ABOUT ONEX:
Onex is an investor and asset manager that invests capital on behalf of Onex shareholders and clients across the globe. Formed in 1984, we have a long track record of creating value for our clients and shareholders. Onex became a public company in 1987 and is listed on the Toronto Stock Exchange under the symbol ONEX.
Onex' two primary businesses are Private Equity and Credit. In Private Equity, we raise funds from third-party investors and invest them, along with Onex' own investing capital, through the funds of our private equity platforms: Onex Partners and ONCAP. Similarly, in Credit, we raise and invest capital across several private credit, liquid credit and public equity strategies. Our investors include a broad range of global clients, including public and private pension plans, sovereign wealth funds, insurance companies, family offices and high net worth individuals.
Onex has $48.7 billion in assets under management ("AUM"), of which $32.9 billion is fee-generating and$8.5 billion is Onex' own investing capital. We generate value for our shareholders through two segments: Investing and Asset Management. Our Investing segment includes gains on our invested capital. Our Asset Management segment generates revenues from the recurring fees clients pay us to manage their capital and includes carried interest from our private equity and private credit funds.
The Opportunity:
Onex is seeking a highly driven and results oriented Payroll & Benefits Administrator. This is an exciting opportunity to help support the evolution of our growing Total Rewards team. In this role, you will be responsible for the timely and accurate processing of assigned payroll and benefits processes, including year-end activities and reconciliations as well as coordination and review of payroll for our expatriate population.
WHAT YOU WILL DO:
- Execute Canadian, US and UK payroll and employee life cycle changes in HRIS with a high degree of accuracy and timeliness.
- Assist in responding to notices/audits/reviews from tax authorities.
- Review and reconcile payroll tax filings.
- Assist in the administration of company benefits.
- Process year‐end incentive payouts, equity/stock compensation payouts, director fees/deferred share unit quarterly payouts.
- Participate in planned and ad hoc projects focusing on automation, enhancements and new program roll out related to payroll and benefits, including HRIS implementation.
- Prepare quarterly/monthly/annual payroll and benefits reporting as required.
- Continually strive for operational excellence; seek ways to streamline processes, create operational efficiencies and foster a culture of continuous improvement, enhanced controls and data integrity.
- Support full employee life cycle processes including on-boarding, off-boarding, transfers, employee leaves.
- Assist with employee documentation and agreements as required.
- Support the ongoing integration and upgrade of HRIS suite of technology.
- Ad hoc reporting and analysis.
WHAT YOU WILL BRING:
- 3+ years' experience in CA payroll; international (US, UK) payroll and pension and benefits exposure is an asset.
- Strong planning and organizational skills with proven ability to manage competing priorities.
- Very detailed oriented with a superior track record of achieving high quality results.
- Strong written and verbal communication skills.
- Proven ability to maintain sensitive and highly confidential information.
- Advanced Excel skills for reporting, metrics and data validation.
- Proficiency with ADP payroll software is required.
- Ability to work independently with minimal guidance.
- Ability to clearly define and articulate requirements, priorities, impacts, and solutions.
- Ability to foster effective working relationships at all levels internally and with external partners.
- Able to identify opportunities, take initiative and think through future implications.
- Ability to work in a dynamic environment, under pressure and with time-sensitive deadlines.
Our team & Commitment:
Onex is led by our CEO, Bobby Le Blanc, as well as experienced leaders at each of our businesses. We have over 170 investment professionals across all platforms, supported by approximately 265 professionals dedicated to our corporate functions and investment platforms, including our institutional and high net worth relationship professionals. Consistent with our One Onex approach, the teams share and leverage sector expertise, and sourcing and origination opportunities across all business lines.
Our culture is guided by our strong commitment to accountability, intellectual honesty and respect for all our partners and stakeholders. Onex was formed on principles of entrepreneurialism and responsible investing and our team is united in recognizing the value of collaboration, diversity of perspective and background, and an inclusive environment. Our team is a critical factor in our success, and attracting and retaining the best people and strongest investors are an important competitive advantage.
Also crucial to our long-term success is the alignment of interests between the Onex management team, shareholders and clients. Members of our management team have a significant long-term ownership in Onex shares and invest meaningfully in our funds. We believe this alignment creates stronger relationships with both clients and shareholders.
Diversity Equity & Inclusion:
Onex recognizes that a diverse team and inclusive environment are vital in contributing to our continued success as an investor and asset manager. We believe that diverse perspectives create better outcomes for us and our stakeholders, including the companies we invest in, our shareholders, investors and clients, as well as the communities we serve.
Onex' commitment to diversity and inclusion includes increasing our focus on attracting and retaining employees from diverse backgrounds, creating additional awareness of diversity issues and benefits, fostering and inspiring a more supportive environment where inclusivity is expected and prioritized, and embedding accountability for diversity throughout the firm.
Onex' Diversity & Inclusion Leadership Council, which is co-chaired by our President and our Head of Shareholder Relations and Communications, includes representation from across all business platforms and geographies. The Council is responsible for championing diversity and inclusion across the firm, including supporting the development and success of Onex' employee resource groups.
Environmental, Social & Governance:
As a public company, we are committed to delivering value for all of our stakeholders – our shareholders, investors, employees, operating companies and the communities in which we operate. Responsible governance throughout Onex and across our platforms is fundamental to the success of our organization. We hold ourselves to the highest standards of good governance, which builds trust and confidence in our stewardship of capital.
Consistent with our long-held belief that responsible investing is both the right approach to investing, as well as a driver of meaningful stakeholder value, we continue to make enhancements to our environmental, social and governance ("ESG") program. Recent initiatives include the addition of resources to our ESG team and progress on our efforts to measure carbon emissions across Onex and our investment platforms. To remain aligned with emerging best practices, we participate in several industry initiatives, including the ESG Data Convergence Initiative, Initiative Climat International ("iCI"), the Principles for Responsible Investment ("PRI"), the IFRS Sustainability Alliance and FCLT Global, among others. We expect our program to continue to expand in line with this rapidly evolving area, while remaining rooted in our founding principle of responsible investing.
