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Payroll Specialist
2 months ago
The Payroll Specialist will be responsible for the full cycle processing of assigned Canada and/or US payrolls, including participating in year-end activities, 3rd party remittances, garnishment set up, and payroll journal entries.
Key Responsibilities- Prepare and process assigned Canada and US payroll(s) 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.
- Balance assigned payrolls based on year-end calendars and participate in the audit of other payrolls as assigned.
- Initial garnishment set up.
- Prepare and reconcile 3rd party remittances as defined by due dates.
- Maintain accurate and up-to-date payroll records.
- Complete year-end balancing, filing, and delivery of T4s and/or W2s, and complete year-end tax form amendments as required.
- Prepare monthly, quarterly, and annual reporting as required by various internal/external stakeholders, such as Finance and Operations, and Statutory Reporting as assigned.
- Prepare payroll journal entries and reconcile payroll general ledger accounts as requested.
- Maintain complete and accurate Division notes and processing instructions (run books).
- 3 to 5 years of experience processing large-scale employee US and Canada payroll in a fast-paced environment.
- Active PCP or FPC Designation or willingness to obtain designation.
- Experience with Ceridian Dayforce required.
- Strong planning and organizational skills with proven ability to manage competing priorities, maintain sensitive and highly confidential information.
- Very detailed-oriented with a superior track record of achieving high-quality results.
- Advanced Excel skills for reporting, metrics, and data validation.
- Expatriate/commuter payroll exposure is considered an asset.
Magna is a mobility technology company built to innovate, with a global, entrepreneurial-minded team. With 65+ years of expertise, our ecosystem of interconnected products combined with our complete vehicle expertise uniquely positions us to advance mobility in an expanded transportation landscape.
What We OfferAt Magna, you can expect an engaging and dynamic environment where you can help to develop industry-leading automotive technologies. We invest in our employees, providing them with the support and resources they need to succeed. As a member of our global team, you can expect exciting, varied responsibilities as well as a wide range of development prospects.
Site BenefitsDetails on benefits will be provided during the recruitment process.
