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Manager, Payroll

Home Trust - 5 Jobs
Toronto, ON
Full-time
Management
Company Benefits
Bonuses & Incentives
Tuition Aid
Wellness Programs
Posted 3 days ago
Salary:

Come join Home Trust Company as a Payroll Manager in our Finance team!

Home Trust Company has developed a track record of success as Canada's leading alternative lender, employing nearly 800 people in our Toronto headquarters and branches across the country. Building on the demonstrated strength of its core residential mortgage lending business, the Company also offers complementary lending services, as well as highly competitive deposit investment products, through Oaken Financial. Our culture has been shaped by the passion and integrity of our people. Home Trust is a private company.

FIRST THING – WHAT YOU NEED TO SUCCEED?
We are looking for individuals who are dedicated, passionate, and driven to execute with excellence!

WE CARE ABOUT OUR EMPLOYEES WELL-BEING, WHAT WE OFFER:

  • Base salary, with yearly incentive performance bonus
  • Three (3) weeks of vacation, an additional six (6) flex days (sick or personal) in addition to financial statutory holidays
  • Comprehensive benefit packages, offered through Manulife
  • Group Retirement Savings Plan (GRSP) up to 8% Contribution program & employer match
  • $1000 Employee Referral Program
  • Employee Discounts; phone plans, gym membership, Toronto Bike Share and many retailer discounts offered through WorkPerks
  • Education Assistance program

ABOUT THE ROLE: 

The Manager, Payroll (the “Manager”) oversees the payroll function of the Company which includes the processing of bi-weekly pay to employees, data accuracy and overall management of ADP WFN, ensuring the Company complies with all payroll-related regulations, reporting, and more.

In addition:

  • Manage the bi-weekly disbursement of multi-province payroll via ADP, including garnishments, benefits, tax and other source deductions (consistent with federal and provincial payroll legislation), contributions to RRSP and/or share purchase plan, employee expense reimbursement etc.
  • Process incentive payments to ensure accuracy and timeliness of payments (includes compliance relevant instructions such as rolling amounts into RRSPs)
  • Ensure new hires, hourly employees, employee transfers, promotions, terminations etc. are processed accurately and timely
  • Maintain severance payment schedule, prepare relevant entries for severance accrual and ensure severance payments are accurately processed
  • Ensure that relevant information received from the Human Resource department is approved and on captured on the designated form
  • Ensure payroll remittances are prepared accurately and filed in accordance with regulatory deadlines
  • Manage execution of all year end reporting and filing requirements including T4s, Releve1s, Employee Health Tax reports etc.
  • Provide direct management to the payroll administrator which includes reviewing the administrator's work, ensuring procedures and controls are being followed and work load is appropriately balanced
  • Provide effective and continuous performance feedback along with coaching and counselling.
  • Serve as primary liaison for payroll.
  • Provide payroll expertise to Human Resources department and other departments as needed
  • Identify and implement continuous improvement opportunities
  • Utilize payroll expertise to help assess the current state of the payroll function and to develop a plan to transform and modernize the payroll function over the next few years and lead execution of this plan
  • Support the accounting processes pertaining to payroll (ie required manual journal entries, reconciliations etc.) by providing required source information to Finance colleagues (masking employee names and individual employee level confidential information as appropriate)
  • Assist in payroll related variance analysis
  • Address or investigate payroll related questions as they pertain to financial reporting

WHAT WE REQUIRE:

  • Authorized to work in Canada
  • Post secondary degree or diploma required (University degree preferred) in Accounting, Finance or equivalent or Business or equivalent
  • Certification(s)/Designation(s) preferred in Payroll
  • Minimum 10 years of relevant payroll experience
  • CPM designation
  • Strong interpersonal relationship building and listening skills
  • Negotiation and influencing skills
  • Excellent organizational, time management, strategic thinking, research/ analysis skills and attention to detail
  • Excellent written / verbal communication and professional maturity

PREREQUISITE: Maintain a positive supportive attitude, help to maintain an inclusive and supportive company culture!

Follow us on LinkedIn: Home Trust Company: My Company | LinkedIn

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