Payroll and Stock Admin Lead, Plaid
$118.8-178.2k
Infrastructure and APIs for FinTech
Job no longer available
Infrastructure and APIs for FinTech
1001+ employees
Job no longer available
$118.8-178.2k
1001+ employees
Company mission
Plaid's mission is to unlock financial freedom for everyone.
Role
Who you are
- 5+ years of experience in multi-state and international payroll processing
- Strong understanding of payroll tax laws across all 50 states and the ability to research when needed
- Experience with Workday, ADP SmartCompliance, or similar payroll systems
- Experience with stock administration, including RSUs and stock options, preferred
- Experience with NetSuite and Morgan Stanley Shareworks, preferred
- Familiarity with payroll accounting and month-end close processes
- Excellent communication skills for interacting with diverse internal and external stakeholders
- Strong attention to detail, work ethic, and the ability to maintain confidentiality
- Experience with stock administration, including RSUs and stock options
What the job involves
- This position will be a key member of our dynamic that manages payroll operations and stock administration to ensure employees are paid accurately and on time while complying with federal, state, and local laws
- The ideal candidate will develop strong working relationships with cross-functional partners such as the People and Legal teams as we strive to deliver accurate, compliant, and efficient payroll and stock administration processes
- In this role, you will work together with the team to manage semi-monthly payroll for a US and international workforce, ensuring accuracy and compliance with payroll tax regulations
- You will administer stock plans, including RSUs and stock options, and respond to employee inquiries
- You will support payroll accounting tasks, such as journal entries and reconciliations, contributing to month-end close processes and collaborate on projects to evaluate and enhance payroll and equity processes, including system implementations and upgrades
- Process multi-state payroll and support international payrolls using Workday and ADP SmartCompliance
- Administer equity plans using Morgan Stanley Shareworks, including managing grants, tax compliance, and employee inquiries
- Collaborate with HR, Legal, and Finance to track changes in pay, LOAs, and equity transactions
- Maintain compliance with federal, state, and local payroll regulations, including researching and addressing tax issues
- Support payroll accounting tasks in NetSuite, including journal entries, reconciliations, and audit requests
- Identify and implement process improvements to enhance payroll and stock administration efficiency
- Handle sensitive employee data with a high degree of confidentiality and integrity
Our take
Plaid builds infrastructure that allows a consumer to interact with their bank account on the web through a number of third-party applications, like Venmo, Robinhood, Coinbase, Acorns and LendingClub.
Plaid has integrated with 12,000 financial institutions in the US, Canada, the UK and Europe. About a quarter of people living in North America with bank accounts have linked with Plaid through at least one of the hundreds of apps that leverage Plaid’s application program interfaces (APIs). The platform allows companies to create financial services applications without having to hire their own team of engineers to build out a tool that connects apps to its users’ bank accounts.
This is very valuable in a world where there are increasing number of fintechs, so the demand for Plaid's services are only going to grow. Despite its strong position, it has not been immune to the difficult global economic situtation and was forced to restructure at the end of 2022, laying off some of its workforce. However it is still experiencing growth and is well-positioned to weather the current economic uncertainty.
Steph
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 6 rounds)
Apr 2025
$575m
LATE VC
Apr 2021
$425m
SERIES D
Total funding: $1.3bn
Company benefits
- Monthly wellness stipend (gym on us)
- We offer breakfast, lunch, and dinner to keep you well-fed and healthy (when working from the office)
- From medical, life, dental and pension schemes, we’re here to support your physical, mental, and financial wellbeing
- We want everyone to feel ownership over their work - literally, which is why we offer equity to full-time Plaids
- Every Plaid is in control of their career development with our learning stipends, tools, and trainings
- We give Plaids the freedom and flexibility to choose where they work - whether that is in a Plaid office, at home in any supported location, or a mix of both!
- Two weeks of synchronous, company-wide vacation
- We want to make sure you have time to meet your personal needs with unlimited PTO
Company HQ
SoMa, San Francisco, CA
Leadership
Zach Perret
(CEO)He was a Consultant at Bain and previously a Research Fellow and Trustee at Duke before co-founding Plaid
William Hockey
(Board Director)He was previously an associate at Bain and has since moved on from Plaid to become Co-CEO at Column
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