Job Application for Payroll Specialist at Lacias

We are seeking a detail-oriented Payroll Specialist to manage the end-to-end payroll cycle, ensuring efficiency, professionalism, and strict compliance with local labor and tax laws. This role is critical for accurate financial reporting and exceptional employee support.
Key Responsibilities

Accurate Payroll Execution: Manage the complete bi-weekly/monthly payroll cycle, ensuring precise calculation of base salaries, overtime (OT), variable compensation, and benefits.
Compliance & Reporting: Process and remit all mandatory deductions (Social Security – CSS, Income Tax – ISR, Education Insurance) and authorized personal deductions (loans, garnishments). Prepare and submit timely government contribution reports.
Employee Service: Serve as the primary professional point of contact for all employee payroll inquiries, providing clear explanations on payments, legal deductions, and leave balances (vacation, sick days).
Financial Integrity: Prepare payroll-related journal entries and perform monthly reconciliation of payroll accounts, ensuring data accuracy for the General Ledger.
Leave Management: Accurately manage and track employee leave balances (vacation, sick leave, disability) and calculate correct accruals and payouts.

Requirements

Proven experience in end-to-end payroll processing and variable compensation calculation.
Strong knowledge of local labor and fiscal regulations (Panama/specific region).
Experience with payroll systems and accounting software (e.g., ERP).
Exceptional attention to detail and commitment to confidentiality.
1.2 years of experience

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Payroll Specialist

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