Accounting & Finance

Payroll Analyst

Hydro One Inc.

Toronto · Ontario · Canada

This is an existing job posting. It will be a 5 months contract with extension possibility.

Job Function:

  • Accountable for performing payroll processing services for employees and pensioners including inputting, updating, and maintaining various computer systems.
  • Ensure payroll processing activities are in accordance with payroll processing procedures, collective agreements, HR policies, and internal controls to ensure accuracy, integrity, and confidentiality of data.
  • Strong data validations and auditing procedures are paramount to all payroll processing activities to avoid negative impacts to HR/government processing reliant on accurate data.
  • Responsible for maintaining and producing remittances/reports and distributing information as needed and to working collaboratively within the team.
  • Support the day-to-day operations of the Payroll Operations team by handling administrative information and performing complex analysis on Payroll including pay analysis and OVP.
  • Review and approves employee data processes and transactions as needed.
  • Support the Payroll Leader and the Payroll Supervisors to ensure efficiencies are gained and
  • provide support to staff in processing transactions, acting as a point of escalation.
  • Escalate items to the Supervisor and/or Manager and additional parties (e.g. COEs, HRSC, external vendors) as required.

Responsibilities:

General

  • Support Payroll Leader with day-to-day operations for the Payroll function
  • Provide additional Payroll processing support during high volume
  • periods

Data Analysis

  • Manage the overpayment process, by conducting analysis and providing
  • solutions
  • Develop and prepare reports to assist the Payroll Leader with
  • monitoring the performance of the team
  • Develop and prepare reports to assist the business with making
  • strategic decisions

Subject Matter Expert

  • Act as a payroll subject matter expert for the organization and as a
  • key point of contact for Payroll related escalations
  • Support development/presentation of training programs related to Payroll processing
  • Provide feedback and recommendations on potential impacts of Payroll changes

Payroll Reconciliation

  • Coordinate Payroll reconciliation and audit efforts led by Finance;
  • coordinate teams and data requests within Payroll

Special Projects

  • Assist with special payroll related projects focused on streamlining
  • processes/operations and implementing new Payroll solutions/services
  • Support and participate in complex projects with multiple work streams
  • and multiple stakeholders

Process Oversight

  • Monitor and track KPIs using a dashboard or similar tool
  • Prepare internal and external reporting to meet regulatory and management reporting requirements, while optimizing processes and identifying cost efficiencies
  • Manage all Payroll-related SOPs and documentation, ensuring they are kept up to date with system releases
  • Advocate for and participate in continuous improvement., identify possible trends, risks, and business improvements
  • Perform Other Duties as Required

Education and Experience:

  • Requires a knowledge of accounting and payroll principles related to payroll processing and reporting system in order to reconcile differences.
  • Requires a Payroll Compliance Practitioner (PCP) designation. This knowledge is considered to be normally acquired either through the successful completion of a four year university education in human resources or accounting or by having the equivalent level of education.
  • Working experience with SAP Payroll system and ServiceNow(Help Desk tool).
  • Advance knowledge of Excel
  • Demonstrated ability to effectively communicate with staff, internal and external parties.

Other Requirements:

  • Must be able to work 2 days in the office at 483 Bay Street, Toronto, ON
  • Must be able to work on site for 5 days a week for the first 2 weeks of employment for training.
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Reference: WJ-291_12106305

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