Payroll Lead

Job Number: 66424
Group: Magna Corporate
Division: Magna IT Canada - Aurora East
Job Type: Permanent/Regular
Location: AURORA
Work Style:
About us
We see a future where everyone can live and move without limitations. That's why we are developing technologies, systems and concepts that make vehicles safer and cleaner, while serving our communities, the planet and, above all, people.
Forward. For all.
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.
About the Role
The North America 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
• Prepare, process and balance assigned Canada and US payroll 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 • Lead full cycle year end activities, support team members by running reports for reconciling and completing T4s and W2s, and ensuring they are distributed accurately and on time• Accountable for leading monthly, quarterly and annual reporting as required by various internal stakeholders such as Finance and Operations• Accountable for maintaining payroll general ledger account structure, advising payroll team on accounting treatment for complex payroll transactions in collaboration with Finance• Participate in systems implementations related to payroll by defining requirements, participate in preparing test plans, and documenting test results• Document and maintain processing instructions, SOPs, and prepare checklists for the payroll system and business processes, including training material
Who we are looking for
• At least 5 years processing large scale US and Canada payroll (at least 2500 employees)• Expatriate/commuter payroll exposure• Experience leading a team through transition and efficiency processes• Advanced Excel skills for reporting, metrics, and data validation• Strong planning and organizational skills to meet deadlines with proven ability to manage competing priorities• Ability to foster effective working relationships at all levels internally and with external partners
Your preferred qualifications
• Experience leading a team in any environment is an asset• Active PCP or FPC designation required, working towards CPM/CPP an asset• Maintain sensitive and highly confidential information
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.
Site Benefits
Details on benefits will be provided 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 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 to comply with GDPR requirements and your local Data Privacy Law.