Payroll Specialist
Responsible for the correct and timely preparation of the Company’s Payroll, maintaining payroll systems and processing paychecks according to schedule and in the correct amount. Their duties include consolidating information and entering data into payroll databases, calculating paycheck amounts and distributing funds to employee accounts.
A. Supervises and coordinates the activities of clerks that are involved in the collection of timecards, data entry, the calculation and payment of the payroll.
B. Responsible for the Payroll System complying to the Company’s policies as well as the Legal and Fiscal requirements.
C. Supervises the calculation of Wages and Salaries, checking that overtime, vacation bonuses as well as the different bonuses and coupons are included. Also verifies the different deductions, such as taxes (ISPT, IMSS, INFONAVIT) as well as loans and other applicable discounts.
D. Verifies that new hires and Employees that are no longer in the Company, as well as modifications such as changes in Departments, Promotions, and/or Salaries are properly authorized and then updated into the Payroll System.
E. Oversees the preparation of weekly and annual earnings and tax reports, as well as the annual calculation of Profit Sharing, Vacations and Christmas bonuses.
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