Payroll Specialist

Company Overview

BMW Toronto and MINI Toronto are leading and dynamic automotive dealerships located in the heart of downtown Toronto. With a commitment to providing exceptional customer service and a diverse range of top-quality vehicles, we are seeking a talented Payroll Specialist to join our team and contribute to our continued success.

Position Overview

As the Payroll Specialist, you will play a key role in executing the payroll operations for our dealerships, ensuring accuracy, compliance, and efficiency in payroll processing. This role is ideal for an experienced payroll professional with a deep understanding of Canadian payroll regulations and a track record of success in the automotive industry. This position does not have any direct reports and is located full-time onsite.

Key Responsibilities

1. Payroll Processing

• Process payroll for all employees in compliance with all appropriate national, provincial and local withholding regulations.
• Manage accurate and timely processing of multiple payroll cycles including bi-weekly, semi monthly, and monthly schedules.
• Ensure deductions, benefits, and other payroll-related elements are processed accurately.

2. Compliance and Reporting

• Stay abreast of Canadian payroll legislation and ensure compliance with federal and provincial regulations.
• Prepare and submit required statutory reports, including T4s, ROEs, and other relevant documentation.
• Provide periodic analysis of payroll and disbursement records to ensure that adjustments are in accord with management’s criteria
• Collaborate with finance and management to reconcile payroll-related accounts and resolve discrepancies.

3. Team Collaboration

• Collaborate with sales, finance, and other departments to ensure seamless communication and integration of payroll-related information.
• Provide guidance to other staff members on payroll-related matters and foster a positive and collaborative work environment.
• Provides on-going assistance to employees in tax-related payroll matters

4. System Management

• Utilize UKG payroll software to optimize efficiency and accuracy in payroll processing and reporting.
• Implement best practices in system utilization and stay informed about system updates and improvements.

Qualifications:

• Bachelor’s degree in Business, Finance or related field
• Minimum 5 years of experience in payroll processing, preferably in the automotive industry.
• In-depth knowledge of federal and provincial payroll legislation, tax regulations, and labor standards.
• Payroll Compliance Professional (PCP) designation is an asset.
• Proficiency in using payroll software and strong analytical skills.
• UKG payroll software experience preferred
• Excellent communication and interpersonal skills.