Payroll Specialist

Posted 22 Hours Ago
Be an Early Applicant
Cambridge, MA
1-3 Years Experience
Biotech
The Role
Flagship Pioneering is looking for a Payroll Specialist to join their dynamic team. The role involves processing a semi-monthly payroll for 500+ employees, maintaining the payroll system, and ensuring compliance with company and regulatory requirements.
Summary Generated by Built In

Payroll Specialist

At Flagship Pioneering

Cambridge, MA USA

Flagship Pioneering is a bioplatform innovation company that invents and builds platform companies that change the world. We bring together the greatest scientific minds with entrepreneurial company builders and assemble the capital to allow them to take courageous leaps. Those big leaps in human health and sustainability exponentially accelerate scientific progress in areas ranging from cancer detection and treatment to nature-positive agriculture.  

 What sets Flagship apart is our ability to advance biotechnology by uniting life science innovation, company creation, and capital investment under one roof in a way that is largely without precedent. Our scientific founders, entrepreneurial leaders, and professional capital managers are each aligned around an institutionalized process that enables us to innovate and transform for the benefit of people and planet. 

Many of the companies Flagship has founded have addressed humanity’s most urgent challenges: vaccinating billions of people against COVID-19, curing intractable diseases, improving human health, preempting illness, and feeding the world by improving the resiliency and sustainability of agriculture.  

Flagship has been recognized twice on FORTUNE’s “Change the World” list, an annual ranking of companies that have made a positive social and environmental impact through activities that are part of their core business strategies and has been twice named to Fast Company’s annual list of the World’s Most Innovative Companies. 

Why Flagship?
At Flagship Pioneering, YOU get: inspiring leadership, great company culture, competitive compensation packages, best in class benefits, generous PTO, beautiful office space stocked with unlimited snacks and free lunch delivered daily, and impactful work with endless career growth.

Position Summary:

Flagship Pioneering is looking for a Payroll Specialist to join our dynamic team.  In this role, you will be responsible for processing a semi-monthly payroll for 500+ employees including exempt and non-exempt employees. Collect and review intern/Co-Op timesheets, maintain the company’s payroll system, audit the system for completeness regularly.  Answer employee inquiries about pay checks and ensure strict compliance with company and regulatory payroll requirements. 

Specific Responsibilities:

  • Process semi-monthly payroll for multiple companies
  • Ensure ADP system is up to date with employee changes 
  • Process new hire information to ensure electronic on-boarding is complete and I-9 is done timely
  • Collect timesheets for interns/co-ops managing the approval process
  • Process terminations and ensure final payments are completed in line with State requirements
  • Provide backup to Flagship Labs payroll team as needed
  • Reconcile differences in payroll liability each pay period
  • Create GL file each pay period and perform any updates needed though out the year
  • Provide ad-hoc payroll reporting as requested by stake holders
  • Maintain electronic employee files 
  • Audit payroll system quarterly to ensure it is in line with the HRIS and Benefits systems
  • Prepare benefit invoices monthly for Labs and FSP

Qualifications:

  • Degree in accounting, business, or a related field is preferred
  • Minimum of 2 years’ experience processing payroll for multiple companies
  • Knowledge of ADP WFN preferred
  • Strong organizational and time management skills
  • Experience processing multiple payrolls at same time
  • Detail oriented and strong communication skills

Flagship Pioneering and our ecosystem companies are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status.

At Flagship, we recognize there is no perfect candidate. If you have some of the experience listed above but not all, please apply anyway. Experience comes in many forms, skills are transferable, and passion goes a long way. We are dedicated to building diverse and inclusive teams and look forward to learning more about your unique background.

Recruitment & Staffing Agencies: Flagship Pioneering and its affiliated Flagship Lab companies (collectively, “FSP”) do not accept unsolicited resumes from any source other than candidates. The submission of unsolicited resumes by recruitment or staffing agencies to FSP or its employees is strictly prohibited unless contacted directly by Flagship Pioneering’s internal Talent Acquisition team. Any resume submitted by an agency in the absence of a signed agreement will automatically become the property of FSP, and FSP will not owe any referral or other fees with respect thereto.

#LI-NM1




Top Skills

Adp
The Company
HQ: Cambridge, MA
475 Employees
On-site Workplace
Year Founded: 2000

What We Do

Flagship Pioneering conceives, creates, resources, and develops first-in-category life sciences companies to transform human health and sustainability.

Since its launch in 2000, the firm has applied a unique, hypothesis-driven innovation process to originate and foster more than 100 scientific ventures, resulting in over $30 billion in aggregate value. To date, Flagship is backed by >$3 billion of aggregate capital commitments, of which over $1.5 billion has been deployed toward the founding and growth of its pioneering companies alongside >$10 billion of follow-on investments from other institutions.

The current Flagship ecosystem includes Denali Therapeutics (NASDAQ: DNLI), Evelo Biosciences (NASDAQ: EVLO), Moderna Therapeutics (NASDAQ: MRNA), Rubius Therapeutics (NASDAQ: RUBY), Seres Therapeutics (NASDAQ: MCRB), and Syros Pharmaceuticals (NASDAQ: SYRS).

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