Work Location: Toronto, Ontario, Canada
Hours: 37.5
Line Of Business: Human Resources
Pay Details: $69,700 - $98,400 CAD
TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs.
As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.
Why TD
At TD, we believe our colleagues are our greatest asset. As one of North America's leading financial institutions, we offer the stability, scale, and resources of a large organization while fostering a culture built on collaboration, inclusion, and continuous learning.
As a Payroll Tax Specialist , you will play an important role in supporting the accurate and compliant administration of payroll tax and statutory requirements across Canada. You'll have the opportunity to work in a dynamic environment that combines technical expertise, regulatory compliance, and process improvement while partnering with teams across Payroll, Human Resources, Finance, Technology, and external agencies.
Our team is committed to delivering an exceptional colleague experience through operational excellence, innovation, and a continuous improvement mindset. You'll be encouraged to share ideas,
challenge the status quo, and contribute to solutions that strengthen payroll processes and compliance while supporting colleagues across the organization.
In addition to competitive compensation and comprehensive advantages, TD offers learning opportunities, career development programs, mentorship, and the support needed to help you achieve your personal and professional goals.
Career Growth at TD
A career in Canadian Payroll Tax at TD offers the opportunity to build deep expertise in one of the most specialized areas of payroll while creating pathways to broader opportunities across Payroll Operations, Human Resources, Compliance, Risk Management, Finance, and Enterprise Operations.
You’ll Have The Opportunity To
- Deepen your expertise in Canadian payroll legislation, federal and provincial tax requirements, pension administration, and statutory programs
- Develop specialized knowledge in areas such as CRA compliance, Revenu Québec requirements, year-end reporting, and regulatory governance
- Lead and support process improvement, automation, and transformation initiatives
- Partner with stakeholders across HR, Payroll Operations, Finance, Technology, and Compliance
- Build experience within a large, complex organization supporting colleagues across multiple provinces and business lines
- Pursue advancement opportunities within Payroll Tax, Payroll Operations, HR Shared Services, Compliance, Risk, and leadership roles
Team Responsibilities Include
- Balancing of all year-end tax slips and completion of year-end government filings in compliance with CRA, Revenu Quebec and IRS regulations
- Distribution of T4, RL1, T4A, RL2, NR4, RCA, 1042-S, 1099-R government tax slips and the T2200 and TP64-3 forms
- Reconciliation and maintenance of regulatory compliance across Canadian and US jurisdictions
- Support of all expatriates and globally mobile employee payroll activities
- Participation in both internal and external audits
- Customized payroll and year-end tax slip support for the CEO and Senior Executive Team
- Managing end to end Board of Directors’ payrolls
- Identifying, reviewing, and preparing POIs for the Group 1-8 retirees
- Reviewing and correcting taxes from the Retiree Demographic report and the US Tax Data Query
- Respond to employee enquiries through Helpdesk cases
Specific Accountabilities
- Ensuring the integrity of the Workday data through balancing tax slip boxes after each pay cycle, including weekly, biweekly, semimonthly, monthly and quarterly
- Preparation of manual tax slips, including 102 Regulation requirements for cross-boarder commuters from the US
- Preparation of amended tax slips, including the submission to government agencies
- Support with all payroll accounting year-end payroll data to ensure they are recorded and processed accurately
- Assist in the creation and implementation of new pay components, including testing and va
📌 Payroll Specialist I (Toronto)
🏢 TD
📍 Toronto