Onto Innovation is a leader in process control, combining global scale with an expanded portfolio of leading-edge technologies that include: 3D metrology spanning the chip from nanometer-scale transistors to micron-level die-interconnects; macro defect inspection of wafers and packages; metal interconnect composition; factory analytics; and lithography for advanced semiconductor packaging. Our breadth of offerings across the entire semiconductor value chain helps our customers solve their most difficult yield, device performance, quality, and reliability issues. Onto Innovation strives to optimize customers’ critical path of progress by making them smarter, faster and more efficient.
Job Summary & Responsibilities
Role Overview
The Payroll Analyst 2 will manage and execute end‑to‑end payroll processes, ensuring accuracy, compliance, and timely payment for employees. This role requires strong technical payroll knowledge, attention to detail, and partnership with HR, Accounting, and Tax.
Key Responsibilities
Payroll Processing & Compliance
- Process bi‑weekly/semimonthly payroll, including salaries, bonuses, and equity‑related payments.
- Ensure compliance with federal, state, and local payroll regulations.
- Review payroll reports, deductions, and tax withholdings for accuracy.
Reconciliations & Accounting Support
- Prepare payroll journal entries and balance sheet reconciliations.
- Support accruals for payroll, bonuses, and benefits.
- Coordinate payroll‑related audit and SOX support.
Equity & Benefits Coordination
- Partner with HR and Stock Administration on equity compensation payroll impacts.
- Support payroll aspects of benefits, garnishments, and leaves.
Process Improvement
- Identify opportunities to automate or streamline payroll processes.
- Assist with system upgrades, implementations, or vendor changes.
Cross‑Functional Collaboration
- Serve as a point of contact for HR, Finance, and employees on payroll matters.
- Support year‑end activities including W‑2s and audits.
Qualifications
Required
- 4–6+ years of payroll processing experience in a complex organization.
- Strong knowledge of payroll tax and wage/hour regulations.
- Bachelor’s degree in Accounting, Finance, or related field.
- High level of accuracy, discretion, and attention to detail.
Preferred
- CPP (Certified Payroll Professional).
- Experience with equity compensation payroll.
- Experience in a SOX‑compliant environment.
- Payroll system experience (ADP).
Why Join Onto Innovation?
At Onto Innovation, we believe your work should matter—and so should your well-being. That’s why we offer competitive salaries and a comprehensive benefits package designed to support you and your family. From health, dental, and vision coverage to life and disability insurance, PTO, and a 401(k) with employer match, we’ve got you covered. You’ll also enjoy access to our Employee Stock Purchase Program (ESPP), wellness initiatives, and cutting-edge tools—all within a collaborative, inclusive culture where your contributions are valued and recognized.
Compensation & Growth
• Base Salary Range:
$77,840.00 - $116,760.00, offered in good faith and based on experience, location, and qualifications.Additional Rewards: Annual bonus opportunities and potential long-term incentives tied to both company and individual success.
Empowering Every Voice to Shape the Future:
Onto Innovation is committed to creating a workplace where every qualified candidate has an equal opportunity to succeed. We evaluate applicants based on skills, experience, and potential - without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, veteran status, or any other characteristic protected by law. We believe diversity of thought and background drives innovation and strengthens our team.
Important Note on Export Compliance
For certain positions requiring access to technical data, U.S. export licensing review may be necessary for applicants who are not U.S. Citizens, Permanent Residents, or other protected persons under 8 U.S.C. 1324b(a)(3).
Skills Required
- 4-6+ years of payroll processing experience in a complex organization
- Strong knowledge of payroll tax and wage/hour regulations
- Bachelor's degree in Accounting, Finance, or related field
- High level of accuracy, discretion, and attention to detail
- CPP (Certified Payroll Professional)
- Experience with equity compensation payroll
- Experience in a SOX-compliant environment
- Payroll system experience (ADP)
Onto Innovation Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Onto Innovation and has not been reviewed or approved by Onto Innovation.
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Equity Value & Accessibility — An employee stock purchase plan and broad equity eligibility provide accessible ownership opportunities as part of total compensation. Company materials reference active equity programs, signaling tangible value beyond base pay.
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Healthcare Strength — Medical, dental, and vision coverage with HSA/FSA options form a comprehensive health package that is often characterized as good. Wellness resources and employer-verified plan details reinforce perceived healthcare depth.
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Retirement Support — A 401(k) with company match supports long-term financial security. Company materials and benefits pages highlight these retirement features as core elements of the package.
Onto Innovation Insights
What We Do
Onto Innovation is a leader in process control, combining global scale with an expanded portfolio of leading-edge technologies that include: Un-patterned wafer quality; 3D metrology spanning chip features from nanometer scale transistors to large die interconnects; macro defect inspection of wafers and packages; metal interconnect composition; factory analytics; and lithography for advanced semiconductor packaging. Our breadth of offerings across the entire semiconductor value chain helps our customers solve their most difficult yield, device performance, quality, and reliability issues. Onto Innovation strives to optimize customers’ critical path of progress by making them smarter, faster and more efficient. Headquartered in Wilmington, Massachusetts, Onto Innovation supports customers with a worldwide sales and service organization. We are traded on the New York Stock Exchange under the symbol ONTO.
