Depomed, Inc.

Sr. Payroll Representative

Location
Lake Forest, IL, United States
Posted
Apr 27, 2018
Ref
1122XX
Required Education
Bachelors Degree
Position Type
Full time
JOB SUMMARY

Works closely with the Accounting, Human Resources and Benefits teams. Responsible for processing payroll timely and accurately for approximately 180+ employees, providing resolution on payroll questions to employees, researching outstanding payroll tax issues, and working with third party administrators (Payroll processor, FSA, 401(k)) to resolve issues.

ESSENTIAL JOB FUNCTIONS

• Provide prompt, friendly, and efficient customer service to employees who have questions regarding their pay, deductions, timecards, or the payroll process; maintain employee confidentiality
• Own the semimonthly payroll cycle for exempt and non-exempt employees by processing all compensation, including salaries, bonuses, commissions, car allowances, stock option exercises, stock refunds, and other pay
• Process new hires, terminations, status changes, LOAs, tax changes, deductions, direct deposits, rate changes, retroactive adjustments and special pays
• Process all deductions, including flexible spending plans, fleet, retirement plans, benefits contributions, 401(k) loans, and garnishments
• Set up direct deposit for checking and savings accounts
• Complete requests for employment verification
• Work closely with Human Resources to ensure that all employee address, supervisor, department, position, and pay rate changes are made on an accurate and timely basis
• Participate in month-end and quarter-end close activities, including (but not limited to) preparation of payroll-related journal entries, account reconciliations, and auditor-required PBC items, schedules, and explanations
• Prepare payroll reports as needed for corporate tax return
• Ensure accurate calculations of vacation and sick time accruals
• File payroll-related regulatory filings for Federal, State, and Local agencies
• Gather annual data to be reported on Form W2, such as disqualifying dispositions, health benefits, and relocation
• Work with IT and Human Resources departments to ensure integrity of data and system setup. Identify process weaknesses and propose enhancements
• Participate in accounting system implementations; QA new payroll-related reports, and participate in payroll-related system upgrades
• Ensure Sarbanes Oxley compliance by adhering to internal control requirements, maintaining updated documentation for all payroll related processes and providing recommendations as appropriate
• Take an active role in stock administration

Requirements

ADDITIONAL RESPONSIBILITIES/DUTIES

• Other projects and responsibilities, as needed

EDUCATION AND EXPERIENCE

• Bachelor's Degree in Business, Accounting or Finance
• 5+ years as an owner of full-cycle payroll
• Experience working in a publicly-traded, high-growth company, with a nationally based workforce
• Certified Payroll Professional (CPP) designation preferred; American Payroll Association (APA) membership a plus
• Expert knowledge of payroll and payroll tax rules and regulations in US
• Experience with financial accounting software such as MS Dynamics AX and Concur Expense Reports is preferred,
• Multi-state payroll experience required

SKILLS AND ABILITIES

• Detail oriented, able to complete assignments on time, flexible in changing environment
• Intermediate to advanced knowledge of Excel

DEPOMED COMPETENCIES INCLUDE

• Integrity
• Decisions & Judgment
• Ownership & Initiative
• Adaptability & Change Readiness
• Teamwork & Collaboration

PHYSICAL/MENTAL DEMANDS

• Sitting 80%; walking / standing 20%
• Physically transporting items weighing less than 15 pounds from one location to another
• Able to see and read PC screens; detect color coding, read fine print, and/or normal type size print
• Ability to communicate clearly and professionally both verbally and in writing
• Ability to manage highly confidential information
• Ability to conduct oneself professionally at all times
• Ability to understand complex problems and to collaborate and explore alternative solutions
• Ability to compose reports and procedures.
• Ability to compute, analyze, and interpret numerical data for reporting purposes
• Ability to organize and prioritize own work schedule
• Ability to count accurately and check results for accuracy

About Us

Depomed, Inc. is a specialty pharmaceutical company focused on developing and commercializing products to treat pain and other central nervous system conditions. Founded in 1995, Depomed has successfully executed on strategy of acquiring, integrating and growing differentiated therapeutic products and building each into a strong market presence. The result is a broad portfolio of pain and neurology specialty pharmaceuticals currently comprised of five FDA-approved products. These include Gralise® for the management of Postherpetic Neuralgia (PHN), Cambia® for the acute treatment of migraine attacks, Zipsor® for the relief of mild to moderate acute pain, Lazanda® for the management of breakthrough pain in cancer patients and our most recent addition, the company's flagship asset, the NUCYNTA® franchise.

Acquired in April 2015 and re-launched in June 2015, the NUCYNTA franchise includes NUCYNTA® ER for the extended management of pain, including neuropathic pain associated with diabetic peripheral neuropathy (DPN) and NUCYNTA® for immediate management of moderate to severe acute pain in adults.

Depomed also has successfully developed and licensed its unique drug-delivery technology, Acuform®. This patented oral-delivery technology allows for the targeted, extended release of pharmaceutical compounds into the upper gastrointestinal tract. The company's Acuform technology is currently being used in four marketed drugs, including Gralise.

Depomed's successful execution on strategy and has resulted in solid product revenue growth over the past three years. Located in Newark, California in the East Bay of San Francisco, Depomed is listed on the NASDAQ market under the ticker DEPO and employs approximately 500 people, of which approximately 350 are part of the Commercial organization.

Depomed is an AA/EEO/Veterans/Disabled employer.