Payroll & Equity Administration Manager

About the role

We are seeking a highly detail-oriented and collaborative Payroll & Equity Administration Manager to oversee the Company’s payroll operations and equity compensation programs in a public biotechnology environment.

Responsibilities

• Oversee end-to-end payroll processing in partnership with external payroll providers, ensuring accuracy and timeliness.
• Review and approve payroll registers, funding reports, tax filings, and related reconciliations.
• Ensure compliance with federal, state, and local payroll regulations.
• Reconcile payroll to the general ledger and support month-end close activities.
• Partner with HR on employee lifecycle changes, benefits deductions, and compensation updates.
• Maintain and document payroll-related SOX controls and support audit requests.
• Act as the internal Workday Payroll subject matter expert, supporting configuration, testing, and implementation of payroll-related system changes, including new payroll earnings, deductions, and benefit integrations.
• Maintain deep knowledge of Workday payroll calculation logic and system architecture, ensuring payroll configurations are accurate, scalable, and aligned with regulatory and business requirements.
• Identify opportunities to improve payroll processes, systems integration, and controls.
• Oversee end-to-end Administration of the Company’s equity compensation programs, in partnership with external service providers, including stock options, RSUs, and ESPP (as applicable).
• Manage grant processing, vesting schedules, exercises, releases, and terminations within the equity administration platform.
• Care for coordination of equity grant approvals and documentation in partnership with HR and Legal.
• Maintain accurate equity records and perform periodic reconciliations.
• Support preparation of equity-related reports for Finance, including stock-based compensation data and audit support schedules.
• Aid with SEC-related equity reporting requirements (e.g., Section 16 filings, Form 4 support, Proxy, as applicable).
• Maintain and document SOX controls over equity processes and ensure audit readiness.

Requirements

• Bachelor’s degree in Accounting, Finance, or related field.
• 6–10+ years of payroll and equity administration experience.
• Experience in a public company environment.
• Strong experience with multi-state payroll and complex tax scenarios.
• Hands-on experience with Workday Payroll preferred, including system configuration, payroll calculations, and payroll-related benefits setup.
• Strong understanding of payroll regulations and compliance requirements.
• Experience with equity administration platforms (e.g., Fidelity, E*TRADE).
• Familiarity with stock-based compensation accounting and related financial reporting requirements.
• Experience supporting SOX controls and external audits.
• Strong Excel skills and overall systems aptitude.
• High level of integrity and ability to manage confidential information.

Qualifications

• Experience with equity administration platforms (e.g., Fidelity, E*TRADE).
• Familiarity with stock-based compensation accounting and related financial reporting requirements.
• Experience supporting SOX controls and external audits.

Skills

• Strong understanding of payroll regulations and compliance requirements.
• Hands-on experience with Workday Payroll.
• Experience with equity administration platforms (e.g., Fidelity, E*TRADE).
• Familiarity with stock-based compensation accounting and related financial reporting requirements.
• Experience supporting SOX controls and external audits.

Benefits

About Generate Biomedicines: We are a clinical-stage generative biology company pioneering the AI revolution in drug design and development. We are advancing a new approach to drug creation—one grounded in the ability to design proteins with defined biological intent. By integrating machine learning with large-scale experimentation, this approach aims to reduce the uncertainty, time, and cost associated with developing protein-based medicines. Founded in 2018, we are advancing a growing pipeline of clinical and preclinical programs across multiple disease areas and protein modalities. By unifying computational design and clinical development within a single operating model, we translate this approach into clinical-stage programs and are leading a shift from traditional drug discovery toward systematic drug generation. At Generate:Biomedicines, we collaborate across disciplines in new ways to invent and innovate. We bring diverse perspectives to a shared goal of delivering better medicines to patients in need, faster, guided by our values and leadership behaviors.

Pay

Per Year Salary Range $116,000—$162,000 USD