Payroll Manager

Employment Type

: Full-Time


: Miscellaneous

About the Company Talis aims to transform diagnostic testing by developing and commercializing innovative products that are designed to enable accurate, reliable, low cost and rapid molecular testing for infectious diseases and other conditions at the point-of-care. While timely diagnosis of infectious diseases is critically important to enable effective treatment, testing is primarily performed in centralized laboratories, which require samples to be shipped for processing, delaying the return of results by days. Point-of-care testing solves this problem by delivering the timely information necessary for clinical care. We are developing the Talis One platform, a sample-to-answer, cloud-enabled molecular diagnostic platform that, once authorized, could be rapidly deployed to distributed diagnostic settings in the United States and around the world to diagnose infectious disease at the point-of-care. The Talis One platform comprises a compact instrument, single-use test cartridges and software, including a central cloud database, which work together and are designed to provide central laboratory levels of accuracy and be operated by an untrained user. Talis has raised more than $500 million in the past twelve months, including a $254 million IPO. We are actively preparing for our initial product launch that tests for COVID-19 and a rapid commercial and operations scale-up. The Role The Payroll & Equity Compensation Manager will be responsible for the full payroll function, including equity-based compensation, as well as helping develop and strengthen internal controls and processes related to payroll. This role will be responsible for managing the Company's equity compensation process, including option grants and potentially RSU's and an ESPP. Ideal candidates will have a background working on both payroll and equity management in industry and the ability and desire to work in a fast paced and dynamic environment. This position will be an individual contributor to start but should be comfortable helping build the department and hire direct reports. The successful candidate will report to directly to the Controller and will play an instrumental role in the financial growth of the Company. Essential Duties/Responsibilities/Requirements * Full-cycle processing of multi-state US payroll on a semi-monthly basis using Paychex. * Manage the timecard submission and approval process, including follow up with managers on any timecard questions or issues. * Ensure accurate and timely processing of payroll updates including new hires, terminations and changes. * Prepare accounting journal entries related to payroll and equity management activities. * Prepare monthly reconciliations of payroll and equity related compensation accounts. * Maintain the Payroll inbox and serve as the main contact for all payroll and equity compensation related matters, providing timely responses to all requests both internal and external. * Maintain payroll policies and procedures and ensure compliance with internal controls. * Ensure compliance with federal, state, and local legal payroll requirements. * Assist with financial statement audit for payroll related requests. * Work with state tax departments to set up new accounts as necessary when hiring employees in new states. * Assist with financial statement audit for payroll related requests. * Maintain Certent equity database and ensure accuracy at all times. * Manage the administration of equity compensation process, including options, RSUs, and ESPP. * Process new awards, exercises, cancelations, terminations and other related actions. * Ensure latest payroll taxes are updated in Certent and proper taxation is applied to all equity exercises. * Partner effectively with both internal and external business partners to address and resolve payroll and equity issues. * Assist with year-end benefits audit and reporting. * Manage key annual payroll related audits (e.g., 401k, workers compensation). * Establish processes and procedures in a fast-growing company. * Develop additional processes and controls around payroll and equity administration as appropriate. * Identify opportunities for process improvements and automation and drive the implementation of solutions. * Ad hoc projects. Education, Knowledge & Experience * Bachelor's degree or equivalent in Accounting. * 7-10 years of relevant work experience. * Highly proficient with Excel and overall M/S Office proficiency. * Elite attention to detail and accuracy. * Professional, responsive and customer-focused working relationships with all levels of staff. * Ability to clearly communicate verbally and in writing. * Positive team attitude with a willingness to work on both smaller and large tasks to help get the job done. * Candidate with experience in a fast-growing company is preferred. * Experience with Paychex and NetSuite is preferred. Talis offers a comprehensive health and well-being benefits programs, long-term equity incentives, time-off policies, a 401(k) retirement savings plan with an immediate Company match, Education Assistance Program, a rotating suite of snacks, Monday breakfasts, Happy Hours, other fun company events and more! Best of all, join us by working at a growing company like Talis with dedicated and collaborative employees committed to making a difference in Health Care. Talis is proud to be an equal opportunity workplace. All aspects of employment decisions will be based on merit, competence, performance, and business needs. We do not discriminate on the basis of any status protected under federal, state, or local law. We celebrate diversity and are committed to creating an inclusive environment for our colleagues.

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