, this role will participate in various projects
such as system data updates, provide guidance to employees, and collaborate with other
departments as required.
Responsibilities
Key Functions
- Process payroll in a timely and accurate manner, including all payroll interface and processing activities.
- Act as the daily liaison with designated contacts for payroll-related matters.
- Resolve inquiries, manage incidents, and ensure legal compliance in Mexico.
- Keep payroll procedure manuals, policies, and internal controls up to date.
- Support audits from labor and tax authorities, with knowledge of IMSS, INFONAVIT, and ISN (Local Payroll Tax) statutory reports (Dictámenes).
- Ensure quality control in payroll processes, including results reconciliation and audit reviews.
- Manage month-end, quarter-end, and year-end closing processes,
including data reconciliation for quarterly and annual closings.
- Administer payroll system variables, SUA, IDSE checking (Confrontas), and incident management.
- Track tax returns and specialized services reporting, including ICSOE and SISUB.
Qualifications
Ideal Candidate Profile:
- Education: Bachelor’s degree completed in Accounting, Business Administration, or a related field (Degree/Título required).
- Experience: Minimum of 4 to 5 years of experience processing payroll in Mexico.
- Indispensable Tools: Proficiency in SUA, IDSE, Excel (intermediate-advanced), and payroll software (e.g., CONTPAQi, NOI, Oracle etc.).
- Skills: Excellent written and verbal customer service and communication skills.
- Knowledge: Deep understanding of the Federal Labor Law, Social Security Law, and Income Tax Law (ISR).
- Languages: Conversational English level.
- Competencies: Extreme attention to detail, precision, honesty, high confidentiality, and the ability to work under pressure and meet strict deadlines.
📌 Payroll Analyst (Hyderabad)
🏢 Newmark
📍 Hyderabad