Working at Thoropass

Our team members believe that partnership lightens the load. Not everyone can be an expert at everything – lending each other support in areas of weakness strengthens everyone’s offering. We collaborate openly and enthusiastically; without ego. Thoropass makes it as easy to do the right thing as it is to check a box.

What We Do

At Thoropass, we’re compliance experts, so you don’t have to be. Pairing easy software that’s always getting smarter with expert guidance and continuous monitoring, we integrate into your process to prepare you to pass any audit every year with flying colors. Hundreds of growing companies use Thoropass’s compliance automation platform, expert services, auditors, and partner ecosystem to get and stay compliant over the lifetime of their business. 

We are a rapidly expanding team based in New York. We were founded in May 2019 and raised our Series C funding in November 2022. Our top investors include J.P. Morgan, PayPal Ventures, Fin Capital, Centana, and Bain Capital. We’re growing customers and revenue dramatically and we’re poised for continued break-out growth in 2024 and beyond.

About the Role

We are hiring for a Payroll Manager, you will be responsible for owning our payroll process in full.
This role will be reporting directly to the Controller.

What You’ll Do

• Maintain an up-to-date employee census and organizational chart with up-to-date details showing key employee information including but not limited to: current salary, incentive plan eligibility, etc.
• Run payroll bimonthly and providing supplementary info to any relevant stakeholders
• Provide month end payroll entry with details regarding base salaries, fringe benefits, and variable compensation to corporate accounting function to ensure proper approval and coding within the general ledger
• Serve as the primary administrator for Rippling (HRIS) to maintain accurate and compliant employee records, run reports, and manage overall health of the platform
• Preparing and reviewing total compensation and benefits packages for new employees
• Sourcing and administering health benefits, 401k program, and other programs related to total compensation
• Work with applicable department leaders and executive management to establish process ensuring approvals, and other related steps required when there is a change in employee status (new role, change in compensation, etc.)
• Coordinate with department leaders to ensure variable incentive plan documents are current and accurate
• Work with applicable department leaders and executive management to establish process ensuring approvals, and other related steps required when there is a change in employee incentive target amounts or structure
• Assist with preparation of calculations to determine achievement of variable compensation targets for various departments across the organization

Skillsets/ Requirements

• 4-7 years of experience in a payroll position
• 2+ years of experience in payroll management
• At least 1 year of experience with Rippling  
• Proficiency with an HRIS system or PEO
• Demonstrated ability to manage benefit design & implementation
• Proven participation in leave management, sick leave, compensation cycles and performance reviews
• Smart, diligent, with a keen eye for detail!

Bonus Points

•  Payroll management experience in a fast-paced startup environment

Compensation:

• The salary range for this position is $100,000 - $125,000 which will commensurate with experience
• Exceptional healthcare
• Early equity in a fast-growing company
• Hybrid work from home model
• Unlimited PTO
• $400 stipend for home office equipment
• Quarterly wellness and home wifi stipend
• Paid courses and certifications