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Form of workRequisition ID: 196905
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
The Senior Analyst Global Payroll and Compliance is responsible for supporting Payroll compliance projects and initiatives to ensure data accuracy and efficiency within SAP and regulatory requirements. This role collaborates with Payroll Operations, Payroll Controls, Total Rewards COE, IT&S/HR Support and other business areas to create future processes, document and manage all project related tasks and requirements. This role ensures all activities conducted are compliant with technical foundations, governing regulations, internal policies, procedures and completed in accordance with the Bank's policies and procedures, standards, and regulations.
Is this role right for you? In this role you will:
Supports project execution of global expansion initiatives (Global HR Transformation), providing insights and ensuring payroll accuracy, efficiency and compliance
Subject matter expert in Global Payroll and compliance as well as working knowledge of banking regulations, laws and policies
Collaborates with Manager, Global Payroll and Compliance to evaluate and analyze existing payroll policies, procedures and processes to identify improvement/enhancement opportunities and implement solutions to address them
Collaborates with Manager, Global Payroll and Compliance in SOX audit process, ensuring strong process controls are implemented and documentation is prepared and updated regularly for Financial and Regulatory processes. On an ongoing basis, ensure processes are reviewed regularly and enhanced where required.
Conduct audits of business and compliance controls, including development and execution
Ensure that compliance issues are appropriately logged, and remediated, ensuring the analysis, key themes, and/or root causes are identified, and impact are assessed.
Analyze and build business requirements regarding the payroll system to align with established project requirements, and provides technical expertise and payroll systems support for SAP as required
Holds self accountable for ensuring the accurate administration, remittance and reporting of payroll related activities in compliance with relevant employment standards and legislations
Seeks opportunities to improve/enhance payroll processes, provides insights and recommending solutions to Manager, Payroll and Compliance
Understands how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions
Manage ad- hoc projects as assigned by management or by the Sr leadership team.
Embrace and drive change as required. Identify opportunities to improve efficiency and propose changes to the management.
Building effective working relationships across the team and with various business lines and corporate functions.
Do you have the skills that will enable you to succeed in this role? We'd love to work with you if you have the below:
Post-secondary Degree or Diploma in Accounting or Business or related field
Experience with a large ERP payroll system such as SAP or PeopleSoft is an asset but not a must
Payroll Designation from the National Payroll Institute - Completed or in progress
Previous (4+ years) experience in payroll operations
Intermediate to advance skills using Excel
Experienced in Power BI, MS Projects, Visio
Deep understanding and knowledge of Bank policies and procedures
Strong knowledge of Organizational structure and complexity
Strong understanding of payroll policies and processes
Excellent interpersonal and communication skills
Attentive to details and deadlines; ability to manage multiple priorities
Strong analytical skills
Good knowledge of regulatory requirements, with ability to adapt as requirements change
What's in it for you?
The opportunity to join a forward-thinking and collaborative team, surrounded by innovative thinkers
A rewarding career path with diverse opportunities for professional development
Internal training to support your growth and enhance your skills
An inclusive working environment that encourages creativity, curiosity, and celebrates success!
Location(s): Canada : Ontario : Toronto
Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.
At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.
