Payroll Manager, Cedar
$107.1-140k
Equity eligible
Financial engagement & billing for healthcare providers
Be an early applicant
Financial engagement & billing for healthcare providers
501-1000 employees
Be an early applicant
$107.1-140k
Equity eligible
501-1000 employees
Company mission
To make healthcare more affordable and accessible through its consumer-friendly platform.
Role
Who you are
- Bachelor’s Degree in Accounting, Finance, Human Resources or related field
- 7+ years of experience
- CPP certification is preferred
- Proficiency in Microsoft Office applications
- Experience with payroll and HRIS systems, such as ADP, Paychex or Workday software
- Experience with Rippling is a plus
- Highly organized and proactive with attention to detail and accuracy
- Strong communication, analytical, and problem-solving skills
- Cross collaborative - both internally across the organization and externally
What the job involves
- We are seeking a Payroll Manager to join our Financial Operations team! This individual will lead the payroll function, as well as managing payroll compliance and period-end reporting, including annual audits.
- In addition, this person will be a major contributor to various projects, and will work cross-functionally with other departments and partners both inside and outside the organization
- Our ideal candidate is detail-oriented and organized, who will have the opportunity to own and improve many processes and procedures
- Manage and process the bi-weekly, semi-monthly and off-cycle payrolls accurately, timely and efficiently in compliance with all federal, state, local, and regulatory requirements
- Assist with providing support for the monthly payroll reconciliations while maintaining accurate documentation and proactively investigating variances
- Ensure accurate entry of employee salaries, reported hours on timesheets, commissions, bonuses, severance pay, garnishment requests, and deductions and withholdings for benefits, taxes and 401(k) contributions, and calculating leave and disability payments in conjunction with our providers
- Work closely with the Equity Team to process ISO, NSO and RSU related activity through payroll processing when applicable
- Address payroll inquiries and communicate with employees, managers, and other cross-functional team members
- Oversee relationships with external service providers, including our 401k administrator, tax preparers and benefits partners
- Collaborate with the People Operations team to develop procedures and best practices for record keeping and process improvements while ensuring that all workflows are thoroughly documented
- Prepare and review supporting schedules for financial statements, management and board reporting, the audits, and tax returns and supplemental filings
- Assist with the Employee Benefit Plan audits and the Form 5500 preparation
- Manage multiple ongoing assignments and deliverables with a focus on communication to remain committed to being positive and rejecting mediocrity
Our take
Over $1 billion is said to be lost annually by physicians as a result of inefficient and disjointed healthcare billing practices. The subsequently low patient satisfaction rates lead to poorer care, and real losses for providers who see patients switching away from their plans.
Cedar looks to remedy these issues with a selection of consumer-facing services which streamline billing, insurance and healthcare processes. Healthcare billing concerns a huge percentage of US adults, so optimizing patient satisfaction is of increasing concern - a great opportunity for the company.
After acquiring competing patient finance streamlining service OODA Health in 2021, Cedar netted substantial funds and launched its Payer Intelligence Layer. This allows it to integrate data from insurers and providers to create a single source of information. The company was also endorsed by the Montana Hospital Association's shared services division, to be listed as its only preferred patient financial engagement technology.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Few candidates hear
back within 2 weeks
41% female employees
-9% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Dec 2022
$68.4m
SERIES D
Mar 2021
$200m
SERIES D
Total funding: $394.4m
Company benefits
- Flexibility to work from home or in the office, depending on what works best for you
- Health insurance
- Offices in Manhattan, San Francisco and Salt Lake City
- Free lunch, healthy snacks, cold brew and kombucha on tap (Yup!)
- Guided-meditation and game nights (Weekly!)
- Unlimited PTO for vacation, sick and mental health days–we encourage everyone to take at least 20 days of vacation per year
- 16 weeks paid parental leave with health benefits for all parents, plus flexible re-entry schedules for returning to work
- Diversity initiatives that encourage Cedarians to bring their whole selves to work, including three employee resource groups: be@cedar (for BIPOC-identifying Cedarians and their allies), Pridecones (for LGBTQIA+ Cedarians and their allies) and Cedar Women+ (for female-identifying Cedarians)
- Equity (for qualifying roles) and health benefits that start on your first day
- 401k plan with 3% employer non-election contribution
- Access to hands-on mentorship, employee and management coaching, and a stipend for learning and development resources to help you grow both professionally and personally
Company values
- Focus on the vision: We enable an exceptional healthcare consumer financial experience through relentless focus, only prioritizing actions that advance us towards this goal
- Reject mediocrity: We solicit diverse perspectives, set high standards and constantly challenge ourselves to raise the bar on our thinking, people and performance
- Apply a growth mindset: We maintain an optimistic, constructive and resilient attitude, passionately pursuing our mission, embracing difficult problems and learning from setbacks
- Use good judgment: We require accountability, bold thinking and a reliance on common sense to prioritize and make informed decisions that reflect our convictions, integrity and core values
Company HQ
West Village, New York, NY
Articles
Leadership
Arel Lidow
(Co-Founder)Previously VP of product at AppNexus where they supervised the development and launch of the company’s flagship products. Began their career as a technology associate at Bridgewater Associates, working on trading systems for the world’s largest hedge fund.
Dr. Florian Otto
(Co-Founder & CEO)Previously an executive at Zocdoc where they drove the commercial adoption of the platform. Also founded a daily deal company in Brazil (ClubeUrbano) that was eventually acquired by Groupon. Began their business career as a strategy consultant at McKinsey & Company.
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