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Payroll Manager and Stock Administrator

Rigel Pharmaceuticals, Inc.

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Location: South San Francisco, CA Posted Date: 4/23/2013 Position Type: Full time Job Code: 54-0415 Required Education: Bachelors Degree Areas of Expertise Desired: Finance

Description

Rigel Pharmaceuticals, Inc. is a clinical-stage drug development company based in South San Francisco that discovers and develops novel, small-molecule drugs for the treatment of inflammatory and autoimmune diseases, as well as muscle disorders.

We have been named one of the Best Places to Work in the Bay Area, by the San Francisco Business Times, for two consecutive years in a row! Not only will you enjoy our exceptional compensation and benefits package, our generous stock options, and the camaraderie between all of our valued employees, but you’ll also have complete access to the most advanced scientific equipment and latest technology as well as the opportunity to grow as a person AND a member of our growing interdisciplinary teams!

POSITION SUMMARY:
The Payroll Manager and Stock Administrator will manage and process our semi-monthly payroll through ADP and is responsible for the day-to-day administration of our employee stock plan.  

Reporting to the Director of Accounting, the successful candidate is an individual contributor whose areas of responsibility include, but are not limited to:


Payroll (ADP):  
•   Process semi-monthly payroll utilizing ADP system for approximately 165 employees
•   Prepare bonus calculation and corresponding payroll related journal entries
•   Ensure compliance with accounting and tax rules and securities laws
•   Reconcile all general ledger payroll and benefit accounts
•   Process payment requests for 401(k) and other employee benefit plans
•   Manage 401K and workers comp audit
•   Manage year end W-2 filing
•   Work with the Human Resource Department in administering benefits, VOE etc.
•   Communicate payroll issues and regulatory changes to employees

Stock Administration (Equity Edge):
•   Day-to-day stock administration and semi-annual ESPP purchase
•   Maintain records of all stock option activities
•   Prepare Stock Option Agreements, stock option/exercise journal entries and reconcile related general ledger accounts
•   Supports the preparation of D&O Questionnaire and Proxy
•   Assist in the preparation of ASC718 (FAS123R) assumptions and expense allocation analysis
•   Manage the filing of Forms 3921 & 3922

General Accounting (Great Plains):
•   Update daily cash balance
•   Perform balance sheet account reconciliations (e.g. checking and investment accounts)
•   Supports SOX compliance, quarterly review and annual audit
•   Assist the department in complying with Rigel’s record retention policies and procedures
•   Prepare third party expense reimbursement and billing



BENEFITS:
•   Competitive salary
•   Bonus
•   Comprehensive benefits
•   Career advancement and job stability
•   Fun and exciting work environment and other cool perks


RIGEL PHARMACEUTICALS INC. IS AN EQUAL OPPORTUNITY EMPLOYER WITH A COMMITMENT TO DIVERSITY.  ALL INDIVIDUALS ARE ENCOURAGED TO APPLY.

Requirements

REQUIREMENTS:  
•   BS in Accounting or equivalent experience
•   Experience at a publicly traded company is preferred but not necessary for this position.
•   5+ years payroll processing experience (preferably using ADP payroll system)
•   3+ years stock option program administration
•   Proficiency in MS Office skills, primarily Excel
•   Strong communication, interpersonal and organization skills required
•   Able to prioritize workload, handle multiple tasks & work independently
•   Candidate must be able to demonstrate the ability to maintain the highest level of confidentiality
•   Detail-oriented and possess excellent technical, analytical, organizational and time-management skills
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