Payroll Manager

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Wakefield, MA
Hybrid
Fintech • Software
Personalized Investing at Scale®
The Role

Vestmark is actively seeking a Payroll Manager to lead and execute all payroll lifecycle activities, maintain accurate financial records and ensure compliance with federal, state, and local regulations. This is a hands-on role requiring expertise with ADP payroll systems and experience working cross-functionally with finance and HR teams. The ideal candidate brings a strong attention to detail, process ownership, and the ability to navigate a fast-paced environment.

Key Responsibilities

Payroll Operations & Compliance

  • Oversee and process semi-monthly and bi-weekly payroll for all employees using ADP, ensuring accuracy across salaries, benefits, deductions, and taxes.
  • Ensure full compliance with all federal, state, and local wage and hour laws.
  • Maintain and audit payroll records and reporting to ensure accuracy and integrity.
  • Manage year-end payroll tasks including W-2 preparation, filings, and reconciliations.
  • Serve as the primary liaison for payroll-related inquiries and issue resolution.

Financial & Cross-Functional Collaboration

  • Support internal and external audits; ensure documentation meets audit and compliance standards.
  • Partner closely with Finance and HR teams to align payroll with benefits, accounting, and reporting workflows.
  • Drive continuous improvement in payroll and accounting systems, workflows, and internal controls.

Qualifications

  • Bachelor’s degree in Accounting, Finance, Business, or a related field.
  • 6–8 years of experience in accounting and payroll, with at least 5+ years in a payroll-focused role.
  • Proficiency in ADP Workforce Now (or similar ADP platforms) required.
  • Experience with NetSuite or comparable ERP/accounting systems preferred.
  • Strong working knowledge of payroll regulations and accounting principles.
  • Exceptional attention to detail, organizational skills, and time management.
  • Strong communication skills with the ability to work cross-functionally and manage sensitive data with discretion.

Vestmark is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. Vestmark prohibits employment discrimination on the basis of race, color, religion, gender identity, sex, sexual orientation, pregnancy, national origin, age, disability status, protected military or veteran status, and genetic information. #LI-TG1 #LI-Hybrid


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The Company
HQ: Wakefield, MA
400 Employees
Year Founded: 2001

What We Do

Headquartered outside of Boston, Mass. and founded in 2001, Vestmark is a leading provider of portfolio management/trading solutions and outsourced services for financial institutions and their advisors, enabling them to efficiently manage and trade customized client portfolios through an innovative SaaS platform. Supporting over $1.5 trillion in assets and more than 5 million accounts, Vestmark is a partner to some of the largest and most respected wealth management firms.

Why Work With Us

Our employees are the reason we've been named a Best Places to Work for several years! Our thriving hybrid work culture promotes individual growth, team collaboration, and employee wellness. This environment keeps client satisfaction high and employee turn-over low.

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Vestmark, Inc. Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

We have a mix of fully remote, hybrid, and in-office employees. We established Tuesdays & Thursdays as collaboration days for hybrid employees.

Typical time on-site: 3 days a week
HQWakefield, MA
Cambridge, MA
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