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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.

WHO WE ARE LOOKING FOR

• 3 to 5 years processing large scale US and Canada payroll (2500+ employees)
• Expatriate/commuter payroll exposure is considered an asset
• Active PCP or FPC Designation or willingness to obtain designation
• Advanced Excel skills for reporting, metrics and data validation
• Strong planning and organizational skills with proven ability to manage competing priorities, maintain sensitive and highly confidential information
• Very detailed oriented with a superior track record of achieving high quality results

JOB RESPONSIBILITIES:

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.

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 form amendments as required
• Preparing monthly, quarterly and annual reporting as required by various internal/external stakeholders such as Finance and Operations and Statutory Reporting as assigned
• Prepare payroll journal entries, reconcile payroll general ledger accounts as requested
• Maintain complete and accurate Division notes and processing instructions (run books)

GENERAL RESPONSIBILITIES

• 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
• Document and maintain processing instructions (run books) and maintain checklists for payroll processing
• Excellent problem-solving skills, and high level of attention to detail and accuracy
• Strong organizational skills and ability to handle and prioritize multiple tasks to meet deadlines