Lead Payroll Specialist, Robinhood
$88-104k
+ Bonus plan & equity plan
Commission-free stock trading platform
Be an early applicant
Commission-free stock trading platform
1001+ employees
Be an early applicant
$88-104k
+ Bonus plan & equity plan
1001+ employees
Company mission
To democratize finance for all.
Role
Who you are
- At least 7-10 years of experience with full cycle payroll responsibilities in a multi-state, mobile and international capacity
- Experience working with a public company
- Experience with Workday Payroll/HRIS, Payroll Advantage (Deloitte) and ADP Smart Compliance
- Experience processing salaried and hourly payrolls
- Have a strong knowledge of federal and state regulations as they pertain to payroll processing
- Ability to maintain the confidential nature of the information by protecting the privacy of our employees and their records
What the job involves
- We’re seeking curious thinkers looking to co-author the next chapters of our story. Joining now means helping shape our vision, structures and systems; playing a key-role as we launch into our ambitious future
- As the Lead Payroll Analyst, you will help with all aspects of payroll for over 2,400+ employees. You will have the chance to serve as a key contributor on a strong team and to grow your understanding of both operational and technical payroll processes
- The successful candidate will be someone who is looking to contribute directly to the success and growth of our department and company. This position will report to the Senior Manager of Global Payroll and work closely with our People team as well as the Accounting team
- Lead the Payroll Team in processing payroll for all salaried and hourly employees (US domestic and international)
- Create and refine all payroll procedure, time tracking and year end process documentation
- Critically review and analyze current payroll and tax procedures in order to recommend and implement changes leading to best-practice operations
- Work collaboratively with the company’s stock administration team on processing exercises with payroll impact
- Assist with the preparation and reconciliation of payroll accounts as part of the month-end and quarter end close process
- Lead special projects, as needed, and stay abreast of industry trends
- Partner with the equity team to execute RSU settlement in a timely and compliant manner
- Assist with internal and external audits by providing supporting records and documentations
- Research, resolve and respond to payroll inquiries from employees
- Assign and monitor tickets submitted to the Payroll team for all US and International employees
- Assist with special projects with Corp Eng, Compensation, Employment, Corp Tax and other partners as needed
- Maintain a useful working knowledge of company policies, procedures, government regulations and business ethics
- Work side by side with everyone in the team to ensure smooth year end processes
- Maintain payroll calendar for US and international payroll
- Manage vendor relationship (ADP, Deloitte and Nium)
- Run projects and process ad-hoc tasks with minimal supervision
Our take
For years, traditional brokers ruled the share trading realm, charging hefty fees that locked out everyday investors. Robinhood emerged as a disruptor, offering commission-free trading and opening the door to a new generation. Its innovative model thrives on premium features like increased buying power and extended trading hours, attracting a younger audience drawn to meme stocks like AMC and GameStop.
But Robinhood's not just about quick thrills. The company claims its mission lies in catering to "the unmet needs of the next generation," evidenced by its "Robinhood Retirement" launch, targeting gig-economy workers often excluded from financial planning. This commitment to accessibility aligns with its core values.
However, 2023 brought unexpected turbulence, as Robinhood became entangled in the FTX cryptocurrency exchange bankruptcy scandal when it emerged that the US Department of Justice seized hundreds of millions of dollars of the company's shares tied to FTX founder Bankman-Fried. Despite these challenges, Robinhood successfully bought back the missing stock, and its impact on democratizing finance remains undeniable.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 13 rounds)
Feb 2021
$2.4bn
CONVERTIBLE
Jan 2021
$1bn
LATE VC
Total funding: $5.6bn
Company benefits
- Well-being - Premium medical, dental, and vision insurance
- Family & home life - Parental leave, personal prosperity benefits
- Comfort & care - Annual lifestyle stipend
- Office life - Catered meals and fully stocked kitchen, commuter benefits
- Growth - Education and training, community events, career mentorships
Company HQ
Downtown Menlo Park, Menlo Park, CA
Leadership
Vlad Tenev
(Co-Founder)Studied Mathematics at Stanford University, where they met their fellow co-founder. Dropped out of a PhD to start Robinhood.
Baiju B.
(Co-Founder)Studied Mathematics and Physics at Stanford University, where they met their fellow co-founder.
Salary benchmarks
We don't have enough data yet to provide salary benchmarks for this role.
Submit your salary to help other candidates with crowdsourced salary estimates.
Share this job
View 103 more jobs at Robinhood