Associate, Payroll

Posted:
8/8/2024, 4:02:40 AM

Location(s):
New York, New York, United States ⋅ New York, United States

Experience Level(s):
Junior ⋅ Mid Level

Field(s):
People & HR

Tower Research Capital, a high-frequency proprietary trading firm founded in 1998, seeks a Payroll Associate to join our Human Resources team.

The Payroll Associate will provide high quality support to Tower by executing an accurate semi-monthly payroll while maintaining the integrity of HR’s information systems, and supporting Tower employees with payroll and benefits service.

Responsibilities

  • Performing end-to-end activities of semi-monthly (multi-state) North American payrolls ensuring  timely and accurately processing, including scheduling, timelines, collection of information, analysis, input, reconciliation, funding, and follow-up
  • Producing payroll and compensation reports as scheduled for various departments and assisting with participation in special surveys
  • Managing the general ledger reporting process and preparing, auditing, and delivering files to Accounting
  • Manage year end process of ensuring all necessary adjustments for accurate W2 processing are completed and validated
  • Owning the Payroll and Benefits email inbox, and being the first point of contact to assist employees with daily questions
  • Coordinating with HR for onboarding, offboarding, and ensuring processing of transactions maintaining the relevant systems for electronic personnel and compensation data
  • Supporting the regional Payroll and Benefits team by auditing the completed payroll and participating in quarterly cross-processing as part of the disaster recovery plan
  • Strong knowledge of garnishments and payroll taxes
  • Ability to maintain payroll records accurately and confidentially
  • Ability to work well in a team and collaborate with HR department
  • Knowledge of HR policies and procedures is a plus
  • Ensure compliance with Federal, State and Local labor laws and regulations

Qualifications

  • At least 3 years of Payroll experience 
  • The ability to maintain confidentiality of sensitive matters and respond effectively to such situations
  • Strong communication skills
  • Strong PC skills (MS Office) and knowledge of any well-known payroll and benefits systems, Workday is a must
  • The ability to learn and understand new software and applications quickly
  • The ability to execute processes and scheduled tasks with little supervision

Anticipated annual base salary range is $85,000-105,000, plus eligible for discretionary bonus.

Benefits

Tower’s dual offices and garden roof decks are located in TriBeCa and SoHo, neighborhoods in downtown Manhattan. While we work hard, Tower’s cubicle-free workplace, jeans-clad workforce, and well-stocked kitchens reflect the premium the firm places on quality of life. Benefits include:

  • 401(k) with company matching
  • 5 weeks of paid vacation per year plus 11 paid holidays
  • Free breakfast, lunch, and snacks on a daily basis
  • Reimbursement for health and wellness expenses
  • Free events and workshops
  • Donation matching program

Tower Research Capital is an equal opportunity employer.