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    Payroll Analyst - Toronto, Canada - OMERS

    OMERS
    OMERS Toronto, Canada

    2 weeks ago

    Default job background
    Full time
    Description

    Why join us?

    Are you looking to join a dynamic pension plan that embodies the strong values of its 500,000 members and is an industry leading global investor? If so, we would love to tell you our story.

    At OMERS we put our people first and are proud to embrace the diversity of thought and leadership that comes from having locations in Toronto, London, New York, Singapore, Sydney and other major cities across North America and Europe. Our culture is truly one of a kind. We get stuff done, and have fun doing it We take great pride in contributing to the communities where we live with an ever-constant eye to the global investment markets.

    The Analyst, Payroll, Compliance & Funding will contribute to the successful payroll delivery and ensure adherence to labor laws for an assigned business portfolio. This role will report to the Manager, Payroll within People Experience. The incumbent will support bi-weekly payroll processing for salary/hourly employees, assist with annual statutory payroll compliance, monitor the global payroll compliance, assist with payroll audits, and coordinate payroll funding with the Treasury teams.

    As a member of this team, you will be responsible for:

  • Compiles payroll data for an assigned portfolio and maintains records in accordance with payroll processes (Canadian payroll with the possibility of international payroll)
  • Monitoring the bank account balances and liaise with Treasury to ensure sufficient funds are available for payroll processing needs
  • Support year-end payroll activities by monitoring the timely completion of statutory filings and processing the required payments resulting from these activities
  • Responsible for processing after pay activities (reporting and payments)
  • Review and submission of Payroll & Benefit invoices for payment through Basware for Accounts Payable to process
  • Initiation of wire payments and collaboration with Treasury for execution of payments
  • Liaise with the Manager and Associate Director, Payroll, to evaluate ways of improving the efficiency and effectiveness of the payroll function

    • To succeed in this role, you have:

  • Strong understanding of Canadian payroll requirements and relevant provincial tax and regulations
  • Proficiency with Microsoft Office Suite (Excel, Word, PowerPoint)
  • Strong organizational skills, attention to detail and ability to multi-task under tight deadlines
  • Strong interpersonal and time management skills for dealing with all employees within the organization
  • Self-starter able to work independently with minimal supervision
  • Working towards or holds the PCP Certification

    • Our story:

    Founded in 1962, OMERS is one of Canada's largest defined benefit pension plans, with $128.6 CAD billion in net assets as of December 31, 2023. OMERS is a jointly-sponsored pension plan, with more than 1,000 participating employers ranging from large cities to local agencies, and over half a million active, deferred and retired members. OMERS members include union and non-union employees of municipalities, school boards, local boards, transit systems, electrical utilities, emergency services and children's aid societies across Ontario. Contributions to the Plan are funded equally by members and employers. OMERS teams work in Toronto, London, New York, Amsterdam, Luxembourg, Singapore, Sydney and other major cities across North America and Europe – serving members and employers and originating and managing a diversified portfolio of high-quality investments in public markets, private equity, infrastructure and real estate.

    OMERS is committed to having a workforce that reflects the communities in which we live and work. We are an equal opportunity employer committed to a barrier-free recruitment and selection process. At OMERS inclusion and diversity means belonging. How we create a sense of belonging is through our employees and our vast network of Employee Resource Groups. Whether you are passionate about gender, pride, or visible minorities, we have groups that are focused on making a difference in all of our lives.

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