Senior Compensation and Benefits Specialist

6 days ago

Markham, Ontario, Canada Mobis Parts Canada Corporation Full time

Job Summary

We are seeking a highly skilled Senior Compensation and Benefits Specialist to join our team at Mobis Parts Canada Corporation.

About the Role

This is a senior-level position that requires a deep understanding of compensation, benefits, payroll, and pensions. The ideal candidate will have a minimum of 7+ years of experience in payroll and 3+ years of experience with Dayforce automation.

Key Responsibilities

  • Provide expert advice on compensation, benefits, payroll, and pensions to management and employees.
  • Oversee the classification and rating of occupations for compensation purposes.
  • E nsure compliance with legislation such as the Pay Equity Act.
  • Administer compensation and benefits programs that align with performance expectations.
  • Analyze and modify compensation and benefits policies to establish competitive programs and ensure compliance with legal requirements.
  • Develop and/or administer special projects in areas such as pay equity, benefit programs, and employee awards.
  • Coordinate the payroll process with other departments for the purpose of delivering services in compliance with established guidelines.
  • Liaise with wellness and benefit vendors to acquire and coordinate services.
  • Advise on assigned payroll activities and/or program components for the purpose of ensuring effective department functioning, coordinating activities and ensuring compliance with established financial, legal and/or administrative requirements.
  • Assist in developing and monitoring automated fiscal systems for the purpose of analyzing, maintaining and providing information regarding assigned funds.
  • Determine and correct any out-of-balance conditions.
  • Examine automated system outputs such as registers and standard reports.
  • Prepare and oversee the preparation of payroll-related documents (e.g., invoices for overpayments, retirement plan transfers, payroll register, stop payments, workers' compensation cheques, etc.) for the purpose of documenting activities and issues, meeting compliance requirements, and providing audit references.
  • Reconcile account balances for the purpose of maintaining accurate account balances and complying with related policies, practices and/or regulations.
  • Research discrepancies of payroll information and/or documentation (e.g., time sheets, leave time, etc.) for the purpose of ensuring accuracy and adherence to procedures prior to processing.
  • Inform personnel and/or carriers and/or financial institutions regarding required documentation and/or procedures for the purpose of conveying information necessary to complete transactions.
  • Compile data from a wide variety of sources (e.g., time sheets/payroll, salary adjustments, tax deposits, etc.) for the purpose of analyzing issues, ensuring compliance with mandated requirements, and/or monitoring program components.
  • Verify a variety of payroll-related information (e.g., time sheets, direct deposits, wage attachments, benefits, etc.) for the purpose of ensuring accurate distribution of funds and payroll.
  • Maintain a wide variety of payroll information, files, and records in written and electronic formats for the purpose of providing an up-to-date reference and audit trail for compliance.
  • Communicate with internal and external parties (city/provincial/federal agencies, etc.) for the purpose of ensuring accurate processing of payroll deductions/garnishments.
  • Respond to written and verbal inquiries for the purpose of providing information and/or direction.
  • The role will also be responsible for updating and automating our Dayforce system and other projects.
  • Other duties as required.

Requirements

  • A degree in a field such as Payroll or Accounting.
  • PCM and CHRP designation preferred.
  • Minimum of 7+ years working experience in Payroll.
  • Minimum of 3+ years with Dayforce Automation.
  • Proven ability to build strong working relationships, internal and external to the organization.
  • Strong knowledge of payroll systems, internal controls, and management.
  • Advanced proficiency with Dayforce accounting software and payroll programs and applications.
  • Knowledge of audits, income tax forms, car lease programs, health benefits programs, sick pay, retirement plans, and so on.
  • Good knowledge of accounting, general/bought/sales ledger, journal entries, and bookkeeping experience.
  • Ability to prepare ad hoc reports using Microsoft Excel.
  • A flexible team player with a proven ability to work successfully in a matrix reporting environment.
  • Demonstrated knowledge of change management.
  • Ability to develop and implement strategies.
  • Effective communication skills with individuals at all levels of the organization.
  • Computer literacy, including effective working skills of MS Word, Excel, PowerPoint, and email required.

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