Payroll Lead

1 month ago


Aurora, Ontario, Canada Magna Full time
About the Role

We are seeking a highly skilled Payroll Lead to join our team at Magna. As a key member of our payroll team, you will be responsible for the processing of assigned Canada and US payrolls, as well 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.
  • Lead full cycle year-end activities, including 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.
  • Maintain payroll general ledger account structure, advising the payroll team on accounting treatment for complex payroll transactions in collaboration with Finance.
  • Participate in systems implementations related to payroll, defining requirements, 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 of experience 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.
What We Offer

At 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 Benefits

Details on benefits will be provided during the recruitment process.

Awareness. Unity. Empowerment.

At Magna, we believe that a diverse workforce is critical to our success. That's why we are proud to be an equal opportunity employer. We hire on the basis of experience and qualifications, and in consideration of job requirements, regardless of, in particular, color, ancestry, religion, gender, origin, sexual orientation, age, citizenship, marital status, disability, or gender identity. Magna takes the privacy of your personal information seriously. We discourage you from sending applications via email to comply with GDPR requirements and your local Data Privacy Law.



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