Our purpose - Opening up a world of opportunity - explains why we exist. Here at HSBC we use our unique expertise, capabilities, breadth and perspectives to open up new kinds of opportunity for our more than 40 million customers. We're bringing together the people, ideas and capital that nurture progress and growth, helping to create a better world - for our customers, our people, our investors, our communities and the planet we all share. Act as liaison between HSBC and payroll tax services vendor. Research tax laws and provide guidance to ensure compliant payroll tax policies. Advise stakeholders on best practices and emerging issues related to payroll tax. Assist with gathering and analyzing data for unemployment tax audits, proposed legislation, and legal entity inquiries. Serves as subject matter expert related to federal, state, and local payroll tax, as well as system testing. Support problem resolutions for employees and business partners. Ensure compliance with operational risk controls in accordance with HSBC and regulatory standards/policies. As our Human Resources Payroll Tax Specialist you will:
- Conduct quarterly review of Federal, State, Unemployment and Local Tax returns for accuracy
- Perform system checks and UAT testing to ensure proper setup of BSI tax updates, states, jurisdictions, limits, etc. within the SAP system
- Assist in IRS and State audits
- Act as liaison between company and payroll vendor tax services to ensure that tax payments are made timely
- Balance bi-weekly payroll taxes with payroll tax vendor
- Maintain HSBC internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators
- Assist with special projects and/or assignments within the department in relation to payroll taxes, systems, and processes
- Assist employees, team and HR with tax related inquiries
- Serve as expert in area of responsibility and identify areas for process improvement, increased automation and/or efficiency
- Coordinate, complete and review a broad range of complex processing, operational, customer service, legal and/or accounting-related specialized duties in support of assigned area.
- Resolve unusual issues, investigating their source to minimize or eliminate future occurrences
For this role, HSBC targets a pay range between $55,900 and $85,000. The final fixed pay offer will depend on the candidate and a number of variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location. At HSBC, our overall goal is to provide a competitive Total Reward Package, with an appropriate mix of fixed pay, and variable pay, as part of an employee's overall total compensation and benefits. Variable pay generally takes the form of discretionary, annual awards (sometimes referred to as a bonus ). Additionally, HSBC offers a wide range of competitive and flexible benefits designed to help you improve your health and well-being, finances, and lifestyle.
Requirements You'll likely have the following qualifications to succeed in this role:
- Bachelor's degree in one of the related fields or equivalent experience (i.e., Accounting, Business Administration, or related fields).
- Certified Payroll Professional (CPP) designation, or Fundamental Payroll Certification (FCP) a plus
- Minimum 3-5 years proven payroll tax, payroll generalist experience or equivalent experience
- Working knowledge and experience in payroll areas (i.e., US payroll, international payroll, tax, and employee equity
- Ability to work well independently in a high-volume environment
- Strong analytical, attention to detail, customer service, problem-solving, organizational, interpersonal, verbal, and written communication skills
- Proficient in Excel (i.e., Pivot Tables, VLOOKUPs, and other formulas). SAP - Employee Central Payroll experience preferred
In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the U.S. Applicants must be legally authorized to work in the U.S. as HSBC will not engage in immigration sponsorship for this position. As an HSBC employee, you will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow. We offer a competitive pay and benefits package including a robust Wellness Hub, all in a welcoming, diverse and inclusive work environment. You will be empowered to drive HSBC's engagement with the communities we serve through an industry-leading volunteerism policy, a generous matching gift program, and a comprehensive program of immersive Sustainability and Climate Change Initiatives. You'll want to join our Employee Resource Groups as they play a central part in life at HSBC, including the development of our employees and networking inside and outside of HSBC. We value difference. We succeed together. We take responsibility. We get it done. And we want you to help us build the bank of the future! All qualified applicants will receive consideration for employment without regard to age, ancestry, color, race, national origin, ethnicity, disability or medical condition, genetic information, military or veteran service, religion, creed, sex, gender, pregnancy, childbirth, caregiver status, marital status, citizenship or immigration status, sexual orientation, gender identity or expression or any other trait protected by applicable law.