Payroll and Benefits Manager

4 weeks ago


Toronto, Canada Banyan Software Full time

Banyan Software provides the best permanent home for successful enterprise software companies, their employees, and customers. We are on a mission to acquire, build and grow great enterprise software businesses all over the world that have dominant positions in niche vertical markets. In 2021 Banyan was named the #1 fastest growing private software company in the US on the Inc 5000. Founded in 2016 with a permanent capital base setup to preserve the legacy of founders, Banyan focuses on a buy and hold for life strategy for growing software companies that serve specialized vertical markets.

**Description of the Role**:
This is an exciting and entrepreneurial opportunity to lead our Payroll and Benefits team. This professional will oversee payroll processing and benefits for 700+ employees in Canada, US, UK, Australia, and New Zealand amongst other countries.

The Payroll and Benefits Manager is responsible for the execution of payroll processing, administrative activities supporting benefits programs, maintenance of company records supporting financial and regulatory requirements, and generation/monitoring of key reports supporting benefits.

There are four key functional responsibilities associated with this position: Payroll Processing, Benefits Administration, Maintenance of Key Master Files supporting benefits and payroll processing, and Compliance Reporting and Reconciliations.

The nature of the responsibilities will make available to this position confidential information relating to the company, senior executives and staff members. Due to the nature of the access to information, this position requires a high degree of confidentiality and security of records maintained.

**Responsibilities**:

- Perform all required entries / submissions and processes necessary to execute on payroll runs company-wide
- Liaise with operating companies, leadership, and with external agencies to ensure accuracy and adherence to payroll policies and procedures
- Interfaces with payroll service provider to ensure accuracy of payroll
- Lead integration efforts of acquired employees on relevant payroll and benefit platforms
- Play a key role in negotiating and renewing benefit programs annually
- Process improvement and automation to increase efficiency
- Assist the finance team in preparation of payroll and benefit journal entries

**Requirements**:

- Minimum 5 years hands-on payroll and benefits experience in Canada and the United States (multi-state)
- Certified Payroll Professional (CPP), Certified Payroll Manager (CPM) or similar designation
- Expert working knowledge of Ceridian
- Experience integrating acquisitions from different payroll providers and combining benefit plans is a plus
- Perseverance and high standards to ensure payroll accuracy
- High service orientation while maintaining confidentiality in all aspects
- Strong organizational skills, including effective time management and ability to work in a fast-paced environment
- Proficient in MS Office (especially Excel)
- Highly motivated and energetic with interest in entrepreneurship and software are a bonus
- Banyan Software is committed to equity in its policies, practices, and programs. We are committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment._



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