Payroll Specialist

2 months ago

Toronto, Canada CIRO OCRI Full time

**Position Title: Payroll Specialist**

**Department**:Finance**

**Location: Toronto**

**Status**:Permanent, Full-time (Hybrid)**

**Day in the life of**:
As a Payroll Specialist at CIRO, you report to the Finance team while working closely with the Human Resources team and other internal stakeholders to ensure that all payroll-related processes and procedures are followed accurately and on time.

To be successful as a payroll specialist, you should be able to investigate and resolve payroll issues and ensure strict compliance with company and regulatory standards, with a high degree of people skills and numerical aptitude.

**Core Responsibilities**:

- Administer payroll in compliance with provincial regulatory bodies and CIRO policies.
- Ensure the accurate processing of semi-monthly payroll in UKG Pro (formerly Ultipro), ensuring effective and timely processing of all new hires, changes and departure related payments, and prorated calculations as may be required.
- Calculation and preparation of payroll taxes, benefits and monthly remittances, including corporate pension contributions and third-party payments.
- Preparation of payroll journal entries from payroll system
- Monthly reconciliation of payroll and benefits
- Reconciliation of year-end tax slips and government reporting.
- Internal audit of changes inclusive of pay amounts, banking, tax and third party interface files.
- Support external audit by providing payroll documentation as requested
- Support HR annual compensation processes related to merit increases, annual bonus payments and RRSP transfers.
- Maintain and update documentation regarding payroll processes and controls
- Champion continuous improvement initiatives pertaining to payroll processes and controls
- Partner with Human Resources on resolving payroll-related issues
- Key contact with UKG for processing support and employee inquiries
- Other tasks as assigned

**Skills and Competencies**:

- Minimum 5 years of experience in processing payroll
- Post-secondary education in business administration or equivalent
- Payroll Practitioner certification required
- Knowledge of UKG Pro payroll platform an asset
- Subject matter expert on payroll rules and regulations governing all aspects of Canadian Provincial payrolls
- Knowledge of Employment Standards
- Excellent Microsoft Excel and Word skills
- Excellent communication and interpersonal skills
- Strong problem-solving and process improvement skills

**What we offer**:

- Competitive base salary in alignment with market
- Performance based bonus
- Hybrid work environment
- Employer paid Health Benefits and Spending Account that offer flexibility to meet your individual or family needs as of day one.
- Defined Contribution Pension Plan with company matching that starts on your first day of employment.
- Paid flex days and sick days
- Vacation days
- MLOA/PLOA top up Paid continuous learning and continuing development as well as designation.

**Why the Canadian Investment Regulatory Organization (CIRO)**:
**Our purpose and our impact**:
With offices across Canada - from Vancouver to Montreal, our mission is to promote healthy capital markets by regulating fairly and effectively so that investors are protected and confident investing in their futures. As a regulator, we understand that we are all investors. Therefore, a career with us is a career with purpose, protecting our future. Our mission is to serve Canadians by overseeing investment and mutual fund dealers as well as trading activity on Canada’s marketplaces to ensure safe and equitable trading and investments. As regulators, we understand that we are all investors, and therefore a career with us is a career with purpose protecting our future.

**Culture and Working Environment**:
Life at CIRO is purpose and performance
- driven. We foster an inclusive culture where teamwork, a forward-thinking attitude, and integrity are at the core of everything we do. This creates an environment where employees thrive, grow, and are empowered to learn and contribute their best.

Joining CIRO means becoming part of a dynamic and transparent organization that values accountability and is committed to maintaining the highest standards of regulatory oversight in the financial industry.

Looking for a career where you can safeguard the integrity of Canadian markets? Join CIRO and be part of the team that secures our financial future.

**Our Commitment**:
CIRO is an equal opportunity employer and is committed to providing employment accommodation in accordance with the Ontario Human Rights Code and the Accessibility for Ontarians with Disabilities Act, 2005 (AODA). CIRO will provide accommodation to job applicants with disabilities throughout the recruitment process. Should you require accommodation, please contact Human Resources.

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