Payroll and Tax Reimbursement Associate
Location: Washington, D.C.
The IDB Group is a community of diverse, versatile, and passionate people who come together on a journey to improve lives in Latin America and the Caribbean. Our people find purpose and do what they love in an inclusive, collaborative, agile, and rewarding environment.
About this position
Are you proficient in payroll, taxation, financial processes, systems, and controls? Can you see yourself assuming the role of managing a variety of tasks related to payroll, tax reimbursement, and control functions, while also playing a key role in implementing and consolidating payroll and tax processes in SAP?
This position is a part of the Payroll and Tax Reimbursement Team within the Compensation, Benefits, and HR Services Division of the Human Resources Department. Our team is tasked with administering payroll tax reimbursements for staff and retirees of the Bank worldwide.
What youโll do:
Execute payroll and tax related activities for employees and retirees of the IDB Group, ensuring timeliness and compliance with our policies and procedures. Prepare payroll calendar, communicate it to key partners from multiple teams, and coordinate validation controls are consistently performed and documented. Identify and analyze discrepancies or inconsistencies in payroll inputs provided by other groups and works with them to resolve such differences within the payroll deadlines and maintaining the highest standards of quality and customer service. Ensure payroll transactions are posted in the general ledger timely and accurately. Prepare periodic reconciliations, analyze and resolve discrepancies, and perform root-cause analyses to implement solutions to prevent errors from re-occurring. Prepare and verify reports, reconciliations, and controls to ensure the accuracy and integrity of the payroll and tax payments for Headquarters and all Country Offices. Act as subject matter expert on payroll matters, respond to inquiries from employees in HQ and Country Offices, as well as retirees or other clients. Support the implementation of new Bank policies and procedures that affect payroll, taxes, and related reporting activities, by participating in the design, testing and implementation of system enhancements. Support with the preparation of payroll and taxes information for IDB Invest, internal and external auditors and other internal Bank units. Participate in the execution of remediation plans and activities, as applicable.What you'll need
Key skills
Learn continuously Collaborate and share knowledge Focus on clients Communicate and influence Innovate and try new thingsRequirements
Citizenship: You are a citizen of one of our 48-member countries. We may offer assistance with relocation and visa applications for you and your eligible dependents. Consanguinity: You have no family members (up to the fourth degree of consanguinity and second degree of affinity, including spouse) working at the IDB, IDB Invest, or IDB Lab.Type of contract and duration
International staff contract, 36 months initially, renewable upon mutual agreement.What we offer
The IDB Group provides benefits that respond to the different needs and moments of an employeeโs life. These benefits include:
Our culture
At the IDB Group, we work so everyone brings their best and authentic selves to work, willing to try new approaches without fear, and where they are accountable and rewarded for their actions.
Diversity, Equity, Inclusion, and Belonging (DEIB) are at the center of our organization. We celebrate all dimensions of diversity and encourage women, LGBTQ+ people, persons with disabilities, Afro-descendants, and Indigenous people to apply.
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job interview process. If you are a qualified candidate with a disability, please e-mail us at diversity@iadb.org to request reasonable accommodation to complete this application.
Our Human Resources Team reviews carefully every application.
About the IDB Group
The IDB Group, composed of the Inter-American Development Bank (IDB), IDB Invest, and the IDB Lab, offers flexible financing solutions to its member countries to finance economic and social development through lending and grants to public and private entities in Latin America and the Caribbean.
About IDB
The Inter-American Development Bank is devoted to improving lives. Established in 1959, the IDB is a leading source of long-term financing for economic, social, and institutional development in Latin America and the Caribbean. The IDB also conducts cutting-edge research and provides policy advice, technical assistance, and training to public and private sector clients throughout the region.
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https://twitter.com/the_IDB Additional Information
External Opening Date: Apr 3, 2024 External Closing Date: Apr 24, 2024 External Contact Email: hrsc@iadb.org Job Field: Human Resources