BMW Toronto Looking for Payroll Specialist at Toronto, Ontario, Canada Full Time

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

• 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.
• 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.
• 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
• 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.