Payroll Lead - Aurora, Canada - Magna International

Magna International

Verified Company

Aurora, Canada

3 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Job Number: 53821

Group:
Magna Corporate

Division:
Magna IT Canada - Aurora East

Job Type:
Permanent/Regular

Location:

AURORA

Group Description

At Magna, we create technology that disrupts the industry and solves big problems for consumers, our customers, and the world around us.

We're the only mobility technology company and supplier with complete expertise across the entire vehicle.

We are committed to quality and continuous improvement because our products impact millions of people every day. But we're more than what we make. We are a group of entrepreneurial-minded people whose collective expertise gives us a competitive advantage. World Class Manufacturing is a journey and it's our talented people who lead us on this journey.

Role Summary

The North America Payroll Lead will be responsible for the processing of assigned Canada and US payrolls and other payroll initiatives such as leading year-end and compliance activities, project support, and process documentation.

Key Responsibilities

Prepare, process and balance assigned Canada and US payroll on a weekly and biweekly basis for hourly and salaried employees in union and nonunion environments which can include garnishment processing, incentive payouts, and deferred incentive payments, stock options, hypo tax, shadow payroll reporting, and pension payrolls
Maintain accurate and uptodate payroll records
Lead full cycle year end activities, support team members by running reports for 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
Work with internal stakeholders to develop/document/improve payroll processes as needed and maintain process changes
Manage statutory reporting requirements
Accountable for maintaining payroll general ledger account structure, advising payroll team on accounting treatment for complex payroll transactions in collaboration with Finance
Audit payroll master data, calendars, earnings and deduction codes, GL as required
Maintain complete and accurate Division notes and processing instructions (run books) for assigned payrolls
Participate in systems implementations related to payroll by defining requirements, participate in 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

Key Qualifications/Requirements

At least 5 years processing large scale US and Canada payroll (at least 2500 employees)
Expatriate/commuter payroll exposure
Experience leading a team in any environment is an asset
Active PCP or FPC designation required, working towards CPM/CPP an asset

Skills and Competencies

Strong planning and organizational skills to meet deadlines with proven ability to manage competing priorities
Maintain sensitive and highly confidential information
Detail oriented with a superior track record of achieving high quality results
Advanced Excel skills for reporting, metrics, and data validation
Ability to foster effective working relationships at all levels internally and with external partners
Experience leading a team through transition and efficiency processes

Additional Information
Accommodations for disabilities in relation to the job selection process are available upon request.

Awareness. Unity. Empowerment.

Salary:
From $85,000.00 per year

Benefits: