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Payroll Specialist

2 months ago


Toronto, Ontario, Canada Tundra Technical Solutions Full time
Job Summary

Tundra Technical Solutions is seeking a highly skilled Payroll Specialist to join our team. As a Payroll Specialist, you will be responsible for performing payroll processing services for employees, pensioners, and BOD, etc. including inputting, updating, and maintaining various computer systems.

Key Responsibilities
  • Payroll Processing
    • Prepare and process day-to-day payroll including all activities related to pay exits.
    • Run and review required validation and audit reports throughout the payroll processing cycle.
  • Payroll Inquiry
    • Handle Payroll inquiries per required SLAs.
  • Third Party Payments, Remittances, Communication, and Reporting
    • Verify, audit, and reconcile all deductions and payments and run required reports.
  • Payment Distribution
    • Run pay complete and settlement processes (e.g., journal entries).
    • Request Payroll account funding from Treasury.
    • Provide standard payroll reports in electronic format to other functions as may be reasonably requested.
    • Payroll Tax Reporting and Remittances
      • Document all reporting entities, prepare tax remittance/filings, perform tax reporting/remittance processes, prepare regulatory specific returns, file tax amendments, monitor Payroll tax filing regulatory changes etc.
      • Generate and send regulatory remittances.
    • Year-End Processing
      • Reconcile and balance pay results on a periodic basis for year-end reporting.
      • Review, audit, prepare, and distribute year end statements (T4, T4-A, RL-1, RL-2, etc.).
      • Support Payroll data pulls required for Payroll reconciliations.
    • Compliance Management / Data Integrity
      • Deliver payroll services in compliance with federal, provincial, and territorial legislation.
      • Generate variance/change reports to conduct quality control reviews or at the request LOBs and compare to the appropriate data sources to ensure the integrity, accuracy, and consistency of payroll data flow.
    • Banking, Remittances and Account Reconciliation
      • Prepare remittances and account reconciliations.
      • Analyze payroll data to ensure it is posted correctly to the GL and reconciled to reports/remittances.
      • Prepare job costing and payroll journal entries.
      • Support payroll audits to ensure payroll compliance.
      • Complete quarterly, annual, and ad hoc legislative report requirements.
      • Review the Payroll accounting function by proposing enhancements of accounting procedures.
      • Support Payroll verifications and audits.
      • Coordinate payroll reconciliation and audit efforts lead by Payroll/Finance, coordinate teams and data request within Payroll.
    • Continuous Improvement
      • Advocate for and participate in continuous improvement., identify possible trends, risks, and business improvements.
    • Special Projects
      • Support special projects in support of various payroll initiatives.
      • Perform other duties as required.