Payroll Specialist

**Group Description**

At Magna, we create technology that disrupts the industry and solves big problems for consumers, our customers, and the world around us. We’re the only mobility technology company and supplier with complete expertise across the entire vehicle.

We are committed to quality and continuous improvement because our products impact millions of people every day. But we’re more than what we make. We are a group of entrepreneurial-minded people whose collective expertise gives us a competitive advantage. World Class Manufacturing is a journey and it’s our talented people who lead us on this journey.

**Role Summary**:
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.

**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 which can include garnishment processing, incentive payouts, and deferred incentive payments, stock options, hypo tax, shadow payroll reporting, and pension payrolls
- 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 yearend tax form amendments as required
- Preparing monthly, quarterly and annual reporting as required by various internal/external stakeholders such as Finance and Operations and Statutory Reporting as assigned
- 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

**Key Qualifications & Requirements**:

- 3 to 5 years processing large scale (2500+ employee) US and Canada payroll in a fast-paced environment
- expatriate/commuter payroll exposure is considered an asset
- Active PCP or FPC Designation or willingness to obtain designation
- 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

**Additional Information**:
Accommodations for disabilities in relation to the job selection process are available upon request.

**Awareness. Unity. Empowerment.**: