TD Securities · 19 hours ago
Payroll Analyst II
Portland, ME
Full-time
Onsite
Entry, Mid Level
$25.75/hr - $38.50/hr
2+ years expTD Securities is one of the world's leading global financial institutions and the fifth largest bank in North America. They are seeking a Payroll Analyst II responsible for preparing and reconciling payroll transactions, ensuring compliance with tax laws, and generating reports for stakeholders.
BankingFinanceFinancial Services
Responsibilities
Weekly, biweekly, semi-monthly and quarterly processing of all payroll and time entries
Completes negative gross pay calculations for payment recoveries
Processing of garnishment and other legal withholding orders
Acts as Tier 2/3 for Employee and People Manager inquiries
Monthly Reconciliation of all Pension GL accounts, and all Active Payroll accounts owned by the payroll team
Biweekly Reconciliation and submission of RRSP transfers related to severance payments
Biweekly Reconciliation and submission of Family support and Garnishment deductions, Future builder and Charitable deductions for Active payrolls
Monthly Reconciliation and submission of Family support and Garnishment deductions, and Charitable deductions for Pension payrolls
Bank account Reconciliation
Monthly Reconciliation and entries related to all Manulife benefit deductions
Weekly Remittance and Reconciliation of Taxes to CRA & Revenue Quebec (CIT, QIT, QPP, CPP, EI, etc.)
Monthly or quarterly Remittance and Reconciliation of Employer Health taxes to different Provinces
APEX debit/credit rejects reconciliation and posting, communication to impacted employees and Cost centre owners
Employee Ownership Plan and SEI Reconciliation
Stock Option Balancing and Stock Purchase
Balancing and funding of the monthly Active and Pension Payrolls
Expensing active payroll for the Bank
Service Recognition shares balancing and investments
Online Teller Posting
Provide support to the larger Payroll team as needed
Other accounting tasks as assigned
Prioritizes and manages own workload to meet SLA requirements for service and productivity
Consistently exercises discretion in managing correspondence, information and all matters of confidentiality; escalates issues where appropriate
Be knowledgeable of practices and procedures within own area of responsibility and keep abreast of emerging trends for own functional area
Protects the interests of the organization – identifies and manages risks, and escalates non-standard, high-risk transactions / activities as necessary
Conducts internal and external research projects; supports the development/delivery of presentations / communications to management or broader audience
Conducts reporting and/or meaningful analysis at the functional or enterprise level using results to draw conclusions, make recommendations, assess the effectiveness of programs/ policies/ practices
Monitors service, productivity and assesses efficiency levels within own function and implements continuous process / performance improvements where opportunities exist
Acquires and applies expertise in the discipline, provides guidance, assistance and direction to others
Identifies, recommends and effectively executes standard practices applicable to the discipline
Adheres to internal policies/procedures and applicable regulatory guidelines
Keeps abreast of emerging issues, trends, and evolving regulatory requirements and assesses potential impacts
Maintains a culture of risk management and control, supported by effective processes in alignment with risk appetite
May lead work streams by acting as a project lead / subject matter expert for small scale projects / initiatives in accordance with project management methodologies
Participates fully as a member of the team, supports a positive work environment that promotes service to the business, quality, innovation and teamwork and ensures timely communication of issues/ points of interest
Supports the team by continuously enhancing knowledge / expertise in own area and participates in knowledge transfer within the team and business unit
Keeps current on emerging trends/ developments and grows knowledge of the business, related tools and techniques
Participates in personal performance management and development activities, including cross training within own team
Keeps others informed and up to date about the status / progress of projects and/or all relevant or useful information related to day-to-day activities
Contributes to the success of the team by willingly assisting others in the completion and performance of work activities; provide training, coaching and/or guidance as appropriate
Contributes to a fair, positive and equitable environment that supports a diverse workforce
Acts as a brand ambassador for your business area/function and the bank, both internally and/or externally
Qualification
Required
Undergraduate degree required
2+ years relevant experience required
Sound knowledge and understanding of the operating environment, business process and procedures, and transaction lifecycle for own area
Requires general understanding of the overall function and/or businesses supported
Organized self-starter with excellent analytical, problem-solving and time management skills
Detail oriented, high level of accuracy and ability to work independently
Strong communication skills, both oral and written
Strong PC skills including Microsoft Office, Excel, Access and PowerPoint
Strong customer orientation, interpersonal and communication skills to deal effectively with all levels of staff
Benefits
Health and well-being benefits
Savings and retirement programs
Paid time off (including Vacation PTO, Flex PTO, and Holiday PTO)
Banking benefits and discounts
Career development
Reward and recognition
Company
TD Securities
TD Securities is an investment banking that offers global transaction, M&A advisory, foreign exchange, and equity research services.
5001-10000 employees
H1B Sponsorship
TD Securities has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (70)
2024 (49)
2023 (37)
2022 (31)
2021 (27)
2020 (30)
Funding
Current Stage
Late StageLeadership Team
Rona Ambrose
Deputy Chairwoman
Recent News
Canada NewsWire
2026-02-04
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