Join a Challenger

At EQ, we're remaking banking so every Canadian gets ahead, every day. Serving nearly 4 million Canadians from coast to coast, we offer a wide variety of financial services from banking and lending, to trust and credit union solutions.

We've been at this since 1970, challenging the conventions of traditional banking with smarter, faster, and more connected financial experiences.

What's kept us moving? The people behind it all: challengers who ask better questions, push back on old assumptions, and look for a better way forward.

If you're driven to help reshape how banking works for Canadians and the businesses that power our economy, this could be your next big opportunity.

We can’t wait to get to know you

Purpose of the role

The Senior Payroll Specialist is a senior individual contributor and payroll operations lead responsible for delivering accurate, compliant, and well-controlled payroll across multiple Canadian legal entities in a modern, lean payroll operating model. This role goes beyond payroll processing. The incumbent is accountable for end-to-end payroll execution, payroll accounting, statutory compliance, audit readiness, control effectiveness, issue prevention, and continuous improvement. Operating with a high degree of autonomy, the Senior Payroll Specialist serves as the escalation point for complex payroll matters and partners closely with Finance, HR, Tax, Benefits, vendors, and leadership. The role is expected to identify risks before they result in payroll errors, perform root cause analysis when issues arise, implement sustainable corrective actions, and strengthen payroll processes through documentation, controls, automation, and proactive governance.

The Work





Payroll Operations

- Independently process, validate, and oversee end-to-end payroll for multiple legal entities and payroll populations.
- Execute bi-weekly and off-cycle payrolls in alignment with payroll calendars, service commitments, company policies, employment standards, and legislative requirements.
- Review and validate payroll transactions including new hires, terminations, leaves of absence, salary changes, incentive payments, equity transactions, taxable benefits, pension/savings deductions, and other complex payroll events.
- Validate upstream data from HR, Benefits, Finance, vendors, and system integrations before payroll is finalized.
- Review payroll outputs with a risk-based lens to identify unusual trends, exceptions, or potential errors before employee impact occurs.
- Own complex payroll calculations and adjustments, including appropriate treatment, taxation, and accounting impact.

Payroll Compliance & Statutory Reporting

- Ensure compliance with federal and provincial payroll legislation, statutory remittance requirements, and employment-related payroll obligations.
- Prepare, reconcile, and submit CRA remittances, provincial remittances, Employer Health Tax, workers’ compensation filings, Quebec payroll requirements where applicable, and other payroll-related filings.




- Coordinate year-end payroll activities including T4s, T4A reporting, CNESST wage statements, annual reports, pension reporting, taxable benefit reporting, and related reconciliations.
- Monitor legislative changes and assess impacts to payroll processes, systems, employee experience, reporting, and controls.

Benefits Administration & Reconciliation

- Prepare, reconcile, and process benefits billing statements, pension and perks remittances, and vendor invoices related to benefits programs.
- Coordinate with benefits providers to resolve discrepancies, investigate billing variances, and maintain accurate records.
- Support year-end activities and reporting related to employee benefits, pension, savings plans, and taxable benefits as applicable.

Payroll Accounting & Financial Controls

- Prepare and reconcile payroll-related journal entries, payroll accruals, statutory liabilities, benefit-related entries, and payroll expense accounts.
- Own payroll-related balance sheet reconciliations and ensure reconciling items are investigated, explained, and cleared in a timely manner.
- Partner with Finance to support month-end close, quarter-end reporting, year-end audits, financial statement requirements, and payroll variance analysis.
- Prepare meaningful commentary on payroll variances, trends, reconciling items, and financial impacts.
- Maintain strong payroll controls that support internal audit, external audit, SOX-style governance, operational risk expectations, and financial reporting requirements.

Root Cause Analysis & Issue Resolution

- Lead investigation and resolution of payroll discrepanc

📌 Senior Payroll Specialist (Toronto)
🏢 Kinvie
📍 Toronto