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Full-Time

Payroll Manager

Posted on 10/18/2023

Altruist

Altruist

501-1,000 employees

All-in-one investment platform for advisors

Consulting
Fintech
Financial Services

Senior

Los Angeles, CA, USA

Category
Accounting
Required Skills
NetSuite
Requirements
  • 7+ years of overall experience in payroll, and preferably 2 years of experience leading a payroll team
  • Experience in ADP WorkforceNow is preferred
  • Strong understanding of current legislative requirements and regulations paired with a detailed understanding of payroll and related tax administration
  • Experience with NetSuite and proficiency with Google suite and Microsoft Office, including strong working knowledge of Excel
  • Self-motivated by opportunities to learn and improve processes
  • Demonstrated ability to maintain confidentiality and handle sensitive information
  • Excellent written and verbal communication skills
  • Ability to partner with cross-functional teams, including legal, HR, tax, accounting, equity, and finance
  • Strong working knowledge of payroll best practices, guidelines, and compliance, including multi-jurisdictional tax management
  • Certified Payroll Professional (CPP) preferred
Responsibilities
  • Oversee the end-to-end payroll process for U.S. multi-state payroll
  • Ensure accuracy and timely processing of all payrolls by managing schedules, volume, and quality of processing
  • Drive ongoing improvements in our payroll processes to accommodate multiple legal entities, employee bases, and technology solutions
  • Develop and maintain internal controls around the hire-to-retire and payroll processes
  • Ensure that payroll processes are compliant with local requirements and company policies, and that they are reviewed regularly, improved when necessary, and appropriately documented and communicated internally
  • Own all payroll related communications internally: provide clarity on payroll processes and benefits at all levels of the business and in particular for new hires, provide day-to-day support and resolution for any queries on all payroll matters, proactively communicate with team members, managers and HR team as necessary
  • Keep up to date on all payroll industry trends and best practices applying this knowledge to our processes and identifying areas for improvement
  • Review quarterly 941 filings, annual W-2s and reconcile to payroll records
  • Coordinate with the payroll provider on new work state setup and payroll tax registrations, as needed
  • Prepare payroll journals, account reconciliations, and payroll fluctuations analysis for the accounting month-end close
  • Partner with the rest of the Finance team regarding general ledger entries, payroll liabilities reconciliation, state and local tax compliance, annual and ad-hoc audit support, reporting inquiries and other projects, as necessary
  • Provide ad hoc reporting to Finance and HR on 401(k) audit, workers comp audit, insurance renewals, government surveys, and payroll cash flows

Altruist provides a comprehensive investment platform tailored for financial advisors, integrating tools for account management, trading, and client reporting. This company streamlines financial operations with advanced features like commission-free fractional share trading and automated rebalancers, reducing inefficiencies and enhancing client services. The focus on high-touch support and continuous improvement in financial technologies makes it an appealing environment for professionals looking to advance in the fintech industry.

Company Stage

Series E

Total Funding

$449.5M

Headquarters

Culver City, California

Founded

2018

Growth & Insights
Headcount

6 month growth

10%

1 year growth

26%

2 year growth

60%
INACTIVE