Analyst, Payroll Compliance

Porter Airlines Inc.•Toronto, ON

65d•Hybrid

About The Position

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.

Requirements

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

Nice To Haves

Prior airline experience is an asset

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