Full-Time

Associate – Payroll

Confirmed live in the last 24 hours

Tower Research Capital

Tower Research Capital

1,001-5,000 employees

High-frequency trading and technology solutions

Quantitative Finance
Financial Services

Compensation Overview

$85k - $105kAnnually

+ Discretionary Bonus

Mid

New York, NY, USA

Offices located in TriBeCa and SoHo, neighborhoods in downtown Manhattan.

Category
Payroll Accounting
Accounting
Requirements
  • At least 3 years of Payroll experience
  • Strong communication skills
  • Strong PC skills (MS Office) and knowledge of any well-known payroll and benefits systems, Workday is a must
  • The ability to maintain confidentiality of sensitive matters and respond effectively to such situations
  • The ability to learn and understand new software and applications quickly
  • The ability to execute processes and scheduled tasks with little supervision
Responsibilities
  • Performing end-to-end activities of semi-monthly (multi-state) North American payrolls ensuring timely and accurately processing, including scheduling, timelines, collection of information, analysis, input, reconciliation, funding, and follow-up
  • Producing payroll and compensation reports as scheduled for various departments and assisting with participation in special surveys
  • Managing the general ledger reporting process and preparing, auditing, and delivering files to Accounting
  • Manage year end process of ensuring all necessary adjustments for accurate W2 processing are completed and validated
  • Owning the Payroll and Benefits email inbox, and being the first point of contact to assist employees with daily questions
  • Coordinating with HR for onboarding, offboarding, and ensuring processing of transactions maintaining the relevant systems for electronic personnel and compensation data
  • Supporting the regional Payroll and Benefits team by auditing the completed payroll and participating in quarterly cross-processing as part of the disaster recovery plan
  • Strong knowledge of garnishments and payroll taxes
  • Ability to maintain payroll records accurately and confidentially
  • Ability to work well in a team and collaborate with HR department
  • Knowledge of HR policies and procedures is a plus
  • Ensure compliance with Federal, State and Local labor laws and regulations
Tower Research Capital

Tower Research Capital

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Tower Research Capital provides high-frequency trading services in the financial markets. The company uses advanced technology and algorithms to execute trades at very high speeds, allowing it to take advantage of small price discrepancies and market inefficiencies. Its main clients are institutional investors, hedge funds, and other financial entities that need fast and reliable trading solutions. Unlike many competitors, Tower Research Capital focuses on proprietary trading strategies and invests heavily in research and development to enhance its trading technology. The goal of the company is to generate profits by executing a large volume of trades with minimal latency.

Company Stage

N/A

Total Funding

$58.9M

Headquarters

New York City, New York

Founded

1998

Simplify Jobs

Simplify's Take

What believers are saying

  • Employees benefit from exposure to a wide range of industries and cutting-edge technologies, enhancing their professional growth and marketability.
  • The firm's robust financial health, evidenced by substantial real estate investments and participation in high-profile funding rounds, provides job security and growth opportunities.
  • Tower Research Capital's commitment to social responsibility, such as their COVID-focused donation matching campaign, fosters a positive and supportive work environment.

What critics are saying

  • The highly competitive nature of the trading and investment sectors means that Tower Research Capital must continuously innovate to maintain its edge.
  • Involvement in diverse sectors could lead to overextension, potentially diluting focus and resources.

What makes Tower Research Capital unique

  • Tower Research Capital's involvement in diverse sectors, from government procurement to sports betting, showcases its broad investment strategy, unlike firms that focus on niche markets.
  • Their strategic investments in innovative technologies like AI for government contracting and financial exchange access set them apart from traditional trading firms.
  • Tower Research Capital's significant real estate investments, such as leasing 122,000 square feet in a prime Financial District building, highlight their financial stability and long-term planning.

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Benefits

5 weeks of paid vacation per year

401(k) with company matching

Free meals and snacks

Reimbursement for health and wellness expenses