Job Summary
The Analyst, Payroll Compliance will analyze payroll data, manage payroll-related transactions, and collaborate closely with the finance department including completion of monthly reconciliations to support accurate and timely reporting. They will also ensure that payroll practices align with the organization’s financial goals and compliance with collective bargaining agreements and government legislation. Duties & Responsibilities Research and interpret legislative requirements impacting payroll processes, ensure compliance with labour laws, tax withholdings, and wage reporting Prepare and present detailed financial reports related to payroll expenses, tax liabilities, and compliance metrics Work closely with the finance team to ensure payroll processes and controls align with overall financial objectives Support budgeting and forecasting related to payroll expenses Perform monthly reconciliations of all payroll-related accounts including vacation, ensuring discrepancies are identified and resolved in a timely manner Lead and coordinate payroll audits focusing on financial discrepancies, compliance issues, and overall accuracy of payroll transactions Identify payroll risks and recommend improvements to payroll systems and processes for enhancing compliance and financial reporting accuracy Analyze payroll costs, including overtime, bonuses, and deductions to ensure budgetary and reporting compliance and accuracy Guide the Peope & Culture and Finance teams on payroll compliance issues and financial reporting requirements Assist in developing and updating policies and procedures related to payroll compliance, ensuring these are aligned with best practices and regulatory changes Prepare and reconcile vacation and banked time reports Responsible for the reconciliation of invoices against payroll deductions Actively participate in Porter’s Safety Management System (SMS) including reporting hazards and incidents encountered in daily operations; understand, comply and promote the Company Safety Policy Behavioural Competencies Concern for Safety: Identifying hazardous or potentially hazardous situations and taking appropriate action to maintain a safe environment for self and others. Teamwork: Working collaboratively with others to achieve organizational goals. Passenger/Customer Service: Providing service excellence to internal and/or external customers (passengers). Initiative: Dealing with situations and issues proactively and persistently, seizing opportunities that arise. Results Focus: Focusing efforts on achieving high quality results consistent with the organization’s standards. Fostering Communication: Listening and communicating openly, honestly, and respectfully with different audiences, promoting dialogue and building consensus. Qualifications Post Secondary education in Finance, Business Administration, or a related field 5 to 7 years’ experience in financial analysis or payroll compliance Strong understanding of payroll regulations, tax law, and compliance standards Proficiency in financial and payroll software, with advanced skills in Microsoft Excel for data analysis and reporting Excellent analytical, problem-solving, and organizational skills Prior airline experience is an assetAnalyst, Payroll Compliance • Toronto, Canada
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