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Senior Manager, Payroll

Company: Circle Internet Financial Limited
Location: San Francisco
Posted on: November 22, 2021

Job Description:

San Francisco - will also consider remote in US Circle is a global financial technology firm that enables businesses of all sizes to harness the power of digital currency and public blockchains for payments, commerce and financial applications worldwide. Circle platforms and products provide a suite of internet-native financial services for payments, treasury infrastructure and capital formation. Circle is also a principal developer of USD Coin (USDC), which has become the fastest growing dollar digital currency in the world. USDC has grown to over 30 billion in circulation and supported over $1.2+ trillion in transactions in the past year. Circle's payments and treasury infrastructure services available through the Circle Account and APIs helps bridge the legacy financial system and digital currency and blockchain based finance. Circle's SeedInvest service brings internet-native fundraising and capital formation to startups and growth companies. Combined, Circle's suite of services helps companies to participate in a more open, global and inclusive financial system. What you'll be part of: With the mission "To raise global economic prosperity through the frictionless exchange of financial value," Circle was founded on the belief that the internet, blockchains and digital currency will rewire the global economic system, creating a fundamentally more open, inclusive, efficient and integrated world economy. We envision a global economy where people and businesses everywhere can more freely connect and transact with each other with new technologies for digital money and internet-native finance. We believe such a system can raise prosperity for people and companies everywhere. Our mission is powered by the values we espouse and which we expect all Circlers to respect. We are Multistakeholder, serving the needs of our customers, our shareholders, our employees and families, our local communities and our world. Furthermore, we are also Mindful, Driven by Excellence, and High Integrity. What you'll be responsible for: This role will successfully implement best-in-class payroll management to develop people and payroll processes. You will have overall responsibility for managing payroll across a suite of technologies and various integrations with a focus on getting our payroll function public company and SOX 404 ready for 2022 and beyond. The position is accountable for the management of the day-to-day payroll activities and providing support to the Talent, Finance, and other internal/external clients. What you'll work on:

  • Responsible for hiring, developing and mentoring direct reports and future team members.
  • You will manage payroll activities and or program components to ensure efficient department functionality, including compliance with all country, federal, state, and local tax laws, company policies and procedures.
  • Oversee, implement, maintain, and review payroll processing systems to ensure timely and accurate processing of payroll transactions including salaries, benefits, garnishments, taxes, equity related transactions (stock options, restricted stock units and employee stock purchase plan) and other deductions.
  • Identifies and recommends updates to payroll processing software, systems, and procedures.
  • Develop and oversee the preparation of various payroll related documents (e.g. SOC 1 reports, retirement plan transfers, payroll registers, stop payments, W-2 controls, etc.).
  • Document and maintain key policies, processes, and procedures, compliant with SOX standards for internal controls over financial reporting.--
  • Manage international payrolls (UK, Ireland, Germany, etc), create appropriate segregation of duties and oversight, ensure accurate record keeping for payroll and tax accounting purposes and to ensure protection of Personal Identifiable information (PII).
  • Effectively collaborates with Talent, Finance, Security, IT, Compliance, and other teams to provide support for requests such as enhancements, defects, and new functionality.
  • Manage external payroll service vendor relationships, including PEO's and EOR's.
  • Remain current on new legislation and regulatory ruling impacting payroll. Enforce adherence and advise management on required actions.
  • Develop and implement appropriate payroll related processes to ensure data integrity, while minimizing manual effort, to ensure compliance.
  • Works with relevant stakeholders on various system integrations (e.g., stock plan management, 401(k) recordkeeper, HRIS system, etc)
  • Recommends best practices to ensure optimal use of the payroll and benefit community and other forums, including online discussions, brainstorms, voting, training, webinars, etc. You will aspire to our four core values:
    • Multistakeholder - you have dedication and commitment to our customers, shareholders, employees and families and local communities.
    • Mindful - you seek to be respectful, an active listener and to pay attention to detail.
    • Driven by Excellence - you are driven by our mission and our passion for customer success which means you relentlessly pursue excellence, that you do not tolerate mediocrity and you work intensely to achieve your goals.--
    • High Integrity - you seek open and honest communication, and you hold yourself to very high moral and ethical standards. You reject manipulation, dishonesty and intolerance. What you'll bring to Circle:
      • 8+ years payroll experience working a complex, growing multi state environment required and experience with managing multiple international payroll and providers.
      • Ability to hire excellent new team members' as well as train and develop team members' career progression.--
      • Experience in taking a company from private to a publicly listed company is highly preferred.
      • Through understanding on how to process global payroll transactions related to stock options, restricted stock units (RSUs) and employee stock purchase plans.
      • Manage compliance with federal, state, and local payroll, wage, and hour laws.
      • Strong background in payroll tax payments and filings.
      • Communicate best practices, methods, processes, and consult with stakeholders and identify metrics and interpretation needed in deliverables.
      • Exceptional problem solving and analytical skills and capabilities.
      • Self-motivated with a focus on driving results and a strong sense of accountability.
      • Customer service oriented with a demonstrated desire to exceed expectations and deliver an excellent experience.
      • Excellent collaboration, organizational, time management, customer service and problem-solving skills and the ability to work accurately and meet deadlines with frequent interruptions.
      • Bachelor's degree in related field, or equivalent experience.
      • CPP is highly preferred.
      • Proficiency in Google Suite, Slack and Apple MacOS preferred.-- We are an equal opportunity employer and value diversity at Circle. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. Do you currently have authorization to work in the United States? --*
        -- Will you, now or in the future, require the support of Circle to maintain that authorization? --*
        -- How many years of experience do you have working with HCM/HRIS systems and data in a highly complex global environment? --*
        Do you have experience working for a company in the process of going public? --*
        LinkedIn Profile
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        GDPR --*
        We respect your privacy and are committed to protecting your personal information.--Please refer to our candidate privacy notice--here --for more information on how we will be using your personal information. By submitting your application, you agree that you have read and understood the--candidate privacy notice . Please select

Keywords: Circle Internet Financial Limited, San Francisco , Senior Manager, Payroll, Executive , San Francisco, California

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