Payroll Lead

3 weeks ago

Aurora, Canada Magna International Full time

**Job Number**: 53821
**Group**: Magna Corporate
**Division**: Magna IT Canada - Aurora East

**Job Type**: Permanent/Regular
**Location**: AURORA

**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 North America Payroll Lead will be responsible for the processing of assigned Canada and US payrolls and other payroll initiatives such as leading year-end and compliance activities, project support, and process documentation.

**Key Responsibilities**
- Prepare, process and balance assigned Canada and US payroll 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
- Maintain accurate and up-to-date payroll records
- Lead full cycle year end activities, support team members by running reports for reconciling and completing T4s and W2s, and ensuring they are distributed accurately and on time
- Accountable for leading monthly, quarterly and annual reporting as required by various internal stakeholders such as Finance and Operations
- Work with internal stakeholders to develop/document/improve payroll processes as needed and maintain process changes
- Manage statutory reporting requirements
- Accountable for maintaining payroll general ledger account structure, advising payroll team on accounting treatment for complex payroll transactions in collaboration with Finance
- Audit payroll master data, calendars, earnings and deduction codes, GL as required
- Maintain complete and accurate Division notes and processing instructions (run books) for assigned payrolls
- Participate in systems implementations related to payroll by defining requirements, participate in preparing test plans, and documenting test results
- Document and maintain processing instructions, SOPs, and prepare checklists for the payroll system and business processes, including training material

**Key Qualifications/Requirements**
- At least 5 years processing large scale US and Canada payroll (at least 2500 employees)
- Expatriate/commuter payroll exposure
- Experience leading a team in any environment is an asset
- Active PCP or FPC designation required, working towards CPM/CPP an asset

**Skills and Competencies**
- Strong planning and organizational skills to meet deadlines with proven ability to manage competing priorities
- Maintain sensitive and highly confidential information
- Detail oriented with a superior track record of achieving high quality results
- Advanced Excel skills for reporting, metrics, and data validation
- Ability to foster effective working relationships at all levels internally and with external partners
- Experience leading a team through transition and efficiency processes

**Additional Information**

Accommodations for disabilities in relation to the job selection process are available upon request.

**Awareness. Unity. Empowerment.**

**Salary**: From $85,000.00 per year

**Benefits**:

- Company events
- Dental care
- Disability insurance
- Employee assistance program
- Extended health care
- Life insurance
- On-site parking
- Paid time off
- Profit sharing
- RRSP match
- Tuition reimbursement
- Vision care
- Work from home

Schedule:

- 8 hour shift
- Monday to Friday

Supplemental pay types:

- Bonus pay

Ability to commute/relocate:

- Aurora, ON: reliably commute or plan to relocate before starting work (preferred)

**Experience**:

- Payroll: 5 years (preferred)

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