Payroll Manager

Posted Yesterday
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Cambridge, MA, USA
In-Office
125K-155K Annually
Senior level
Healthtech • Information Technology • Biotech • Pharmaceutical
The Role
Manage end-to-end multi-state payroll processing, including payroll approvals, taxes, deductions, garnishments, reconciliations, accruals, reporting, audits, and year-end activities. Ensure compliance with payroll laws and company policies, maintain controls and records, administer payroll systems, resolve complex employee inquiries, and partner with HR, business leaders, and external vendors.
Summary Generated by Built In

Scholar Rock is delivering muscle-targeted breakthroughs to transform the treatment of spinal muscular atrophy (SMA) and other rare neuromuscular diseases where muscle atrophy remains a critical unmet need.

As a global leader in myostatin biology, a field focused on proteins that regulate muscle mass, the biopharmaceutical company is named for the visual resemblance of a scholar rock to protein structures. Our commitment to unlock fundamentally different treatment approaches is powered by broad application of a proprietary platform, which has developed novel monoclonal antibodies to modulate protein growth factors with extraordinary selectivity. Scholar Rock works every day to create new possibilities for patients through its highly innovative anti-myostatin program, including opportunities in additional rare neuromuscular diseases. Learn more about our neuromuscular franchise at ScholarRock.com and follow @ScholarRock on X and on LinkedIn.

 
Summary of Position:

Reporting to the Director of Payroll, the Payroll Manager plays a key part in Scholar Rock’s payroll function and ensuring employees are paid accurately, on time, and in compliance with applicable federal, state, local, and internal policy requirements. This role will have responsibility for payroll processing, tax and regulatory compliance, payroll records, audits, reconciliations, and payroll system administration. The Payroll Manager partners closely with Human Resources as well as other departments and external vendors to support a reliable and efficient payroll operation. The successful candidate will have a proven track record in processing multi-state payroll in a public company environment. This position will require a hands-on approach, strong organization, clear communication, attention to detail and a great sense of teamwork. This position represents a great opportunity to help build a critical function at a growing and evolving biotechnology company.

Position Responsibilities

  • Manage end-to-end payroll processing for all employees, ensuring accurate and timely payroll execution across applicable pay cycles.
  • Review and approve payroll data, including earnings, deductions, garnishments, taxes, benefits, overtime, bonuses, commissions, and off-cycle payments.
  • Ensure compliance with federal, state, and local payroll laws, wage and hour requirements, tax regulations, and company policies.
  • Maintain accurate payroll records, documentation, controls, and audit trails in accordance with internal and external requirements.
  • Prepare, review, and reconcile payroll reports, general ledger entries, payroll accruals, tax filings, and year-end activities.
  • Partner with other business leaders to resolve payroll issues and support compensation, benefits, and employee data changes.
  • Serve as an escalation point for employee payroll inquiries and resolve complex payroll discrepancies with professionalism and confidentiality.
  • Monitor changes in payroll regulations and best practices, recommending policy and process updates to maintain compliance.
  • Assist in ad-hoc projects as needed

Candidate Requirements

  • Bachelor’s degree in Accounting, Finance, Business Administration, Human Resources, or a related field; equivalent experience may be considered.
  • Five or more years of multi-state payroll experience desired.
  • Strong working knowledge of payroll regulations, payroll tax requirements, wage and hour rules, garnishments, deductions, and payroll reporting.
  • Experience with payroll or HCM systems such as Paylocity, ADP, Workday, or Ceridian/Dayforce, or similar platforms.
  • Proficiency with Microsoft Excel and payroll reporting tools.
  • High attention to detail, strong analytical skills, and ability to manage confidential information with discretion.
  • Excellent communication, problem-solving, organization, and stakeholder management skills.
  • Familiarity with internal controls requirements in a public company
  • Ability to thrive in a dynamic environment

Scholar Rock is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. 

Skills Required

  • Bachelor's degree in Accounting, Finance, Business Administration, Human Resources, or a related field; equivalent experience may be considered.
  • Five or more years of multi-state payroll experience.
  • Strong knowledge of payroll regulations, payroll tax requirements, wage and hour rules, garnishments, deductions, and payroll reporting.
  • Experience with payroll or HCM systems such as Paylocity, ADP, Workday, Ceridian/Dayforce, or similar platforms.
  • Proficiency with Microsoft Excel and payroll reporting tools.
  • High attention to detail, strong analytical skills, and ability to manage confidential information with discretion.
  • Excellent communication, problem-solving, organization, and stakeholder management skills.
  • Familiarity with internal controls requirements in a public company.
  • Ability to thrive in a dynamic environment.
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The Company
HQ: Cambridge, Massachusetts
187 Employees
Year Founded: 2012

What We Do

Scholar Rock is a biopharmaceutical company that discovers, develops, and delivers life-changing therapies for people with serious diseases that have high unmet need. As a global leader in the biology of the transforming growth factor beta (TGFβ) superfamily of cell proteins and named for the visual resemblance of a scholar rock to protein structures, the clinical-stage company is focused on advancing innovative treatments where protein growth factors are fundamental. Over the past decade, the company has created a pipeline with the potential to advance the standard of care for neuromuscular disease, cardiometabolic disorders, cancer, and other conditions where growth factor-targeted drugs can play a transformational role. Scholar Rock is the only company to show clinical proof of concept for a muscle-targeted treatment in spinal muscular atrophy (SMA). This commitment to unlocking fundamentally different therapeutic approaches is powered by broad application of a proprietary platform, which has developed novel monoclonal antibodies to modulate protein growth factors with extraordinary selectivity. By harnessing cutting-edge science in disease spaces that are historically under-addressed through traditional therapies, Scholar Rock works every day to create new possibilities for patients. Learn more about the company’s approach at ScholarRock.com and follow @ScholarRock and on LinkedIn. For additional information on our guidelines, please visit https://scholarrock.com/community-guidelines/ For more information on how Scholar Rock collects, uses, and shares personal information, please visit: https://scholarrock.com/privacy-policy

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