Payroll Specialist

3 days ago

Aurora, Ontario, Canada Magna International Inc. Full time

Job Summary: We are seeking a Payroll Specialist to process assigned Canada and US payrolls, including year-end activities, 3rd party remittances, and garnishment set up.

Magna is a mobility technology company that develops technologies, systems, and concepts to make vehicles safer and cleaner. We are a global, entrepreneurial-minded team with 65+ years of expertise.

About the Role

The Payroll Specialist will be responsible for the full cycle processing of assigned Canada and/or US payrolls, including participating in year-end activities, 3rd party remittances, garnishment set up, payroll journal entries, and maintaining accurate and up-to-date payroll records.

Your Responsibilities
  • Payroll Responsibilities:
    • Prepare and process assigned Canada and US payroll(s) on a weekly and bi-weekly basis for hourly and salaried employees in union and non-union environments.
    • Balance assigned payrolls based on year-end calendars, participate in audit of other payrolls as assigned.
    • Initial Garnishment set up.
    • Prepare and reconcile 3rd party remittances as defined by due dates.
    • Maintain accurate and up-to-date payroll records.
    • Complete year-end balancing, filing, and delivery of T4s and/or W2s, complete year-end tax form amendments as required.
    • Preparing monthly, quarterly, and annual reporting as required by various internal/external stakeholders.
    • Prepare payroll journal entries, reconcile payroll general ledger accounts as requested.
    • Maintain complete and accurate Division notes and processing instructions (run books).
  • General Responsibilities:
    • Support questions received in a manner that ensures employee satisfaction.
    • Participate in systems implementations related to payroll by defining requirements, participate in preparing test plans, and documenting test results.
    • Document and maintain processing instructions (run books) and maintain checklists for payroll processing.
    • Excellent problem-solving skills, and high level of attention to detail and accuracy.
    • Strong organizational skills and ability to handle and prioritize multiple tasks to meet deadlines.
Requirements
  • 3 to 5 years processing large-scale employee US and Canada payroll in a fast-paced environment.
  • Active PCP or FPC Designation or willingness to obtain designation.
  • Experience with Ceridian Dayforce required.
  • Strong planning and organizational skills with proven ability to manage competing priorities, maintain sensitive and highly confidential information.
  • Very detailed-oriented with a superior track record of achieving high-quality results.
  • Advanced Excel skills for reporting, metrics, and data validation.
Preferred Qualifications
  • Expatriate/commuter payroll exposure is considered an asset.
What We Offer

At Magna, you can expect an engaging and dynamic environment where you can help to develop industry-leading automotive technologies. We invest in our employees, providing them with the support and resources they need to succeed.

Awareness. Unity. Empowerment.

We believe that a diverse workforce is critical to our success. We are proud to be an equal opportunity employer, and we hire on the basis of experience and qualifications, regardless of color, ancestry, religion, gender, origin, sexual orientation, age, citizenship, marital status, disability, or gender identity.

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