HR Analyst I

ICONMA; Toronto; Hybrid; CAD 80,000 - 100,000; Full time

Job summary

A prominent financial institution in Toronto is seeking an HR Analyst I to manage payroll processes, support expatriate assignments, and ensure compliance with year-end filings. The ideal candidate has at least 2 years of experience, is knowledgeable about Canadian and U.S. payroll regulations, and is proficient in Workday. This role offers health benefits and professional growth opportunities.

Benefits

Health Benefits

Referral Program

Growth and advancement opportunities

Qualifications

• At least 2 years of relevant experience.
• Strong knowledge of payroll regulations.
• Proficient in legislative updates related to payroll.

Responsibilities

• Balance year-end tax slips and complete government filings.
• Support expatriate assignments and globally mobile employees.
• Ensure the integrity of Workday HR/Payroll data.

Skills

Canadian Federal/Provincial payroll regulations

U.S. payroll regulations

Workday

Microsoft Excel

Attention to detail

Analytical skills

Effective communication

Education

Payroll Compliance Practitioner Designation

Tools

Workday HRIS System

Job description

Our Client, a Banking company, is looking for an HR Analyst I for their Toronto, ON/Hybrid location.

Responsibilities:

• Balance all year-end tax slips and complete year-end government filings.
• Support expatriate assignments and some globally mobile employees.
• Participate in internal and external audits.
• Provide customized payroll and year-end tax slip support for the CEO and Senior Executive Team.
• Manage end-to-end Board of Directors’ payrolls.
• Identify, review, and prepare POIs for reconciliation as needed.
• Review and correct taxes from the Retiree Demographic report and the US Tax Data Query.
• Respond to and resolve inquiries regarding payroll issues from all levels within the bank using various data retrieval methods.
• Make process improvement recommendations and assist in planning and implementing solutions.
• Act as a brand champion for the business area/function and the bank, both internally and externally.
• Ensure the integrity of the Workday HR/Payroll data, including testing and validation.
• Assist in preparing manual and amended tax slips.
• Support payroll accounting year-end data processing to ensure accuracy.
• Recommend and implement process changes to improve efficiency and accuracy.
• Manage adjustments and resolutions with business partners as needed.
• Process quarterly Director Fees payroll.
• Handle manual off-cycle processing and EIB data loads.
• Process bi-weekly cheque reversals.
• Run and act on Pier/Variance reports to correct data errors and ensure accurate year-end tax slips.
• Perform other tasks as required.
• Manage daily administrative processes for expatriate payroll.
• Support shadow payroll processing.
• Balance payroll tax slip boxes.
• Provide timely resolutions to inquiries from internal and external partners.
• Review and validate annual PIER reports from CRA and RQ.

Requirements:

• At least 2 years of relevant experience.
• Payroll Compliance Practitioner Designation (or working towards it).
• Strong knowledge of Canadian Federal/Provincial and U.S. payroll regulations (CRA, Revenu Quebec, IRS).
• Experience with Workday, especially in Year-end processes, resolution management, and Pier/Variance report reconciliation.
• Experience with in-house Payroll HRIS System, specifically Workday.
• Proficient in legislative updates related to payroll.
• Excellent attention to detail and organizational skills.
• Skilled in Microsoft Excel for data analysis and supporting business operations.
• Effective communication and strong analytical skills.

Why Should You Apply?

• Health Benefits
• Referral Program
• Growth and advancement opportunities

As an equal opportunity employer, ICONMA supports and encourages all individuals regardless of race, color, religion, gender, sexual orientation, gender identity or expression, ethnicity, national origin, age, disability, political affiliation, genetics, marital status, veteran status, or any other characteristic protected by law.