Payroll Specialist at TD Bank
Toronto, ON, Canada -
Full Time


Start Date

Immediate

Expiry Date

08 Nov, 25

Salary

59500.0

Posted On

09 Aug, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Spreadsheets, Microsoft Excel, Payroll, Data Analysis, Communication Skills, Pcp, Analytical Skills, Completion, Business Operations

Industry

Accounting

Description

POSITION SUMMARY

Team responsibilities include:

  • Balancing all year-end tax slips and completing year-end government filings
  • Supporting all expatriate assignments and some globally mobile employees
  • Participating in both internal and external audits
  • Providing customized payroll and year-end tax slip support for the CEO and Senior Executive Team
  • Managing end-to-end Board of Directors’ payrolls
  • Identifying, reviewing, and preparing POIs for reconciliation as needed
  • Reviewing and correcting taxes from the Retiree Demographic report and the US Tax Data Query
  • Responds to and resolves inquiries from all levels within the bank regarding payroll issues and research inquiries through various data retrieval methods
  • Makes process improvement recommendations to and assists in the planning and implementation of solutions
  • Act as a brand champion for the business area/function and the bank, both internally and/or externally

SPECIFIC ACCOUNTABILITIES

  • Ensuring the integrity of the Workday HR/Payroll data, including any tests or validations required
  • Assisting in the preparation of manual and amended tax slips
  • Supporting all payroll accounting year-end payroll data to ensure they are recorded and processed accurately
  • Recommending and implementing changes to current processes to gain efficiencies and accuracy
  • Managing adjustments and resolution with business partners as needed
  • Processing quarterly Director Fees payroll
  • Handling manual off-cycle processing and EIB data loads
  • Processing bi-weekly cheque reversals
  • Running and actioning Pier/Variance reports to correct data integrity errors, ensuring the accuracy of year-end tax slips

Other tasks as required

  • Managing daily administrative processes and functions for expatriate payroll
  • Supporting the processing of shadow payrolls
  • Balancing payroll tax slip boxes
  • Providing accurate and timely resolutions to inquiries from internal and external business partners
  • Reviewing and validating the accuracy of annual PIER reports from CRA and RQ
  • Perform other tasks as required

QUALIFICATIONS

  • 2+ years of relevant experience
  • Payroll Compliance Practitioner Designation (or working towards completion) PCP
  • Strong knowledge of Canadian Federal/Provincial and U.S. regulatory and legislative requirements related to payroll (Canada Revenue Agency/ Revenu Quebec/IRS)
  • Sound knowledge of Workday (Payroll & HR application), particularly in Year-end Workday processes, as well as expertise in Resolution Management and Pier/Variance report Reconciliation principles.
  • Experience with in-house Payroll HRIS System, preferably Workday
  • Proficient in staying informed about payroll-related legislative updates
  • Excellent attention to detail
  • Strong organizational skills
  • Skilled in utilizing Microsoft Excel for data analysis, and creating spreadsheets to support business operations
  • Effective communication skills
  • Strong analytical skills

WHO WE ARE:

TD is one of the world’s leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we deliver legendary customer experiences to over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to the Bank, those we serve, and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues.
TD is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you’ve got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, we’re here to support you towards your goals. As an organization, we keep growing – and so will you.

Responsibilities

Team responsibilities include:

  • Balancing all year-end tax slips and completing year-end government filings
  • Supporting all expatriate assignments and some globally mobile employees
  • Participating in both internal and external audits
  • Providing customized payroll and year-end tax slip support for the CEO and Senior Executive Team
  • Managing end-to-end Board of Directors’ payrolls
  • Identifying, reviewing, and preparing POIs for reconciliation as needed
  • Reviewing and correcting taxes from the Retiree Demographic report and the US Tax Data Query
  • Responds to and resolves inquiries from all levels within the bank regarding payroll issues and research inquiries through various data retrieval methods
  • Makes process improvement recommendations to and assists in the planning and implementation of solutions
  • Act as a brand champion for the business area/function and the bank, both internally and/or externall

Other tasks as required

  • Managing daily administrative processes and functions for expatriate payroll
  • Supporting the processing of shadow payrolls
  • Balancing payroll tax slip boxes
  • Providing accurate and timely resolutions to inquiries from internal and external business partners
  • Reviewing and validating the accuracy of annual PIER reports from CRA and RQ
  • Perform other tasks as required
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