Senior Payroll Specialist

2 months ago

Aurora, Ontario, Canada Magna International Inc. Full time
About the Role

The North America Payroll Lead will be responsible for the processing of assigned Canada and US payrolls and other payroll initiatives such as leading year-end and compliance activities, project support, and process documentation.

Your Responsibilities


• Prepare, process and balance assigned Canada and US payroll 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

• Lead full cycle year end activities, support team members by running reports for reconciling and completing T4s and W2s, and ensuring they are distributed accurately and on time

• Accountable for leading monthly, quarterly and annual reporting as required by various internal stakeholders such as Finance and Operations

• Accountable for maintaining payroll general ledger account structure, advising payroll team on accounting treatment for complex payroll transactions in collaboration with Finance

• Participate in systems implementations related to payroll by defining requirements, participate in preparing test plans, and documenting test results

• Document and maintain processing instructions, SOPs, and prepare checklists for the payroll system and business processes, including training material

Requirements


• At least 5 years processing large scale US and Canada payroll (at least 2500 employees)

• Expatriate/commuter payroll exposure

• Experience leading a team through transition and efficiency processes

• Advanced Excel skills for reporting, metrics, and data validation

• Strong planning and organizational skills to meet deadlines with proven ability to manage competing priorities

• Ability to foster effective working relationships at all levels internally and with external partners

Preferred Qualifications


• Experience leading a team in any environment is an asset

• Active PCP or FPC designation required, working towards CPM/CPP an asset

• Maintain sensitive and highly confidential information

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