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Payroll Accountant

Monolithic Power Systems, Inc.
Kirkland, WA Full Time
POSTED ON 2/17/2025
AVAILABLE BEFORE 4/2/2025
Monolithic Power Systems, Inc. (MPS) is one of the fastest growing companies in the Semiconductor industry. We are worldwide technical leaders in Integrated Power Semiconductors and Systems Power delivery architectures. At MPS, we cultivate creativity, are passionate about sustainability, and are committed to providing leading-edge products and innovation to our customers. Our portfolio of technology helps power our world ---come join our team and see how YOU can make a difference.

Job Description

Job Summary:

The Payroll Accountant is a key member of the MPS Finance and Accounting Team and is responsible for general payroll support and processing for both US and Canada employees. In addition, this position will be responsible for Payroll Accounting including monthly journal vouchers and account reconciliations.

This is a full-time position being offered in our Kirkland, WA office.

Essential Functions

  • Manage the day-to-day payroll operations including bi-weekly payroll submission for the US and Canada
  • Ensure accurate tracking of employee hours and PTO
  • Ensure the timely funding of payroll, payroll taxes and other employee withholdings
  • Address employee inquires and investigate and correct payroll discrepancies promptly while maintaining the confidentiality of employee data
  • Partner with HR and Stock Administration on payroll related matters including new hires, terminations, commissions, benefits, etc.
  • Prepare all journal entries relating to payroll including expenses, liabilities and other payroll–related transactions while maintaining compliance with SOX, GAAP and other relevant regulations
  • Reconcile payroll accounts ensuring all transactions are recorded accurately and align the company policies and compliance standards between payroll system (ADP/Workday) and financial systems
  • Support both internal and external audits related to payroll and associated accounts
  • Collaborate with the Stock Admin to ensure accurate processing of vested stocks transactions for payroll
  • Supports accounts payable with invoice processing, payments, account coding, accruals, research, and analysis
  • Provide Ad hoc project support to the finance team as needed

Qualifications

  • BS/BA degree in accounting or related field
  • Minimum of 5 years of experience in payroll accounting, preferably within a public company setting
  • US GAAP accounting knowledge with 5 years of accounting experience
  • Knowledge of accounts payable processes and procedures
  • Excellent verbal and written communication skills.
  • Intermediate excel skills (e.g., pivot tables, VLOOKUP’s)
  • Must be able to multi-task and work independently with minimal supervision
  • Excellent analytical and organizational skills

MPS offers a comprehensive benefits package. We provide health care coverage, dental and vision, 401(K), Employee Stock Purchase Program (ESPP), up to 11 company paid holidays, and 15- 20 days of paid time off depending on your tenure, generous discretionary company bonuses, and life and disability protection. Employees in sales positions may be eligible for our sales incentive bonuses. Employees in certain positions may be eligible for stock compensation. For more information on MPS’ benefits please view our company website at www.monolithicpower.com.

Pay is based on market location and may vary based on factors including experience, skills, education and other job-related reasons. The base salary range for this position in Washington is $70,000 - $90,000.

Monolithic Power Systems, Inc. (MPS) is an Equal Opportunity Employer and embraces diversity in our employee population. It is the policy of MPS to provide equal opportunity to all qualified applicants and employees without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status or special disabled veteran, marital status, pregnancy, genetic information, or any other legally protected status.

Salary : $70,000 - $90,000

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