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Payroll Tax Specialist (Current & Future Opportunities)

TDLondon, Ontario, Canada …Full time
C$70k – C$98kPosted 1 week ago
International TaxIndirect / VAT
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Role description

From the employer

Work Location

  • Toronto, Ontario, Canada

Hours

  • 37.5

Line of Business

  • Human Resources

Pay Details

  • $69,700 - $98,400 CAD
  • TD is committed to providing fair and equitable compensation opportunities to
  • all colleagues. Growth opportunities and skill development are defining features
  • of the colleague experience at TD. Our compensation policies and practices have
  • been designed to allow colleagues to progress through the salary range over time
  • as they progress in their role. The base pay actually offered may vary based
  • upon the candidate's skills and experience, job-related knowledge, geographic
  • location, and other specific business and organizational needs.
  • As a candidate, you are encouraged to ask compensation related questions and
  • have an open dialogue with your recruiter who can provide you more specific
  • details for this role.

Job Description

  • Why TD
  • At TD, we believe our colleagues are our greatest asset. As one of North
  • America's leading financial institutions, we offer the stability, scale, and
  • resources of a large organization while fostering a culture built on
  • collaboration, inclusion, and continuous learning.
  • As a Payroll Tax Specialist, you will play an important role in supporting the
  • accurate and compliant administration of payroll tax and statutory requirements
  • across Canada. You'll have the opportunity to work in a dynamic environment that
  • combines technical expertise, regulatory compliance, and process improvement
  • while partnering with teams across Payroll, Human Resources, Finance,
  • Technology, and external agencies.
  • Our team is committed to delivering an exceptional colleague experience through
  • operational excellence, innovation, and a continuous improvement mindset. You'll
  • be encouraged to share ideas, challenge the status quo, and contribute to
  • solutions that strengthen payroll processes and compliance while supporting
  • colleagues across the organization.
  • In addition to competitive compensation and comprehensive benefits, TD offers
  • learning opportunities, career development programs, mentorship, and the support
  • needed to help you achieve your personal and professional goals.
  • Career Growth at TD
  • A career in Canadian Payroll Tax at TD offers the opportunity to build deep
  • expertise in one of the most specialized areas of payroll while creating
  • pathways to broader opportunities across Payroll Operations, Human Resources,
  • Compliance, Risk Management, Finance, and Enterprise Operations.

You'll have the opportunity to

  • Deepen your expertise in Canadian payroll legislation, federal and provincial

tax requirements, pension administration, and statutory programs

  • Develop specialized knowledge in areas such as CRA compliance, Revenu Québec

requirements, year-end reporting, and regulatory governance

  • Lead and support process improvement, automation, and transformation

initiatives

  • Partner with stakeholders across HR, Payroll Operations, Finance, Technology,

and Compliance

  • Build experience within a large, complex organization supporting colleagues

across multiple provinces and business lines

  • Pursue advancement opportunities within Payroll Tax, Payroll Operations, HR

Shared Services, Compliance, Risk, and leadership roles

Whether your goal is to become a recognized subject matter expert, drive

transformational change, or advance into leadership, TD is committed to helping

you build a rewarding career through ongoing learning, development, and growth

opportunities.

Join TD and bring your expertise to a team where your contributions matter, your

growth is encouraged, and your career potential is supported every step of the

way.

Team responsibilities include

  • Balancing of all year-end tax slips and completion of year-end government

filings in compliance with CRA, Revenu Quebec and IRS regulations

  • Distribution of T4, RL1, T4A, RL2, NR4, RCA, 1042-S, 1099-R government tax

slips and the T2200 and TP64-3 forms

  • Reconciliation and maintenance of regulatory compliance across Canadian and

US jurisdictions

  • Support of all expatriates and globally mobile employee payroll activities
  • Participation in both internal and external audits
  • Customized payroll and year-end tax slip support for the CEO and Senior

Executive Team

  • Managing end to end Board of Directors’ payrolls
  • Identifying, reviewing, and preparing POIs for the Group 1-8 retirees
  • Reviewing and correcting taxes from the Retiree Demographic report and the US

Tax Data Query

  • Respond to employee enquiries through Helpdesk cases

Specific Accountabilities

  • Ensuring the integrity of the Workday data through balancing tax slip boxes

after each pay cycle, including weekly, biweekly, semimonthly, monthly and

quarterly

  • Preparation of manual tax slips, including 102 Regulation requirements for

cross-boarder commuters from the US

  • Preparation of amended tax slips, including the submission to government

agencies

  • Support with all payroll accounting year-end payroll data to ensure they are

recorded and processed accurately

  • Assist in the creation and implementation of new pay components, including

testing and validation in test and production environments.

  • Administration Board of Director's quarterly fees, RSU payments
  • Action variance and exemption reports to correct all data integrity errors to

ensure the accuracy of the year-end tax slips

  • Process of POI (retirees) Group 1-8 balancing and uploads
  • Preform processes and functions for expatriate payroll
  • Support the processing of shadow payrolls
  • Provide accurate and timely resolutions to inquiries from our internal and

external business partners

  • Review and validate the accuracy of our annual PIER reports from CRA and RQ
  • Process, specific payments both manual off cycles and using WD EIB templates
  • Process cheque reversals and other yearend adjustments resulting from data

integrity

  • Collaborate with internal stakeholders to resolve payroll discrepancies and

improve operational efficiencies

  • Cross train and job shadow with YE Team to increase knowledge and support

during critical periods throughout the year

  • Provide payroll data information to various business partners
  • Participate in ad hoc requests and or projects

Qualifications

  • Payroll Compliance Practitioner Designation, (or working on completion) PCP
  • Strong knowledge of Canadian Federal/Provincial and U.S. regulatory and

legislative requirements related to payroll (Canada Revenue Agency/ Revenu

Quebec/IRS)

  • A sound knowledge of Workday, as well as the principals of Resolution

Management, and the principals of the Data Integrity Reconciliation

  • Strong excel skills
  • Strong communication skills
  • Strong analytical skills

Who We Are

  • TD is one of the world's leading global financial institutions and is the fifth
  • largest bank in North America by branches/stores. Every day, we strive to make
  • every interaction, product, and experience remarkably human and refreshingly
  • simple for over 27 million households and businesses in Canada, the United
  • States and around the world. More than 95,000 TD colleagues bring their skills,
  • talent, and creativity to foster deeper relationships, ensure disciplined
  • execution, and build a simpler, faster banking experience. TD is deeply
  • committed to being a leader in client experience, that is why we believe that
  • all colleagues, no matter where they work, are client facing. Together, we are
  • reimagining what banking can be for our clients, colleagues and communities.
  • Our Total Rewards Package
  • Our Total Rewards package reflects the investments we make in our colleagues to
  • help them and their families achieve their financial, physical, and mental
  • well-being goals. Total Rewards at TD includes a base salary, variable
  • compensation, and several other key plans such as health and well-being
  • benefits, savings and retirement programs, paid time off, banking benefits and
  • discounts, career development, and reward and recognition programs. Learn more
  • [http://www.td.com/ca/en/about-td/who-we-are/benefits-of-working-at-td]

Additional Information

  • We’re delighted that you’re considering building a career with TD. Through
  • regular development conversations, training programs, and a competitive benefits
  • plan, we’re committed to providing the support our colleagues need to thrive
  • both at work and at home.
  • Please be advised that this job opportunity is subject to provincial regulation
  • for employment purposes. It is imperative to acknowledge that each province or
  • territory within the jurisdiction of Canada may have its own set of regulations,
  • requirements.
  • Colleague Development
  • If you’re interested in a specific career path or are looking to build certain
  • skills, we want to help you succeed. You’ll have regular career, development,
  • and performance conversations with your manager, as well as access to an online
  • learning platform and a variety of mentoring programs to help you unlock future
  • opportunities.
  • If you’re passionate about helping clients and building deep, lasting
  • relationships, TD offers diverse career paths where you can grow your expertise
  • and make a meaningful impact.
  • We're committed to your success and foster a respectful workplace where diverse
  • perspectives are valued, everyone has fair opportunities to grow, and you can
  • unlock your full potential to achieve your career goals. Here at TD, we hire and
  • develop the best.
  • Training & Onboarding
  • We will provide training and onboarding sessions to ensure that you’ve got
  • everything you need to succeed in your new role.
  • Interview Process
  • We’ll reach out to candidates of interest to schedule an interview. We do our
  • best to communicate outcomes to all applicants by email or phone call.
  • Accommodation
  • Your accessibility is important to us. Please let us know if you’d like
  • accommodations (including accessible meeting rooms, captioning for virtual
  • interviews, etc.) to help us remove barriers so that you can participate
  • throughout the interview process.
  • We look forward to hearing from you!

Language Requirement (Quebec only)

  • *Remarque: Étant donné que cet affichage concerne de futurs postes vacants et
  • qu’il servira à pourvoir de nombreux postes aux exigences comparables à
  • l’avenir, nous invitons les candidats bilingues et francophones à poser leur
  • candidature. Lorsqu’un poste sera à pourvoir, une évaluation des besoins en
  • matière de langue sera effectuée pour déterminer si la connaissance d’une autre
  • langue que le français est exigée.
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