Payroll & Equity Specialist

Key Responsibilities

• Review and reconcile stock option exercises, restricted stock vesting events, RSU releases, ESPP transactions, and other equity compensation activities.
• Calculate and validate taxable income associated with equity transactions.
• Reconcile reports from equity administration platforms JP Morgan Workplace Solutions to payroll records.
• Ensure proper payroll tax withholding for nonqualified stock option (NSO) exercises, RSU vesting, ESPP disqualifying dispositions, and other taxable equity events.
• Cook up with payroll providers, brokers, and finance teams to ensure equity transactions are accurately reflected in payroll.
• Reconcile shares withheld for taxes and cash remitted by brokers.
• Support accounting and reporting requirements related to stock-based compensation payroll transactions.

Payroll Reconciliations and Reporting

• Prepare and maintain payroll account reconciliations, including: Payroll tax liabilities, Wage and withholding accounts, Benefit deductions, Equity compensation payroll transactions, Payroll clearing accounts.
• Reconcile payroll general ledger accounts monthly.
• Investigate and resolve payroll variances and exceptions.
• Aid Accounting during month-end, quarter-end, and year-end close processes.

Requirements

• Bachelor's degree in Accounting, Business Administration, Human Resources, or related field preferred.
• Equivalent combination of education and experience may be considered.
• 3-5+ years of payroll administration experience.
• Experience processing multi-state payroll.
• Experience with payroll tax compliance and year-end reporting.
• Experience with publicly traded companies preferred.
• Experience with UKG, NetSuite and JP Morgan Workplace Solutions preferred.

Benefits

• The targeted salary range for this role is $80,000 to 120,000 depending on experience, plus eligibility to participate in our annual incentive plan.
• In addition to your base compensation, we offer a generous Total Rewards program which includes:
• 100% company-paid employee coverage for Medical, Dental, Vision, and Short/Long Term Disability insurance programs.
• Employer-funded Health Savings Account.
• Unlimited Paid Time Off.
• 401(k) safe harbor contribution.
• Company paid Life and AD&D Insurance.
• Flexible Savings Account.
• Paid FMLA Leave.
• Paid Maternity/Paternity Leave.
• Employer Assistance Program.
• Student Loan Repayment.
• Equity Opportunity.