Payroll Specialist I

The Toronto-Dominion Bank (Canada); Toronto; On-site; CAD 70,000 - 98,000; Full time

Job summary

TD Bank Group in Toronto, Ontario, is seeking a Payroll Tax Specialist to ensure accurate and compliant payroll tax administration across Canada. You will work with Payroll, HR, Finance, Technology, and external agencies to support regulatory requirements and process improvements.

The role offers exposure to CRA/RQ/IRS compliance, year-end reporting, and cross-border payroll activities, with opportunities for growth within Payroll Tax and related functions, along with TD's Total Rewards and

Qualifications

• Knowledge of Canadian federal/provincial and U.S. payroll regulations.
• Experience with Workday and data integrity reconciliation.
• Strong Excel skills and analytical abilities.

Responsibilities

• Balance year-end tax slips and file government forms per CRA, Revenu Quebec, IRS.
• Prepare T4, RL1, T4A, RL2, NR4, RCA, 1042‑S, 1099‑R slips and related forms.
• Maintain regulatory compliance across Canadian and US jurisdictions.
• Support expatriate and globally mobile payroll activities.
• Collaborate with internal stakeholders to resolve payroll discrepancies.

Skills

Excel

Communication

Analytical

Education

Payroll Compliance Practitioner PCP

Tools

Workday

Job description

Work Location: Toronto, Ontario, Canada
Hours: 37.5
Line of Business: Human Resources
Pay Details: $69,700 - $98,400 CAD

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.

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‑border 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 year‑end 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

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.

Training & Onboarding

We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.

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.

Language Requirement (Quebec only): Sans Objet

Our Values:

At TD we’re guided by our purpose to enrich the lives of our customers, communities and colleagues, and share a set of values that shape our culture and guide our behavior. In exchange for how our colleagues show up to help TD succeed, we are committed to delivering a colleague experience grounded in Impact, Growth and a Culture of Care. No matter where you work across TD, we empower you to make an impact at work and in your community, explore and grow your career and be part of our caring and inclusive culture.

Our Commitment to Diversity, Equity, and Inclusion

At TD, we’re committed to fostering an environment where all colleagues are encouraged to bring their authentic selves to work, experience equitable opportunities, and feel respected and supported. We’re dedicated to building an inclusive workforce that reflects the diversity of the customers and the communities in which we live and serve.

Helping to Make an Impact in Communities – TD Ready Commitment

TD has a long‑standing commitment to help drive progress towards a more inclusive and sustainable future. That’s why we launched the TD Ready Commitment in 2018, now a multi‑year North American initiative. Under the TD Ready Commitment, we are targeting a total of C$1 billion by 2030 in community giving across four key, interconnected drivers of change: Financial Security, Vibrant Planet, Connected Communities, and Better Health. It’s our goal to help support change, nurture progress, and contribute to making the world a better, more inclusive place for our customers, colleagues, and communities.