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Analyst, Payroll & Benefits Operations

Company Description

Make an impact at a global and dynamic investment organization

When you invest your career in CPP Investments, you join one of the most respected and fastest growing institutional investors in the world. With current assets under management valued in excess of $450 billion, CPP Investments is a professional investment management organization that globally invests the funds of the Canada Pension Plan (CPP) to help ensure long-term sustainability. The CPP Fund is projected to exceed $1.5 trillion in the next two decades. CPP Investments invests in all major asset classes, including public equity, private equity, real estate, infrastructure and fixed-income instruments, and is headquartered in Toronto with offices in Hong Kong, London, Luxembourg, Mumbai, New York City, San Francisco, São Paulo and Sydney.

CPP Investments attracts and selects high-calibre individuals from top-tier institutions around the globe.  Join our team and look forward to:

  • Diverse and inspiring colleagues and approachable leaders
  • Stimulating work in a fast-paced, intellectually challenging environment
  • Accelerated exposure and responsibility
  • Global career development opportunities
  • Being motivated every day by CPP Investments’ important social purpose and unshakable principles
  • A deeply rooted culture of Integrity, Partnership and High Performance

If you share a passion for performance, value a collegial and collaborative culture, and approach everything with the highest integrity, here’s an opportunity for you to invest your career at CPP Investments.

Job Description

Reporting to the Senior Payroll Manager, Operations and Analytics, the Payroll and Benefits Analyst will be responsible   for the timely and accurate processing of assigned payroll and benefits processes, including yearend activities and reconciliations. 

Key responsibilities:

  • Lead benefits administration, maintain records and billings for group benefits per assigned locations
  • Support enrolling, changes and terminations with pension providers for assigned locations
  • Disability administration
  • Manage employee’s well-being program in accordance with the company policy
  • Manage service recognition program
  • Accurately process fully payroll cycle per assigned payroll location
  • Support the annual compensation review and update employee records with all vendors
  • Accountable for generating high volume of reports on a regular base
  • Document and maintain user guides and checklists for various system processes, including training material
  • Participate in systems implementations related to payroll, benefits and pension by defining requirements, preparing test plans and documenting test results
  • Support questions received in Payroll/Benefits/Pension inbox in a manner that ensures employee satisfaction
  • Strong organizational skills and ability to handle and prioritize multiple tasks to meet deadlines
  • Ability to provide clear direction to employees, managers, HR and vendors when engaged
  • Excellent problem-solving skills, and high level of attention to detail and accuracy


The preferred candidate will have 4+ years experience in payroll; international payroll, pension and benefits experience will be an asset.    

Other position requirements:

  • 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
  • Good communication skills - both written and verbal
  • Proven ability to maintain sensitive and highly confidential information
  • Advanced Excel skills for reporting, metrics and data validation
  • Proficiency with various payroll software and programs, including ADP Streamline, ADP Workforce Now, ADP Freedom and Workday is considered an asset
  • Ability to clearly define and articulate requirements, priorities, impacts, and solutions
  • Ability to foster effective working relationships at all levels internally and with external partner
  • 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
  • Exemplifies our Guiding Principles of partnership, integrity and high performance

Additional Information

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At CPP Investments, we are committed to diversity and equitable access to employment opportunities based on ability.

We thank all applicants for their interest but will only contact candidates selected to advance in the hiring process.

Our Commitment to Inclusion and Diversity:

In addition to being dedicated to building a workforce that reflects diverse talent, we are committed to fostering an inclusive and accessible experience. If you require an accommodation for any part of the recruitment process (including alternate formats of materials, accessible meeting rooms, etc.), please let us know and we will work with you to meet your needs.


CPP Investments does not accept resumes from employment placement agencies, head-hunters or recruitment suppliers that are not in a formal contractual arrangement with us. Our recruitment supplier arrangements are restricted to specific hiring needs and do not include this or other web-site job postings. Any resume or other information received from a supplier not approved by CPP Investments to provide resumes to this posting or web-site will be considered unsolicited and will not be considered.  CPP Investments will not pay any referral, placement or other fee for the supply of such unsolicited resumes or information.

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