Payroll Coordinator, Flex
$75-85k
+ Equity
3+ days a week in office (Union Square, NY)
Flexible rent payment application
Be an early applicant
Flexible rent payment application
501-1000 employees
Be an early applicant
$75-85k
+ Equity
3+ days a week in office (Union Square, NY)
501-1000 employees
Company mission
Flex's mission is to empower as many renters as possible with flexibility over their most significant recurring expense.
Role
Who you are
- Strong attention to detail and organizational skills
- Excellent knowledge of payroll laws and regulations
- Proficiency in Microsoft Office, especially Excel
- Effective communication and problem-solving abilities
- Proven time management and project management ability
- Excellent interpersonal, oral and written communication skills
- Desire to work in an exciting, start-up environment that encourages individual growth and excellence
- 3+ years payroll experience in medium sized / start up environment
- Ability to work in a team environment as well as independently
- Bachelor's degree (B. A)
What the job involves
- The Payroll Coordinator is responsible for managing and processing payroll accurately and on time, ensuring compliance with all applicable laws and regulations
- This role involves working closely with HR and finance teams, resolving payroll discrepancies, maintaining records, and responding to employee inquiries about compensation
- Accurately process regular, bonus, and overtime payrolls for all employees
- Verify timekeeping data and ensure all hours worked are recorded properly
- Calculate wages, deductions, benefits, and taxes
- Ensure payroll compliance with federal, state, and local laws
- Maintain up-to-date payroll records and documentation
- Prepare and file payroll tax returns and reports as required
- Address and resolve employee inquiries about payroll discrepancies
- Provide guidance on payroll-related issues such as tax withholdings and deductions
- Manage and update payroll software and systems
- Collaborate with IT or software vendors to troubleshoot issues
- Work closely with HR to ensure proper documentation of employee changes
- Liaise with finance and treasury to ensure proper accounting and funding of payroll
Our take
Many people struggle to pay their rent every month, with a variety of bills hitting their bank accounts simultaneously. Whilst many of these people earn enough money to cover their bills, the inflexible nature of monthly bills can make the all-in-one payment a harder obstacle.
Flex provides a mobile application for the flexible payment of rent, allowing users to pay their landlords through flexible payment plans, reschedule payments when necessary, and protect their funds through Overdraft Protection. The company achieves this by partnering with estate agents and paying their resident's bills upfront, taking on the challenges that landlords would normally have due to late payments.
Flex has experienced extremely rapid growth since its founding which has caused some issues, as it struggled to keep up with the surge in new customers. Having made improvements to its product and scaled its customer service team, it is set to continue providing a service that has come to be highly valued by both tenants and landlords.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 5 rounds)
Feb 2022
$160m
SERIES C
Apr 2021
$46.6m
SERIES B
Total funding: $225.1m
Company benefits
- 100% company-paid medical, dental, and vision
- 401(k) + company stock options
- Unlimited paid time off + company paid holidays
- Parental leave + IVF and adoption support
- Flex Cares Program: Non-profit company match + pet adoption coverage
- Pet Insurance
- Free Flex subscription
Company HQ
Midtown Manhattan, New York, NY
Leadership
Shragie Lichtenstein
(CEO)Experience working in venture capital investments for Point72 and TVC. Also co-founded Boundless Reality.
YeTong Shao
(CPO)Experience as Data Science Researcher. Also co-founded Boundless Reality.
Salary benchmarks
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