Payroll Operations Specialist
24 hours ago
About Samsung
Samsung is a global leader in technology, innovation, and diversity. We take pride in our talented people who drive our continued success.
We want individuals who will add to our culture and make Samsung an even better place to work.
Job Summary
This role is responsible for ensuring the delivery of best-in-class payroll practices, policies, and processes for over 800 salaried employees across Samsung Canada entities.
The successful candidate will be a key member of the People team, working closely with the Shared Services Center and our payroll vendor Ultimate.
Responsibilities
Payroll Operations - 85%
- Prepare payroll and information for transmission to the Shared Services Center and Ultimate for timely and accurate processing of local and expatriate employees' pay.
- Maintain payroll and related documentation and information and produce a Payroll Summary each payroll cycle.
- Adhere to all timelines as outlined for the payroll processes.
- Reconcile all payroll account balances each pay prior to payment and submission, ensuring data integrity, accuracy of information, and reconciliation of data across systems (payroll and taxable benefits).
- Accountable for the thorough checking and review ensuring all changes/adjustments/taxable benefits for the pay are individually validated before the go-ahead to close.
- Review for non-exempt employees with exceptional hours to ensure compliance with employment standards.
- Compile overtime/standby/call-in analysis reports and communicate with managers.
- Continue to automate calculations and uploads to improve efficiency (incentive upload, benefit premium calculations, DPSP match, etc.).
- Remit monthly payments for Employer Health Tax, Worker's Compensation, and other statutory payments in a timely fashion.
- Reconcile Tax forms, WSIB, and Employer Health Tax Reports. Produce T2200 for all eligible employees annually.
- Manage various internal and external audits by proactively compiling complete binders of required data and providing answers to meet auditor's satisfaction.
- Point of contact for various external partners to ensure data accuracy and Samsung Canada compliance (i.e., CRA, Revenue Quebec, KPMG, Provincial Health, WSIB, CNEST, Service Canada, Service Ontario, etc.).
- Knowledge of full-cycle financial accounting, general ledger, accounts payable, and receivable, financial reporting, business performance analysis, financial budgeting, and information systems.
- Prepare year-end reports and documentation as required by both company management and government agencies.
- Liaise between People Team and Accounting departments regarding payroll.
- Manage payroll onboarding and offboarding for expatriates in conjunction with HRBPs to ensure smooth transition and acclimatization to Canada.
- Coordinate with CFO on international tax equalization net to gross calculation for expatriates and Canadian salary, bonuses, housing, etc.
- Payroll lead for global mobility (i.e., liaise with NAHQ, KPMG, Ultimate to establish split payroll functionality). Responding to routine benefit and payroll inquiries from staff as SME and research tax queries upon request.
- Keep abreast of Payroll legislative changes/trends and ensure Samsung Canada maintains compliant and current with best practices.
- Document all Payroll/Benefits/Savings programs processes and keep current at all times.
- Special projects as assigned.
Administer and maintain benefits through provider and conduct onboarding communication workshop to new hires.
Ensure all new hires are accurately set up for benefits and process benefits continuance for involuntary terminations.
Answer general employee questions and troubleshoot issues (i.e., enrollment, claims issues).
Acts as liaison with benefits and pension providers, various other vendors regarding administrative issues and other related benefit and pension inquiries.
Collect and analyze pension and benefit data for year-end projects, audits, and annual renewals.
Manage related systems issues, upgrades, and enhancements and work towards resolution.
Perform other duties and projects as assigned.
Compensation and Benefits
Estimated salary: CAD $80,000 - $110,000 per annum.
Benefits include:
- Fantastic employee discount on all Samsung products.
- Competitive salary and performance-based incentive plan for all levels.
- Employer-paid medical and dental coverage from day one.
- Group RRSP plan that helps you save for the future.
- Free on-site gym to get your sweat on.
- Subsidized cafeteria; including free Starbucks coffee/latte machine.
- Four-day in-office work schedule Monday through Thursday – with Friday remaining a flex day to work remotely.
- Tuition reimbursement to keep you learning/access to Samsung U for 24/7 online learning.
- Employee referral program – we want great talent like you.
- Virtual pet care to ensure the well-being and health of your beloved furry companions.
- Additional well-being days for better work-life balance.
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