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Payroll Administrator

Los Angeles HQ
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Finance & Acctg · Full-time

Description

The Company:

Sunbit builds financial technology for real life. Our technology eases the stress of paying for life’s expenses by giving people more options on how and when they pay. Founded in 2016, Sunbit offers a next-generation, no-fee credit card that can be managed through a powerful mobile app, as well as a point-of-sale payment option available at more than 16,000 service locations, including 1 in 3 auto dealerships, optical practices, dentist offices, veterinary clinics, and specialty healthcare services. By introducing a flexible way to pay over time, we are proud of our ability to lift up service providers and retailers while helping consumers when necessary expenses arise... regardless of whether they were expected or unexpected.  Sunbit was included on the 2022 Inc. 5000 list. The financial technology company has also been named as a Most Loved Workplace®, Best Point of Sale Company, and as a Top Fintech Startup by CB Insights. We use cutting-edge innovations in financial technology to bring leading data and features that allow individuals to be qualified instantly, making purchases at the point-of-sale fast, fair and easy for consumers from all walks of life. We create value focused on our core values; we work tirelessly to ensure that Sunbit becomes available to everyone, everywhere.

Sunbit is proud to be recognized on the CB Insights List of Unicorn Companies, with a valuation of $1.1B. (https://www.cbinsights.com/research-unicorn-companies)


The Role:

The team at Sunbit is looking for a self-motivated and ambitious Payroll Administrator to join our Accounting team. Your primary duties will be to work with our third-party payroll service and our Human Resources team to process payroll and benefits accurately and timely. Other responsibilities for this role include general accounting duties. This is a great opportunity for someone who is eager to grow in the Payroll and Accounting function and build something special. This role will ideally be based in the greater Los Angeles area, and will be able to work from the HQ office in a Hybrid capacity (2-3 days/week).

Requirements

What You’ll Be Doing:

  • Administer payroll processing in collaboration with a payroll specialist from a third-party payroll service: bi-weekly payrolls, off-cycle payrolls for new hires and terminations, and quarterly incentive payments
  • Track and send adjustments to the third-party payroll service
  • Maintain accurate payroll records, audit payroll information for accuracy
  • Final review of bi-weekly time and attendance records for completeness, accuracy, and compliance with established policies prior to payroll processing
  • Review processing of employee status changes to ensure they are accurately reflected in the payroll system
  • Enter and maintain employee garnishments in a timely and accurate manner
  • Assist with open enrollment and verify changes to payroll deductions for benefits are accurate
  • Set up and maintain tax accounts for states and localities
  • Manage tax inquiries and follow up with the payroll service provider
  • Troubleshoot any issues employees and supervisors may encounter
  • Coordinate frequently with human resources and other relevant departments to ensure adequate communication and adherence to payroll practices
  • Facilitate the monthly close process by generating payroll interface journal entries
  • Reconcile payroll tax deposits, tax withholdings, garnishments, and other payroll deductions
  • Facilitate payroll-related audits by providing records and documentation to auditors
  • Stay abreast of federal and state payroll laws and changes
  • Assist with other general accounting duties
  • Perform other related duties or ad hoc projects within the scope of responsibilities

What You Bring to the Table:

  • Associate’s degree in business, bachelor’s degree a plus
  • Minimum 4 years of prior multi-state payroll processing experience, with at least 1 year of experience supervising work of others
  • Extensive knowledge of the payroll function including preparation, balancing, internal controls, and payroll taxes
  • Prior experience with ADP Workforce Now, a plus
  • Prior accounting experience a plus
  • Strong attention to detail with a high degree of accuracy
  • Strong Microsoft Excel and Word 
  • Excellent organizational skills
  • Ability to sensitively handle confidential company and employee information
  • Ability to multi-task and prioritize work efficiently to complete projects
  • Ability to communicate clearly and accurately with internal and external customers

The Perks:

  • Join one of LA’s fastest growing startups (2022), A Most Loved Workplace, and #306 on the 2022 Inc 5000 list
  • Mission driven + empowered + collaborative
  • Competitive pay and stock options
  • Unlimited PTO
  • Health Insurance options including Medical, Dental, Vision, Life, EAP, FSA, & Maternity Leave
  • Newly added HSA and Pet Insurance
  • 401K Plan with Matching
  • Cell Phone Stipend
  • Casual Dress
  • Open door policy / Open office floor plan
  • Team based strategic planning + Team owned deliverables

How We Pay:

  • We believe in paying fairly and equitably based on a number of factors including but not limited to previous experience, relevant work history, interview performance, geographical location, internal equity, and expected level of ownership 
  • We are targeting a base salary of $70,000-85,000 for this role
  • This role will also be granted company equity via stock options

Cultural Competencies for Success at Sunbit:

  • Serve others before self - Service oriented mindset
  • Own the impact - Take pride in effectively managing payroll on a daily basis
  • Connect genuinely - Effectively connect with internal stakeholders
  • Act fast - Respond to internal team members in a timely manner
  • Include always - Work closely with Accounting team and actively welcome peers within the organization
  • Innovate for good - Continuously help our internal team create efficient processes

Sunbit is an Equal Opportunity Employer. We strive to provide a professional & welcoming workplace for all employees.


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