Job Responsibilities:
The Payroll Specialist will be responsible for the full cycle processing of assigned Canada and/or US payrolls including participating in year-end activities, 3rd party remittances, garnishment set up, payroll journal entries.
Your Responsibilities
Payroll Responsibilities
Prepare and process assigned Canada and US payroll(s) 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
Balance assigned payrolls based on year-end calendars, participate in audit of other payrolls as assigned
Initial Garnishment set up
Prepare and reconcile 3rd party remittances as defined by due dates
Maintain accurate and up-to-date payroll records
Complete year end balancing, filing and delivery of T4s and/or W2s, complete yearend tax form amendments as required
Preparing monthly, quarterly and annual reporting as required by various internal/external stakeholders such as Finance and Operations and Statutory Reporting as assigned
Prepare payroll journal entries, reconcile payroll general ledger accounts as requested
Maintain complete and accurate Division notes and processing instructions (run books)
General Responsibilities
Support questions received in a manner that ensures employee satisfaction
Participate in systems implementations related to payroll by defining requirements, participate in preparing test plans, and documenting test results
Document and maintain processing instructions (run books) and maintain checklists for payroll processing
Excellent problem-solving skills, and high level of attention to detail and accuracy
Strong organizational skills and ability to handle and prioritize multiple tasks to meet deadlines
Who we are looking for
3 to 5 years processing large scale US and Canada payroll (2500+ employees)
Expatriate/commuter payroll exposure is considered an asset
Active PCP or FPC Designation or willingness to obtain designation
Advanced Excel skills for reporting, metrics and data validation
Strong planning and organizational skills with proven ability to manage competing priorities, maintain sensitive and highly confidential information
Very detailed oriented with a superior track record of achieving high quality results
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. Because we believe that your career path should be as unique as you are.
In addition, we offer you the following site benefits:
An overview of our benefits will be discussed 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 based on 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.
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.Worker Type:Regular / PermanentGroup:Magna Corporate