Payroll Specialist / Analyst, Cover Genius
+ Employee Stock Options
B2B insurance and warranty API
Open for applications
B2B insurance and warranty API
501-1000 employees
Open for applications
+ Employee Stock Options
501-1000 employees
Company mission
To protect all the customers of the world’s largest digital companies.
Role
Who you are
- 5+ years experience as a Payroll Specialist/Analyst or similar role, supporting EMEA payroll operations
- Experience in equity operations a bonus
- Strong understanding of international payroll practices, accounting, regulations, tax laws, and compliance requirements across multiple countries and regions
- Strong understanding of international statutory deductions, tax rates, social security requirements, and benefits regulations
- Experience in dealing with external payroll service providers and vendors
- Proficiency in using payroll software or systems for end-to-end payroll processing
- Understanding of HRIS systems and their integration with payroll systems
- Strong analytical skills to assess payroll accounting data, identify trends, and make data-driven decisions
- Understanding of data protection regulations and confidentiality requirements in handling employee information
- Ability to work in a fast-paced, global environment with a customer-centric mindset
- Relevant certifications in payroll and/or equity management or related fields are advantageous
What the job involves
- Reporting to the Associate Director, Global Payroll based in Amsterdam, the Payroll Specialist/Analyst will support and coordinate the company's local payroll requirements and equity management across EMEA jurisdictions
- You will play a key role in the business and will have responsibility for ensuring all payrolls are processed on time, accurately, and in accordance with contracts and local legislation
- Prepare and oversee In-House and Outsourced end-to-end local payroll operations, ensuring accurate and timely processing for EMEA jurisdictions
- Establish and maintain strong relationships with local payroll vendors to ensure seamless payroll delivery
- Ensure compliance with EMEA payroll regulations, tax laws, and social security requirements in each jurisdiction
- Perform equity management administrative tasks
- Support process improvements to enhance efficiency, accuracy, and scalability of EMEA payroll operations
- Execute payroll policies, procedures, and controls to ensure consistent practices and compliance
- Stay updated with evolving global and local payroll regulations as they related to EMEA
- Collaborate with cross-functional teams, including HR, financial reporting, tax, legal and IT, to streamline payroll processes and data integration
- Ensure key performance indicators (KPIs) and service level agreements (SLAs) are met
- Execute recurring payroll audit and compliance tasks
- Perform monthly payroll GL reconciliations and provide support to financial reporting team
- Support global payroll projects, such as system implementations, upgrades, and payroll optimisation initiatives
- Coordinate year-end payroll processes, including country specific tax reporting, annual statements, and compliance filings
- Support internal business and employee payroll related queries
Our take
Insurance plans and warranties are staples of a successful digital company, but setting them up is challenging. Businesses must compare and write contracts with insurance providers which require the expensive assistance of legal and financial teams, Add to this the cost of web designers who can embed the service online, and insurance and warranties quickly become unaffordable to smaller businesses.
Cover Genius provides end-to-end APIs called XCover and XClaim for embedding insurance and warranty plans onto online stores, preventing the business from having to compare, arrange and deploy insurance plans themselves. The company's policies are for any business, can be translated into over 40 languages, and are designed to be read easily without unnecessary jargon.
Whilst other insurtech companies offer similar services to Cover Genius, the company has uniquely focused on ensuring its plans are easily readable, translatable, and dynamically priced based on personal requirements. Although the company initially aimed to facilitate insurance and warranty plans for smaller businesses, it also partners with large enterprises such as Ryanair, Amazon, and eBay. In 2024 it secured impressive Series E funding off the back of a year where it achieved 107% year-on-year growth.
Steph
Company Specialist at Welcome to the Jungle
Insights
Few candidates hear
back within 2 weeks
30% employee growth in 12 months
Company
Funding (last 2 of 6 rounds)
May 2024
$80m
SERIES E
Nov 2022
$70m
SERIES D
Total funding: $241.6m
Company benefits
- Flexible Working Conditions
- Employee Stock Options
- Ongoing Learning
- Paid Parental Leave
- Wellness Initiatives
- When From Home When You Want
- Peer Bonuses and Founder Awards Program
- International Working Opportunities
- GC Gives giveback program, led by the team
Company values
- We Make It Our Own - We’re proud of who we are and what we do. We bring our own way of doing things and we make it happen.
- We Make It Better - We bring new ideas, think differently and challenge the norm. We look for areas to improve and we own the changes that we desire.
- We Succeed Together - We’re better when we work together. When we need help we always say “yes”. And when we pull it off, we celebrate together.
- We Create Magic - We make hard things simple and old things novel. We’re making world firsts in one of the oldest industries.
Company HQ
Midtown South, New York, NY
Articles
Leadership
Angus McDonald
(CEO)They were the General Manager of Emerge Digital. Formerly the VP of International Business Development for iClick Interactive Asia Limited.
Chris Bayley
(CIO)They were the former Business Development Manager for Google. Previously an Investor and Executive Director of Software.com from 2009 to 2019.
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