Job Description
We are currently seeking a Payroll Specialist to join our team.
The Payroll Specialist is accountable for supporting payroll operations for First West Credit Union and its subsidiaries, ensuring payroll policies are followed and processes are executed accurately in partnership with Dayforce Managed Services. This role provides technical advice and expertise to the Manager, Payroll to ensure payroll practices are compliant with legislation and supports the Payroll Coordinator in day-to-day execution.
Here’s what would be included as a part of your typical day
Advisory Support: Provides guidance and mentorship to the Payroll Coordinator, reviews payroll outputs for accuracy, and supports resolution of complex payroll issues.
Payroll: Supports payroll execution across multiple pay cycles, ensuring accuracy and timeliness. Coordinates with Dayforce Managed Services to resolve issues and validate outputs.
Compliance: Ensures compliance with payroll-related legislation and regulations; produces payroll remittances and annual tax documents; oversees compliance with statutory reporting and filing requirements; and develops policies and procedures for the payroll function. Assists the Manager, Payroll in maintaining compliance with federal and provincial legislation, including CRA requirements and OSFI readiness.
Controls: Develops processes for reviews and audits of each pay cycle. Supports audit preparation and documentation and ensures payroll records are maintained accurately.
Collaboration: Collaborates with Dayforce Managed Services to ensure system functionality aligns with legislative and organizational requirements.
Continuous Improvement: Reviews and recommends updates to payroll system configuration and, recommends and implements changes leading best-practice operations.
Stakeholder Relations: Supports the Manager, Payroll in CRA-related matters and acts as a secondary contact for escalated payroll inquiries.
Benefits Integration: Ensures payroll processing reflects accurate benefit deductions, leave adjustments, and return-to-work arrangements. Advises on payroll implications of benefit changes.
Required Skills, Experience & Qualifications
Diploma in business administration, accounting or in a related field required or an equivalent combination of experience and education; Bachelor’s degree is an asset
Payroll Compliance Professional (PCP) designation required; Payroll Leadership Professional (PLP) designation an asset
4+ years of payroll experience and advanced knowledge of payroll legislation required
Preferred:
Working knowledge of the Employment Standards Act and Canada Labour Code
Dayforce experience or similar outsourced payroll platforms
Ability to perform complex tasks with little or no supervision; comfortable working in a fast-paced setting where meeting time-sensitive deadlines is required
Strong interpersonal skills and communication skills, with the ability to work well in a team environment
Strong analytical and problem-solving skills; ability to interpret legislation and resolve payroll discrepancies
What’s in it for you:
First, we strive to make our team members feel genuinely rewarded. You’ll have:
Mental health coverage and resources
Customizable health benefits, as well as topped-up parental leave
Performance-based compensation, employee banking advantages and group RRSP matching
Vacation time and flexible work arrangements to support your lifestyle
We are committed to providing a fair, equitable, and competitive rewards package that reflects the value an individual brings to our organization. The compensation mentioned in this job posting should serve as a guide. The total cash compensation earned may vary based on a variety of factors including bonuses and/or incentives, an individual’s skills and experience, and may correlate with performance in the role.
We also provide and encourage opportunities for our employees to make a meaningful impact. After all, as a credit union we’re powered by giving back—in big ways and through small gestures. That's why we offer employees paid time off to volunteer, partner with thousands of local charities, build long-lasting relationships that help our members get ahead and commit to environmental, social and governance (ESG) practices.
By joining our team, you’ll be able to elevate your potential. Wherever your own purpose leads, we’re here to support you with award-winning in-house training programs, access to LinkedIn Learning, and reimbursement for external courses to help you get ahead.
Take the next step in your career as part of our team. Apply for this opportunity!
Candidates, please note: if you are being considered for this role, you will be required to complete a background check, such as employment verification, credit check and criminal record check.
Diversity, Equity, Inclusion & Belonging
At First West Credit Union, we embrace diversity regardless of gender identity or expression, ****** orientation, religion, race, ethnicity, age, diverse ability, and any aspect that makes someone unique. Inclusion is woven through our organization, from our employee-led network groups, hiring practices and education programs that address barriers and continually grow our equitable, diverse and inclusive culture.
We encourage people who are from equity-deserving groups to apply for a career with us, including women or non-binary people, persons with diverse abilities, Black, Indigenous Peoples, People of Colour and members of 2SLGBTQIA+ communities.
If an accommodation would help you during the process of applying or interviewing for a career with us, please let us know how we can assist you, whether it’s preparing materials in an alternate format, booking an accessible meeting room or other arrangement.
Your individuality is welcome here.
About Us
We’re a financial cooperative that does things differently. We provide time-tested advice that helps our members feel optimistic about their future, and we offer comprehensive banking solutions that enable people to confidently reach their goals. With the financial strength and extended branch network of a large financial institution, we maintain local connections to our communities and take a unique grassroots approach to service. Our more than 250,000 members and approximately 1,250 employees operate from 45 branches throughout the province of BC, under the Envision Financial, Valley First, Island Savings and Enderby & District Financial brands. Visit firstwestcu.ca for more information on First West Credit Union.
Please know we appreciate your interest in us but only candidates selected for an interview will be contacted.
The Payroll Specialist is accountable for supporting payroll operations for First West Credit Union and its subsidiaries, ensuring payroll policies are followed and processes are executed accurately in partnership with Dayforce Managed Services. This role provides technical advice and expertise to the Manager, Payroll to ensure payroll practices are compliant with legislation and supports the Payroll Coordinator in day-to-day execution.
Here’s what would be included as a part of your typical day
Advisory Support: Provides guidance and mentorship to the Payroll Coordinator, reviews payroll outputs for accuracy, and supports resolution of complex payroll issues.
Payroll: Supports payroll execution across multiple pay cycles, ensuring accuracy and timeliness. Coordinates with Dayforce Managed Services to resolve issues and validate outputs.
Compliance: Ensures compliance with payroll-related legislation and regulations; produces payroll remittances and annual tax documents; oversees compliance with statutory reporting and filing requirements; and develops policies and procedures for the payroll function. Assists the Manager, Payroll in maintaining compliance with federal and provincial legislation, including CRA requirements and OSFI readiness.
Controls: Develops processes for reviews and audits of each pay cycle. Supports audit preparation and documentation and ensures payroll records are maintained accurately.
Collaboration: Collaborates with Dayforce Managed Services to ensure system functionality aligns with legislative and organizational requirements.
Continuous Improvement: Reviews and recommends updates to payroll system configuration and, recommends and implements changes leading best-practice operations.
Stakeholder Relations: Supports the Manager, Payroll in CRA-related matters and acts as a secondary contact for escalated payroll inquiries.
Benefits Integration: Ensures payroll processing reflects accurate benefit deductions, leave adjustments, and return-to-work arrangements. Advises on payroll implications of benefit changes.
Required Skills, Experience & Qualifications
Diploma in business administration, accounting or in a related field required or an equivalent combination of experience and education; Bachelor’s degree is an asset
Payroll Compliance Professional (PCP) designation required; Payroll Leadership Professional (PLP) designation an asset
4+ years of payroll experience and advanced knowledge of payroll legislation required
Preferred:
Working knowledge of the Employment Standards Act and Canada Labour Code
Dayforce experience or similar outsourced payroll platforms
Ability to perform complex tasks with little or no supervision; comfortable working in a fast-paced setting where meeting time-sensitive deadlines is required
Strong interpersonal skills and communication skills, with the ability to work well in a team environment
Strong analytical and problem-solving skills; ability to interpret legislation and resolve payroll discrepancies
What’s in it for you:
First, we strive to make our team members feel genuinely rewarded. You’ll have:
Mental health coverage and resources
Customizable health benefits, as well as topped-up parental leave
Performance-based compensation, employee banking advantages and group RRSP matching
Vacation time and flexible work arrangements to support your lifestyle
We are committed to providing a fair, equitable, and competitive rewards package that reflects the value an individual brings to our organization. The compensation mentioned in this job posting should serve as a guide. The total cash compensation earned may vary based on a variety of factors including bonuses and/or incentives, an individual’s skills and experience, and may correlate with performance in the role.
We also provide and encourage opportunities for our employees to make a meaningful impact. After all, as a credit union we’re powered by giving back—in big ways and through small gestures. That's why we offer employees paid time off to volunteer, partner with thousands of local charities, build long-lasting relationships that help our members get ahead and commit to environmental, social and governance (ESG) practices.
By joining our team, you’ll be able to elevate your potential. Wherever your own purpose leads, we’re here to support you with award-winning in-house training programs, access to LinkedIn Learning, and reimbursement for external courses to help you get ahead.
Take the next step in your career as part of our team. Apply for this opportunity!
Candidates, please note: if you are being considered for this role, you will be required to complete a background check, such as employment verification, credit check and criminal record check.
Diversity, Equity, Inclusion & Belonging
At First West Credit Union, we embrace diversity regardless of gender identity or expression, ****** orientation, religion, race, ethnicity, age, diverse ability, and any aspect that makes someone unique. Inclusion is woven through our organization, from our employee-led network groups, hiring practices and education programs that address barriers and continually grow our equitable, diverse and inclusive culture.
We encourage people who are from equity-deserving groups to apply for a career with us, including women or non-binary people, persons with diverse abilities, Black, Indigenous Peoples, People of Colour and members of 2SLGBTQIA+ communities.
If an accommodation would help you during the process of applying or interviewing for a career with us, please let us know how we can assist you, whether it’s preparing materials in an alternate format, booking an accessible meeting room or other arrangement.
Your individuality is welcome here.
About Us
We’re a financial cooperative that does things differently. We provide time-tested advice that helps our members feel optimistic about their future, and we offer comprehensive banking solutions that enable people to confidently reach their goals. With the financial strength and extended branch network of a large financial institution, we maintain local connections to our communities and take a unique grassroots approach to service. Our more than 250,000 members and approximately 1,250 employees operate from 45 branches throughout the province of BC, under the Envision Financial, Valley First, Island Savings and Enderby & District Financial brands. Visit firstwestcu.ca for more information on First West Credit Union.
Please know we appreciate your interest in us but only candidates selected for an interview will be contacted.
💡 Quick Summary
Seeking a career-building opportunity? The Payroll Specialist position is now open for candidates interested in the Bank Jobs sector. This role in New York City offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
