Payroll Senior Associate
Posted on 10/11/2023
Arrowstreet Capital

201-500 employees

Global equity investment strategies for institutional investors
Company Overview
Arrowstreet Capital, a Boston-based investment manager, stands out for its robust quantitative methods and structured investment process, which focus on identifying diverse investment opportunities across companies, sectors, and countries. The firm's culture is grounded in accountability and integrity, fostering a collaborative, creative, and diverse team environment that values merit and inclusivity. With a stable private partnership and a long-term orientation, Arrowstreet Capital manages approximately $100 billion for over 200 clients globally, demonstrating its industry leadership and competitive advantage.
Financial Services
Venture Capital

Company Stage


Total Funding





Boston, Massachusetts

Growth & Insights

6 month growth


1 year growth


2 year growth

Cambridge, MA, USA
Experience Level
Desired Skills
Data Analysis
Human Resources Information System (HRIS)
People & HR
  • Bachelor’s Degree required
  • 3+ years of experience handling all aspects of payroll administration in a complex organization, preferably within financial services or another professional services industry
  • CPP Certification is a plus
  • Previous experience with multiple payroll vendors and assisting with system implementations and upgrades is a plus
  • Detail-oriented with strong organizational, problem-solving skills, and the ability to prioritize
  • High level of proficiency in auditing data, reconciliation and controls
  • Good interpersonal, oral and written communication skills
  • Ability to collaborate and deliver on leadership-directed tasks and provide ongoing feedback and communication to manager and team.
  • Able to maintain the confidentially of employee payroll and benefits data
  • Able to work closely and effectively with a diverse employee population
  • Ability to work independently as well as within and across teams
  • Proficiency in Microsoft Office Suite (strong, proficient Excel skills preferred)
  • Experience with processing US payroll via ADP Workforce Now required
  • Experience with multi-state payroll preferred
  • Experience with Workday is preferred
  • Experience processing Canada and UK payroll is a plus
  • Prepare bi-weekly and monthly payroll cycles, monitor time cards, special compensation amounts, and bonus payrolls
  • Ensure administration of payroll transactions are timely and in accordance with all applicable State/Federal laws and IRS regulations
  • Properly account for benefit transactions, miscellaneous, wage garnishment and retirement deductions withheld from employees’ bi-weekly and monthly paychecks
  • Assist with the preparation and audit of payroll transactions such as, but not limited to, wage garnishments, tax withholding information, deductions, pay calculations, retroactive transactions, and reimbursements prior to processing each payroll cycle
  • Collaborate with the Human Resources team to ensure the processing of new hires, terminations, transfers and promotions are reflected accurately and timely within the Workday system
  • Responsible for the coordination efforts between Payroll, Human Resources, other Departments to ensure proper flow and maintenance of relevant employee data for regulatory or ad hoc reporting
  • Serve as a key employee contact to resolve payroll issues
  • Assist with quality review, data analysis, ensuring accuracy between systems (Workday to ADP, Workday to other)
  • Track and resolve employee questions and maintain FAQ for employee reference
  • Complete and process compensation requests for leave administration
  • Prepare and post payroll journal entries into our accounting system
  • Prepare analytics of compensation expenses as compared to budget; prepare projected compensation, benefits and employer tax expenses through end of year
  • Assist with our HRIS system (Workday) automation and other ad hoc projects
  • Assist with documenting Standard Operating Procedures and Policies
Desired Qualifications
  • CPP Certification
  • Experience with multiple payroll vendors and system implementations/upgrades
  • Experience with multi-state payroll
  • Experience with Workday
  • Experience processing Canada and UK payroll