Payroll Specialist

Full Time
Burlington, MA, USA
11 months ago

Similarweb is the leading digital intelligence platform used by over 4,300 global customers. Our wide range of solutions are used by companies like Google, eBay, and Adidas.

We help our customers succeed in today’s digital world by giving them access to data-driven insights, competitive benchmarks, strategic analysis, and more. In 2021, we went public on the New York Stock Exchange, and we haven’t stopped growing since!

We’re looking for a talented and experienced Payroll Specialist to undertake all aspects of payroll and related accounting in the North America region end-to-end ensuring accurate and timely processing of payroll, operating as a subject matter expert in maintaining market knowledge in payroll best practices, and payroll compliance, designing and implementing processes such as hire-to-retire, payroll controls, benefits and 401(k) setups and reconciliations, perform duties which require an understanding of the company’s payroll policies and procedures and collaborate with the Team on cross-functional projects.

This role will report to the Director of Finance located in the HQ in Tel Aviv. 

Why is this role so important at Similarweb?

Similarweb recently became a public company, and as a result, the US operations have grown significantly. As we continue to grow, we are expanding our team and looking to hire a payroll expert to support the daily operations of the US payroll functions. This payroll specialist will help to ensure that all payments are made to our employees accurately, and by all federal, state, and local tax regulations under strict deadlines, act as a payroll point of contact for our multi-state payroll operation and enhance, design and implement processes to allow scalability.

So, what will you be doing all day?

Your role as part of the accounting team means your daily responsibilities may include:

  • Managing the calculation and disbursement of US payrolls, including benefits, taxes, 401(k) plan management, incentives/bonuses as well as any other related compensation adjustments, while ensuring compliance with federal, state, and local/county regulations
  • Maintaining the monthly process and transactional control reviews to ensure compliance with established departments, internal controls, and SOX.
  • Acting as the point of contact for the entire North America region for all payroll relatedquestions.
  • Managing and auditing W-2s and yearly administration of payroll in preparation of the following calendar year.
  • Maintain communication with payroll service providers regarding software updates and new products available to be able to initiate the use of new features.
  • Work closely with HR business partners and other departments to ensure that benefit and payroll changes are processed and completed promptly, including new hires/terminations.
  • Performing payroll controls and analytical analysis to increase data visibility and accuracy (such as $ and HC fluctuation analysis period over period, comparisons of payroll to company’s records per HR system cost by departments, growth analysis etc.)
  • Perform audits on data and system maintenance, including, but not limited to new hire set up, tax forms processing, local taxes, timekeeping input, direct deposit set up, benefits set up, terminations, etc.
  • Perform end of month reconciliation of payroll expenses and accruals to supporting schedules
  • Maintain and establish pay policies, payroll calendars, payroll checklists and process and other procedural documentation.
  • Record journal entries related to payroll expenses including month end accruals.
  • Work with Accounting to reconcile payroll expenses to bank withdrawals and to NetSuite.
  • Perform other duties and payroll-related projects as assigned.

This is the perfect job for someone who:

  • Minimum of 2-3 years of domestic payroll experience
  • B.S. Degree (Accounting or another business-related field preferred)
  • Knowledge of payroll reporting requirements as it relates to equity transactions, fringe benefits, tax filings, and best practices
  • Ability to work independently to prioritize and complete multiple tasks with strict deadlines
  • Familiarity with payroll federal and state laws
  • Excellent judgment with the ability to maintain a high degree of confidentiality
  • Prior experience with ADP TotalSource platform (PEO) including “Timekeeping solution” an advantage
  • Able to analyze data to determine whether results are as expected and question discrepancies
  • Able to prioritize in a fast-moving, high-pressure, dynamic environment, a high sense of urgency and attention to detail
  • High proficiency in Microsoft Office products is required, with advanced skills in Excel (pivot tables, VLOOKUPs, IF statements) a must!
  • Basic understanding of the accounting around payroll-related transactions and accruals

About the team:Our finance team is located in Israel HQ offices and the US, managing all accounting-related matters globally for all the company’s locations, including payroll, tax and regulatory compliance, reporting, and many more. As we are a “one-stop shop” for accounting and finance, we take pride in our professionalism in multiple disciplinary areas, our knowledge sharing between the members of the team and most importantly our warm (and fun) work relations. Every member who will join will feel right at home and find out how much we learn from each other, and we are looking forward to enriching our family!

Why you’ll love being a Similarwebber:You’ll actually love the product you work with: Our customers aren’t our only raving fans. When we asked our employees why they chose to come work at Similarweb, 99% of them said “the product.” Imagine how exciting your job is when you get to work with the most powerful digital intelligence platform in the world.

You’ll find a home for your big ideas: We encourage an open dialogue and empower employees to bring their ideas to the table. You’ll find the resources you need to take initiative and create meaningful change within the organization.

We offer competitive perks & benefits: We take your well-being seriously and offer competitive compensation packages to all employees. We also put a strong emphasis on community, with regular team outings and happy hours.

You can grow your career in any direction you choose: Interested in becoming a VP or want to transition into a different department? Whether it’s Career Week, personalized coaching, or our ongoing learning solutions, you’ll find all the tools and opportunities you need to develop your career right here.

Diversity isn’t just a buzzword: People want to work in a place where they can be themselves. We strive to create a workplace that is reflective of the communities we serve, where everyone is empowered to bring their full, authentic selves to work. We are committed to inclusivity across race, gender, ethnicity, culture, sexual orientation, age, religion, spirituality, identity, and experience. We believe our culture of equality and mutual respect also helps us better understand and serve our customers in a world that is becoming more global, more diverse, and more digital every day.

#LI-SS #LI-Hybrid

 

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