Payroll Specialist (Sr.)

Arcellx, Inc. (http://www.arcellx.com/) is a clinical-stage biotechnology company reimagining cell therapy by engineering innovative immunotherapies for patients with cancer and other incurable diseases. Arcellx believes that cell therapies are one of the forward pillars of medicine and our mission is to advance humanity by developing cell therapies that are safer, more effective, and more broadly accessible. Our offices are located in Gaithersburg, Maryland, and Redwood City, California.

Reporting to our Controller, the Payroll Specialist will manage our payroll processes and oversee all payroll administration. This person will be responsible for monitoring all tasks necessary to accomplish the organization’s payroll processing objectives, including planning, coordinating, managing the functions of the payroll department, and processing payroll. This position requires an extremely detail-oriented person with significant knowledge of payroll administration, including state and federal regulations, and experience running payroll through ADP.

At Arcellx, we value passion, curiosity, determination, and diversity, and look for candidates who demonstrate a genuine interest in our mission and alignment with our values.  

Key Responsibilities: 

• Preparing and processing semi-monthly payroll via ADP for employees based in California, Maryland and other states, ensuring it is submitted accurately and on time.
• Processing and submitting employee stock transactions subject to gains and related tax withholding through ADP.
• Entering data into payroll and administrative databases and software programs.
• Calculating wages, benefits, tax deductions, commissions, etc.
• Maintaining accurate records of payroll documentation and transactions in accordance with SOX requirements.
• Responding to payroll-related inquiries and resolving concerns.
• Collecting timesheet data and payroll information.
• Performing account balance and payroll reconciliations and payroll journal entries.
• Preparing payroll related financial reports for accounting and auditing purposes.
• Preparing periodic payroll reports for review by management.
• Processing new state registration.
• Preparing and reconciling year-end reporting preparations such as W-2.
• Continuous process improvements within the payroll function.

Qualifications: 

• 2-3 years of direct payroll processing experience. For a senior-level hire, experience requirements are 3-5+ years. 
• 1+ years of direct experience using ADP.
• Demonstrated knowledge of local, state, and federal payroll tax laws and regulations.
• Experience processing and submitting employee stock transactions. 
• Working knowledge of basic accounting principles and payroll practices.
• Experience implementing payroll processes.
• Ability to work collaboratively across functional teams.
• Exceptional time management and project management skills.
• Must have sound interpersonal, communication, organizational, and analytic skills.
• Ability to work in dynamic and fast-paced environment.
• Bachelor’s degree in accounting, finance or a related field is preferred.
• CPP certification preferred.

Competencies:

• Has character and integrity. Committed to always doing what’s right.
• Self-motivated and able to work autonomously. Can produce top-quality work with little oversight.
• "No job is too small" mentality. Humble and willing to help others.
• Able to build strong relationships and collaborate effectively with colleagues.
• Gives direct, candid, and respectful feedback. Can receive feedback with curiosity and without getting defensive.
• Always looking to improve and challenge the status quo. Gritty and determined.

Salary Range: $80,000 - $120,000 per year.