Manager, Payroll

3 weeks ago

Toronto, Canada Home Trust Company Full time

Company Profile

Home Capital Group Inc., together with its operating subsidiary Home Trust Company, has developed a track record of success as Canada’s leading alternative lender, employing nearly 800 people in our Toronto headquarters and branches across the country. Building on the demonstrated strength of our core residential and commercial mortgage lending business, the Company and its affiliates also offer complementary lending services and competitive deposit investment products. Our culture has been shaped by the passion and integrity of our people. Home Trust is a wholly-owned subsidiary of Home Capital Group, trading on the TSX under the symbol HCG.

Position Responsibilities

Oversight of Payroll Processing (40%)

Manage the bi-weekly disbursement of multi-province payroll via ADP, including garnishments, benefits, tax and other source deductions (consistent with federal and provincial payroll legislation), contributions to RRSP and/or share purchase plan, employee expense reimbursement etc.
Process incentive payments to ensure accuracy and timeliness of payments (includes compliance relevant instructions such as rolling amounts into RRSPs)
Ensure new hires, hourly employees, employee transfers, promotions, terminations etc. are processed accurately and timely
Maintain severance payment schedule, prepare relevant entries for severance accrual and ensure severance payments are accurately processed
Ensure that relevant information received from the Human Resource department is approved and on captured on the designated form
Ensure payroll remittances are prepared accurately and filed in accordance with regulatory deadlines
Manage execution of all year end reporting and filing requirements including T4s, Releve1s, Employee Health Tax reports etc.

Management, Coaching and Counselling (15%)

Provide direct management to the payroll administrator which includes reviewing the administrator’s work, ensuring procedures and controls are being followed and work load is appropriately balanced
Provide effective and continuous performance feedback along with coaching and counselling.

Liaison to Internal and External Partners or Government Agencies (20%)

**Serve as primary liaison to**:
Company’s external payroll provider (ADP)
Government agencies such as Canada Revenue Agency, Service Canada
Human Resources department on all payroll matters
External and internal auditors on payroll matters which includes preparing or providing requested audit evidence
Other departments with respect to payroll related inquiries and relevant management reporting
Individual employees pertaining to specific payroll-related questions (or supervise payroll administrator in addressing employee inquiries)

Provide Payroll Expertise (15%)

Provide payroll expertise to Human Resources department and other departments as needed
Identify and implement continuous improvement opportunities
Utilize payroll expertise to help assess the current state of the payroll function and to develop a plan to transform and modernize the payroll function over the next few years and lead execution of this plan

Payroll Accounting (10%)

Support the accounting processes pertaining to payroll (ie required manual journal entries, reconciliations etc.) by providing required source information to Finance colleagues (masking employee names and individual employee level confidential information as appropriate)
Assist in payroll related variance analysis
Address or investigate payroll related questions as they pertain to financial reporting
Formal Education
Post secondary degree or diploma required (University degree preferred) in Accounting, Finance or equivalent or Business or equivalent
Certification(s)/Designation(s) preferred in Payroll
Related Experience
Minimum 10 years of relevant payroll experience
CPM designation,
Strong interpersonal relationship building and listening skills
Negotiation and influencing skills
Excellent organizational, time management, strategic thinking, research/ analysis skills and attention to detail
Excellent written / verbal communication and professional maturity

**Skills**:Position Complexities
Acknowledgement

All employees of Home Capital Group Inc. must comply with all applicable Home Capital Group Inc, Home Trust Company, and specific Line of Business policies, standards, guidelines and controls. Additionally, all employees are obligated to become familiar with Home’s risk management framework and understand the operational risk management requirements within their specific business. Employees are also expected to understand and comply with the Company’s Code of Conduct & Ethics Policy at all times and escalate any issues or concerns through various reporting channels (i.e. Ombudsman, Compliance Hotline, Whistleblower Policy, etc).

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