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Payroll Specialist
2 months ago
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.