HR Payroll and Tax Specialist

1 week ago


Hyderabad, Telangana, India HSBC Full time

Some careers make a bigger impact than others.

If you're seeking a career where you can truly leave a mark, consider being part of HSBC and realize how much your contribution matters.

HSBC stands as one of the leading banking and financial services organizations globally, operating in 62 countries and territories. Our goal is to be present where growth happens, supporting businesses to thrive, economies to flourish, and individuals to achieve their aspirations and goals.

We are currently looking for a skilled professional to join our team as HR Payroll and Tax Specialist (United States of America).

Principal Responsibilities

  • Stay updated on all regulatory and compliance requirements, encompassing Federal, State, Unemployment, and Local Tax, overseeing various releases and service packs.
  • Act as the intermediary between the company and payroll vendor tax services.
  • Conduct research on tax laws, offering guidance to establish tax policies that adhere to regulations.
  • Provide advice to stakeholders on optimal practices and emerging tax-related issues.
  • Assist in collecting and analyzing data for unemployment tax audits, proposed legislation, and company legal entity transactions.
  • Act as a subject matter expert on relevant payroll and human resources information processing policies, including federal, state, and local payroll tax and garnishment, as well as system testing.
  • Offer support for issue resolution for employees and business partners.
  • Ensure compliance and operational risk controls align with HSBC and regulatory standards and policies.

Requirements

  • Minimum of three to five years of proven experience in payroll tax or generalist roles.
  • Proficiency and experience in various payroll aspects including United States payroll, international payroll, tax, and employee equity.
  • Bachelor's degree in related fields or equivalent experience such as Accounting or Business Administration. A Certified Payroll Professional (CPP) designation or Fundamental Payroll Certification (FCP) would be advantageous.
  • Capability to work effectively in a fast-paced environment independently, strong time management skills.
  • Solid analytical, detail-oriented, customer service-oriented, problem-solving, organized, interpersonal, verbal, and written communication skills.
  • Proficient in Excel including Pivot Tables, VLOOKUPs, and other formulas. Experience with SAP - Employee Central Payroll is preferred.
  • Excellent verbal and written communication skills in English.
  • High customer focus with exceptional interpersonal sensitivity, communication, and judgment skills.

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