Payroll Specialist - Workday

La Banque HomeEquity

Banque canadienne à charte de l’annexe I, la Banque HomeEquity est le plus important fournisseur d’hypothèques inversées au pays et son portefeuille de prêts est en croissance. Étant la seule institution financière à se consacrer uniquement aux propriétaires de 55 ans et plus, la Banque HomeEquity a à cœur d’aider les propriétaires canadiens à vivre leur retraite comme ils le souhaitent. Nous tenons cette promesse tous les jours grâce à nos solutions d’hypothèque inversée, dont notre produit phare, l’Hypothèque inversée CHIP^MC.

Nos valeurs, notre passion

À la Banque HomeEquity, ce sont nos valeurs qui orientent et inspirent nos actions auprès de nos clients, de nos partenaires et entre nous.

Nous sommes d’ardents défenseurs au service de nos clients.

Nous avons le courage d’agir et de faire ce qui est juste.

Nous formons une équipe, nous avons une même vision.

Nous voyons loin et nous sommes en constante évolution.

POSITION SUMMARY

The Payroll Specialist role holds primary accountability for the effective functioning of all payroll and benefits-related processes for the Bank. It ensures the accuracy of Payroll related programs in the system of record (Workday), and actively participates in various projects and initiatives. 

MAJOR ELEMENTS OF THE ROLE

Payroll:

• Coordinates and administers all facets of the semi-monthly payroll process, as per company and legislative requirements. 
• Ensure appropriate capture of ongoing commission payments, sales bonuses, expense reimbursements, and taxable benefits
• Confirm data accuracy and ensure data integrity; investigate and resolve payroll issues; manage risks arising from day-to-day activities, to promote consistent execution of processes and risk management activities
• Prepare and remit third party payments, including garnishments
• Prepare Journal entries for Finance
• Complete all year end filings including preparation of T4, Revele-1, T2200s, other government filings.
• Provide required documentation and samples to external Auditors on Payroll audits
• Process annual Corporate Bonus payments, including employee GRSP elections from bonus
• Process employee benefit deductions and taxable benefits on Workday profiles 
• Processing off cycle payroll requirements for hiring, orientation and terminations.
• Process leaves of absence in Workday and complete manual adjustments as required (ie. short term disability, maternity & parental) 
• Calculate appropriate withholdings and deductions for employer specific programs (eg RRSP).

Benefits Administration:

• Coordinate the Employee Benefit enrolment process including completing the employee sign-up, by adjusting and updating employee records in the system of record for transfer to Manulife (both GB and GRSP).
• Routine auditing and reviewing benefit eligibility reports for errors or inconsistencies
• Investigate and resolve employee benefit and payroll issues, by engaging external benefits providers as necessary  

SKILLS AND EXPERIENCE REQUIRED

Qualifications and Technical Expertise:

• Progressive experience administering Payroll 
• Payroll Compliance Practitioner Designation
• Experience with Workday HCM/Payroll
• Sound knowledge of MS-Office suite, Excel in particular
• A University Degree or post-secondary education equivalent to a College diploma
• Demonstrated understanding of Federal and Provincial employment Legislation and practices

Attributes:

• Highly detail-oriented and strong organizational skills
• Strong verbal and written communications skills, and an ability to handle confidential and difficult issues with tact and sensitivity
• Self-starter, with the ability to show initiative and work independently

Working Conditions Unique to Job:

• Hybrid home/office work environment