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Payroll Specialist in GL Accounting

3 months ago


Aurora, Ontario, Canada Magna Full time

About Us

At Magna, we envision a future where mobility is unrestricted. Our mission is to develop innovative technologies and systems that enhance vehicle safety and environmental sustainability, ultimately benefiting our communities and the planet.

Company Overview

Magna stands as a leader among global automotive suppliers, functioning as a mobility technology enterprise committed to innovation. With over 65 years of experience, our interconnected product ecosystem and comprehensive vehicle expertise position us uniquely to propel advancements in mobility across diverse transportation landscapes.

Position Overview

We are in search of a meticulous Payroll Specialist with a robust foundation in General Ledger (GL) and accounting methodologies. The successful candidate will possess practical experience with Ceridian Dayforce and will be skilled in managing payroll accounting and reconciliation tasks.

Key Responsibilities

Payroll Management and Accounting:
• Supervise payroll transaction processing within Ceridian Dayforce.
• Ensure precise GL entries associated with payroll and address any discrepancies.
• Prepare journal entries related to payroll and assist in month-end closing procedures.

Data Analysis and Reporting:
• Evaluate payroll data for accuracy and thoroughness.
• Create management reports, including variance analyses and payroll summaries.
• Facilitate internal and external audits by supplying required payroll data and documentation.

Regulatory Compliance and Reconciliation:
• Uphold compliance with federal, state, and local payroll tax regulations.
• Reconcile payroll accounts to guarantee accurate financial transaction recording.
• Collaborate with the accounting department to integrate payroll data into financial systems.

System Oversight:
• Employ Ceridian Dayforce for all payroll-related functions.
• Work alongside IT and HR to improve payroll system capabilities and efficiencies.
• Engage in system upgrades and testing to promote ongoing enhancements.

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related discipline.
• At least 3 years of experience in payroll processing and accounting.
• Proficient in Ceridian Dayforce with a solid understanding of payroll best practices.
• Strong grasp of General Ledger accounting and financial reporting.
• Exceptional analytical, organizational, and problem-solving abilities.
• Advanced skills in Microsoft Excel.

Preferred Qualifications

• Experience in the manufacturing sector is advantageous.

What We Offer

At Magna, you will find a stimulating and dynamic workplace where you can contribute to the development of cutting-edge automotive technologies. We are committed to investing in our employees, providing the necessary support and resources for success. As part of our global team, you will encounter diverse responsibilities and numerous opportunities for professional growth, as we believe your career journey should reflect your individuality.

Benefits Overview

A comprehensive overview of our benefits will be shared during the recruitment process.

Diversity and Inclusion

At Magna, we recognize that a diverse workforce is essential to our success. We are proud to be an equal opportunity employer, hiring based on experience and qualifications without regard to color, ancestry, religion, gender, origin, sexual orientation, age, citizenship, marital status, disability, or gender identity. We prioritize the privacy of your personal information and adhere to GDPR requirements and local Data Privacy Laws.