Lead Payroll Administrator, 18 month maternity leave-(Hybrid)

Central 1 cooperatively empowers credit unions and other financial institutions to deliver banking choice to Canadians. Central 1 provides critical services at scale to enable a thriving credit union system. We do this by collaborating with our clients, developing strategies, products and services to support the financial well-being of their more than 5 million diverse customers in communities across Canada. For more information, visit www.central1.com.

What we offer:

• Work-life flexibility 

• Hybrid work environment 

• Variable annual incentive plan

• Generous annual vacation allotment

• Top-notch flexible benefits plan including family building and gender affirmation

• Retirement Plan, matched contributions at 6%

• Access to a learning platform and educational assistance support

• Access to a virtual wellness platform

• Career development opportunities

• Wellness Flex Fund to support personal interest and activities

• Day off to volunteer in your community and other paid time off options

• Corporate discounts

*subject to employment agreement

Job Summary:

Are you a payroll pro who loves turning numbers into insights? Central 1 is looking for a Lead Payroll Administrator to take charge of our full payroll process and drive accounting operations with precision and analytics.

In this role, you’ll use Excel and Workday to uncover data-driven insights, streamline processes, and ensure accuracy and compliance every pay cycle. Your work will directly help employees feel confident and supported, all while maintaining payroll excellence.
 

This term is perfect for someone who thrives in a tech-forward, collaborative environment and is passionate about using analytics to make processes smarter, faster, and more efficient.

What you'll be doing

• Process and review payroll transactions in Workday.

• Use Excel to analyze payroll data and reports.

• Maintain strict confidentiality of employee and payroll records.

• Ensure payroll entries are allocated correctly and align with Central 1 guidelines and employment standards.

• Review year-end payroll reports and T4s for accuracy.

• Collaborate with HR to identify and implement process improvements.

• Prepare manual payroll entries when needed.

• Support year-end activities, including T4s for employees and directors.

• Reconcile payroll and benefits general ledger accounts monthly.

• Prepare required annual tax forms (T4, T4A, T2200, etc.) and filings.

• Submit pension reports to retirement plan providers.

• Maintain accurate and up-to-date employee payroll files.

• Create payroll reports and respond to payroll-related data requests.

• Prepare final pay and documentation for departing employees.

• Communicate with government agencies as required.

• Respond to employment verification requests from external organizations.

• Monitor payroll legislation and recommend updates to internal processes.

• Provide guidance on payroll policy and interpretation.

• Support the Accounting team on payroll-related items.

• Produce ad-hoc payroll reports when needed.

• Participate in payroll and HR projects.

• Perform other related duties as assigned.

What you'll have:

• College or University degree in Commerce, Accounting, or Business

• Payroll Compliance Practitioner (PCP) designation required

• 8+ years experience processing large corporate payroll in an ERP system

• Workday experience is a strong asset

• Strong verbal and written communication skills

• Ability to problem-solve both independently and collaboratively

• Intermediate Excel skills required

Salary range: $80,000-$95,000 (per annum)

The salary range represents the job rate determined for the successful candidate who is fully competent in the role. The actual salary will vary depending on market conditions and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training.

#LI-Hybrid

Central 1 does not use Artificial Intelligence (AI) technology to screen, assess, or select applicants during our recruitment process. This job posting is for an existing, specific vacancy within our organization. All applications will be considered exclusively for the position described in this posting.

Central 1 is an equal opportunity employer and committed to building an inclusive workforce by creating an environment where everyone feels like they belong and has the opportunity to be successful. We welcome all applicants to join our diverse workforce and we will provide an accessible candidate experience including, but not limited to accommodations to interview sites and alternate formats upon request to our Recruitment team.