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Corporate Payroll & Benefits Administrator At Magna Corporate

Location: Aurora, Ontario

Job Description

Company Introduction

We have more than 174,000 entrepreneurial-minded employees dedicated to delivering mobility solutions. We are a mobility technology company and one of the world's largest automotive suppliers with 348 manufacturing operations and 91 product development, engineering and sales centres in 28 countries. Our competitive capabilities include body exteriors and structures, power and vision technologies, seating systems and complete vehicle solutions. Our common shares trade on the Toronto Stock Exchange (MG) and the New York Stock Exchange (MGA). For further information about Magna, visit www.magna.com.

Job Introduction

Responsible for multiple payrolls along with related taxable benefits. Administration of all Magna benefit programs, reconciliation of payroll general ledger accounts and management of the year end payroll process.

Major Responsibilities

Payroll

  • Administer multiple payrolls using ADP Workforce Now payroll service
  • Process all new hires, LOA, transfers, terminations, and related payroll changes in ADP
  • Process ROE’s
  • Calculate, remit and reconcile GRRSP contributions and match
  • Calculate, remit and reconcile WSIB monthly for all payrolls
  • Provide support as the main contact for CRA, EHT, and Service Canada Audits and inquiries
  • Administer Employee Stock Options within ADP
  • Maintain payroll storage database
    • Reconciliation of all payrolls, statutory remittances and benefits
    • Respond to daily employee inquiries
    • Provide backup for Payroll Manager
    • Administer Employee Self Service
  • Support employees on all payroll and benefit matters

Benefits

  • Administration of benefits in payroll and HRIS system
  • Manage and send monthly benefit billing
  • Maintain original benefit files
  • Reconcile benefits on a monthly basis to ensure accuracy in both payroll and HRIS system
  • Administration of retirement programs in payroll and provide remittance files on a biweekly payroll to Total Compensation
  • Act as a backup for benefit orientations

Accounting

  • Maintain and generate payroll journal entries on a monthly basis
  • Maintain general ledger payroll and RRSP account reconciliations on a monthly basis
  • Manage and request cheque requisitions to accounts payable
Knowledge and Education
  • Working knowledge of the Employment Standards Act
  • Working knowledge of Executive Payroll and Incentive Compensation
  • Minimum PCP (Canadian Payroll Association) Certification
  • Working knowledge of Expatriates and Inpatriates payroll and tax issues
Work Experience
  • Minimum 3 - 5 years of payroll/accounting experience in a corporate environment
Skills and Competencies
  • Thorough knowledge of ADP Worforce Now, Excel and Word
  • Knowledge of SAGE 300 (AccPac) considered an asset
  • Ability to maintain confidentiality
  • Excellent communication skills, both written and verbal
  • Ability to multitask
  • Ability to work independently and efficiently as many tasks are deadline oriented (overtime may be required)
  • Strong time management skills
Work Environment
  • Standard office environment
  • Overtime as required
Additional Information

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