Sr. Payroll & Benefits Specialist (12 Month Mat Leave Coverage)

at  Financeit

WHO ARE WE?

Financeit is a rapidly-growing fintech and enterprise services company serving some of the largest home improvement and retail organizations in the United States and Canada, and we are looking for a Sr. Payroll & Benefits Specialist to join our team.
Financeit offers a comprehensive suite of tools and technologies designed to simplify complex sales transactions for businesses and their customers. Our point-of-sale financing platform helps businesses of any size close more sales by offering customers affordable monthly payment options for their next big home improvement, vehicle or retail purchase.
We’re a diverse and dynamic company with an open office environment that’s seeking the best and brightest. Financeit is small enough that you can make an impact within the company, and large enough to make an impact in the market. As focused as we are on creating unique, category-defining products, we are also building a distinct and inclusive culture.

ABOUT THE ROLE:

As the Sr. Payroll & Benefits Specialist you will be responsible for the timely and accurate delivery of payroll and benefits services. You have strong attention to detail, are very organized and are customer-service focused. This is an exciting opportunity for someone looking to utilize and expand their skills and be a part of a fun and growing company for 12 months!

WHAT YOU’LL DO:

Payroll Administration

• Manage disbursement of Canadian payroll of 350+ employees, in compliance with all applicable laws.
• Act as back up for US payroll (for 50+ employees).
• Implement appropriate payroll process and control (e.g. checks and balances) to ensure 100% completeness and accuracy of all payroll related activities.
• Ensure payroll is administered in accordance with accounting and payroll principles, policies and procedures, and legislated requirements.
• Ensure accurate and timely processing of new hires, transfers, promotions, terminations, leaves and salary changes.
• Review payroll and RSP summaries for accuracy and completeness, complete reconciliation; initiate corrective action, as required.
• Ensure system accuracy and integrity through data entry, regular audits, problem-solving, and proactive monitoring and troubleshooting.
• Collaborate with cross-functional teams, including HR, Finance, Sales, and Operations, to enhance payroll efficiency.
• Responsible for the timely and accurate entry of HR & payroll data into HRIS after each pay run.

Year- End

• Ensure 100% complete and accurate year-end processing including but not limited to processing T4s and preparing T2200s to staff.
• Complete and submit all the required year end reporting such as CNESST, EHT, and RL1.

Benefits & RRSP/401K Administration:

• Lead administration of Group Benefits programs internally.
• Manage Financeit’s Group RSP program and act as backup for 401K benefits in the US.
• Coordinate enrolments, terminations, salary updates – ensure employee records and benefit files are maintained and updated.
• Manage all leave of absences including Financeit’s parental leave top up program.