Senior Payroll Tax Analyst, Robinhood
Salary: $30.60 - $46 USD per hour + Equity; Salary dependent on location
Commission-free stock trading platform
Job no longer available
Commission-free stock trading platform
1001+ employees
Job no longer available
Salary: $30.60 - $46 USD per hour + Equity; Salary dependent on location
1001+ employees
Company mission
To democratize finance for all.
Role
Who you are
- The successful candidate will be someone who is looking to contribute directly to the success and growth of our department and company
- Strong understanding of tax laws and regulations, as well as accounting principles
- Strong analytical, strong problem-solving skills and attention to detail in tax calculations and reporting identify tax calculations and reporting opportunities and risks
- Ability to work with financial data and utilize tax software and tools effectively
- Effective communication and interpersonal skills to collaborate with colleagues and external stakeholders
- Compliance with maintaining confidentiality of sensitive tax information
- Knowledge of where and how to research as well as resolve complex tax issues
- Strong oral and written communication skills
- Proven ability to work in an organized manner with the ability to manage time effectively to meet strict deadlines
- Advanced excel skills knowledge including v look ups, sumif and pivot tables
What the job involves
- As the Senior Payroll Tax Analyst, you will help with all aspects of payroll for over 2,400+ employees
- You will have the chance to serve as a key contributor on a strong team and to grow your understanding of both operational and technical payroll processes
- This position will report to the Senior Payroll Manager and work closely with our People team, Stock Admin team, Benefits team, as well as the Accounting team
- Ensure compliance with accurate and timely payroll tax reporting and withholding responsibilities
- Find solutions to payroll tax irregularities by gathering and analyzing data and performing modifications
- Establish tax requirements for items such as fringe benefits, deductions and earnings codes
- Conduct ongoing research on state and local tax laws, regulations and rulings to provide guidance and support for tax related decisions
- Collaborating with internal teams, external auditors, and tax authorities to address tax related matters and provide insights on tax implications for business decisions
- Collaborating with internal teams, external auditors, and tax authorities to address tax related matters and provide insights on tax implications for business decisions
Our take
For years, traditional brokers ruled the share trading realm, charging hefty fees that locked out everyday investors. Robinhood emerged as a disruptor, offering commission-free trading and opening the door to a new generation. Its innovative model thrives on premium features like increased buying power and extended trading hours, attracting a younger audience drawn to meme stocks like AMC and GameStop.
But Robinhood's not just about quick thrills. The company claims its mission lies in catering to "the unmet needs of the next generation," evidenced by its "Robinhood Retirement" launch, targeting gig-economy workers often excluded from financial planning. This commitment to accessibility aligns with its core values.
However, 2023 brought unexpected turbulence, as Robinhood became entangled in the FTX cryptocurrency exchange bankruptcy scandal when it emerged that the US Department of Justice seized hundreds of millions of dollars of the company's shares tied to FTX founder Bankman-Fried. Despite these challenges, Robinhood successfully bought back the missing stock, and its impact on democratizing finance remains undeniable.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 13 rounds)
Feb 2021
$2.4bn
CONVERTIBLE
Jan 2021
$1bn
LATE VC
Total funding: $5.6bn
Company benefits
- Well-being - Premium medical, dental, and vision insurance
- Family & home life - Parental leave, personal prosperity benefits
- Comfort & care - Annual lifestyle stipend
- Office life - Catered meals and fully stocked kitchen, commuter benefits
- Growth - Education and training, community events, career mentorships
Company HQ
Downtown Menlo Park, Menlo Park, CA
Leadership
Vlad Tenev
(Co-Founder)Studied Mathematics at Stanford University, where they met their fellow co-founder. Dropped out of a PhD to start Robinhood.
Baiju B.
(Co-Founder)Studied Mathematics and Physics at Stanford University, where they met their fellow co-founder.
Salary benchmarks
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