Payroll Manager, Canada

The Role

The Payroll Manager will be responsible for overseeing all functions and deliverables associated with processing payroll and ensuring compliance with applicable legislation for Canada and applicable provinces. The role will be based in Chicago, reporting to the Americas Senior Payroll Manager. This is a hands-on role that requires proactive analytical capabilities, an in-depth knowledge of payroll and benefits and a mindset focused on process improvement and efficiencies. This position works closely with the People and Culture (HR) team, Canada Finance team, IT Team supporting payroll and the ADP payroll service provider.

Job Responsibilities

• Serve as the Canada payroll subject matter expert and lead.
• Lead, manage, develop and mentor a Payroll Specialist.
• Supervise the preparation and submission of semi-monthly payrolls including reviewing and approving payroll reconciliations in-line with procedures, policies, and SOX (Sarbanes-Oxley) controls.
• Review monthly payrolls for certain non-Canadian jurisdictions (United Kingdom, Germany and Spain) associated with our credit ratings business, including preparation of payroll related journal entries (i.e. vacation accruals, P11D, etc.).
• Assess and resolve escalated payroll issues and discrepancies.
• Maintain payroll processes, procedures and controls ensuring up to date as business/processes evolve.
• Lead and review the year end payroll calculations, reconciliations, filings, (T4's, T4A's, Releve1, T2200, EHT, CNESST, Alberta Worker Comp, Worksafe BC, etc.) to ensure issued in accordance with CRA (Canada Revenue Agency) and other regulatory requirements, including other jurisdictions (i.e. United Kingdom [P60's, P11D's], Germany and Spain).
• Own and maintain payroll SOX compliance, design of internal controls and process maps.
• Perform quarterly ADP WFN user access reviews.
• Lead and manage any payroll audits that may arise because of regulatory, internal, and external audits.
• Stay current on the latest regulatory changes with respect to payroll and benefits to ensure payroll policy adherence and compliance per province.
• Ensure an environment of continuous improvement is maintained to sustain maximum efficiency by researching, recommending, and implementing new or enhanced policies, procedures and processes to improve operational effectiveness.
• Work closely with the People and Culture team in all compensation and benefit related developments, ensuring all changes are communicated to the relevant stakeholders in a timely manner.
• Perform other projects as assigned.

Qualifications

• Experience with Ontario payroll a must and Quebec payroll knowledge an advantage.
• Canadian Payroll Association designation is required. Knowledge of relevant payroll and benefits legislation including CRA requirements laws, regulations, and guidelines as well as Employment Standards legislation.
• Post-secondary education in Business Administration, Finance, or Accounting. CMA/CGA/CA/CPA designation preferred.
• 5+ years of progressive Canada payroll experience in a management role, including supervision of one or more direct reports
• Proficiency in interpreting policies, procedures, benefits and pension guidelines.
• Knowledge of relevant tax requirements, including HST and QST requirements laws, regulations and guidelines.
• Knowledge of accounting as related to payroll, benefits and RRSP/DPSP, including in-depth knowledge of analysis and reconciliation.
• Knowledge of restricted stock units is a plus.
• Knowledge of ADP WFN (Payroll software), Workday (HRIS) and Oracle Financials (ERP) a plus.
• Strong analytical skills and background, financial acumen and attention to detail.
• Ability to work with a high degree of autonomy of discretion and a strong self-starter and a multi-tasker.
• High quality written and verbal communication skills, customer service focused and the ability to communicate effectively cross-functionally and globally in a growing and ever-changing environment.
• Proficient in Microsoft Office (Word, Excel, PowerPoint, Access, Outlook).

Compensation and Benefits

At Morningstar we believe people are at their best when they are at their healthiest. That's why we champion your wellness through a wide-range of programs that support all stages of your personal and professional life. Here are some examples of the offerings we provide:

• Financial Health
  • 75% 401k match up to 7%
  • Stock Ownership Potential
  • Company provided life insurance - 1x salary + commission

• Physical Health
  • Comprehensive health benefits (medical/dental/vision) including potential premium discounts and company-provided HSA contributions (up to $500-$2,000 annually) for specific plansand coverages
  • Additional medical Wellness Incentives - up to $300-$600 annual
  • Company-provided long- and short-term disabilityinsurance

• Emotional Health
  • Trust-Based Time Off
  • 6-week Paid Sabbatical Program
  • 6-Week Paid Family Caregiving Leave
  • Competitive 8-24 Week Paid Parental Bonding Leave
  • Adoption Assistance
  • Leadership Coaching & Formal MentorshipOpportunities
  • Annual Education Stipend
  • Tuition Reimbursement

• Social Health
  • Charitable Matching Gifts program
  • Dollars for Doers volunteer program
  • Paid volunteering days
  • 15+ Employee Resource & Affinity Groups

Total Cash Compensation Range

Inclusive of annual base salary and target incentive

Morningstar's hybrid work environment gives you the opportunity to collaborate in-person each week as we've found that we're at our best when we're purposely together on a regular basis. In most of our locations, our hybrid work model is four days in-office each week. A range of other benefits are also available to enhance flexibility as needs change. No matter where you are, you'll have tools and resources to engage meaningfully with your global colleagues.