Payroll Administrator

2 weeks ago

Waterloo, Canada Ontario Teachers Insurance Plan (OTIP) Full time

Company Description

OTIP (Ontario Teachers Insurance Plan) is a member-focused, service-driven organization. We are committed to putting our people first by fostering a positive and inclusive work environment, providing a competitive total compensation package and investing in career development. Our team is currently looking for an:
**Payroll Administrator (6 month contract) (Hybrid and remote options available)**

**Job Description**:
As a member of our Finance and Accounting team, your responsibilities will include:

- Maintaining payroll information. This includes collecting, calculating, and entering data into the payroll system, reconciling pension, benefits, donations and other payroll related remittances, and ensuring timely payment of amounts due.
- Preparing all salary related journal entries for entry into the general ledger. Updates payroll records in the payroll system including entering changes in salaries, exemptions, department/division transfers, and other payroll deductions.
- Maintaining knowledge of current payroll legislation. Follows policies and procedures to maintain payroll operations, reporting needed changes as required.
- Liaising with the Human Resources department and payroll provider to resolve complex payroll issues
- On a monthly basis reconciling all payroll general ledger accounts and preparing variance analysis for payroll and benefit expenses. Preparing monthly cost share journal entries and monthly reconciliations.
- Assisting Accountants with the preparation of salary budget information to support the budget process.
- Completing year-end audit schedules for various payroll general ledger accounts

**Qualifications**:
If this opportunity sounds interesting, and you meet the following requirements, you might be the person we’re looking for. We need someone who has:

- Grade twelve secondary school education.
- A minimum of two years’ experience in payroll.
- Completion of Canadian Payroll Association certification program (Payroll Compliance Practitioner is preferred).
- Knowledge of HRIS software and accounting packages such as Great Plains Dynamics.
- Exceptional communication skills and a demonstrated ability to deal effectively with all levels of internal and external stakeholders.
- Demonstrated ability to collect, compare and analyze all information and figures in great detail, while using creative and strategic approaches to solve complex problems and concepts.

Additional Information
**What we offer**:

- Competitive salary and bonus structure
- Industry-leading employer-paid group benefits that start on your first day
- Defined benefit pension plan
- 100% coverage of continuing education and licensing fees (including RIBO and AIC courses)
- Flexible work from home and hybrid options
- Opportunities for advancement
- OTIP and its group of companies strive to create an accessible and inclusive work environment where everyone is treated with respect and dignity. Upon individual request, we will endeavour to remove any barrier to the recruitment and selection processes and provide accommodations for persons with disabilities._
- As a business, we protect what matters most to our members. As an employer, we value what matters most in our workplace. Together, this includes fostering a diverse, equitable and inclusive environment for all. We are committed to learning and evolving so we can continue to celebrate what makes us special. You are who you are, and our differences are what make us unique._

LI-Hybrid #LI-Remote

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