Magna
automotive
Specialist,Payroll
Neural analysis suggests this role is
optimal for Mid candidates.
“Specialist, Payroll at Magna. Skills: Payroll Specialist, US and Canada payroll processing. Prepare and process assigned Canada and US payroll(s) on a weekly and bi-weekly basis. Balance assigned payrolls based on year-end calendars”
What You'll Achieve.
high quality results
Industry & Context.
Excellent problem-solving skills
What They're Looking For.
Must Have
3 to 5 years processing large scale US and Canada payroll (2500+ employees)
Nice to Have
Expatriate/commuter payroll exposure is considered an asset, Active PCP or FPC Designation or willingness to obtain designation
What You'll Do.
Prepare and process assigned Canada and US payroll(s) on a weekly and bi-weekly basis
Balance assigned payrolls based on year-end calendars
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
quarterly and annual reporting as required by various internal/external stakeholders
Prepare payroll journal entries
reconcile payroll general ledger accounts as requested
Maintain complete and accurate Division notes and processing instructions (run books)
Support questions received in a manner that ensures employee satisfaction
Participate in systems implementations related to payroll
Document and maintain processing instructions (run books) and maintain checklists for payroll processing
How You'll Work.
Team & Collaboration
Preparing monthly, quarterly and annual reporting as required by various internal/external stakeholders such as Finance and Operations and Statutory Reporting as assigned; 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
Process & Methodology
planning and organizational skills with proven ability to manage competing priorities
Full Job Description
**Job descriptions may display in multiple languages based on your language selection.** ## **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. ## ## ## **Group Summary:** Magna is more than one of the world’s largest suppliers in the automotive space. We are a mobility technology company built to innovate, with a global, entrepreneurial-minded team. With 65+ years of expertise, our ecosystem of interconnected products combined with our complete vehicle expertise uniquely positions us to advance mobility in an expanded transportation landscape. **Job Responsibilities:** * Salary: Starting at $60,000 per year * Immediate, open position 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 fo
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