Payroll Manager

4D Molecular Therapeutics, Inc. (“4DMT”) is a clinical-stage gene therapy company pioneering the development of product candidates using targeted and evolved AAV vectors. 4DMT seeks to unlock the full potential of gene therapy using its platform, Therapeutic Vector Evolution, which combines the power of directed evolution with approximately one billion synthetic capsid sequences to invent evolved vectors for use in targeted gene therapy products. The company is initially focused in three therapeutic areas: ophthalmology, cardiology, and pulmonology. The 4DMT targeted and evolved vectors are invented with the goal of being delivered through clinically routine, well-tolerated and minimally invasive routes of administration, transducing diseased cells in target tissues efficiently, having reduced immunogenicity and, where relevant, having resistance to pre-existing antibodies. 4DMT is currently conducting three clinical trials: 4D-125 is in a Phase 1/2 clinical trial for XLRP, 4D-110 is in a Phase 1 clinical trial for choroideremia and 4D-310 is in a Phase 1/2 clinical trial for Fabry disease.   4DMT is focused on attracting and retaining the best people in the industry who identify with our mission and innovative results-driven approach. We offer an inspiring and collaborative environment that encourages individual contributions, recognizes performance in multiple ways, offers competitive salary and benefits, and provides challenging opportunities for career development.  4D Molecular Therapeutics is located in Emeryville, CA. General Summary The Payroll Manager will oversee the organization’s payroll functions, ensuring pay is processed on time, accurately, and in compliance with practice, policy, and legal regulations. The right candidate will provide strategic direction and expertise to the payroll and equity (especially the Employee Stock Purchase Plan (ESPP)) processes adding value by making recommendations and partnering with Human Resources and the F&A team. We are looking for an analytical and methodical team member, with experience in payroll administration and equity transactions. The Payroll Manager will also play a vital role in supporting ESPP transactions.     Responsibilities

• Payroll: 70% of TIME
• Manages the timely and accurate disbursement of semi-monthly US payrolls including taxes, 401K activity, benefits, incentives/bonuses, as well as any other related compensation adjustments to 100+ employees while ensuring compliance with federal, state, and local county regulations.
• Ensures accurate and timely processing of payroll updates including new hires, terminations, and changes to pay rates
• Coordinates with HR team and the Company’s outside payroll provider to manage payroll and 1099 contractor activities including verification of amounts paid, preparing and recording related JEs, and preparation of reconciliations
• Ensures accuracy and completeness of timely quarterly and annual tax filings for employees and contractors
• Manages Company employee expense reimbursements including processing, recording, verification, and reconciliations
• Assists with month-end close, quarter-end and year-end payroll related areas (vacation, bonus, etc.) including preparing journal entries, account reconciliations and accruals
• Collaborates in the implementation of Company policies, procedures, and controls for payroll, 1099 contractor, and employee expense reimbursements activities
• Prepares and maintains accurate records and reports of payroll transactions
• Understanding of payroll-related rules and laws
• Assist with identifying tools and systems that will streamline the payroll process, including new integrations.
• Reviews Non-exempt timesheets and maintains approved timesheets for payroll support
• Manage a list of Leave of Absence (LOA) and ensure to reconcile payrolls during the leave period

Equity Management: 30% of TIME

• Manages transaction processing administration of equity compensation programs, including the issuance of equity awards, monitoring equity transactions, vesting events, and various reporting
• Processes manages and track new issuance, shares outstanding, and shares available in Equity Edge Online (EEO),
• Review of Forms 3, 4, and 5 upon changes to Beneficial Ownership per Section 16 requirements; Terminations; Participant account updates; Maintain accurate record of equity data and support to ensure SOX compliance
• Manages ESPP
• Supports annual Financial Statement audit, ESPP audit, and other audits as required (such as preparing financial disclosures for 10-Q, 10-K, and Proxy statement information
• Assists in the Stock-Based Compensation Expense Valuation
• Other duties as assigned, nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time

 

Qualifications

• Bachelor’s degree in Finance / Tax / Accounting / HR
• CPA or CPA candidate preferred
• Certified Payroll Professional, or similar professional designation preferred

Experience:

• 2+ years payroll management and 5+ years overall payroll processing
• 2+ years of experience as an equity professional

Skills:

• Detail-oriented and committed to process improvement
• Intermediate/Advanced with Excel
• Knowledge of various payroll systems
• Advanced experience with employee payroll and 1099 contract activities
• Experience with TriNet and Equity Edge Online a plus
• Serve as a point of contact for employee questions and concerns related to payroll and equity
• Excellent management and organizational skills.
• Knowledge of payroll-related state, legal, tax, and compliance requirements. California payroll experience a must.
• Excellent written and oral communication skills
• Analytical and problem-solving skills
• Great interpersonal skills and ability to collaborate across teams and levels
• Is a multitasker who can prioritize to meet multiple tight deadlines

Physical Requirements

• Adhere to 4DMT COVID protocols and policy, including providing proof of vaccination to work on-site
• Sitting and working on a computer for a majority of the day 
• Communicating both verbally and in writing 
• During the current COVID-19 pandemic, the ability to work remotely until it is safe to return to the worksite and work on-site once 4DMT deems it safe to return.  

4DMT provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, genetic information, marital status, status as a covered veteran, and any other category protected under applicable federal, state, provincial and local laws.   Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities       Attention: Search Firms / 3rd Party Recruitment Agencies* The Talent Acquisition / HR team manages the recruiting for all positions at 4D Molecular Therapeutics. We will only accept resumes from a search agency/recruiter if we have a signed agreement in place and the Talent Acquisition / HR team has formally requested your help on a specific role. Unsolicited resumes sent to 4D Molecular Therapeutics will be considered property of 4D Molecular Therapeutics. 4D Molecular Therapeutics will not be responsible for any fees associated should we hire from unsolicited resumes.   Recruiters are requested not to contact or present candidates directly to our hiring managers or employees, and doing so may jeopardize eligibility to work on future positions. Recruiters interested in working with 4D Molecular Therapeutics can submit their information to recruiting@4dmt.com– should we have a tough-to-fill role, we will contact you directly if you specialize in that area.