Do you have an interest in launching a career in roles in the financial industry that include payroll clerks/officers, payroll and benefits administrators, payroll accountants, human resource and payroll generalists, general accounting coordinators, and small business bookkeepers/accountants? Are you looking for a speedy way to enter this industry while obtaining knowledge that will set you apart from the competition? Have you completed a three-year college diploma or university degree in any discipline or a two-year college diploma or a partial university degree (75 per cent complete), with a minimum of two years work experience relevant to the financial field? If so, Centennial College may have an offering that is suited just for you.
The two-semester Payroll Management is for anyone who answered ‘yes’ to these questions and is seeking to obtain an extensive knowledge base while at the same time developing and enhancing crucial skills in a number of key areas that will prepare them to begin working as payroll generalists with a solid foundation for career advancement. Students graduating from other programs and those in career transition are able to alter their focus and gain a solid foundation in payroll management in a relatively short period of time.
As such, the undertaking includes only courses that offer students information they will use directly in the field and forgoes any liberal studies. Instructors and professors who have extensive experience in the industry and are able to help students through personal examples and anecdotes as well as through connecting students with their professional circle so that they may network teach this information. These instructors are also available for one-on-one time with students, as the class sizes in the offering are purposely kept small. Among the courses taught by these instructors are: Payroll Systems, Pensions and Benefits, Payroll Compliance, Strategic Compensation, Management Accounting for Human Resources and more.
Because Centennial College recognizes the importance of continuously updating its course offerings, in this program there is currently an emphasis on emerging trends and issues in payroll management. An example of this is the use of promising technologies and changing legislative requirements. Some of the specific hands-on components include students learning the payroll system using an SAP application as well as using case studies, simulations and project-based learning, with a focus on developing project management, teamwork, report writing and presentation skills.
Additionally, the offering is delivered in partnership with the Canadian Payroll Association (CPA). This means that qualified students are eligible to earn the Payroll Compliance Practitioner (PCP) professional designation granted by the Association. Registration in this will incur costs in addition to tuition.
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The author of this article is Klaudia, who, in her focus on the Payroll Management program at Centennial College not only looks at the structure of the offering but also at post-graduate possibilities.
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