Associate Manager, Payroll & Equity Administration (Contract)

How you’ll make an impact:

2seventy bio is seeking an Associate Manager, Payroll & Equity in our Finance department with experience working with ADP Workforce Now to assist with all aspects of U.S. payroll operations along with equity experience. The ideal candidate would have a strong attention to detail and ability to balance several different tasks at one time. This position will be a key member of the payroll team responsible for helping U.S. payroll operations for 400+ employees (and growing!) and to help provide strong customer service in a dynamic, exciting environment.

About the team:

Leave your formal attire at home – the 2seventy Finance team is cool. What does that mean? We don’t gloss over the details – we have a passion for data, logic, and analysis. With a patients-first philosophy, we are determined to find innovative solutions to complicated, never-before-seen industry and business challenges. Our global cross-functional team thrives in a fast-paced, highly dynamic environment where no one day is the same. As a member of the 2seventy Finance team, you could play a valuable role in transforming the lives of patients.

How you’ll spend your time:

• Input US payroll on a bi-weekly basis, ensuring new hire information, terminations, and all other changes are accurately reflected
• Prepare payroll-related journal entries and account reconciliation
• Provide insight on fluctuations and changes in accounts, as requested by the Associate Director, Payroll
• Coordinate with HR business partners, Benefits, and Equity to ensure accuracy of information used in payroll
• Provide customer service to employees of all levels on payroll related requests, including troubleshooting of issues and respond in an accurate, timely manner
• Manage any issues with our verification of employment vendor
• Assist with new state set-ups under the direction of the Associate Director, Payroll
• Prepare for year-end W-2s by assisting with EOY entries and reconciliation of all accounts to ensure accuracy of W-2’s
• Monthly processing of new equity grants, working closely with People & Culture and Legal team to ensure new equity awards are properly approved based upon grant guidelines approved by the Compensation Committee of the Board of Directors
• Managing vesting and release of restricted stock units and performance-based restricted stock units, review tax withholding accuracy and work with Solium for processing vesting’s timely and preparing entries for payroll
• Responding to equity and operational-related inquiries from employees and others
• Managing the Employee Stock Purchase Plan and reviewing associated payroll deductions for each pay-cycle, processing semi-annual purchase and managing enrollment of new offering
• Ensuring equity system is up to date in terms of employee data including terminations, department updates, change in status and tax rates
• Coordinate with various auditors on required support for audits
• Assist the Associate Director, Payroll with ad hoc issues as they arise

Who you are and what you’ve accomplished:

• An understanding of payroll processes and a desire to learn what is required to successfully run biweekly payrolls for multiple states (currently approx. 20+) in the US
• Experience with supporting an equity administration system (Morgan Stanley is a plus)
• Has solid attention to detail and can perform effective self-reviews before submitting work taking full ownership from beginning to end
• BS/BA required, degree in Accounting or Finance preferred
• Experience preferred but not required for year-end W-2 entries including reconciliation of year end fringe benefits
• Flexible/adaptable to the dynamic work environment and strong dedicated team player
• Can work in all Microsoft products, but is especially comfortable with Excel and how to use the tool for large amounts of data effectively
• Direct experience in entering payroll within ADP Workforce Now is a plus
• Familiarity with Oracle HCM (cloud) is a plus
• Familiarity with biotech benefits/ incentives is a plus