Payroll Analyst

Hydro One Limited; Toronto; Hybrid; CAD 55,000 - 83,000; Full time

Job summary

Hydro One Limited in Toronto is seeking a temporary contractor to perform payroll processing for employees and pensioners, ensuring accuracy, confidentiality, and adherence to procedures. You will input and maintain data across systems, validate records, and assist with remittances and standard reports.

You will support the Payroll Leader, handle high-volume periods, conduct pay analysis, oversee reconciliation, and contribute to process improvements.

Qualifications

• 3+ years of payroll experience with full payroll processes.
• Strong analytical skills to identify anomalies.
• Advanced Excel (PivotTables, VLOOKUP, formulas).
• Payroll reconciliation experience.
• Experience with SAP payroll and finance modules.
• Highly organized with strong communication.

Responsibilities

• Support Payroll Leader with day-to-day operations.
• Provide payroll processing support during high-volume periods.
• Data analysis and KPI reporting.
• Manage the overpayment process, by conducting analysis and providing solutions.
• Develop and prepare reports to assist the Payroll Leader with monitoring the performance of the team.
• Act as a payroll subject matter expert for the organization and as a key point of contact for Payroll related escalations.
• Assist with training programs related to Payroll processing.
• Coordinate Payroll reconciliation and audit efforts led by Finance; coordinate teams and data requests within Payroll Special Projects.
• Support and participate in complex projects with multiple work streams and multiple stakeholders Process Oversight.
• Monitor and track KPIs using a dashboard or similar tool.
• Prepare internal and external reporting to meet regulatory and management reporting requirements, while optimizing processes and identifying cost efficiencies.
• Manage all Payroll-related SOPs and documentation, ensuring they are kept up to date with system releases Continuous Improvement.
• Perform Other Duties as Required

Skills

Payroll data analysis

Excel skills

SAP knowledge

Reconciliation

Communication

Tools

SAP

Job description

This is a temporary contractor position.

Job Function:

• Accountable for performing payroll processing services for employees and pensioners including inputting, updating, and maintaining various computer systems.
• Ensure payroll processing activities are in accordance with payroll processing procedures, collective agreements, HR policies, and internal controls to ensure accuracy, integrity, and confidentiality of data.
• Strong data validations and auditing procedures are paramount to all payroll processing activities to avoid negative impacts to HR/government processing reliant on accurate data.
• Responsible for maintaining and producing remittances/reports and distributing information as needed and to working collaboratively within the team.
• Support the day-to-day operations of the Payroll Operations team by handling administrative information and performing complex analysis on Payroll including pay analysis and OVP.
• Review and approves employee data processes and transactions as needed.
• Support the Payroll Leader and the Payroll Supervisors to ensure efficiencies are gained and provide support to staff in processing transactions, acting as a point of escalation.
• Escalate items to the Supervisor and/or Manager and additional parties (e.g. COEs, HRSC, external vendors) as required. Job

Responsibilities:

• Support Payroll Leader with day-to-day operations for the Payroll function
• Provide additional Payroll processing support during high volume periods
• Data Analysis
• Manage the overpayment process, by conducting analysis and providing solutions
• Develop and prepare reports to assist the Payroll Leader with monitoring the performance of the team
• Develop and prepare reports to assist the business with making strategic decisions Subject Matter Expert
• Act as a payroll subject matter expert for the organization and as a key point of contact for Payroll related escalations
• Support development/presentation of training programs related to Payroll processing
• Provide feedback and recommendations on potential impacts of Payroll changes Payroll Reconciliation
• Coordinate Payroll reconciliation and audit efforts led by Finance; coordinate teams and data requests within Payroll Special Projects
• Assist with special payroll related projects focused on streamlining processes/operations and implementing new Payroll solutions/services
• Support and participate in complex projects with multiple work streams and multiple stakeholders Process Oversight
• Monitor and track KPIs using a dashboard or similar tool
• Prepare internal and external reporting to meet regulatory and management reporting requirements, while optimizing processes and identifying cost efficiencies
• Manage all Payroll-related SOPs and documentation, ensuring they are kept up to date with system releases Continuous Improvement
• Advocate for and participate in continuous improvement., identify possible trends, risks, and business improvements Perform Other Duties as Required

Key Requirements:

• 3+ years of payroll experience with a strong understanding of full payroll processes.
• Strong analytical skills — able to identify anomalies and discrepancies in payroll data (auditor mindset).
• Intermediate to Advanced Excel (pivot tables, VLOOKUPs, formulas, etc.).
• Reconciliation experience within payroll
• Working knowledge of SAP (payroll and finance modules).
• Highly organized, with strong communication skills — must be comfortable collaborating with supervisors, team leads, and finance.

This is a hybrid role requiring the contractor to be on site at least 2 days per week at the Hydro One office in Toronto, ON.