• Brookfield Asset Management
  • $105,145.00 -120,660.00/year*
  • Bronx , NY
  • Financial Services - Banking/Investment/Finance
  • Full-Time
  • 10451 N Big Creek Rd

Payroll Analyst

Business Summary:

Brookfield Asset Management (BAM) is a leading global alternative asset manager focused on property, renewable energy, infrastructure and private equity, with over $250 billion of assets under management. Based in Toronto and New York, we have over a 100-year history as an owner and operator of real assets, offering a range of public and private investment products and services which leverage our expertise and experience. We have more than 700 investment professionals and 55,000 operating employees working in 30 countries around the world. Brookfield is publicly listed on the NYSE, TSX and Euronext Amsterdam. The Technology Group and Human Resources Support Services are internal functions providing global operations and business supports across Brookfield Asset Management business segments.

Position Summary:

The Payroll Analyst role is split equally between customer service/relations management and technical expertise and is responsible for the administration of the Canadian payroll. Reporting to the Payroll Manager, the Analyst, Payroll will be responsible to receive, assess, and validate HR and employee changes; enter pay and tax changes; and answer general inquiries related to pay and tax. The successful candidate will also be required to audit and analyze multi-province employee transactions checking for accuracy, timely processing and compliance. They will also demonstrate proactive and productive analytical thinking and troubleshooting. They will partner with the Payroll Manager to ensure solutioning of the overall payroll process to drive required service level results.

Prior to the final audit evaluation by the Payroll Manager, the incumbent will be accountable to audit and analyze the end-to-end timekeeping and payroll processes and will be responsible to perform first level reviews of all pre-confirmed pay transactions to be executed each payroll, including multi-company payroll entries. The Analyst, Payroll will work closely with Human Resources and Accounting departments to ensure accuracy and timeliness when delivering and auditing pay.

Responsibilities:

  • Helps execute a standard audit and proactive data verification process for all payroll data to ensure information is correct and maintained properly, at both the employee and employer level.
  • Verifies payroll outputs for accuracy, sensibility and overall correctness and mitigates as required before loading into system production.
  • Performs responsibilities which establish and maintain accurate employee/payroll/tax records; includes auditing and analyzing records for compliance with established employment labour and company standards, and changes in pay and tax status, and other miscellaneous changes by HR and employees.
  • Variance and validation reporting including balancing and controlling earnings and deduction totals; inspecting system output such as registers and standard reports, determining and correcting out-of-balance conditions.
  • Creates and prepares general ledger entries for interface in collaboration with HRIS and Finance.
  • Monitors and files tax reports and forms; responds to tax inquires; completes quarterly and year end balancing.
  • Runs existing structured and ad hoc reports for validation purposes, for inclusion in financial statements and to fulfill requests by management, HR and Finance.
  • Prepares wires and funds Payroll and Benefits; monitors for transaction completion and mitigates any stopped workflows.
  • Other administrative duties as assigned
  • Peer Management:

  • Effectively works with peers by leveraging differences in objectives and responsibilities
  • Educates oneself on peers' processes and directives
  • Demonstrates a shared understanding of the overarching mandate the team is collectively seeking to accomplish while aligning priorities with built-in organization dependencies requiring teamwork.
  • Reinforces team objectives through independent work, collaboration and communication
  • Establishes an environment of mutual trust, respect and accountability
  • Service/Personal Skills:

  • Generates accurate and timely work-product based on criteria of assigned responsibilities
  • Skillfully and promptly exhibits flexibility by working with Payroll Manager and available resources to adapt work to changing scenarios as required
  • Demonstrates productive analytical thinking when it comes to solutioning
  • Excellent verbal and written communication skills
  • Delivers superior customer service consistent with Brookfield's global service delivery standards
  • Exhibits consistent and diligent attention to and application of detail
  • Exercises sound judgment including appropriate escalation to management
  • Demonstrates superior self-organization skills with reference to day-to-day operational responsibilities and assignments
  • Utilizes problem-solving skills in a deliberate and well-considered manner to identify and resolve issues
  • Exercises conscious and practical control over the amount of time spent on specific activities
  • Comfortable working in a fast-paced environment under tight deadlines
  • Provides and administers processes to support a high degree of customer service and supports staff to deliver payroll and answer enquiries under that orientation
  • Focuses on the client needs for desired outcomes
  • Technical Skills:

  • Proven analysis and audit experience
  • Intermediate to advanced knowledge of MS Office applications, including excel (ex. functions, pivot tables, macros)
  • System / database troubleshooting, utilization and detail orientation to data integrity
  • Payroll and time administration/timekeeping background including troubleshooting, compliance and reporting
  • Experience working with an HRIS system is preferred. Workday experience would be an asset
  • Strong verbal and written communication
  • Demonstrate good presentation skills
  • Experience:

  • 0-3 years of relevant experience
  • Payroll Compliance Practitioner (PCP) Certification required
  • University or college degree (HR, Business Administration) preferred
  • Brookfield welcomes and encourages applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process


    Associated topics: benefit, benefit consultant, benefit specialist, compensation consultant, global compensation, incentive compensation analyst, insurance, payroll analyst, payroll specialist, specialist

    * The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.

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