Senior Pension & Benefits Specialist

IVARI•Toronto, ON

4d•CA$68,000 - CA$91,500•Hybrid

About The Position

This position is an existing vacancy. As the Senior Pension & Benefits Specialist you will be responsible for accurate and timely administration, oversight, and interpretation of the organization’s pension and benefits plans across multiple entities and provinces. Additionally, you will develop processes, maintain operational controls as well as identify and manage risk. You also will provide support for payroll activities, including payroll processing, validation of employee data, reconciliation of benefit and pension-related payroll deductions, review of payroll outputs, and resolution of payroll-related inquiries as required.

Requirements

Minimum 5 years of progressive Human Resources experience specializing in Pension & Benefits administration, and a minimum of 2 years experience with Payroll
Strong working knowledge of pension & benefits best practices, and pension regulations
Solid understanding of payroll and government guidelines and regulations
Excellent interpersonal skills
Strong technical skills in MS Outlook, MS Office including Word and Excel
Excellent verbal and written communication skills
Able to maintain a high level of confidentiality, and professionalism
Strong problem solving and analytical skills as well as organizational, multi-tasking and prioritizing skills
Proven aptitude for detail and accuracy
Ability to communicate with various levels of staff including management
Ability to work independently or as part of a team to meet constant deadlines

Responsibilities

Oversee and validate pension and RRSP records, including member eligibility, enrolments, changes, terminations, etc.
Liase with pension consultants, custodians, record keepers, and vendors to resolve escalated issues, retirements, terminations, and plan administration requirements
Interpret and manage termination, retirement, pension quote, pension adjustment, SERP, Form 7, and year-end reporting requirements
Provide pension guidance to employees, HR, management, and other stakeholders, and monitor legislative or plan changes
Oversee employee savings plan records and payroll-related updates, including member eligibility, contribution changes, terminations, deduction accuracy, and reconciliation requirements
Act as point of contact with plan sponsors, HR, payroll, and employees to interpret plan provisions, and resolve issues
Oversee benefit records and plan administration activities
Analyze and reconcile monthly benefit billings, payroll deductions, Finance reports, and general ledger information
Manage benefit premium payments for employees on leave and retirees
Administer and provide specialized oversight for executive benefit programs
Develop, analyze, and validate pension, benefits, payroll, general ledger, month-end, salary expense, cross-charge, billing, remittance, and ad hoc reporting
Provide support for payroll processing
Support payroll, pension, benefits, ICFR, internal audit, and external audit activities