Associate, Payroll

Tower Research Capital, a high-frequency proprietary trading firm founded in 1998, seeks a Payroll Associate to join our Human Resources team.

The Payroll Associate will provide high quality support to Tower by executing an accurate semi-monthly payroll while maintaining the integrity of HR’s information systems, and supporting Tower employees with payroll and benefits service.

Responsibilities

• Performing end-to-end activities of semi-monthly (multi-state) North American payrolls ensuring  timely and accurately processing, including scheduling, timelines, collection of information, analysis, input, reconciliation, funding, and follow-up
• Producing payroll and compensation reports as scheduled for various departments and assisting with participation in special surveys
• Managing the general ledger reporting process and preparing, auditing, and delivering files to Accounting
• Manage year end process of ensuring all necessary adjustments for accurate W2 processing are completed and validated
• Owning the Payroll and Benefits email inbox, and being the first point of contact to assist employees with daily questions
• Coordinating with HR for onboarding, offboarding, and ensuring processing of transactions maintaining the relevant systems for electronic personnel and compensation data
• Supporting the regional Payroll and Benefits team by auditing the completed payroll and participating in quarterly cross-processing as part of the disaster recovery plan
• Strong knowledge of garnishments and payroll taxes
• Ability to maintain payroll records accurately and confidentially
• Ability to work well in a team and collaborate with HR department
• Knowledge of HR policies and procedures is a plus
• Ensure compliance with Federal, State and Local labor laws and regulations

Qualifications

• At least 3 years of Payroll experience 
• The ability to maintain confidentiality of sensitive matters and respond effectively to such situations
• Strong communication skills
• Strong PC skills (MS Office) and knowledge of any well-known payroll and benefits systems, Workday is a must
• The ability to learn and understand new software and applications quickly
• The ability to execute processes and scheduled tasks with little supervision

Anticipated annual base salary range is $85,000-105,000, plus eligible for discretionary bonus.

Benefits

Tower’s dual offices and garden roof decks are located in TriBeCa and SoHo, neighborhoods in downtown Manhattan. While we work hard, Tower’s cubicle-free workplace, jeans-clad workforce, and well-stocked kitchens reflect the premium the firm places on quality of life. Benefits include:

• 401(k) with company matching
• 5 weeks of paid vacation per year plus 11 paid holidays
• Free breakfast, lunch, and snacks on a daily basis
• Reimbursement for health and wellness expenses
• Free events and workshops
• Donation matching program

Tower Research Capital is an equal opportunity employer.