Payroll Specialist

About BOMCAS Canada: BOMCAS Canada is a distinguished accounting firm dedicated to delivering exceptional financial solutions tailored to a diverse clientele. Rooted in expertise, innovation, and client-centric values, we excel in providing unparalleled service in the dynamic landscape of finance. Our team of professionals upholds the highest standards of precision, strategic insight, and client satisfaction, ensuring our clients receive the best in financial services.

Job Overview: BOMCAS Canada is seeking a meticulous and detail-oriented Payroll Specialist with a deep understanding of Canadian payroll regulations to join our team. As a Payroll Specialist, you will play a crucial role in managing payroll processes for our clients, ensuring accurate and timely compensation for their employees while adhering to the intricacies of Canadian payroll laws and regulations.

Responsibilities:

• Collaborate closely with clients to gather accurate and complete employee payroll data.
• Process and calculate employee salaries, wages, overtime, and bonuses in accordance with provincial and federal labor laws.
• Ensure compliance with Canadian payroll regulations, tax requirements, and employment standards.
• Stay up-to-date with changes in payroll legislation and adjust processes accordingly.
• Prepare and distribute accurate paychecks or electronic transfers to employees, factoring in deductions, benefits, and other variables.
• Administer statutory deductions, such as income tax, CPP, and EI contributions, and remit them to appropriate authorities.
• Manage employee benefits, including health plans, retirement contributions, and other deductions.
• Maintain meticulous records of employee earnings, taxes, deductions, and contributions.
• Prepare and file payroll tax forms, including T4 and T4A statements, and remit source deductions on time.
• Respond to employee inquiries regarding payroll, taxation, and compensation.
• Collaborate with cross-functional teams to deliver comprehensive payroll solutions.

Qualifications:

• Relevant diploma or certification in payroll administration or accounting.
• Proven experience as a payroll specialist with expertise in Canadian payroll regulations.
• Proficiency in Canadian payroll software and Microsoft Office suite.
• Strong knowledge of federal and provincial payroll regulations, tax requirements, and compliance.
• Attention to detail and accuracy in processing complex payroll data.
• Effective communication skills to interact with clients, colleagues, and government authorities.
• Ethical and professional approach to payroll administration.

Why BOMCAS Canada:

• Canadian Payroll Expertise: Navigate complex Canadian payroll regulations with confidence.
• Compliance Assurance: Ensure meticulous adherence to federal and provincial payroll laws.
• Professional Growth: Gain experience within a dynamic and innovative accounting firm.
• Collaboration: Work in a collaborative environment to deliver tailored payroll solutions.
• Industry Impact: Contribute to the firm’s reputation for exceptional financial services.
• Competitive Compensation: Enjoy a competitive salary and benefits package.

As a Payroll Specialist at BOMCAS Canada, you’ll be an invaluable contributor to ensuring accurate and compliant payroll processes, especially in the context of Canadian payroll regulations. Join us in shaping the future of efficient payroll management while making a significant impact on our clients, team, and industry.