Senior Global Payroll Associate

This Senior Global Payroll Associate role at Morningstar's Corporate Finance team involves executing the full Canadian payroll cycle, including processing, data entry, and validation for multiple provinces to ensure accuracy and compliance with federal and provincial laws. Key duties include calculating wages, taxes, and benefits, reconciling payroll data with accounting, and serving as a resource for employee inquiries. The role also requires cross-training for U.S. payroll as a backup. The position is based in Chicago.

Must Have

• Manage the full payroll cycle, from data entry and validation to processing and closing payroll for employees across various Canadian provinces.
• Calculate wages, overtime, bonuses, and other compensation elements accurately, including processing retroactive pay.
• Process deductions for taxes, benefits, and garnishments; ensure compliance with all federal and provincial laws; and administer benefits enrollments and changes.
• Ensure compliance with provincial and federal legislation, collective agreements, and company policies.
• Conduct monthly, quarterly, and year-end reconciliations of payroll and tax accounts.
• Act as a primary contact for employee questions regarding payroll, benefits, and their pay statements.
• Maintain accurate and up-to-date employee records in the payroll system.
• Proficiency in payroll software (ADP, Workday).
• Strong Excel skills.
• Familiarity with payroll tax and legislative requirements across Canada.
• Ability to research and resolve discrepancies, perform reconciliations, and analyze data for reports.
• Strong verbal and written communication skills.

Perks & Benefits

• 75% 401k match up to 7%
• Stock Ownership Potential
• Company provided life insurance - 1x salary + commission
• Comprehensive health benefits (medical/dental/vision) including potential premium discounts and company-provided HSA contributions (up to $500-$2,000 annually) for specific plans and coverages
• Additional medical Wellness Incentives - up to $300-$600 annual
• Company-provided long- and short-term disability insurance
• Trust-Based Time Off
• 6-week Paid Sabbatical Program
• 6-Week Paid Family Caregiving Leave
• Competitive 8-24 Week Paid Parental Bonding Leave
• Adoption Assistance
• Leadership Coaching & Formal Mentorship Opportunities
• Annual Education Stipend
• Tuition Reimbursement
• Charitable Matching Gifts program
• Dollars for Doers volunteer program
• Paid volunteering days
• 15+ Employee Resource & Affinity Groups

The Team:

Morningstar’s Corporate Finance team plays an essential role in supporting our company’s strategic initiatives, day-to-day operations, and long-term financial health and growth. Our Payroll team plays a critical role in maintaining employee satisfaction and trust by ensuring employee are being compensated accurately and on time. Maintaining compliance with tax regulations and labor laws is also an important role of this group. The team works collaboratively with our internal and external partners to expertly execute payroll processes and to continuously improve.

The Role:

In this Senior Global Payroll Associate role, you'll execute the full Canadian payroll cycle, including processing, data entry, and validation for multiple provinces to ensure accuracy and compliance with federal and provincial laws. Key duties involve calculating wages, taxes, and benefits; reconciling payroll data with accounting; and serving as a resource for employee inquiries. The role requires strong attention to detail, proficiency in payroll software, and the ability to collaborate with HR, finance, and external agencies like the CRA. You'll also be cross trained to facilitate U.S. payroll, as a back up to our U.S. payroll team.

Core responsibilities

• End-to-end payroll processing: Manage the full payroll cycle, from data entry and validation to processing and closing payroll for employees across various Canadian provinces.
• Accurate calculations: Calculate wages, overtime, bonuses, and other compensation elements accurately, including processing retroactive pay.
• Tax and benefits administration: Process deductions for taxes, benefits, and garnishments; ensure compliance with all federal and provincial laws; and administer benefits enrollments and changes.
• Compliance and reporting: Ensure compliance with provincial and federal legislation, collective agreements, and company policies.
• Reconciliation and audits: Conduct monthly, quarterly, and year-end reconciliations of payroll and tax accounts. Assist with audits by preparing data and acting as a point of contact for auditors and government agencies.
• Employee support: Act as a primary contact for employee questions regarding payroll, benefits, and their pay statements.
• Data integrity: Maintain accurate and up-to-date employee records in the payroll system.

Required skills and qualifications

• Technical skills: Proficiency in payroll software (ADP, Workday), strong Excel skills, and familiarity with payroll tax and legislative requirements across Canada.
• Analytical skills: Ability to research and resolve discrepancies, perform reconciliations, and analyze data for reports.
• Attention to detail: A high degree of accuracy is critical for calculations and data entry.
• Communication skills: Strong verbal and written communication skills to interact with employees, HR, and other departments.
• Confidentiality: The ability to handle sensitive information with integrity

Compensation and Benefits

At Morningstar we believe people are at their best when they are at their healthiest. That’s why we champion your wellness through a wide-range of programs that support all stages of your personal and professional life. Here are some examples of the offerings we provide:

• Financial Health
• 75% 401k match up to 7%
• Stock Ownership Potential
• Company provided life insurance - 1x salary + commission

• Physical Health
• Comprehensive health benefits (medical/dental/vision) including potential premium discounts and company-provided HSA contributions (up to $500-$2,000 annually) for specific plans and coverages
• Additional medical Wellness Incentives - up to $300-$600 annual
• Company-provided long- and short-term disability insurance

• Emotional Health
• Trust-Based Time Off
• 6-week Paid Sabbatical Program
• 6-Week Paid Family Caregiving Leave
• Competitive 8-24 Week Paid Parental Bonding Leave
• Adoption Assistance
• Leadership Coaching & Formal Mentorship Opportunities
• Annual Education Stipend
• Tuition Reimbursement

• Social Health
• Charitable Matching Gifts program
• Dollars for Doers volunteer program
• Paid volunteering days
• 15+ Employee Resource & Affinity Groups

Total Cash Compensation Range

$74,325.00 - 126,350.00 USD Annual

Inclusive of annual base salary and target incentive

Morningstar's hybrid work environment gives you the opportunity to collaborate in-person each week as we've found that we're at our best when we're purposely together on a regular basis. In most of our locations, our hybrid work model is four days in-office each week. A range of other benefits are also available to enhance flexibility as needs change. No matter where you are, you'll have tools and resources to engage meaningfully with your global colleagues.

001_MstarInc Morningstar Inc. Legal Entity

About Us

How to Apply for a Job at Morningstar

Step 1

When you find a position you're interested in, click the 'Apply' button. Please fill out this form completely, attaching your resume and cover letter in the approved format. Read the job requirements carefully and make sure to attach writing or design samples as required. Applicants must submit their resume and other information through our corporate website to be considered for a job at Morningstar. No phone calls, please.

Step 2

You will receive an email notification to confirm that we've received your application.

Step 3

If you are called in for an interview, a representative from Morningstar will contact you to set up a date, time, and location. Be prepared for a rigorous interview process. To make sure you're a good fit for Morningstar and we're a good fit for you, we'll schedule time for you to meet with multiple staff members at all levels of the company. Expect to return for multiple interviews as part of the process. A representative from Morningstar will contact you with the results of your interview—either with a job offer or to let you know our plans for the position.

Applicants With Disabilities Who Need Accommodation

Morningstar is committed to working with and providing reasonable accommodation to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the employment process, please call +1 312 384-3900 or email AskHR@morningstar.com and let us know the nature of your request and your contact information.

Please note:

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Morningstar is strongly committed to creating and preserving equal opportunity for all employees and applicants. We make all employment decisions—including recruitment, hiring, compensation, training, promotion, transfer, discipline, termination, and other personnel matters—without regard to race, color, ancestry, religion, sex, national origin, age, disability, protected veteran status, marital status, sexual orientation, genetic information, citizenship, gender identity and expression, parental status, or other legally protected characteristics or conduct.