Senior Payroll Specialist, Figure
$100-131k
+ 25% annual bonus target, paid quarterly + Equity stock options package
More information about location
Blockchain-powered digital lender
Posted today
Blockchain-powered digital lender
201-500 employees
Posted today
$100-131k
+ 25% annual bonus target, paid quarterly + Equity stock options package
More information about location
201-500 employees
Company mission
Figure's mission is to transform financial services through blockchain, bringing speed, efficiency and savings to both consumers and institutions.
Role
Who you are
- If you’re the kind of person who loves clean spreadsheets, knows how to spot a payroll anomaly from a mile away, and thrives in a fast-paced, ever-evolving environment — this role is for you
- 4+ years of end-to-end payroll experience, ideally across both startup and public company environments
- Strong working knowledge of stock-based comp, including tax and reporting implications
- Fluent in U.S. payroll compliance and multi-state requirements
- Experience using Workday for payroll and HRIS functions
- Advanced Excel or Google Sheets skills — you know your way around VLOOKUPs and pivot tables
- Proven ability to handle sensitive and confidential information with discretion and professionalism
- Super detail-oriented and process-driven, but agile enough to move fast and flex when needed
- Comfortable working in a scaling, sometimes ambiguous environment
- CPP certification or similar credentials are a nice bonus
What the job involves
- We’re looking for a hands-on, detail-obsessed Senior Payroll Specialist to join our People team at a fast-growing fintech startup
- You’ll own the day-to-day execution of payroll and equity compensation, helping us deliver a seamless experience for our team while staying compliant as we scale
- You should feel confident operating in both public and private company environments and bring experience managing stock-based compensation like RSUs and ESPPs
- This role also plays a key part in quarterly bonus payouts, partnering closely with HR and Finance to ensure performance-based compensation is processed smoothly and accurately
- Oversee and ensure timely, accurate processing of payroll for multi-state employee populations
- Administer equity compensation, including taxes, vesting events, and reporting
- Support the accurate and timely processing of quarterly bonus payouts, working closely with Finance and department leads
- Partner with HR, Finance, and Legal to ensure accurate pay, taxes, and compliance across all compensation channels
- Manage employee questions about pay, deductions, and equity — with clarity and care
- Reconcile payroll reports and support monthly close processes with the Finance team
- Keep us in compliance with all relevant payroll laws and regulations (federal, state, local)
- Support audits (SOX, external, internal) by providing clean, accurate payroll and equity data
- Maintain strict confidentiality around all employee data, payroll records, and compensation information
- Help evolve our payroll processes as we scale — automation, documentation, systems improvements, and more
Our take
Figure handles loans and mortgaging. They are disrupting manual compensation surveys and traditional industry software with their blockchain platform, Provenance, which works as a registry, ledger, and exchange.
The company has branched from offering student loans into many products such as mortgages, personal loans, blockchain-based private credit and private investment opportunities. In 2020, they started seeking a national bank charter to simplify their business and offer better security.
The company is focusing on building blockchain-backed solutions and now offers its customers the option to leverage their cryptocurrency assets to get loans or mortgages and is one of the only companies to do so. Figure is betting heavily on the success of the $1 trillion cryptocurrency market and blockchain industry, and laid off 20% of its staff in July 2023 in preparation for an IPO bid. This IPO is targeted specifically at Figure's lending division, which saw massive growth over 2022 and 2023.
Freddie
Company Specialist at Welcome to the Jungle
Insights
-15% employee growth in 12 months
Company
Funding (last 2 of 4 rounds)
May 2021
$200m
SERIES D
Dec 2019
$103m
SERIES C
Total funding: $418m
Company benefits
- Continuing education stipend
- Paid parental leave
- Flexible paid time off
- Stock options
- Work from home opportunities
- Health insurance
Company HQ
Chinatown, San Francisco, CA
Leadership
Mike Cagney
(Executive Chair)After Master's at Stanford, Mike spent almost 6 years as Chairman of ReFlow Services and co-founding Social Finance in 2011. He used this experience to co-found Figure in January 2018, serving since as CEO.
June Ou
(President)Having studied at Stanford and founded CCO Solutions, June spent 5 years at Social Finance with Mike, rising to VP of Product Management. She left this position in October 2017 to co-found Figure the following January.
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