Payroll and Compensation Specialist
Job Description
Studenttimes Staffing Solutions is a professional recruitment agency that specializes in providing permanent, temporary, and contractual staffing solutions, for both full-time jobs and part-time job. Offices in Mississauga | Brantford | Cambridge – Ontario, Canada.
This role administers the payroll processes and ensures compliance with federal and provincial legislation. This role also identifies and suggests process improvement and system improvement opportunities to ensure optimal efficiency and consistency.
Responsibilities:-
- Processes payroll, retroactive payments, ensuring compliance with company policies and CRA rules and regulations.
- Resolves payroll discrepancies by collecting and analyzing information.
- Collect, calculate, and enter relevant data to maintain payroll records.
- Updates payroll records by entering changes in exemptions, insurance coverage, savings deductions, and job title and department/division transfers.
- Responsible for the review of employee information in Payroll/scheduling system and validation of the information for data integrity purposes.
- Processes payroll related entries for leave of absence, maternity leave, unpaid payroll adjustments.
- Processes hires, transfers and terminations, including preparation of Record of Employments (ROEs).
- Provides timely and proactive communication regarding payroll to all levels of staff, government agencies and/or private organizations as and when required.
- Responsible for weekly, monthly, quarterly, and year-end reporting.
- Responsible for providing and analyzing payroll related matter reports.
- Prepares month-end reporting including provisions of journal entries for Finance and Payroll remittances and reconciliations.
- Prepares reports by compiling summaries of earnings, taxes, deductions, leave, disability, and nontaxable wages.
- Reconciles, analyses and balances all year-end data for T4, T4A purposes, GL Accounts, Employer Health Tax, Canada Revenue Agency and Workplace Safety and Insurance Board requirements etc.
- Provides payroll information by answering questions and requests.
- Maintains employee confidence and protects payroll operations by keeping information confidential.
- Helps with internal and external audits related to payroll.
- Maintains detailed records and documentation of payroll transactions for audit purposes, in accordance with statutory requirements and company policies and procedures.
- Works on other special projects as assigned.
Requirements/Qualifications:-
- Undergraduate degree or post-secondary diploma in business administration, finance, accounting or related stream with minimum 2 years’ work experience in payroll function or an equivalent combination of education, training and experience.
- Canadian Payroll Association (CPA) designation or another formal payroll training would be an asset.
- Progressive payroll experience in a multi-province payroll environment would be an asset.
- Knowledge and experience with payroll administration, accounting, and legislation.
- Strong attention to detail and the ability to set priorities and meet deadlines.
- Proficient in MS Office (Word/Excel/Outlook); payroll and/or HRIS systems (experience in ADP, Workday is preferred).
- Must be highly customer-focused to deliver timely service to all levels of organization.
- Ability to work in a team environment.
- Strong communication skills, both verbal and written
While we thank all applicants for their interest, only those who are considered for an interview
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