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About the Role

The role is a key resource in the complete co-ordination and implementation of all compensation administrative functions, including payroll administration. Demonstrates a deep understanding of associated policies, procedures, compliance, and regulatory requirements. Ensures activities are delivered in a timely and highly precise manner by developing and following relevant processes and procedures. Provides specialized knowledge and advice to the Employee Experience team, employees, and leaders. Works effectively with the Manager, Employee Experience Operation and Employee Experience Operations Partners to deliver an exceptional employee experience.

Responsibilities

Manage the ongoing administration and bi-weekly processing requirements of the payroll process, including the full payroll cycle from timesheet entry to general ledger posting.
Develop processes and structures for seamless payroll execution while ensuring policy and legislative compliance.
Act as a key resource on CRA and relevant provincial/federal legislation for all Meridian companies, making recommendations on legislative application.
Cross-train with peers and maintain ongoing communication for appropriate payroll implementation and processing.
Accurately and efficiently process all required Record of Employments.
Reconcile and produce required government remittances and meet annual T4 tax requirements.
Participate in the year-end process for annual Pension Adjustment determination.
Oversee the administration and calculation of taxable benefits, including mortgage and line of credit benefit programs.
Act as key liaison with external payroll vendors to address complex issues and ensure high service standards.
Cooperate with and ensure compliance with internal and external audit procedures and requirements.
Assist with the development and revision of Employee Experience Operations owned policies.
Maintain pay and compensation information in policies, booklets, guides, web portals, and websites.
Prepare and process payments for all paid leaves administered by the Pension & Benefits team.
Support Pension & Benefit retirement service awards calculations.
Represent Employee Experience Operations on special projects and initiatives, leveraging subject matter expertise.
Provide support and clarity to the HR team on all payroll and compensation-related issues.
Maintain strict confidentiality and discretion in all areas of work concerning employee relations.
Act as a key resource for severance package calculations and related expenditures, providing reconciliation information and assisting in variance investigations.
Provide input on annual variable incentive plan recommendations and play a key role in the calculation of ASR and STIP payments.
Ensure accuracy and integrity of calculations, processing, and record-keeping for incentive plans.
Supply salary budget data as required and participate in monthly and annual salary budget processes.
Be accountable for the reconciliation of all relevant payroll and compensation general ledgers.
Develop key relationships with Finance, providing support, documentation, and checks & balances to ensure financial statement accuracy.
Partner with Finance to create and reconcile monthly severance reports, providing further information as required.
Create and develop reports in conjunction with Performance Measurement and Financial Reporting to meet management requirements.

Requirements

Strong specialized knowledge of all HR, Compensation, and Payroll policies and procedures.
Knowledge of all relevant legislation and external supplier contracts, including CRA and ESA legislation.
Strong client service skills to effectively provide advice to the Employee Experience team and employees.
Proven financial reporting capabilities, including comprehension and application of accepted accounting principles and reconciliation procedures.
Strong proven computer skills, including Microsoft Outlook, Word, PowerPoint, and Excel at an advanced level.
Proven time management ability and meticulous work habits and record keeping for duties characterized by frequent change and non-negotiable deadlines.
Courteous and professional demeanor.
Ability to work as an independent contributor and a positive team member.
Commitment to the ongoing enhancement of skills and knowledge supported by a learning environment.
Proven ability to work in a confidential manner, demonstrating appropriate discretion at all times.
Comfort learning and adopting new digital tools, with an openness to using AI-enabled technology to enhance productivity, accuracy, and the Member experience.
Experience with low/no code tools like the Microsoft Power Platform and generative AI productivity tools like Microsoft Copilot is considered an asset.
Ability to analyze, evaluate and interpret information from various sources and apply logic and problem-solving to make decisions.
Ability to leverage data and insights to identify, prioritize and improve member experience and business efficiency.
Comfort navigating and embracing change and uncertainty, asking questions, exploring options, and continuously learning and growing.

Skills

Payroll administration
Compensation administration
CRA legislation
Provincial and federal legislation
Record of Employments processing
Government remittances
T4 tax requirements
Pension Adjustment determination
Taxable benefits administration
Vendor management
Audit procedures
Policy development
HRIS
Financial reporting
General ledger reconciliation
Severance package calculations
Variable incentive plan calculation
Salary budget management
Microsoft Outlook
Microsoft Word
Microsoft PowerPoint
Microsoft Excel
Time management
Record keeping
Confidentiality
Discretion
AI-enabled technology
Low/no code tools
Microsoft Power Platform
Generative AI productivity tools
Microsoft Copilot
Critical Thinking
Data Driven
Curiosity
Flexibility

Location

Toronto Corporate Office, 3280 Bloor St W, Etobicoke, ON
St. Catharines Corporate Office, 75 Corporate Park Drive, St. Catharines, ON

Work Type

Hybrid

Experience Level

Minimum 5 years HR Professional experience preferred in a similar role

Education Level

Completion of the Payroll Compliance Practitioner (PCP) through CPA
Completion of Certified Payroll Manager (CPM) designation through CPA is strongly preferred
Bachelor's degree in business administration or accounting is an asset

Salary/Compensations

CAD $52,000.00 to $78,000.00 annually

Benefits

Inclusive and collaborative working environment that encourages creativity, curiosity, and celebrates success
Tools and technology needed to delight candidates and clients
Opportunity to work with and learn from diverse industry leaders
Hybrid work arrangements with in-person office time to collaborate, innovate and build relationships with colleagues
Work hard and have fun environment

About the Company

At Meridian our aspiration is to integrate our purpose into everything we do for people, the planet, and communities.
Meridian is Ontario’s largest credit union, and second largest in Canada, helping to grow the lives of our more than 380,000 Members.
Meridian has more than 80 years of banking history and is 100% owned by its members.
With 87 retail branches and 15 Business Banking Centers across Ontario and $ 32B in assets under management, Meridian offers a full range of financial products and services to its retail, business banking and wealth members.
With over 2200 employees and corporate offices located in Toronto and St. Catharines, Meridian has a track record of creating and delivering innovative new offerings and is committed to investing in the communities that we serve.
Our plan is to build on our momentum as we deliver on our purpose - helping our members achieve their best life.
At Meridian, we’re not just adapting to the future—we’re shaping it.
We see talent as a catalyst for sustainable growth, community impact, and future-readiness.
As the financial landscape evolves, we’re looking for team members who bring embedding & leveraging technology, critical thinking, data driven insights, curiosity & flexibility.

Equal Opportunity

Meridian committed to promoting an inclusive, accessible environment, where all employees and customers feel valued, respected and supported.
We are dedicated to employing a workforce that reflects the diversity of our communities and Members in which we live and serve.
Qualified applicants will receive consideration without regard to race, color, religion, sex, national origin, age, sexual orientation, gender identity, gender expression, or disability.