Specialist, Payroll

Role overview

This position sits within Magna, a global mobility technology business known for building advanced automotive solutions. The company emphasizes a collaborative, fast-moving setting with room to grow, learn, and take on varied responsibilities.

About the company

Magna has more than 65 years of experience and operates as a connected ecosystem of products and vehicle expertise. Its work is centered on innovation across the broader transportation landscape, supported by a worldwide team with an entrepreneurial mindset.

What you will do

The Payroll Specialist will own the end-to-end processing of assigned payrolls for Canada and/or the US, including year-end activities, third-party remittances, garnishment setup, and payroll journal entries. This role supports both hourly and salaried employees in union and non-union environments.

• Process Canada and US payrolls on weekly and bi-weekly cycles for hourly and salaried staff.
• Handle payroll scenarios such as garnishments, incentive payouts, deferred incentives, stock options, hypo tax, shadow payroll reporting, and pension payrolls.
• Complete payroll balancing against year-end calendars and assist with audits for other payrolls when required.
• Set up garnishments from the beginning and ensure third-party remittances are prepared and reconciled by due dates.
• Keep payroll records accurate, current, and complete.
• Carry out year-end balancing and support the preparation, filing, and distribution of T4s and/or W2s, including amendments when needed.
• Prepare monthly, quarterly, and annual reports for internal and external stakeholders, including Finance, Operations, and statutory reporting.
• Post payroll journal entries and reconcile related general ledger accounts as requested.
• Maintain detailed division notes, run books, and payroll processing instructions.
• Respond to payroll questions in a way that supports a positive employee experience.
• Take part in payroll system implementations by helping define requirements, supporting test planning, and recording test outcomes.
• Keep checklists and process documentation up to date.

What we are looking for

The ideal candidate brings strong payroll knowledge, excellent organization, and a high level of precision. This role also requires the ability to balance multiple priorities while protecting sensitive information.

• Three to five years of experience processing large-scale payrolls in the US and Canada, ideally for 2,500 or more employees.
• Experience with expatriate or commuter payrolls is an advantage.
• PCP or FPC designation is preferred, or the willingness to work toward one.
• Advanced Excel ability for reporting, metrics, and data checking.
• Strong planning, organization, and prioritization skills.
• Ability to manage confidential information appropriately.
• Very high attention to detail and a track record of producing accurate, high-quality work.

Compensation and work status

The role starts at a salary of $60,000 per year and is available immediately. This is a regular, permanent full-time position based onsite in Aurora, Ontario, Canada.

Additional information

Job descriptions may be shown in more than one language depending on the language selected by the user.

Magna states that an overview of site benefits will be shared during the recruitment process.

The company is committed to equal opportunity hiring and considers applicants based on qualifications and experience, regardless of color, ancestry, religion, gender, origin, sexual orientation, age, citizenship, marital status, disability, or gender identity.

Applicants are asked not to submit applications by email or traditional mail, in line with privacy and data protection requirements.

AI-assisted screening

Magna may use AI tools in the initial review of applications submitted through its Workday system. These tools are intended to help surface qualifications and experience relevant to the role, while final hiring decisions remain with the hiring manager and hiring team. Applicant data is not shared externally through these tools and remains within Magna’s systems, subject to privacy and data protection policies. In some jurisdictions, applicants may request an explanation of how AI is used in the decision-making process.

Worker type and group

Worker type: Regular / Permanent.

Group: Magna Corporate.