Pension Payroll Specialist

**Pension Payroll Specialist (Hybrid)** The Ontario Pension Board (OPB) administers the Public Service Pension Plan (the PSPP), a major defined benefit pension plan sponsored by the Government of Ontario. With 100,000 members and $34 billion in assets, the PSPP is one of Canada’s largest pension plans. It is also one of the country’s oldest, successfully delivering the pension promise since the early 1920s. Learn more about OPB. Reporting to the Manager, Pension Payroll, the Pension Payroll Specialist will be responsible for the timely, accurate and confidential handling of Global pension payroll to all OPB retired members clients, non-residents, and residents (approx. 42,000 plus clients and $130 million+) primarily processing the off-cycle payrolls (minimum of 2 times a month) and back up to the other payroll runs. You will ensure the accuracy of associated tax withholdings based on their country of residence, health benefits deductions, and regulatory reporting impacts for both non-resident and resident clients. Additionally, you will ensure alignment between OPB's client systems and the third-party payroll vendors and government agencies. You will handle all government reporting and calculations related to these tasks that include, but not limited to, expense reports and other accounting functions for the organization while ensuring that regular reporting is done on a consistent and accurate basis. **Key Responsibilities**: - Prepare, and process two weekly payroll runs (off-cycle payroll runs) per month, after the monthly payroll run. Additional weekly runs upon request. Payrolls consist of minimum of four Pension "companies" that include 15 or more sub-groups - Support the analysis of preliminary output (pre-payroll) to ensure payroll amounts are consistent with expectations and agree with client systems. - Work with IT to ensure that any data discrepancies are addressed and corrected. - Support the analysis of payroll, creating a preliminary breakdown of the payroll components for reconciliation and journal entry to feed to the accounting system. - Prepare, process, and maintain regular, special, and supplemental payrolls to ensure pension payments are accurate and timely. - Review payroll processing for accuracy, identify discrepancies, make corrections, and resolve problems, as necessary. - Book payroll journal entry. - Process the monthly payrolls as required to back up Pension Payroll lead. - Partner with the Pension Payroll Lead to develop and implement controls, policies, and procedures to ensure payroll activities are compliant with legislation and business policies. - Partner with the Payroll Lead to develop and implement payroll and benefits processing and administration structure. - Partner with the Pension Payroll Lead to manage the preparation and ensure the accuracy of periodic payroll tax filing and remittances through ADP. - Manage the payroll data and ensure accuracy and compliance with company and government regulations. - Assist in year-end preparations, including the development of the pension payroll payroll calendars. - Support pension payroll activities including payroll submission, government remittance and regulatory compliance, record keeping and tax slips amendments. - Prepare various payroll and management reports and support Finance with reconciliation of pension payroll data. - Conduct various payroll tax analyses, account maintenance, audit/actuarial support analyses. - Perform monthly payroll analytics for client services area; preparing various payroll data regularly, including monthly, weekly, annually, and on demand basis, participating in the generating, scheduling, validation, and circulation of all production system reports, etc. - Support projects involving pension payroll administration, payroll processing, and various operational tasks **Key Qualifications**: - Completion or working towards the completion of a professional designation such as, Payroll Compliance Practitioner (PCP) or Payroll Leadership Professional (PLP). - A minimum 2-3 years’ experience in the processing of a Canadian payroll for a medium size organization. - Knowledge and understanding of Pension payroll requirements and relevant provincial tax and regulations is an asset. - Experience and familiarity working with ADP payroll system or equivalent. - Thorough understanding and knowledge of federal and provincial remittance requirements. - Good organization, planning and analytical skills; good project management skills. - Driven and results oriented - focused and disciplined, attention to detail; ensuring accuracy and completeness of work. Highly organized to manage multiple tasks and deadlines. - Solid written and verbal communication skills with the ability to effectively interact and communicate with all levels of employees, internal and external partners as applicable. - A people-first focus with a desire to develop meaningful, positive relationships across all levels. Excellent int