Lead, Payroll & Equity

THE OPPORTUNITY

Amylyx is seeking a highly motivated professional with extensive payroll and equity administration experience. This individual will play a crucial role in managing and optimizing our payroll processes and equity programs, ensuring compliance with federal and state regulations, and providing exceptional service to our employees. The ideal candidate will have a strong background in payroll and equity administration, excellent analytical and problem-solving skills, and the ability to thrive in a fast-paced, dynamic environment.

THE RESPONSIBILITIES

Payroll:

• Manage the day-to-day processing of U.S. multi-state payroll and Canada payroll utilizing ADP Workforce Now, including garnishments, benefits and taxes to multi-site employees consistent with federal and state wage and hour laws.
• Partner with HR to ensure the processing of new hires, transfers, promotions and terminations is accurate and timely.
• Perform monthly payroll reconciliations, journal entries, bonus accruals and resolve any payroll discrepancies in a timely manner.
• Review and maintain the documentation of payroll reports, including semi-monthly, monthly, quarterly and year-end payroll reports (gross payroll, hours worked, accruals, tax deductions, benefit deductions, etc.).
• Manage and proactively address payroll-related inquiries from employees, HR and other functional teams; communicate with external stakeholders, such as federal and state tax authorities and Amylyx partners and vendors.
• Partner with ADP to ensure the accuracy of W-2 reporting.
• Serve as the point of contact for workers' compensation and 401k plan audits.

Equity Compensation:

• Manage the day-to-day administration of the company’s equity programs, including processing new stock awards, cancellations and exercises, and calculation of tax withholdings.
• Administer data in the equity trading platform (Shareworks) and transfer agent (Computershare), ensuring accuracy of participant information.
• Provide stock-related input to quarter-end and annual reporting for 10-Q, 10-K and Proxy filings.
• Reconcile monthly equity activity, including shares outstanding and share reserves among company records, transfer agent and broker records and maintain share pool balances.
• Respond to employee inquiries regarding equity programs; provide excellent service to plan participants at all levels.
• Collaborate with HR and Legal teams on equity related topics.
• Assist with the development and delivery of employee trainings and communications.
• Participate in the implementation of future equity programs.

REQUIRED QUALIFICATIONS

• Minimum 8 years of multi-state payroll experience.
• High growth public company experience is a must.
• 3-5 years of equity administration experience managing both stock options and RSU programs.
• Working knowledge of payroll tax at the federal, state and local levels including familiarity with taxation relating to equity compensation.
• In-depth understanding of payroll procedures, internal controls, audit trails and appropriate documentation, laws, and taxes.
• Strong attention to detail, decision-making, time management and organizational skills.
• Strong interpersonal, communication, analytical and problem-solving skills.
• High professional and ethical standards for handling confidential information.
• Excellent interpersonal skills required (team player / ability to work cross functionally).
• Ability to navigate and be successful in a fast-paced, dynamic work environment.
• Superior customer service skills.
• Proficient in Microsoft Office Suite of applications.

PREFERRED REQUIREMENTS

• Bachelor’s degree in Accounting, Finance or Business.
• CPP or CEP designation.

• Familiarity with International tax law relating to equity programs.
• Experience with Shareworks.
• Experience with NetSuite.

WORK LOCATION AND CONDITIONS

• This is a remote friendly role, but you must reside and work within the United States, and in a state where Amylyx currently does business, to be considered. Any change in your remote location must be approved by Amylyx
• You will be required to follow Amylyx’s Remote Work Policy which includes:  
  • traveling to our corporate location in Cambridge, MA several times a year and attending other company-related events as necessary and requested, which may include travel by air, driving, or public transportation.
  • working in a setting that meets all requirements of the role (including privacy, reliable internet access, phone, ability to communicate via video conference, etc.) at your remote location
  • Information security protocols and steps to maintain confidentiality of Amylyx information, technology, and materials.