Payroll Manager, Form Energy
$148-185k
More information about location
3 days a week in office (Somerville, MA)
Energy storage systems manufacturer
Be an early applicant
Energy storage systems manufacturer
501-1000 employees
Be an early applicant
$148-185k
More information about location
3 days a week in office (Somerville, MA)
501-1000 employees
Company mission
To form a better world by developing, manufacturing, and commercializing a new class of cost-effective, multi-day energy storage systems that will enable a reliable and fully renewable electric grid year-round.
Role
Who you are
- 8 years of experience in accounting, finance, HR, or related fields, including direct people management. Certified Payroll Professional (CPP) highly preferred
- Minimum of 3–5 years of experience managing payroll in a manufacturing or production environment. Deep understanding of complex time-tracking (FLSA compliance, shift differentials, overtime rules, piece-rate, and multi-facility setups)
- Advanced, practical understanding of payroll tax laws, including multi-state taxation, reciprocal agreements, local tax jurisdictions, and year-end reconciliation
- Advanced expertise in ADP systems required, alongside experience managing complex vendor relationships and service-level agreements (SLAs)
- Excellent communication and organizational skills
- Ability to be onsite 3 days per week, schedule may occasionally vary depending on necessity to support the workforce
What the job involves
- Form Energy is hiring a Payroll Manager to lead, develop, and oversee the payroll team and end-to-end payroll operations
- This role ensures absolute payroll accuracy, multi-state tax compliance, strategic vendor governance, and continuous process optimization
- This role reports into our Senior Director, Talent, Systems and Total Rewards
- As part of our People Systems team, you will bring deep expertise in manufacturing payroll environments (managing complex shift differentials, labor distribution, and hourly tracking) along with an advanced understanding of payroll tax regulations to mitigate risk and partner effectively with HR, Finance, and Leadership
- This is an exciting opportunity to help shape and be part of the growth of a fast-moving company with breakthrough technology and an incredible mission!
- End-to-End Payroll Operations & Support: Oversee the execution of payroll across a diverse workforce, including complex, shift-based manufacturing employees and exempt engineering and infrastructure teams. Manage time-clock integrations, labor distributions, and strict wage-and-hour compliance (FLSA) for both overtime/shift differentials, while serving as the primary escalation point for employee inquiries and establishing internal customer service SLAs
- Financial Alignment & Advanced Tax Management: Own the payroll-to-accounting lifecycle, including month-end closing, journal entries, and reconciling payroll accounts against the General Ledger. Monitor and apply multi-state, local, and workers’ compensation tax updates, and manage adjustments for complex compensation structures like health/retirement benefits and equity tracking
- Compliance, Risk & Vendor Governance: Act as the primary relationship owner and escalation point for our payroll vendor (ADP) to maximize system capabilities and performance KPIs. Direct the preparation of quarterly/annual tax filings and serve as the lead interface for internal and external payroll audits
- Process Transformation & Executive Analytics: Partner with HR and Finance leadership to design and implement seamless automation workflows, system integrations, and scalable payroll process mapping. Deliver predictive analytics and executive-level reporting to advise senior leadership on strategic resource planning and operational trends
Our take
Central to the development of the digital revolution is the role of electric grid infrastructure and expansion. A completely electrical infrastructure is restricted by the fact that electrical energy is difficult and costly to store. Form Energy, however, has created a reliable battery that has the capacity to revolutionise how we use electricity.
Revolutionising battery storage is at the core of Form Energy’s approach to making renewable energy universal. Its battery uses Iron-air technology that currently offers energy storage capacities and operational costs comparable to legacy power plants. In addition to improvements in cost and consistent electricity access, these batteries are scalable, portable, and safe - offering a unique approach to renewable energy storage.
Renewable energy storage remains an emerging industry, and a variety of competitors are developing alternate solutions. That said, Form Energy has bagged significant investment that enables early manufacturing efforts and securing of customers. Early progress is highlighted by a deal with Xcel Energy to supply systems for two of its retiring coal plants, and with Puget Sound Energy to help deploy multi-day energy storage systems.
Freddie
Company Specialist at Welcome to the Jungle
Insights
60% employee growth in 12 months
Company
Funding (last 2 of 11 rounds)
Dec 2024
$50m
SERIES F
Oct 2024
$405m
SERIES F
Total funding: $1.6bn
Company benefits
- 100% of medical, dental, and vision premiums covered for employees
- Health insurance coverage begins first day of employment
- Health Savings Account
- Generous PTO policies to enable employees to recharge when needed
- An Employee Resource Program that provides mental health counseling services, legal guidance, financial resources, and other helpful consulting services
- 80% of the total medical, dental, and vision premiums covered for dependents
- 12 weeks of paid parental leave, 14 weeks for the birthing parent
- Access to a Dependent Care Account
- Access to a Health Flexible Spending Account
- Access to a Commuter Benefits Account
- Access to an Adoption Assistance Flexible Spending Account
- Stock options granted to all employees
- Stock equity education and tax advice service provided by Carta
- Company sponsored 401k
- Access to an annual budget for professional development
- License to complete Gallup’s Strengths Finder Assessment and ongoing resources
- 100% employer-sponsored coverage life insurance, and short and long-term disability policies
Company HQ
Ward Two, Somerville, MA
Leadership
Ted Wiley
(Co-Founder, COO & President)Studied at Harvard Business School before spending 6 years at Aquion Energy and then a year as President of McDonough Innovation. They co-founded Form Energy in 2017, serving since as COO and President.
Mateo Jaramillo
(Co-Founder & CEO)Mateo started their career at Predictive Networks before joining Gaia Power Technologies and then Tesla. They left their VP of Products & Programs role in 2016 to found Verse Energy in April and Form Energy in December 2017.
William Woodford
(Co-Founder & CTO)William Woodford is co-founder and CTO of Form Energy. His career has focused on developing robust low-cost energy storage systems.
Yet-Ming Chiang
(Co-Founder & Chief Scientist)Co-Founder and Chief Scientist at Sublime Systems, and Professor at MIT. Prior to Form Energy, Chiang co-founded the companies Desktop Metal, 24M Technologies, A123 Systems, and American Superconductor Corp.
Marco Ferrara
(Co-Founder & Chief Digital Officer)Also co-founded Tessolar. Former VP of Energy, Analytics and Optimization at IHI INC.
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