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Magna

Automotive components and contract manufacturing provider

Tax Specialist - Payroll

Payroll AccountingConfirmed live in the last 24 hours
Full-timeAurora, ON, CanadaCA$70k /yrIn-person

About the Job

Requirements

  • A bachelor's degree in accounting, finance, or a related field.
  • A minimum of 3 years of payroll experience focused on tax and garnishments.
  • In-depth knowledge of U.S. and Canadian payroll tax laws and regulations.
  • Proficiency in Ceridian Dayforce, including its tax and garnishment features.
  • Strong Microsoft Excel skills.

Responsibilities

  • Accurately calculate, report, and remit federal, state, and local payroll taxes in accordance with applicable laws.
  • Stay informed about changes in tax legislation, Internal Revenue Service regulations, and state and local tax codes, and proactively update payroll systems to maintain compliance.
  • Assist with payroll tax audits by preparing required documentation and responding promptly and accurately to government agency inquiries.
  • Ensure compliance with payroll tax filing deadlines, including quarterly and annual returns such as Forms 941, W-2, W-3, T4s, T4As, T2200, Canada Revenue Agency forms, Workplace Safety and Insurance Board filings, and Employer Health Tax filings.
  • Develop, document, and implement standardized tax compliance policies and internal controls to streamline processes and ensure consistency.
  • Coordinate with external tax advisors and internal finance teams on complex tax matters and year-end processes.
  • Monitor and reconcile tax liabilities and payments across jurisdictions, ensuring proper allocations and documentation.
  • Use Ceridian Dayforce for payroll processing, focusing on tax and garnishment modules.
  • Troubleshoot Dayforce issues, identify root causes, and provide timely technical support and resolution.
  • Collaborate with human resources information systems and information technology teams to enhance system capabilities and support Dayforce integration with other business platforms.
  • Conduct regular system audits to ensure employee records, tax settings, and garnishment data are accurate and current.
  • Train and support payroll team members on new Dayforce features, system updates, and best practices.
  • Participate in system upgrades, testing, and implementation of new modules, and provide insights to optimize payroll functionality.
  • Maintain system documentation, user guides, and configuration logs for reference and compliance purposes.
  • Process employee garnishments, including child support, tax levies, and creditor garnishments.
  • Communicate with divisions and external agencies regarding garnishment orders.
  • Maintain accurate garnishment records and ensure timely payments in compliance with legal requirements.
  • Monitor and manage garnishment balances and ensure proper allocation of funds.
  • Provide guidance and support to divisions regarding garnishment-related questions and concerns.
  • Reconcile payroll tax filings and garnishment deductions to ensure alignment among payroll reports, tax submissions, and financial records.
  • Prepare, analyze, and review payroll reports, including earnings, tax, and deduction summaries, to ensure completeness and compliance.
  • Identify payroll discrepancies through detailed data analysis and implement corrective actions to maintain data integrity.
  • Generate month-end, quarter-end, and year-end payroll reports for accounting, audit, and compliance purposes.
  • Collaborate with Finance and Human Resources teams to align payroll reporting with financial statements and internal controls.
  • Provide data and insights to support audits, budget planning, and executive decision-making related to payroll expenses.

About the Company

Magna

Automotive components and contract manufacturing provider

Magna is a global mobility technology company and one of the world's largest automotive suppliers. It designs, manufactures, and integrates components and systems such as body exteriors, powertrains, seating, and ADAS, and also provides complete vehicle engineering and contract manufacturing services. Its products are developed in 338 plants across 28 countries, enabling automakers to outsource from individual parts to full vehicle assembly and to adopt both traditional and electric powertrains in a single facility. Magna's goal is to be a trusted, one-stop partner that accelerates electrification and advanced mobility through its integrated manufacturing and engineering capabilities.

Company size
10,001+
Company stage
IPO
Headquarters
Aurora, Canada
Founded
1957

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