Payroll Consultant

Company:  MasterCard Foundation
Location: Old Toronto
Closing Date: 04/08/2024
Hours: Full Time
Type: Permanent
Job Requirements / Description

ABOUT MASTERCARD FOUNDATION

Mastercard Foundation seeks a world where everyone has the opportunity to learn and prosper. Through its Young Africa Works strategy and Canadian EleV program, the Foundation works with partners to ensure that millions of young people,especially young women, access quality education, financial services, and dignified work. Mastercard Foundation was established in2006through the generosity of Mastercard when it became a public company. The Foundation is independent with its own Board ofDirectors and CEO.

THE WORK AT THE FOUNDATION

We are currently in an exciting period at the Mastercard Foundation as we intensify the implementation of the Young Africa Works strategy, aiming to empower 30 million young people throughout Africa to access dignified and fulfilling employment and [insert wording re Indigenous Canada].

To ensure the Foundation's accessibility to our partners and program participants, we have established offices in Rwanda, Kenya, Ghana, Senegal, Ethiopia, Nigeria, and Uganda. These offices provide strong in-country support for the implementation of Young Africa Works. We collaborate with governments, the private sector, educators, and other funders to enhance the quality of education and vocational training, equip young individuals with the necessary skills for the workforce, expand access to financial services for entrepreneurs and small businesses, and facilitate connections between job seekers and meaningful employment opportunities.

We support our Africa branch office payrolls and those of Canada and the US head quartered from the Toronto head office.

Our values serve as our guiding principles, transcending and surpassing all other considerations. We wholeheartedly encourage you to bring your bold ideas, curiosity, and expertise to your work.

UNDERSTANDING CANADA PROGRAMS AT THE FOUNDATION

The Foundation has begun working within Canada in partnership with Indigenous communities and post-secondary institutions to listen, learn, and best understand how we can act in meaningful ways. The EleV strategy was co-created with Indigenous communities, young people, and partners to enable 30,000 Indigenous youth to complete their education and transition to dignified work aligned with their values and aspirations.

As reflected in Canada’s Truth and Reconciliation Commission Calls to Action, education is a key driver of improved socio-economic well-being. Through building partnerships with Indigenous communities, we look to expand our initiative ultimately helping to support a generation of transformative Indigenous young leaders who will be change agents within their communities. We believe that by setting a bold target, we will encourage engagement across sectors and create momentum that will elevate the strengths and opportunities of Indigenous youth. In keeping with our approach, Indigenous communities and young people will be the drivers of this transformation. The program will promote innovations to address longer-term systemic change to achieve economic prosperity and social well-being within Indigenous communities.

The EleV team oversees current and emerging partnerships related to Indigenous education. Consistent with our overall vision and Youth Africa Works strategy, we will share learnings and opportunities to connect across the work of the Foundation. While operating in distinct contexts, the centrality of youth voice and vision, affirmation of culture and identity, and priority to enhance community capacity for self-determination are common threads upon which our work is strengthened and reinforced.

If you are ready to contribute to building something new and increasing your impact as a Payroll professional, read on!

THE OPPORTUNITY

Reporting to the Director, Shared Services and on a part-time basis, you will be responsible for managing the team of three and be accountable for the accurate and timely review and approvals of our semi-monthly (2 - North America) and monthly (8 - Africa) payrolls, ensuring compliance with all applicable government regulations and company policies and procedures. In addition, you will be responsible for overseeing various payroll-related activities to support the business such as audits, month-end payroll accounting and ad hoc requirements. Nine of the ten payrolls are handled through third party payroll service providers so the ability to leverage superior relationship building skills is critical.

WAYS YOU CAN CONTRIBUTE

  • Oversee timely inputs to our payroll service providers (PSPs) and ensure accurate monthly payrolls for 10 countries in Africa and North America, ensuring compliance with all applicable laws and legislations and in accordance with Foundation policies and procedures.
  • Oversee various payroll-related activities to support the business such as audits, calculations, and remittances, as well as any additional tasks relating to payroll processing and internal/external reporting requirements for various stakeholders.
  • Oversee to ensure staff in all countries receive their year-end tax documents (e.g. P9’s, T4s, etc.) by government deadlines.
  • Ensure timely and accurate remittance of tax filings, government reports, retirement contributions and other payroll related remittances, including provider invoicing.
  • Review and approve all month end & year end payroll and benefit journal entries, including accruals.
  • Ensure all payroll and benefit related accounts are timely and accurately reviewed and reconciled to ensure the integrity of the corporate financial records.
  • Oversee development of the annual payroll budget and quarterly forecasts preparation.
  • Manage the production of all audit deliverables for audits.
  • Collaborate with the Payroll team with respect to employee and P&C inquiries related to payroll with ServiceNow.
  • Be able to process any of our Africa based payrolls during vacation or peak work timeframes.
  • Build cross-functional relationships with other departments within the organization.
  • Ensure systems and processes function correctly, develop and update payroll policy and procedures and recommend process improvements where needed.

WHO YOU ARE

  • A full cycle Payroll professional with 10+ years of experience working in payroll; the last 5 years in a supervisory role.
  • Payroll Compliance Professional (PCP), Certified Payroll Manager (CP) or Certified Payroll Professional (CPP) or working towards.
  • Very strong Excel skills and high proficiency with Microsoft 365 (SharePoint, OneDrive, Teams, ServiceNow).
  • Experience with an HRIS/HCM platform and multi-country payroll with mobility is an added advantage.
  • Demonstrated knowledge of employment law, statutory requirements related to payroll withholdings, tax filings, government remittances, both monthly and year end based on payroll country experience and ability to learn nuances and apply / lead changes quickly.
  • Grounded in accounting principles with payroll & benefits accounting experience and knowledge of internal controls.
  • Demonstrated time management orientation and ability to prioritize and multi-task in a hybrid, multi-office work environment operating across multiple time zones.
  • Demonstrated ability to recognize needs based on available facts and data, evaluate alternatives and present ideas, information and solutions in a clear, concise and organized manner.
  • Inspirational and collaborative leader with a roll-up-your-sleeves attitude
  • French language skills are an added advantage.
  • Strong interpersonal skills with an ability to build and maintain relationships based on authenticity, credibility and trust.
  • Excellent listener and communicator with strong customer service skills, able to articulate information to diverse stakeholders
  • Embodies Mastercard Foundation’s values and vision.
  • Possesses professional maturity & unwavering integrity, applies sensitivity when working with different cultures, maintains a high level of discretion and confidentiality at all levels.

Deadline for Applications is July 1, 2024.

Mastercard Foundation (the“Foundation”) values and respects your privacy. Bysubmitting an applicationfor this opportunity, you hereby agree to the Foundation’s collection, use and disclosure of your personal information in accordance with its Privacy Policy (available athttps://mastercardfdn.org/privacy/). Please note that the Foundation may share your personalinformation with third-party agencies that support the Foundation’s recruitment activities, and suchthird-partyagencies may contact you directly regarding this opportunity. If you have any questions or concerns, please contact the Foundation’s Privacy Officer at the address indicated in its Privacy Policy.

The Mastercard Foundation values the unique skills and experiences each individual brings to the organization and we are committed to creating and maintaining an inclusive and accessible environment for everyone.

Completion of satisfactory business references and background checks are essential conditions of employment.

For more information and to sign up for the Foundation’s newsletter, please visithttp://www.mastercardfdn.org/
Follow the Foundation on Twitter at @MastercardFdn

NB: To avoid missing email communication about your application, please check your spam/junk folder and mark our emails as "not junk".

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