Payroll Specialist Graduate Program
Become a Payroll Specialist
Trillium College’s Payroll Specialist graduate diploma program is perfect for anyone that already possesses a post-secondary diploma or degree or for someone that is working in the field and would like to specialize in payroll to apply for a new position at work. The specialization provides focus on accounting principles and practices specific to the Canadian marketplace. Upon completion, you will be prepared to become a nationally recognized Payroll Compliance Practitioner (PCP) with the Canadian Payroll Association (CPA).
Areas of Focus
This program covers information in the following subject areas:
Essentials of accounting and different forms of business organizations
Accounting for merchandising
An understanding about the various government agencies and legislation that impact payroll, both from an employer and an employee’s standpoint
How to produce payroll at an employee level, keeping in compliance with legislation
Calculate and report government and third party remittances, year-end requirements and accounting for payroll at the compliance level for the organization
Employment Opportunities
Main Duties
Maintain records of employee attendance, leave and overtime to calculate pay and benefit entitlements, in Canadian and other currencies, using manual or computerized systems
Prepare and verify statements of earnings for employees, indicating gross and net salaries and deductions such as taxes, union dues, garnishments and insurance and pension plans
Prepare employee payments and benefit payments by cheque or electronic transfer
Complete, verify and process forms and documentation for administration of benefits such as pension plans, leaves, share savings, employment and medical insurance
Prepare T4 statements and other statements
Provide information to employees on payroll matters, benefit plans and collective agreement provisions
Compile statistical reports, statements, and summaries related to pay and benefits accounts
Prepare and balance period-end reports and reconcile issued payrolls to bank statements
Salary
According to jobbank.gc.ca, you can earn a median annual wage of $50k.
Admission requirements
Diploma or Degree