Payroll Specialist - Associate / Assistant Vice President
Job Description
iCapital is powering the world’s alternative investment marketplace. Our financial technology platform has transformed how advisors, wealth management firms, asset managers, and banks evaluate and recommend bespoke public and private market strategies for their high-net-worth clients. iCapital services approximately $157 billion in global client assets invested in 1,244 funds, as of March 2023.
iCapital has been named to the Forbes Fintech 50 for five consecutive years (2018 – 2022); a back-to-back selection by Forbes to its list of Best Startup Employers; and a two-time winner of MMI/Barron’s Solutions Provider award (See link below).
About the Role
iCapital is looking to hire a motivated payroll professional to join our growing global Human Resources (HR) team. The Payroll Specialist will assist the Global Payroll Lead in managing the company’s current payrolls, provide payroll insight and services to employees and partners, and help execute related processes and payroll data management.
Under the leadership of the Vice President, Global Payroll Lead, and alongside an awesome HR Operations team, this individual contributor position is an outstanding opportunity to gain experience in a global role that rewards versatility and a cheerful “can-do” spirit.
Responsibilities
Assist with US and Canada payrolls, or other locales as business requirements require.
Reconcile all changes that affect pay; Salary adjustments, location changes, leaves, and returns, bonuses and commissions, deductions, and one-time payments such as referral awards, relocation stipends, and severance payments.
Review and finalize timesheets for a small population of US non-exempt employees.
Manage other pay inputs such as garnishments and deduction corrections as needed.
Actively manage the day-to-day relationship with managed services payroll partners, including correspondence, ad-hoc requests, escalation, and troubleshooting.
Assist with reconciling and approving payrolls timely and accurately (in partnership with Corporate Finance).
Manage ongoing state employment tax requirements in partnership with our managed services partner.
Assist with global year-end processes executed by managed services partner staff to ensure all are accurate and timely.
Coordinate data for audit responses for periodic internal and external payroll audits and compliance reporting, including 401(k) and Workers Compensation.
Monitor a payroll email inbox and educate employees with clear, helpful responses. Be the initial point of contact for all payroll-related issues from employees.
Embrace the opportunity to gain experience with new software and improve key processes.
Qualifications
Bachelor’s degree in finance, accounting, or related field of study
Fundamental Payroll Certification (FPC) or similar APA designation strongly preferred
Proven experience as a Payroll Specialist or similar role managing multi-state payroll. Global experience a plus
In-depth knowledge of payroll processing, payroll taxes, and compliance requirements
Strong understanding of federal, state, and local payroll regulations and tax laws
Proficiency in using payroll software and related tools. Experience with automated payroll systems is highly desirable
Exceptional attention to detail, organizational skills, and accuracy in handling sensitive data
Excellent analytical, problem-solving, and critical-thinking skills
Strong communication skills, both verbal and written, with the ability to effectively communicate complex payroll concepts to employees and stakeholders
Able to maintain confidentiality and handle sensitive information with professionalism and integrity
Able to prioritize tasks and meet deadlines
Continuous learning mindset and willingness to adapt to evolving payroll practices and technologies
Experience with Ceridian Dayforce Payroll preferred, not required
Benefits
The base salary range for this role is $90,000 to $120,000. iCapital offers a compensation package which includes salary, equity for all full-time employees, and an annual performance bonus. Employees also receive a comprehensive benefits package that includes an employer matched retirement plan, generously subsidized healthcare with 100% employer paid dental, vision, telemedicine, and virtual mental health counseling, parental leave, and unlimited paid time off (PTO).
We believe the best ideas and innovation happen when we are together. We offer most employees the flexibility to work in the office three or four days. Every department has different needs, and some positions will be designated in-office jobs, based on their function.
For additional information on iCapital, please visit https://www.icapitalnetwork.com/about-us Twitter: @icapitalnetwork | LinkedIn: https://www.linkedin.com/company/icapital-network-inc | Awards Disclaimer: https://www.icapitalnetwork.com/about-us/recognition/
iCapital is proud to be an Equal Employment Opportunity and Affirmative Action employer. We do not discriminate based upon race, religion, color, national origin, gender, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Date Posted
06/15/2023
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4
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