Payroll Manager
Posted on 10/18/2023
INACTIVE
Altruist

501-1,000 employees

Integrated platform for independent financial advisors offering account
Company Overview
Altruist is a modern custodian for RIAs that combines essential technology with excellent customer service, enabling advisors to efficiently manage their practices. The company's intuitive software streamlines account opening, trading, reporting, and billing processes, making it a preferred choice for over 1,800 independent advisors. Altruist's commitment to transparency and conflict of interest disclosures, as evidenced by their detailed testimonial disclaimers, further underscores their industry leadership and dedication to ethical business practices.
Fintech

Company Stage

Series D

Total Funding

$297M

Founded

2018

Headquarters

Culver City, California

Growth & Insights
Headcount

6 month growth

11%

1 year growth

41%

2 year growth

120%
Locations
Los Angeles, CA, USA
Experience Level
Entry
Junior
Mid
Senior
Expert
Desired Skills
NetSuite
CategoriesNew
Accounting
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