Teledyne Technologies

Payroll Specialist

Locations CA-ON-Vaughan
Requisition ID
2021-16629
Company
Teledyne Optech

Company Overview

Teledyne Optech is a pioneering company who put lidar technology on the map. Over its 40 years of existence, Teledyne Optech has designed, manufactured and fielded innovative imaging systems for applications on the ground, on water, in the air and even in space, and has created new, high-growth markets. 

Position Summary and Responsibilities

Ensures payroll is processed with speed and accuracy. Serves as liaison to employees and with third party payroll vendors to ensure payroll processing accurately reflects company specific pay policies. Audits employee pay records and reconciles totals by department, location, country, etc. Coordinates third party payroll system implementations and upgrades. Interprets pay policies, (e.g., vacation, LOA, disability, workers compensation, government regulations, etc.) and ensures appropriate amounts/deductions are calculated and applied to the various accounts correctly. Verifies compliance with federal and state payroll requirements; stays current with changes in the law. May assist with audits of internal records, workers compensation, tax filings and related documentation. Documents payroll processes and procedures; may train payroll department staff. May back up those who perform specialized tasks or activities such as stock option exercises, benefit and pension contributions, or sales commission calculation reviews. Exercises judgment in selecting methods, techniques and evaluation criteria for obtaining results.  Determines critical methods and procedures on new assignments and may coordinate activities of other personnel.

 

Essential Duties and Responsibilities include the following. Other duties may be assigned.

  • Reviews, or directs review of, personnel records to determine names, rates of pay, and occupations of newly hired workers, and changes in wage rates and occupations of employees on payroll.
  • Records, or directs recording of, new or changed pay rates in payroll register or computer files.
  • Directs computation of pay according to company policy.
  • Directs compilation and preparation of other payroll data such as pension, insurance, and credit union payments.
  • Reviews and approves payroll deductions.
  • Interprets company policies and government regulations affecting payroll procedures.
  • Directs preparation of government reports.
  • Reviews payroll to ensure accuracy.
  • Determines work procedures, prepares work schedules, and expedites workflow.
  • Completes reports for proper accounting of expenditures and accrual balances.
  • Maintains and validation completeness of time tracking tools and reports.

Qualifications

  • 5 years of experience as a payroll specialist
  • Experience with Workforce Now
  • Experience with SAP, previous experience with SAP implementation would be an asset
  • Experience with managing benefit and retirement savings plan contributions
  • Experience with MS Office tools

Options

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