Senior Payroll Specialist, Wealthsimple

Salary not provided
Senior and Expert level
Remote in Canada
Wealthsimple

Professional investing services made simple

Job no longer available

Wealthsimple

Professional investing services made simple

1001+ employees

FintechB2CPersonal financeInvestingFinancial ServicesSocial Impact

Job no longer available

Salary not provided
Senior and Expert level
Remote in Canada

1001+ employees

FintechB2CPersonal financeInvestingFinancial ServicesSocial Impact

Company mission

To help everyone achieve financial freedom.

Role

Who you are

  • Payroll certification (PCP or PLP)
  • 7+ years of payroll experience, including multi-province (Quebec) and US payroll, with experience reviewing and ensuring the accuracy of others’ work
  • A strong understanding of payroll compliance and legislation across Canada and the US
  • Proven initiative and accountability for delivering high-quality work, with a focus on continuous improvement
  • Exceptional time management skills, with the ability to meet deadlines and manage priorities effectively
  • Excellent verbal and written communication skills, with the ability to explain complex payroll matters clearly and concisely

What the job involves

  • Reporting to the Payroll Manager, the Senior Specialist, Payroll will be responsible for ensuring compliant and accurate payroll operations for Canada, including Quebec, and the US
  • This role provides oversight of end-to-end payroll processes, including benefits operations and provides guidance and review to the Payroll Specialists
  • It is an opportunity to refine scalable workflows and ensure smooth and timely administration
  • Review and oversee the end-to-end payroll process, including onboarding, status changes, leave management (e.g., pregnancy, parental, and disability), and offboarding, ensuring accuracy and compliance
  • Serve as a point of escalation for more complex payroll transactions, providing advice on best practices and resolving issues efficiently
  • Collaborate with the Payroll Specialists and HR Operation Specialists to streamline workflows, ensuring smooth information flow and accurate data in our HRIS (Workday)
  • Build strong relationships with payroll providers, troubleshooting issues like amending ROEs, handling special pay runs, and resolving time-sensitive payroll matters
  • Respond to CRA or IRS inquiries, and other payroll partners
  • Support payroll-related aspects of group benefits and retirement programs (GRSP and 401K) ensuring accurate deductions, contributions, and compliance
  • Provide the business with payroll expertise and support on ongoing projects

Application process

  • Please apply by January 24th 2025

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Insights

Top investors

-10% employee growth in 12 months

Company

Company benefits

  • Retirement savings matching plan through Wealthsimple Work
  • Company equity for full-time employees
  • Access to Premium Client perks, including personal finance learning & advice and a boosted interest rate on deposits
  • Paid parental leave (6 months topped up to 100% of salary)
  • 20 vacation days per year
  • 90 Days Away program
  • Top-tier health benefits
  • Life & disability insurance
  • Generous sick and mental health days
  • Employee resource plan including services like RMT, psychology, and physiotherapy
  • Up to $5,000 per year for mental health supports
  • Gender Affirmation benefits
  • Up to $1,500 per year for professional development
  • Up to $1,500 per year for wellness and home office expenses
  • Employee resource groups
  • Social impact hours

Funding (last 2 of 8 rounds)

May 2021

$527.7m

LATE VC

Oct 2020

$87m

LATE VC

Total funding: $825.3m

Our take

Wealthsimple is one of a crop of robo-advisors trying to democratize investment management. These companies are disrupting the industry by automating many of the processes involved in investment removing the need for human advisors.

But while other so-called robo-advisors are focused on courting the high end of the market, Wealthsimple is trying to provide the same types of tools and advice to all users, regardless of the amount they have to invest.

Wealthsimple does have higher fees than some other robo-advisors such as Betterment and Charles Schwab. However, the company believes that it provides a more user-friendly platform, tailored to millennials who will be attracted to Wealthsimple due to its ease of use and social impact offerings.

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Kirsty

Company Specialist at Welcome to the Jungle