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Payroll Specialist (Biotech Company)– Greater Boston

  • Date Posted December 31, 2020
  • Location Boston, MA
  • Job Type Direct
  • Job ID 16939

Payroll Specialist(Biotech Company) – Greater Boston Area

Our client, a growing biotech firm with great company culture, is looking to hire a Payroll Specialist to join their company! This role requires US GAAP knowledge as the Payroll Specialist will be a part of the Accounting team and report to the Accounting Manager. The Payroll Specialist will oversee and perform all payroll-related functions and ensure that everything is consistent with the company policies and processes.

This role will be remote initially for a few months until the team goes back into the office – the successful candidate must be based in the Greater Boston area.

Responsibilities:

  • Performs payroll-related functions, including but not limited to, processing new hires, termination status changes, tax changes, wage garnishments, deductions, and direct deposit.
  • Reviews and verifies payroll data, promptly calculate overtime and other pay premiums, and enters payroll data.
  • Oversees maintenance of payroll records and files including but not limited to sick time and vacation and other accrued leave.
  • Collaborate with Human Resources on the administration of 401(k) and other benefit plans.
  • Responds to routine inquiries concerning payroll deductions and accruals, wage garnishments, preparation of manual checks, and employment verifications.
  • Performs routine audits of payroll and benefits data and supports audits by benefits providers.
  • Prepares journal entries and month-end reports.
  • Oversees tax compliance by payroll provider and resolution of routine notices and changes to tax requirements.
  • Reconciles all payroll-related accounts and activities.
  • Assists with the development and implementation of payroll practices, policies, and procedures.
  • Assists with accounting for compensation, including equity plan management, expense reporting support, and other special projects as needed.
  • Performs other related duties as assigned.

Qualifications:

  • Bachelor’s degree required with a minimum of 2-5 years of payroll experience
  • Broad knowledge of accounting principles (US GAAP)
  • Internal controls (SOX) experience
  • Life science/biotech industry experience preferred
  • Experience with ADP WorkforceNow required
  • SAP Concur, SAP S4/Hana experience preferred
  • Advanced Microsoft Excel skills
  • Excellent interpersonal and communication skills
  • Strong attention to detail, time management, and organizational skills

This opportunity is a full-time role that will offer a base salary of 70-80K plus bonus and equity. If you are interested in this opportunity and have all the required qualifications, please apply now or send your resume to Begum atbgennari@daleyaa.com

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