Payroll Analyst

About This Role

iRhythm is currently seeking a Payroll Analyst U.S based remote. Our work environment is fast paced, with a collaborative atmosphere. We are enthusiastic about delivering innovations that improve the quality of health care and the patient experience. We are looking for like-minded individuals to join our team today!

The Payroll Analyst will be responsible for ensuring timely and accurate processing of our domestic, multi-state, and monthly payrolls operations in the US and Globally. The Payroll Analyst position within the payroll support team will have knowledge of processing Company Stock Programs, Employee Stock Purchase Plan (ESPP) thru payroll. You will thrive in this position if you are passionate about Payroll and have solid Workday Payroll experience. In this role, you will report to the Payroll Manager and will be involved in all aspects of Payroll and will have the potential to grow and develop professionally.

Other essential responsibilities include, but are not limited to:

• Prepare bi-weekly, multi-state payroll for exempt and non-exempt employees and monthly international payrolls, for all compensation, including salaries, bonuses, and commissions.
• Prepare ACH and Payroll off-cycle payments as needed.

• Collaborate in a cross functional team environment with partner departments to improve workflows.
• Work with HR, Benefits and Operations team, to ensure new hires, state-to-state movements, terminations, status changes, LOA’s, tax changes, deductions, direct deposits, rate changes, retroactive adjustments and special pays are properly recorded in Workday and documented.
• Ensure all scheduled deductions are submitted in every pay payroll cycle including garnishments, flexible spending plans, retirement plans, and benefits contributions, as well as election changes for 401(k) participation in Workday.
• Provide exceptional customer service to employees and resolve their inquiries in a timely and professional manner.
• Maintain payroll compliance matters such as multi-jurisdiction tax withholding, garnishments, and key annual audits (e.g., 401(k) audit, worker’s compensation, external financial audit).
• Work with IT, HR and Benefits to ensure integrity of data and participate in system set up and testing as we make necessary payroll configuration updates in Workday.
• Assist with accounting entries for all payroll cycles as well as monthly accrual entries including wages, commissions, bonuses, and PTO.
• Process and reconcile earnings from equity grants are appropriately reflected, in W-2 treatment.
• Assist with quarter-end close activities, including preparation of any auditor-requested schedules and other support.
• Generate payroll related reports, such as biweekly expenses, payroll reconciliations, develop ad hoc reports as needed.
• Work with third-party payroll processor (ADP Smart Compliance) to produce all year-end reporting and returns (e.g., W2-W2C).
• Comply with all company policies and departmental procedures, always ensuring honest and ethical conduct.
• Ensure compliance with the Company’s internal controls and documentation requirements (SOX). Design and implement improvements to processes and controls, while maintaining appropriate segregation of duties between HR and Finance as well as within Finance to address business changes, increase efficiency and reduce costs.
• Other ad-hoc special projects

Education & Experience

• Bachelor’s Degree
• Certified Payroll Professional (CPP) designation and American Payroll Association (APA) membership a plus.
• 5+ years’ payroll and accounting experience in a multi-state payroll department with high volume operations.
• Experience working in a public company with quarterly auditor reviews, equity grants (options, RSUs and ESPP), and SOX preferred.

Skills & Qualifications

• Strong working knowledge of Workday and ADP Smart Compliance preferred.
• Intermediate to advanced knowledge of Excel. Must be proficient in other standard workplace applications, including Microsoft Word, PowerPoint, and Outlook.
• Problem Solving: Ability to manage multiple tasks, work independently, critical thinking, set priorities, problem-solve, and make decisions and follow-through.

What's In It For You

This is a regular full-time position with competitive compensation package, excellent benefits including medical, dental, and vision insurances (all of which start on your first day), health savings account employer contributions (when enrolled in high deductible medical plan), cafeteria plan pre-taxed benefits (FSA, dependent care FSA, commute reimbursement accounts), travel reimbursement for medical care, noncontributory basic life insurance & short/ long term disability. Additionally, we offer:

• emotional health support for you and your loved ones
• legal / financial / identity theft/ pet and child referral assistance
• paid parental leave, paid holidays, travel assistance for personal trips and PTO!

iRhythm also provides additional benefits including 401(k) (with company match), an Employee Stock Purchase Plan, pet insurance discount, unlimited amount of Linked In Learning classes and so much more! 

FLSA Status: Exempt

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