Stifel

Payroll & Benefits Manager

Location CA-ON-Toronto
ID 2025-8089
Category
Human Resources
Position Type
Regular | Full Time
Work Type
Onsite

What You'll Be Doing

Reporting to the Head of Human Resources Stifel Canada, the Payroll & Benefits Manager will be responsible for assisting in the full range of human resources and will lead the payroll and benefits function.  This role plays an integral part in designing and building structures, programs and systems that are scalable to support our growth.  The ideal candidate will have experience using the Dayforce (Ceridian) and a strong understanding of general ledger (GL) accounting.  This role is responsible for ensuring accurate and timely payroll processing, benefits administration, and reconciliation of payroll-related financial data. 

Stifel has a strong position in the Canadian market, has an international reach and is continuing to grow by adding top talent. The role offers candidates an opportunity to gain valuable, hands-on work experience that is focused on the financial markets. In Canada, we are primarily organized into industry teams focused on specific sectors. These include: Technology, Consumer, Diversified Industries, Life Sciences and Metals & Mining.

Note – This position is based at our Toronto office location and is currently a hybrid role (can change with notice).  The current hybrid model involves 3 days in the office and 2 days working remotely. Must be flexible with starting their shift earlier or end their shift later than anticipated based on business needs at any given time.

What We're Looking For

The Payroll & Benefits Manager will be responsible for the following tasks:

Payroll & Benefits

  • Lead the full cycle of semi-monthly payroll process for multiple provinces including Quebec using Dayforce (Ceridian) software; ensuring we are delivering a timely, consistent and accurate payroll;
  • Maintain payroll records, including new hires, terminations, ROE’s, salary changes etc.;
  • Own the payroll year-end processes including T4s, RL-1, EHT and payroll reconciliations. Identifies opportunities and makes recommendations for efficiency and scalability;
  • Ensure payroll is in compliance with federal and provincial tax and regulations. Support stakeholder (Finance, Auditors) with payroll requests and reconciliations;
  • Complete payroll & benefit related journal entries in Oracle on monthly basis;
  • Oversee payroll related account reconciliations (including managing payables related to confidential and/or sensitive matters);
  • Main point of contact for employees and managers regarding payroll and benefit issues;
  • Manage all functions of employee benefits administration including enrolments, terminations, profile changes, and employee benefits claims;
  • Responsible for processing monthly benefits bills (wires and Oracle GL journal entries); and 
  • Act as Project Manager for execution of new benefits provider and plans. 

Human Resources

  • Manage and administer the full HRIS system using Dayforce (Ceridian);
  • Develop custom reports to meet the requirements of company management and staff;
  • Manage quarterly vacation audit process;
  • Assist with Ad-Hoc reporting and HR related projects; and 
  • Provide day-to-day assistance to the Head of Human Resources as required.

What You'll Bring

  • Deep knowledge of Canadian payroll legislation, tax remittances, and year-end reporting obligations;
  • Experience in accounting/reconciliations of payroll liabilities accounts and knowledge of Payroll GL;
  • Knowledge of human resources processes, best practices;
  • Excellent communication skills, effectively interacts with professional workforce in writing, over the phone and in person;
  • Very organized and detail-oriented with the ability to multi-task and shift priorities as needed;
  • Collaborative and proactive approach; creative thinking, think outside the box;
  • Ability to maintain confidentiality and to exercise discretion and professionalism with sensitive information; and 
  • Fluent in English; French is an asset but not required.

Education & Experience

  • Minimum 5 years of progressive payroll & benefits experience.  Processing the full payroll cycle using Dayforce is a must;
  • Minimum Required: College or University degree/diploma with a focus in HR, Business or Accounting is preferred; and 
  • Professional certification: Payroll Compliance Practitioner (PCP) Certificate required; CPM Certificate preferred.

Systems & Technology

  • Strong in Microsoft Office Suite – Excel, Word, Outlook, PowerPoint.

About Stifel

Stifel Canada (https://www.stifel.com/institutional/StifelCanada) is a leading provider of investment banking services, including advisory and underwriting, institutional sales and trading and research services. We offer a full suite of focused debt capital markets, equity capital markets, financial advisory, and investment services, delivering superior advice and execution to a broad range of corporate clients and institutional investors worldwide.

 

Stifel Canada is a subsidiary of Stifel Financial Corp., a public (NYSE – SF) full-service global investment bank with over 8,500 personnel operating in Canada, the United States and Europe. This includes over 400 investment banking professionals serving the needs of growth companies through specialized expertise and strong relationships within its core industries. As a growth company itself, Stifel’s passion is in bringing the right combination of people, products and services to the table to help our clients grow and excel for the long term.

 

At Stifel Canada we offer an entrepreneurial environment, competitive pay, comprehensive benefits package which includes health, dental, fertility, paramedical and vision care, HCSA, wellness initiatives, life insurance, paid parental leave and paid time off.

 

Inclusiveness and Equal Opportunity

At Stifel Canada we are committed to our vision of an equitable, diverse and inclusive finance industry where people of all genders, races, sexual orientations and abilities have equal opportunity to advance, succeed and lead.

 

If you require an accommodation for the recruitment process, please let us know and we will work with you to meet your needs.

 

Applicants will be required to undergo a background check only if and after a conditional offer of employment has been extended.

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