What are the responsibilities and job description for the Payroll Specialist position at BioTalent?
Senior Payroll Specialist
$100,000 - $125,000 per annum plus fantastic benefits.
Location - Bedford, MA
The Payroll Specialist is responsible for the accurate and timely processing of multi-state payroll for approximately 300 employees. This role supports all aspects of payroll operations including salary, hourly, bonus, and equity-related compensation. The ideal candidate has strong attention to detail, a solid understanding of payroll compliance, and the ability to partner cross-functionally with HR, Finance, and external vendors to ensure accurate payroll processing and reporting.
- Process and review semi-monthly (salary) and bi-weekly (hourly) multi-state payrolls for approximately 300 employees using payroll system.
- Coordinate and process special payments.
- Coordinate and review monthly/quarterly reporting to governmental agencies (federal and states) as required by law;
- Support payroll processing related to equity compensation including stock awards, option exercises, and employee stock purchase plan (ESPP) transactions.
- Collaborate with HR to ensure the smooth execution of onboarding, offboarding and overall maintenance of employee compensation and initiate PTO
- Support payroll audits and internal controls by maintaining accurate documentation and reconciliation of payroll transactions.
- Administer the process of adding new employees, making changes to the master data for existing employees, and terminating employees in our payroll system (ADP);
- Generate and analyze payroll reports using ADP Workforce Now to support Finance, HR, and audit requirements.
- Ensure compliance with federal, state, and local payroll regulations including wage and hour laws, tax reporting, and payroll recordkeeping.
- Assist in researching payroll issues, accruals and account reconciliations.
- Assist with aspects around stock-based compensation, incl. our employee stock purchase plan.
Qualification Requirements
- 5 years of payroll processing experience
- Experience processing multi-state payroll in high growth environments.
- Excellent attention to detail
- Exceptional mathematical and calculation skills
- Strong verbal and written communication skills
- Strong Microsoft Excel Skills
- Ability to partner with multi-disciplinary teams
- Knowledge of payroll, garnishments and benefits distribution
- Multitasking abilities
- Good research and analysis skills
Salary : $90,000 - $125,000