Payroll Manager

Position Summary

The Payroll Manager is responsible for the accurate and timely processing of multi-state payroll for approximately 350+ employees. This role supports all aspects of payroll operations including salary, hourly, bonus, and equity-related compensation.

Principal Duties And Responsibilities Include The Following

• Process and review semi-monthly (salary) and bi-weekly (hourly) multi-state payrolls for approximately 320+ employees using payroll system (ex: ADP workforce now)
• Cook up and coordinate special payments (e.g. bonuses, equity, LOA)
• Cook up 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
• 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
• Aid in researching payroll issues, accruals and account reconciliations
• Aid in aspects around stock-based compensation, incl. our employee stock purchase plan

Qualification Requirements

• 5-7+ years of payroll processing experience
• Experience processing multi-state payroll in high growth environments
• Proficiency with ADP Workforce Now (Preferred)
• Excellent attention to detail
• Understanding of equity compensation payroll taxation (RSUs, ESPP, stock options) preferred
• Exceptional mathematical and calculation skills
• Strong verbal and written communication skills
• Strong Microsoft Excell Skills (ex: Vlookup, SumIF’s and Pivots)
• Ability to partner with multi-disciplinary teams
• Knowledge of payroll, garnishments and benefits distribution
• Multitasking abilities
• Good research and analysis skills

Salary Range

$ 125,000 USD - $135,000 USD

Ocular Therapeutix is an Equal Opportunity Employer and complies with all applicable federal, state, and local laws regarding nondiscrimination. Ocular Therapeutix provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, or status as a veteran. For information on how Ocular Therapeutix collects, stores, and utilizes candidate information please see our privacy policy found at https://www.ocutx.com/privacy-policy/. For the Privacy Notice for California Job Applicants, please see CCPA Applicant Notice.