What are the responsibilities and job description for the Payroll and Accounts Payable Manager position at Farther?
Company Description
Farther is a rapidly growing RIA that combines expert advisors with cutting-edge technology - delivering a comprehensive, tailored wealth management experience.
Farther’s founders are leaders and innovators from the private wealth industry who possess a unique blend of traditional wealth management, fintech, and technology production expertise. We’re backed by top-tier venture capital firms, fintech investors, and industry leaders.
Joining Farther means joining a collaborative team of entrepreneurs who are passionate about helping their clients and our teammates achieve more. If you’re the type who breaks through walls to get things done the right way, we want to build the future of wealth management with you.
The Role
As a key member of our growing Finance team, the Accounts Payable and Payroll Manager will lead and oversee our accounts payable and payroll operations. With a focus on calculating and recording commission payments, and payroll compliance, this role ensures seamless payroll operations while driving process improvements and system optimizations. You'll combine strategic financial oversight with hands-on execution, focusing on streamlining vendor relationships, optimizing expense management, and ensuring precise compensation administration. You'll play a crucial role in scaling our financial operations while maintaining the highest standards of accuracy and compliance.
Your Impact
Farther is a rapidly growing RIA that combines expert advisors with cutting-edge technology - delivering a comprehensive, tailored wealth management experience.
Farther’s founders are leaders and innovators from the private wealth industry who possess a unique blend of traditional wealth management, fintech, and technology production expertise. We’re backed by top-tier venture capital firms, fintech investors, and industry leaders.
Joining Farther means joining a collaborative team of entrepreneurs who are passionate about helping their clients and our teammates achieve more. If you’re the type who breaks through walls to get things done the right way, we want to build the future of wealth management with you.
The Role
As a key member of our growing Finance team, the Accounts Payable and Payroll Manager will lead and oversee our accounts payable and payroll operations. With a focus on calculating and recording commission payments, and payroll compliance, this role ensures seamless payroll operations while driving process improvements and system optimizations. You'll combine strategic financial oversight with hands-on execution, focusing on streamlining vendor relationships, optimizing expense management, and ensuring precise compensation administration. You'll play a crucial role in scaling our financial operations while maintaining the highest standards of accuracy and compliance.
Your Impact
- Design and execute comprehensive payroll strategies, managing bi-weekly payroll processing and monthly commission distributions while ensuring 100% accuracy and compliance
- Manage the complete commission lifecycle for advisors, including calculations, validations, and distributions
- Drive payroll compliance across federal, state, and local regulations, including tax filings and reporting
- Lead process improvement initiatives for payroll systems and operations
- Foster cross-functional partnerships to resolve complex compensation challenges and implement forward-thinking solutions
- Partner with HR teams to validate commission structures and performance data, ensuring alignment with company goals
- Provide responsive support to employees regarding payroll inquiries, ensuring clear communication and timely resolution of issues
- Direct employee reimbursement programs and expense management
- Oversee month-end and year-end payroll reconciliations and reporting
- Develop and maintain payroll analytics and reporting for key stakeholders
- Bachelor's degree in Accounting, Finance, Business Administration, or related field
- 5 years of progressive experience in payroll management, with demonstrated expertise in complex commission structures
- Deep technical proficiency in modern payroll platforms (Rippling, Gusto) and advanced Excel modeling
- Comprehensive understanding of multi-state payroll regulations and tax compliance requirements
- Proven track record of successfully implementing and optimizing HRIS integrations
- Demonstrated ability to lead process transformation initiatives and drive system modernization
- Outstanding analytical capabilities with a data-driven approach to problem-solving
- Exceptional stakeholder management skills with ability to communicate complex financial concepts clearly
- Certified Payroll Professional (CPP) certification or relevant advanced certifications
- Experience scaling payroll operations in high-growth fintech environments
- Deep knowledge of RIA compensation models and regulatory requirements
- Track record of building commission systems for financial services organizations
- Experience with SOX compliance and internal controls
- Competitive comp package that rewards impact
- Work alongside some of the brightest minds in fintech
- Ground-floor opportunity at a fast-scaling startup
- Chart your own growth path as we expand
- Full health benefits 401(k) matching & Roth IRA options
- Unlimited PTO
