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Payroll Specialist I

Toronto, ON, Canada

$69,700 - $98,400 CAD · Full-time

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Job details

Pay: $69,700 - $98,400 CAD
Job type: Full-time
Apply by: Oct 17, 2026
Posting language: English
Posted: Oct 2, 2026

Original job description

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.

Job Description:

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 benefits, 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

Whether your goal is to become a recognized subject matter expert, drive transformational change, or advance into leadership, TD is committed to helping you build a rewarding career through ongoing learning, development, and growth opportunities.

Join TD and bring your expertise to a team where your contributions matter, your growth is encouraged, and your career potential is supported every step of the way.

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 validation in test and production environments.
Administration Board of Director's quarterly fees, RSU payments
Action variance and exemption reports to correct all data integrity errors to ensure the accuracy of the year-end tax slips
Process of POI (retirees) Group 1-8 balancing and uploads
Preform processes and functions for expatriate payroll
Support the processing of shadow payrolls
Provide accurate and timely resolutions to inquiries from our internal and external business partners
Review and validate the accuracy of our annual PIER reports from CRA and RQ
Process, specific payments both manual off cycles and using WD EIB templates
Process cheque reversals and other yearend adjustments resulting from data integrity
Collaborate with internal stakeholders to resolve payroll discrepancies and improve operational efficiencies
Cross train and job shadow with YE Team to increase knowledge and support during critical periods throughout the year
Provide payroll data information to various business partners
Participate in ad hoc requests and or projects

Qualifications:

Payroll Compliance Practitioner Designation, (or working on completion) PCP
Strong knowledge of Canadian Federal/Provincial and U.S. regulatory and legislative requirements related to payroll (Canada Revenue Agency/ Revenu Quebec/IRS)
A sound knowledge of Workday, as well as the principals of Resolution Management, and the principals of the Data Integrity Reconciliation
Strong excel skills
Strong communication skills
Strong analytical skills

Who We Are:

TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we strive to make every interaction, product, and experience remarkably human and refreshingly simple for over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to foster deeper relationships, ensure disciplined execution, and build a simpler, faster banking experience. TD is deeply committed to being a leader in client experience, that is why we believe that all colleagues, no matter where they work, are client facing. Together, we are reimagining what banking can be for our clients, colleagues and communities.

Our Total Rewards Package
Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical, and mental well-being goals. Total Rewards at TD includes a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. Learn more

Additional Information:
We’re delighted that you’re considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we’re committed to providing the support our colleagues need to thrive both at work and at home.

Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.

Colleague Development

If you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You’ll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities.

If you’re passionate about helping clients and building deep, lasting relationships, TD offers diverse career paths where you can grow your expertise and make a meaningful impact.

We're committed to your success and foster a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and you can unlock your full potential to achieve your career goals. Here at TD, we hire and develop the best.

Training & Onboarding
We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.

Interview Process
We’ll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.

Accommodation
Your accessibility is important to us. Please let us know if you’d like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process.

We look forward to hearing from you!

Language Requirement (Quebec only):

Sans Objet

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More about this job

Responsibilities

The Payroll Specialist will support the accurate and compliant administration of payroll tax and statutory requirements across Canada. Responsibilities include balancing year-end tax slips, managing regulatory compliance, and supporting payroll activities for employees and executives.

Requirements

Candidates must possess a Payroll Compliance Practitioner (PCP) designation or be working toward completion. Strong knowledge of Canadian federal and provincial payroll regulations, as well as proficiency in Workday and Excel, is required.

Skills

Payroll tax administration
CRA compliance
Revenu Québec requirements
Workday
Data integrity
Reconciliation
Year-end reporting
Regulatory governance
Excel
Communication skills
Analytical skills
Pension administration
Statutory programs
Process improvement
Automation

Benefits

Health and well-being benefits
Savings and retirement programs
Paid time off
Banking benefits and discounts
Career development programs
Mentorship
Learning opportunities

Visa sponsorship

Not detected in the job text

Keywords

Payroll
Tax
Compliance
Workday
CRA
Revenu Québec
T4
RL1
Year-end
Data integrity
Reconciliation
Human Resources
Finance
Regulatory
Expatriate payroll
PCP
Excel
Statutory requirements
Process improvement
Automation
Reporting
Audits
Pension
Tax slips
Financial institution

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