What are the responsibilities and job description for the Payroll Specialist position at Jump Trading?
Jump Trading Group is committed to world class research. We empower exceptional talents in Mathematics, Physics, and Computer Science to seek scientific boundaries, push through them, and apply cutting edge research to global financial markets. Our culture is unique. Constant innovation requires fearlessness, creativity, intellectual honesty, and a relentless competitive streak. We believe in winning together and unlocking unique individual talent by incenting collaboration and mutual respect. At Jump, research outcomes drive more than superior risk adjusted returns. We design, develop, and deploy technologies that change our world, fund start-ups across industries, and partner with leading global research organizations and universities to solve problems.
We are seeking an experienced Payroll Specialist to join our Chicago-based HR team. This role is responsible for managing payroll across multiple U.S. states and providing backup support for international payroll in the EU and APAC regions. You will play a critical role in ensuring accurate payroll processing, compliance with tax regulations, and effective collaboration with the Finance team for general ledger and month-end close processes.
This role is based out of the Chicago office with an expectation to work in the office a portion of each week.
What You'll Do
- Payroll Administration : Prepare and update employee data for multi-entity payroll, including wage changes, work authorization, FLSA status, and adherence to internal pay policies.
- Payroll Processing & Audits : Execute and audit semi-monthly payroll, ensuring timely and accurate wage payments, bonus processing, and handling of retroactive adjustments.
- Off-Cycle Payments : Complete off-cycle payroll payments and report off-payroll benefits through on-demand payments and manual entries as needed.
- Time Tracking Compliance : Oversee time tracking for nonexempt employees, including preparing documentation and training staff on compliance.
- Data Review & Adjustments : Review, audit, and reconcile payroll registers; submit funding requests and make necessary corrections to ensure payroll accuracy.
- Accounting Support : Prepare post-payroll journal entries and provide monthly reports to the Accounting team for seamless financial reconciliation.
- System Maintenance : Troubleshoot and maintain Workday system integrations, working with the HR Workday team on upgrades and testing.
- Compliance & Reporting : Ensure compliance with federal, state, and local payroll regulations; assist with tax reconciliations, audits, and year-end payroll activities.
- Process Improvement : Collaborate with the global HR team to recommend changes to payroll policies and streamline processes.
- Other Duties as Assigned or Needed
Skills You'll Need
Benefits
Annual Base Salary Range
90,000-$110,000 USD
Salary : $90,000 - $110,000
