Job Description

Description :

Who we are:

Meridian's dedication to helping Canadians goes beyond banking, it's about achieving a better life! Thriving communities are essential to the individual well-being of our Members and the overall well-being of Canadians.

At Meridian, we're committed to providing exceptional banking, services, security, and advice so our Members can get everything they want from their money, and their lives!

Find our story here:

About this role:

The role is a key resource in the complete support of all compensation administrative functions, including payroll administration. Demonstrates a detailed understanding of associated policies, procedures, compliance, and regulatory requirements. Ensures activities are delivered in a timely and highly precise manner by following relevant processes and procedures. Work effectively with the Manager, Employee Experience Operations and Senior Payroll Specialist to deliver an exceptional employee experience to all employees.

What you'll do:

Payroll

• Complete the ongoing administration and bi-weekly processing requirements of payroll. This includes full payroll cycle from initial imports to posting general ledgers.
• Act as a key resource on CRA and relevant provincial and federal legislation for all Meridian companies and ensure policy and relevant legislative compliance at all times.
• Maintain ongoing communication with Employee Experience Operations Partners to allow for appropriate payroll implementation and processing.
• Accurately and efficiently process all required Records of Employment.
• Calculate and process manual payments and support with special payments as required.
• Work with Senior Payroll Specialist to perform year end tasks, including reconciling and producing required government remittances and reconciliations and meeting annual T4 requirements.

Oversees the administration and calculation of taxable benefits, including mortgage and line of credit benefit programs.

External Operations

• Liase with external payroll vendors to deal with complex issues and ensure high service standards are being met.
• Work closely with HRIS vendor to correct system errors impacting payroll processing.

Co-operation and compliance with internal and external audit procedures and requirements.

Internal Operations

• Assist in the maintenance of pay and compensation information in policies, booklets, guides, web portals, websites, etc.
• Prepare and process payments for all paid leaves administered by the Pension & Wellness team, including but not limited to top-up and short term disability.
• Calculate payments for retirement service awards and severance as required.

Represent Employee Experience Operations on various initiatives, leveraging subject matter expertise to contribute to an optimal end product.

HR Relations

• Provide support and clarity to HR consulting team on all issues related to payroll and compensation offered at Meridian.
• Maintain strict confidentiality and discretion in all areas of work concerning employee relations.
• Act as a key resource with regards to severance package calculations and severance related expenditures. Provide severance reconciliation information and assist in the investigation of variances against accruals.
• Provide input on the annual salary increase plan recommendations and play a key role in processing increases and retro payments. Ensure the accuracy and integrity of the calculations, processing and record keeping.

Supply salary budget data as required and participate in monthly and annual salary budget process.

HRIS/Financial Reporting

• Develop key relationships with Finance and provide support, documentation, and checks & balances to ensure accuracy of financial statements.
• Partner with Finance to create and reconcile monthly severance reports, providing further information as required.

In conjunction with Performance Measurement and Financial Reporting, create and develop reports to meet management requirements.

Knowledge, Skills, and Abilities

• Strong specialized knowledge of all HR, Compensation, and Payroll policies and procedures, and all relevant legislation and external supplier contracts. This includes knowledge of CRA and ESA legislation.
• Strong client service skills to effectively provide advice to the Employee Experience team and employees.
• Proven financial reporting capabilities, including comprehension and application of accepted accounting principles and reconciliation procedures.
• Strong proven computer skills, including Microsoft Outlook, Word, PowerPoint, and Excel at an advanced level.
• Proven time management ability and meticulous work habits and record keeping, for duties characterized by frequent change and non-negotiable deadlines.
• Courteous and professional, with the ability to work as an independent contributor and a positive team member.
• Commitment to the ongoing enhancement of skills and knowledge supported by a learning environment.
• Proven ability to work in a confidential manner, demonstrating appropriate discretion at all times.

Education, Designations, Training, and Experience

• Completion of the Payroll Compliance Practitioner (PCP) through NPI is strongly preferred
• Minimum 5 years HR Professional experience preferred in a similar role
• Bachelor's degree in business administration or accounting is an asset

Competencies

Member Focus - Personally demonstrating that our Members are our highest priority.

Proactive - Seize the initiative by anticipating needs and identifying opportunities to provide a higher level of service.

Open Communication - Engaging in honest and transparent dialogue to develop mutual understanding, trust and cultivate deeper relationships.

Business Savvy - Continuously acquiring the knowledge needed to do one's job to the fullest, using internal or external resources and applying the knowledge productively.

Partner Orientation - Initiates opportunities for collaboration and maintains productive relationships to achieve shared goals.

Integrity - Doing the right thing by always acting with openness, honesty and respect.

Talent Developer: nurtures and supports direct reports, identifies strong team members, develops digital and analytical skills in direct reports

Creates a Supportive and Positive Team Environment: creates and contributes to a positive team environment which encourages innovation, risk taking, and learning; speeds up team learning through sharing best practices; leverages the strengths and opportunities of the broader marketing team.

Experience the Difference!

Meridian is committed to promoting an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to employing a workforce that reflects the diversity of our communities and Members in which we live and serve.

Qualified applicants will receive consideration without regard to race, color, religion, sex, national origin, age, sexual orientation, gender identity, gender expression, or disability.

Please note that due to the volume of applications, only those under consideration will be contacted for an interview.

Thank you for your interest in Meridian Credit Union.

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