Banco Plata

Head of Payroll

Banco Plata  •  Mexico (Onsite)  •  4 hours ago
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Job Description

The primary focus of this role is to lead Payroll operations in Mexico, ensuring accurate, timely, and compliant payroll delivery while supporting a rapidly growing organization.
Today, the role oversees payroll for approximately 310 HQ employees and 4,300 Operations employees in Mexico. As the business continues to scale, both the team and payroll population are expected to grow, making process optimization, automation, and strong operational leadership critical.
Over time, this role may expand to a broader LATAM scope, depending on the candidate's experience, business priorities, and regional growth.

Challenges that await you:
  • Lead the Mexico Payroll team (currently 9 people), developing the team and ensuring high operational standards.
  • Own payroll delivery for Mexico HQ and Operations, ensuring accuracy, compliance, and on-time execution.
  • Partner closely with HR Business Partners, Finance, Legal, managers, and Payroll Analysts to resolve complex payroll matters and provide business support.
  • Continuously improve payroll processes, strengthen controls, and identify opportunities for automation and scalability.
  • Build processes that support a fast-growing organization while minimizing operational and compliance risks.
  • Explain complex payroll calculations and legislation in a simple and practical way to managers and stakeholders.
  • Support the future development of payroll operations across LATAM when appropriate.
What makes you a great fit:
  • Strong hands-on payroll expertise, particularly in Mexico payroll
  • Experience leading payroll teams in a fast-paced environment.
  • Deep understanding of payroll legislation, taxes, labor law, and compliance.
  • Strong stakeholder management and communication skills.
  • A proactive mindset with a passion for improving processes rather than simply maintaining them.
  • Ability to simplify complex payroll topics for non-payroll audiences.
  • Strong ownership, sound judgment, and the ability to work independently.
  • Fluent English.

Our ways of working:

  • Innovative Spirit A commitment to creativity and groundbreaking solutions.
  • Honest Feedback valuing open, transparent communication.
  • Supportive Team a strong, collaborative community.
  • Celebrating Achievements recognizing our wins together.
  • High-Tech Environment: a team full of smart and revolutionary people who date to challenge the status quo of incumbent finances.
Banco Plata

About Banco Plata

Banco Plata is the fastest-growing financial institution in Latin America and the largest private digital bank by customer volume. In just three years, we achieved a $5 billion valuation and reached 4 million active customers.

With over $2 billion raised in debt and equity, Plata—the U.S.-based holding company of Banco Plata—has surpassed $600 million in annualized revenue.

Banco Plata has built a fully integrated technology ecosystem, including a proprietary core banking system, CRM, and a customer-centric app designed to simplify the financial experience. This is powered by 800 in-house developers and more than 3,000 frontline customer service professionals.

Industry
Finance & Insurance
Company Size
1,001-5,000 employees
Headquarters
Mexico City, MX
Year Founded
2023
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