Overview
POSITION SUMMARY STATEMENT:
The Tax Specialist will work with activities related to the monthly compliance of tax related items of the new services legal entities located in Mexico, including tax calculations, fulfillment of returns, preparation of information returns, tax accounting, etc. These positions will help to download all the data needed for reconciling all the payments to vendors, members, employee reimbursements, etc. as well as reconcile, analyze and report taxes. In addition, these Positions are responsible for helping with requirements of the Authorities in connection with the VAT refunds, offsetting of favorable tax balances, or field audits.
DETAILED RESPONSIBILITIES:
Monthly closing process:
Download trial balances
Prepare and book VAT reclassification journal entry
Review final trial balance
Tax Roll forward
Update into the system beginning and ending balances based on US GAAP TB
Enter transactions of the month (tax prepayments - income tax withheld by banks and Provisions)
Verify that the final balances are OK vs. TB.
HFN Management
Analyze accounting detail report.
Enter data in the Fundraising Report identifying income, expenses and transfers of funds. Send the following reports:
1) Accounting Report
2) HFF Account Analysis
3) HFF Reconciliation
4) Mexico HFF Inventory Report
5) Fundraising Details Master
6) Monthly Country Fundraising Report Master
7) Expense Invoices.
Determine and request the transfer of funds. Send the wire transfer receipt
Conciliations - Trintech System
Identify on Trintech platform accounts to report
Record the information of the account detail reports in the conciliation forma
Send the reconciliations to the accounting department along with its working papers
Other Conciliations
Conciliation of the VAT balances
Conciliation of other tax accounts
Withholding taxes
Download the account detail report for each withholding account
Reconcile the amounts recorded in accounting against cash flow to determine the amount to be paid
Tax prepayment




Download trial balance and account detail reports of the month
Elaborate work papers of calculation of taxes based on the information registered in accounting
Print tax calculations and prepare payment form and get approvals to pay tax prepayments
Submit the tax returns through the SAT's web page
Accounts Payable Paperwork
Download Oracle Reports
Request to Treasury the Bank Statements
Download and debug the summary report of payments to suppliers to validate the amount of VAT paid
Physical revision of all the invoices to verify tax requirements
Reconciled the expenses report of employees
Reconcile the gasoline expense to obtain the deduction
Reception and revision of payments made through AMEX (Telephony), as well as allocation of VAT bases per each rate
Attach the reconciled EBTA information
Attach the reconciled I- expenses information
Modify in the AP report the amounts of the leasing of cars, to consider only the deductible portion according to Law
EBTA (Electronic Business Travel Account – AMEX)
Ask the journal entries related to payments made through American Express
Reconcile the amounts of the Journal Entries vs accounts payable
Preparation and revision of the journal entries to identify what expenses and taxes correspond to SIH, Intercompany or Advance Payments
Generate VAT report and reconcile it vs the journal entries shared by accounting
Generate proof of filing "e-acknowledgment"
Generate bank pay line to request the corresponding funds to treasury
Prepare journal entries related to payment, offsetting, or accreditation of taxes
Annual Tax Return Support
Incorporate the trial balance of each month into the paperwork of the annual statement
Perform reconciliation of Intercompany account balances.



Identify non-deductible expenses
Update currency exchange rate
Identify the non-deductible expenses
Tax depreciation of fixed assets
Incorporate the additions and write-offs of fixed assets of the period into the working paper and reconcile balances vs. the TB
Calculate the tax depreciation
Calculate profit or loss on sale or write-off of assets
Determine the tax value of fixed assets for deferred tax calculation
Foreign investment national registry
Quarterly Report
Elaborate report when at the end of the quarter there is a variation of more than $ 20, 000,000 in the balances with related parties and capital
Submit a report through the website of the Ministry of Economy and obtain Acknowledgment of Receipt
Annual report
Prepare a report when the assets, liabilities, incomes or expenses are greater than $ 110,000,000
Submit the report within the portal of the Ministry of Economy. Get Acknowledgment
Annual Statutory Report for INFONAVIT
Job Qualifications
REQUIRED QUALIFICATIONS:
Skills:
Technical skills
Medium knowledge of Excel and tax calculations
Ability to perform a wide variety of tax activities of a broad scope
Provides information to peers and works with them inside and outside of the company. Conveys basic facts, detailed routine information
Soft skills
Teamwork collaboration; aligns work with people
Good problem resolution skills
Comfortable with ambiguity and remains balanced despite amount of work and deadlines
Demonstrated high ethical standards.
Works well with other teams/colleagues regardless of different points of view
Ability to propose improvements to the established processes
Languages:
Medium English
Experience:
1+ years of tax compliance experience, in a wide range of tasks related to taxes
Education:
Bachelor's Degree in Accounting
PREFERRED QUALIFICATIONS:
2+ years of experience
Demonstrated intermediate knowledge of Excel
Demonstrated advanced knowledge of Income Tax, VAT, Excise Tax, and Accounting

📌 Sr. Analyst, Tax (Jalisco)
🏢 Herbalife
📍 Jalisco