Patsnap is an AI-powered SaaS platform that transforms the way global businesses innovate and collaborate across IP and R&D teams. Our connected innovation intelligence product suite helps 12,000+ customers worldwide bring new inventions to market faster. Our $300M Series E funding round brings our valuation to a $1 billion unicorn status, and we still have a remarkable amount of growth ahead.
We have a vibrant and diverse team with offices in Toronto, London, Beijing, Shanghai, Suzhou, and Singapore. Our hyper-growth trajectory is powered by our people, and we are proud of our company vision, values, and entrepreneurial spirit. We are committed to fostering an inclusive environment where talent thrives and ideas bloom.
This is a hybrid position in our London, UK office. This role has the option to work hybrid throughout the week or fully in office.
Role Summary
Patsnap is looking to hire a Payroll & Benefits Accountant to join the Company’s finance team. This position reports to the VP of Finance – West and will work closely with the Finance Manager and other team members. This person will be responsible for overseeing all activities associated with the payroll and benefits function and will also include general ledger responsibilities, month-end close, journal entries, and reporting.
This position will also have the opportunity to learn and assist with the administration of Patsnap’s Equity Incentive Program. This position will partner with other Finance team members on a variety of projects and digital transformation initiatives.
What You’ll Be Doing
- Manage the preparation of payroll for the UK; experience with Canada and US payroll a plus
- Develop, implement, and administer payroll policies, procedures, and internal controls
- Understand payroll reporting and regulatory requirements
- Design and maintain programs and reports for HR and Finance needs
- Provide payroll support by answering questions and requests from employees
- Review final payroll reports, general ledger journal entries, payroll bank wire transfers, direct deposits, and taxes
- Collaborate with other departments for system changes
- Maintain payroll information by collecting, calculating, and entering data
- Run monthly payroll reports and other analyses as needed
- Verify payroll information from Human Resources
- Coordinate payroll audits performed by external parties
- Process payments for specific tax and insurance agencies
- Contribute to month-end close process; prepare journal entries, perform reconciliations, and key reports
- Reconcile payroll general ledger accounts, year-end tax reconciliation, and final year-end tax form approvals
- Work with outside vendors to keep records/systems in sync
- Process withholding tax adjustments with outside vendors
- Assist the VP of Finance with equity administration and reporting
- Manage Concur Expense System and Expense Reporting
What You’ve Done Before
- 3 – 5 years of combined experiences with both Payroll and Accounting
- Accounting experience; billing, payables, general ledger, journal entries
- Bachelor’s degree in Accounting, Finance, Economics, or Administration
- Previous working knowledge of ADP Workforce Now, ADP Celergo, Concur, Bamboo, and Trinet
- First-hand experience running and processing payroll in the UK, Canada, and US a plus
- Payroll certifications are a plus
What You’ll Love
- Five weeks of annual leave + bank holidays
- One additional vacation day per year of service up to a maximum of 5 additional days
- Two company-paid community volunteering days
- Paid parental leave policy
- Private healthcare with Bupa Healthcare
- Eyecare voucher scheme
- Private pension with Scottish Widows
- Cycle to work scheme
- Life Assurance
- Payroll giving
- Hybrid work environment + WFH stipend
- Perkbox benefit scheme
Values
- Integrity: We hold each other accountable for our actions
- Leadership: We lead by example and inspire each other to reach for new heights
- Openness: We are open and honest and share our ideas with care and consideration
- Growth: We are lifelong learners who aspire to improve each day
- Innovation: We seek out new ways to solve problems
- Customer: Our customer is at the center of everything we do. Their success is our success
Patsnap is proud to be an equal opportunity employer (EOE) that champions diversity. We do not discriminate based on race, religion, national origin, citizenship, sex, gender identity or expression, sexual orientation, pregnancy, age, or marital, veteran/military, or disability status, or any other protected status in accordance with federal, provincial/state or local laws.
Even if you don’t meet 100% of the above qualifications, we encourage you to apply and tell us why you’d be a great fit for this role! If you require any accommodations during the interview process, please email us at
[email protected] so we can best support you.