Payroll Operations and Equity Administration Senior Manager

POSITION SUMMARY:

We are seeking a detail-oriented and experienced Senior Manager to oversee our payroll operations and equity administration. The ideal candidate will have a strong understanding of multi-state payroll processing, equity administration, and general accounting. This role will be responsible for ensuring accurate and timely payroll processing, managing equity administration, recording payroll-related journal entries, performing monthly close activities and will also support the SOX and financial statement audits.

Salary Range $119,340 to $140,400

ESSENTIAL DUTIES AND RESPONSIBILITIES:

Payroll Operations (ADP):

• Manage the semi-monthly, multi-state payroll process for ~165 employees
• Ensure timely and accurate processing of payroll in compliance with applicable laws and regulations
• Create and generate payroll related reports in ADP to support journal entry workbook schedules
• Maintain and monitor earnings and deduction codes used for payroll processing and the related GL account mapping on the ADP GL Report
• Stay current with federal and state payroll regulations, tax laws, and best practices, making recommendations for process improvements as necessary

Stock Administration (Fidelity):

• Manage equity administration, including the tracking and reporting of stock options, grants, semi-annual ESPP purchases, and other equity-related transactions
• Prepare ASC718 assumptions used for the equity grant valuation
• Perform Black Scholes valuation for new equity grants and awards
• Prepare analysis to record quarterly stock-based compensation expense for time based and RSU by dept
• Prepare analysis to record stock-based compensation expense for performance options and ESPP
• Manage the filing of Forms 3921 & 3922

General Accounting (SAP by Design):

• Prepare and record journal entries, ensuring accuracy and compliance with GAAP
• Prepare monthly and quarterly payroll related accruals including but not limited to sales commission, bonus, time off, stock-based compensation expense, etc.
• Perform month-end and year-end close process activities including reconciliations for payroll/equity related accounts
• Ensure SOX compliance and assist in providing PBC’s for quarterly review and annual audit
• Prepare payroll expense analysis and monthly and quarterly flux explanation
• Assist the department in complying with Rigel’s record retention policies and procedures

KNOWLEDGE AND SKILL REQUIREMENTS:

• BS in Accounting with 7 years payroll processing experience; equivalent experience may be considered.
• Experience in ADP payroll system required.
• Experience at a publicly traded company required.
• Experience in stock option program administration preferred.
• Experience in general accounting financial close process.
• Proficiency in MS Office skills, primarily Excel.
• Strong communication, interpersonal and organizational skills required.
• Able to work effectively across multiple functions.
• Must be able to prioritize responsibilities, handle multiple tasks & work independently.
• Candidate must be able to demonstrate the ability to maintain the highest level of confidentiality.
• Must be detail-oriented and possess excellent technical, analytical, organizational and time-management skills.

WORKING CONDITIONS:

• PHYSICAL DEMANDS: While performing the duties of this job, the employee is required to stand, walk; sit; talk and hear. Specific vision abilities required by this job include close vision, distance vision, peripheral vision, depth perception and the ability to adjust focus.

• WORK ENVIRONMENT: The noise level in the work environment is usually moderate.

Rigel Pharmaceuticals, Inc. is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, genetic information, national origin, protected veteran status, disability status, or any other characteristic protected by the law.

Salary : $119,340 - $140,400