Payroll Analyst

51952 - Toronto - Regular . 

Hiring salary range: $4,102.00 - $5,508.40 / Bi-weekly

Hydro One is proud to be the largest electricity transmission and distribution provider in Ontario, serving nearly 1.5 million customers. We have a long history in the industry with our roots dating back over 110 years to 1906. Since then, we have worked to grow and evolve to meet the changing needs of our customers and communities across Ontario. Today, we’re focused on providing exceptional customer service and ensuring we are building safe communities where we live, work and play.

It’s an exciting time to join the team at Hydro One!

Job Function:

Accountable for performing payroll processing services for employees and pensioners including inputting, updating, and maintaining various computer systems. Ensure payroll processing activities are in accordance with payroll processing procedures, collective agreements, HR policies, and internal controls to ensure accuracy, integrity, and confidentiality of data. Strong data validation and auditing procedures are paramount to all payroll processing activities to avoid negative impacts to HR/government processing reliant on accurate data. Responsible for maintaining and producing remittances/reports and distributing information as needed and working collaboratively within the team. Support the day-to-day operations of the Payroll Operations team by handling administrative information and performing complex analysis on Payroll including pay analysis and OVP. Review and approve employee data processes and transactions as needed. Support the Payroll Leader and Payroll Supervisors to ensure efficiencies are gained and provide support to staff in processing transactions, acting as a point of escalation. Escalate items to the Supervisor and/or Manager and additional parties (e.g. COEs, HRSC, external vendors) as required.

General Accountabilities:

General

• Support Payroll Leader with day-to-day operations for the payroll function
• Provide additional Payroll processing support during high volume periods

Data Analysis

• Manage the overpayment process, by conducting analysis and providing solutions
• Develop and prepare reports to assist the Payroll Leader with monitoring the performance of the team
• Develop and prepare reports to assist the business with making strategic decisions

Subject Matter Expert

• Act as a payroll subject matter expert for the organization and as a key point of contact for Payroll related escalations
• Support development/presentation of training programs related to Payroll processing
• Provide feedback and recommendations on potential impacts of Payroll changes

Payroll Reconciliation

• Coordinate Payroll reconciliation and audit efforts led by Finance; coordinate teams and data requests within Payroll

Special Projects

• Assist with special payroll related projects focused on streamlining processes/operations and implementing new Payroll solutions/services
• Support and participate in complex projects with multiple work streams and multiple stakeholders

Process Oversight

• Monitor and track KPIs using a dashboard or similar tool
• Prepare internal and external reporting to meet regulatory and management reporting requirements, while optimizing processes and identifying cost efficiencies
• Manage all Payroll-related SOPs and documentation, ensuring they are kept up to date with system releases

Continuous Improvement

• Advocate for and participate in continuous improvement., identify possible trends, risks, and business improvements
• Perform Other Duties as Required

Selection Criteria:

Education

• The candidate must hold a Payroll Compliance Practitioner (PCP) designation.
• Requires a knowledge of accounting and payroll principles and business mathematics related to cost reporting and budget preparation in order to reconcile differences, analyze cost variances, monitor and control the budget and variances.
• Requires a knowledge of computer operation and data processing to utilize system and computer application programs to produce various accounting and payroll reports for inputting, extracting and updating reporting systems.
• Requires good oral and writing skills to effectively communicate with internal and external contacts and prepare reports.
• This knowledge is considered to be normally acquired either through the successful completion of 4 years University.

Experience:

• Requires considerable knowledge and experience in payroll and accounting principles. A period of up to six years in demonstrated field is necessary to gain this experience
• Requires experience with SAP systems or Success Factors Employee Central.
• Requires experience in Service Now.
• Requires excellent communication skills in English to effectively communicate with staff, internal and external parties, prepare reports and interpret the intent of Collective Agreements and company policies.
• Excellent time management skills within an environment with competing priorities and deadlines associated with department operation.
• Provide advice and guidance on general and specific enquiries from employees and supervisors regarding pay related matters.

• Demonstrated experience with use of Word and Excel

At Hydro One we understand that the success and strength of our business rests with our people. When we develop their skills, we are investing in both their success and ours. To secure the best talent, we seek to create a workforce that reflects the diverse populations of the communities where we live and work and to create a culture based on safety, innovation and inclusiveness.

We are honoured to be recognized by Forbes in its list of Canada’s Best Employers for 2026. 

Thank you for considering a career with Hydro One, we welcome applications from all qualified candidates. If you are having difficulty using our online application system and you need an accommodation due to a disability, please email careers@hydroone.com. Hydro One will provide reasonable accommodation for qualified individuals with disabilities in the job application process.

Please note this email is only for accommodation requests. Resumes sent to this email address will not be considered.

"Employer of the year 2026"

Deadline: August 18, 2026

The base salary for this role considers a variety of factors, including candidates' knowledge, skills, experience, education, and any applicable collective agreement requirements for union-represented positions. Hydro One provides an extensive offering of programs to promote a culture of safety, wellbeing, inclusivity, and sustainability to enable our employees to be the best version of themselves. For management roles, compensation is based on the principle of pay-for performance compensation philosophy, and the amount of annual adjustments and incentive payments depends on how well you and the company perform (subject to plan terms). We encourage open dialogue about compensation with our Talent Acquisition Team, who can provide more detailed information specific to this role.

This posting is for an existing vacancy. 

Hydro One uses AI tools to assist in the screening and assessing candidates for this role. Our use of AI does not replace human decision-making.

In the event you are experiencing difficulties applying to this job please consult our help page here. #LIHYBRID

We thank all applicants for their interest in a career at Hydro One; however, only those candidates who are selected for an interview will be contacted.