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.
Top Skills
What We Do
Founded in 1998 by Mark Gorton, Tower Research Capital is a trading and technology company that has built some of the fastest, most sophisticated electronic trading platforms in the world.
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