Payroll Analyst

 

Thrasio is a next-generation consumer goods company reimagining how the world's most-loved products become accessible to everyone. We acquire quality brands and use world-class expertise and data science to make existing products better or create new ones to meet customer needs.  

We've got huge goals, and every Thrasher plays an integral part in getting us there. That's why we only bring on people who think positively. Who look out for the team. Who tell their egos to take a hike while they get the job done right. 

 

From the moment you become a Thrasher, we give you the freedom you need to take big swings and push what's possible to get us there. And if you fail, it's cool-we know you'll grow spectacularly. What matters is that you're helping impact millions of people around the world who use our products everyday. 

 

Because with every new spatula or pillow brand we grow, with every kitchen scale we develop, our goal is to provide people everywhere with what they need to make the most of every moment - ensuring that what gets delivered to their door delivers.

Under the direction of the Payroll Director, the Payroll Analyst is responsible for the administration of the day-to-day payroll operations and accuracy of the payroll system to deliver of the company's semi-monthly and bi-weekly payrolls.  

Responsibilities Include:

• Facilitate the accurate and timely processing of bi-monthly payroll in Workday for 1000+ US employees
• Audit payrolls bi-weekly and semimonthly cycles before payrolls are released for processing
• Partner with payroll analysts on the payroll team in processing domestic and int
• Partner with Internal and External Business Partners to test new functional system enhancements, system updates and integrations
• Strong Experience with multi-state payroll; processing payroll tax amendments and W-2 reconciliations and state and local tax registrations
• Lead year-end to ensure a smooth year-end to provide accurate W2's
• Collaborate with multiple business teams within the organization like HR, Equity and Business Systems
• Identify and participate in process improvement projects, including various implementation and upgrades
• Monitor email inquiries from the us-payroll@ inbox and/or Thrasio ticketing  system and respond to employees as necessary
• Participate in payroll projects and opportunities as assigned
• Process garnishments, unemployment wage claims and other tax tracers as needed
• Work closely with the other Payroll Analysts to provide excellent customer service and be back up for payroll process as necessary
• Work closely with internal staff and vendors to ensure HR, Benefit and Payroll changes are processed, accurate funding occurs for all accounts, tax remittance, general ledger balancing, month-end close and Management Reporting is completed in a timely manner
• Assist Payroll Director with annual audits such as 401k and Worker's Comp
• Work with the Team to provide guidance in payroll processes and provide feedback to improve payroll processes
• Complete accounting journal entries for month-end close
• Document all payroll processes and maintain documentation for business continuity
• Prepare monthly payroll-related account reconciliations
• Drive continuous improvement and efficiencies through best-in-class enhancements to processes and controls for payroll related activities

Minimum Qualifications:

• 8+ years of payroll experience and knowledgeable of wage and hourly laws
• Proficient in MS Excel including advanced formulas functions (Vlookups, Pivot tables, IF statements)
• Experience with Accounting processes and month-end close including Journal entries and reconciliations as it relates to payroll
• Working knowledge with One Source Virtual
• Knowledge of SOX controls
• Excellent verbal and written communications skills
• Comprehensive understanding of payroll administration processes and familiarity with enabling HRIS technology; specific Workday experience required
• Solid understanding of basic accounting principles and internal controls
• Ability to handle confidential information in a professional manner and with discretion 
• Experience with federal, state, local statutory and worker's compensation payroll audits
• Knowledge and general understanding of domestic and international payroll requirements, processes, and models
• Possess agility and ability to thrive in an ambiguous, unstructured, and fast-growing/changing environment executing day-to-day tasks as well as leading multiple projects simultaneously
• Customer service-oriented mentality
• Proactive approach to developing solutions and creative problem-solving, and operating with a sense of urgency
• Concise and effective communication skills, both written and verbal
• Hands-on approach and willingness to be involved at a detailed level but also operate and think strategically 
• High degree of initiative, judgement, and discretion
• Strong computer skills, including proficiency in Excel (pivot tables and lookups)

Nice to have, but not required:

• Professional (CPP) designation preferred

We believe that all employees should be paid fairly and equitably.  As of the time of this posting, the expected base annual salary range for this position is $77,000 to $90,000 (For non-exempt roles, this reflects the expected base annual "salary" as calculated by the base hourly wage multiplied by the expected number of hours worked over a one-year period, excluding any overtime and premiums.)   The actual base annual salary will be based on a wide range of factors, including your skills, qualifications, and experience, as well as business needs and limitations.  As a result, compensation may vary within and across similar roles and positions. Please note that the base annual salary range information set forth above is a good faith estimate for this position and actual compensation for any individual may fall outside this range if warranted by the circumstances applicable to that individual. If we identify a role that would be suitable for a broader range of skills and experience such that we would consider hiring at multiple levels, then the range listed above may reflect that breadth.  If offered a position, the actual base annual salary will be contained in your offer letter.

In addition to the base annual salary listed above, this position is eligible for short-term and long-term incentive compensation, as well as benefits, which are subject to the applicable plans, policies and definitive documentation regarding such compensation and benefits.

Research shows that while men apply to jobs when they meet an average of 60% of the criteria, women and other marginalized folks tend only to apply if they meet 100% of the qualifications. At Thrasio, we need people who think rigorously and aren't afraid to challenge assumptions, so we're looking for diverse perspectives, as long as you meet the minimum criteria. 

You're encouraged to apply even if your experience doesn't precisely match the job description. Join us!

Thrasio does not accept agency resumes. Please do not forward resumes to our jobs alias, Thrasio employees or any other organization location. Thrasio is not responsible for any fees related to unsolicited resumes.