Lead, Payroll

What we offer:
At Magna, you can expect an engaging and dynamic environment where you can help to develop industry-leading automotive technologies. We invest in our employees, providing them with the support and resources they need to succeed. As a member of our global team, you can expect exciting, varied responsibilities as well as a wide range of development prospects. Because we believe that your career path should be as unique as you are.
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.
Job Responsibilities:
The Payroll Lead will be responsible for the processing of assigned Canada and US payrolls and other payroll initiatives such as leading year-end and compliance activities, project support, and process documentation.
Your Responsibilities
Payroll Lead Responsibilities

• Oversee and verify the accurate preparation and processing of assigned Canada and US payrolls (weekly, bi-weekly, and semi-monthly) for hourly and salaried employees in both union and non-union environments, ensuring compliance with internal policies and external regulations
• Review payroll inputs including garnishments, incentive payouts, deferred incentive payments, stock options, hypo tax, shadow payroll reporting, and pension-related payrolls
• Lead payroll balancing and reconciliation processes in accordance with year-end calendars; oversee and audit payrolls prepared by other team members as required
• Approve and ensure timely reconciliation of 3rd party remittances in alignment with statutory deadlines
• Ensure accuracy and integrity of payroll records through periodic audits and oversight
• Review and validate year-end payroll deliverables including T4s and W-2s, as well as any tax form amendments
• Analyze and approve monthly, quarterly, and annual payroll reports for internal/external stakeholders including Finance, Operations, and government agencies
• Oversee testing and validation of payroll system changes and configuration updates
• Ensure comprehensive and current documentation of payroll processes, Division notes, and run books

General Responsibilities

• Act as a key point of contact for escalated payroll inquiries, ensuring timely and accurate resolutions and high employee satisfaction
• Lead or participate in payroll-related system implementations, including requirements gathering, test planning, and validation of results
• Maintain and oversee the accuracy of payroll documentation, including processing instructions and compliance checklists
• Provide guidance and mentorship to payroll team members, supporting performance improvement and knowledge development
• Demonstrate excellent analytical and problem-solving abilities, with a strong attention to detail
• Prioritize and manage multiple tasks effectively to meet strict payroll deadlines and service level agreements

Who we are looking for

• Minimum 5 years of experience overseeing large-scale US and Canadian payroll operations, supporting organizations with 2,500+ employees
• Demonstrated exposure to complex payroll scenarios, including expatriate and commuter payrolls
• Proven experience leading payroll teams through transitions, process improvements, and efficiency initiatives
• Advanced Excel skills with a strong ability to analyze data, create reporting tools, and ensure data integrity
• Excellent planning and organizational skills with the ability to manage competing priorities and meet strict deadlines in a fast-paced environment

Your preferred qualifications

• Active PCP or FPC designation required, working towards CPM/CPP an asset

What we offer
At Magna, you can expect an engaging and dynamic environment where you can help to develop industry-leading automotive technologies. We invest in our employees, providing them with the support and resources they need to succeed. As a member of our global team, you can expect exciting, varied responsibilities as well as a wide range of development prospects. Because we believe that your career path should be as unique as you are.
In addition, we offer you the following site benefits:
An overview of our benefits will be discussed during the recruitment process.
Awareness. Unity. Empowerment.
At Magna, we believe that a diverse workforce is critical to our success. That's why we are proud to be an equal opportunity employer. We hire based on experience and qualifications, and in consideration of job requirements, regardless of, in particular, color, ancestry, religion, gender, origin, sexual orientation, age, citizenship, marital status, disability, or gender identity. Magna takes the privacy of your personal information seriously. We discourage you from sending applications via email to comply with GDPR requirements and your local Data Privacy Law.
Awareness, Unity, Empowerment:
At Magna, we believe that a diverse workforce is critical to our success. That's why we are proud to be an equal opportunity employer. We hire on the basis of experience and qualifications, and in consideration of job requirements, regardless of, in particular, color, ancestry, religion, gender, origin, sexual orientation, age, citizenship, marital status, disability or gender identity. Magna takes the privacy of your personal information seriously. We discourage you from sending applications via email or traditional mail to comply with GDPR requirements and your local Data Privacy Law.
Worker Type:
Regular / Permanent
Group:
Magna Corporate