Full-Time

Global Payroll Manager

Posted on 9/9/2024

Clearwater Analytics

Clearwater Analytics

1,001-5,000 employees

Cloud-based investment management platform

Data & Analytics
Enterprise Software
Financial Services

Compensation Overview

$85k - $144kAnnually

+ Bonus + RSUs

Senior

San Jose, CA, USA

Requires presence in San Jose office; work from anywhere 3 weeks a year and work from home on Fridays.

Category
Financial Accounting
Payroll Accounting
Accounting
Required Skills
Excel/Numbers/Sheets
Requirements
  • BS degree or equivalent. CPP designation preferred
  • 7+ years of payroll processing experience for a global workforce
  • 4+ years experience in a Managerial/Supervisory role
  • Strong Workday Payroll experience requirement
  • Excellent communication and organizational skills and the ability to work under pressure
  • Adaptable to a fast changing work environment; able to deliver accurate and on-time payroll regardless of the circumstances
  • Demonstrate initiative and ability to work independently with minimal daily direction from management to accomplish objectives and deadlines
  • Advanced knowledge of Microsoft Excel required
Responsibilities
  • Manage and coordinate payroll operations and related activities that ensure compliance and timely preparation of U.S. and international jurisdiction payrolls for 1,500+ employees
  • Audit payroll transactions and payroll registers prior to finalizing - ensure proper processes are in place for capturing all inputs accurately and review payroll outputs
  • Oversee and review processing of off cycle payrolls for equity-related transactions
  • Perform and review monthly payroll close duties, including the preparation/review of period-end accruals and monthly journal entries for all payroll and benefits, preparation/review of reconciliations of payroll accounts and preparation of month-end flux analysis for all payroll accounts
  • Respond to employee inquiries and serve as liaison between employee and third-party providers
  • Develop and implement payroll processes, policies & procedures to ensure proper internal controls – own all payroll-related internal controls
  • Maintain compliance by reviewing all payroll reporting and ensure accurate and timely filing with appropriate government authorities
  • Support external financial statement audit and quarterly reviews.
  • Coordinate with the HR team on payroll-related 401K and Worker’s Compensation audits
  • Manage other ad hoc projects as deemed necessary

Clearwater Analytics provides a cloud-based platform that helps organizations manage their investment portfolios. The platform serves various clients, including asset managers, corporations, insurers, and public sector entities, by offering tools for compliance, risk management, and performance analytics. It consolidates investment data into a single view, allowing clients to make informed decisions while automating manual processes like data reconciliation and reporting. This Software-as-a-Service (SaaS) model allows clients to subscribe to the platform, generating recurring revenue for Clearwater based on the assets under management. Clearwater is distinguished by its industry recognition and endorsements from major financial institutions, known for delivering accurate, daily audit-quality data. The company's goal is to simplify investment management, enabling clients to focus on achieving better investment outcomes.

Company Stage

IPO

Total Funding

$705.5M

Headquarters

Boise, Idaho

Founded

2004

Simplify Jobs

Simplify's Take

What believers are saying

  • Integration with Snowflake enhances data collaboration and AI capabilities for asset managers.
  • Expansion in EMEA with strategic hires strengthens Clearwater's global market presence.
  • Growing demand for cloud-native solutions aligns with Clearwater's SaaS model.

What critics are saying

  • Increased competition from fintech startups could erode Clearwater's market share.
  • Secondary offering of 25M shares may signal investor concerns about future growth.
  • EMEA expansion exposes Clearwater to geopolitical risks and economic instability.

What makes Clearwater Analytics unique

  • Clearwater offers a comprehensive SaaS platform for investment management and analytics.
  • The platform automates data reconciliation and reporting, reducing manual workload for clients.
  • Clearwater's technology is endorsed by major financial institutions like J.P. Morgan.

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