Senior Payroll Analyst, Chime
$92.5-128.6k
+ Bonus + Equity package
3 days a week in office
Mobile banking for the everyday person
Job no longer available
Mobile banking for the everyday person
1001+ employees
Job no longer available
$92.5-128.6k
+ Bonus + Equity package
3 days a week in office
1001+ employees
Company mission
To make financial peace of mind a reality for millions of everyday people.
Role
Who you are
- Minimum 5 years of payroll experience, including 3 years of Workday Payroll experience
- ADP Smart Compliance experience plus
- CPP or FPC certification preferred
- Ability to work in a fast-paced environment
- Experience maintaining confidentiality and data privacy
- Cooperation and the ability to collaborate in a team, including cross-functional teams
- Strong time management with the ability to meet deadlines and work independently
- Strong proficiency in Microsoft Excel
What the job involves
- Chime is seeking a Senior Payroll Analyst to join our dynamic team in the San Francisco office
- In this role, you will collaborate closely with the Payroll team to prepare, analyze, and process payroll for Chime employees
- You will work closely with the People & Benefits team, execute payroll processing using Workday and ADP
- You will also oversee compliance with federal, state, and local payroll regulations, employee inquiries and onboarding/offboarding process
- Expert knowledge of payroll methods, touch points, end-to-end processing steps, best practices, and tax filing; up-to-date knowledge of federal, state, and local wage and hour laws
- Process & analyze payrolls including validating data in payroll system (i.e., wages, deductions, time sheets, tax adjustments etc.) to identify and reconcile payroll discrepancies
- Responsible for accurate year-end payroll and W-2 processing and government reporting
- Process Semi-monthly US and Canada payroll using Workday Payroll, and ensuring accuracy, compliance, and timeliness
- Process off-cycle payments for final paychecks, and other payments
- Validate benefit-related data audits each payroll cycle for US & Canada
- Fund and reconcile benefit contributions such as 401(k),RRSP, FSA, HSA and commuter benefits
- Responsible for quarterly and annual payroll tax balancing, corrections, and investigating tax notices
- Prepare journal entries related to payroll transactions and accruals
- Maintain reconciliation for payroll GL accounts
- Provide scheduled regular and ad-hoc payroll reports to various internal departments
- Audit and maintain payroll tax records
- Timely response to payroll inquiries from employees and partners
- Support the team for the internal and external audits
- Ensure compliance with policies, regulations, wage tax laws, segregation of duties, SOX and other federal and state legislation impacting payroll
- Collaborate with our people team and provide system support on process improvements and projects
Our take
Chime is part of the growing realm of fintech banks and providers, emphasizing straightforward, cost-effective banking solutions. It cuts the expenses tied to basic bank accounts and provides users with greater autonomy in managing their finances.
In contrast to many traditional banks that levy steep fees and hefty penalties for overdrafts while offering meager interest rates on savings, Chime addresses a crucial gap in the banking sector. Its primary focus is on catering to individuals with modest savings who seek the convenience of automated digital banking.
With a remarkable ascent in its trajectory, Chime's current valuation stands at $25.5B, a staggering $23.5B surge from its early 2019 valuation, underscoring its impressive and swift expansion. However, competition remains fierce, with other neobanks like Ally offering similar features and vying for the same customer base.
Freddie
Company Specialist at Welcome to the Jungle
Insights
0% employee growth in 12 months
Company
Funding (last 2 of 9 rounds)
Aug 2021
$750m
SERIES G
Sep 2020
$485m
SERIES F
Total funding: $2.0bn
Company benefits
- Physical: We believe in taking care of your physical health, so as a Chimer you’ll get medical, dental, and vision insurance, as well as benefits to support your physical activity, family planning, and all of your little Chimers
- Emotional: We know that staying healthy involves a lot more than doctor’s checkups. We partner with Modern Health to help you navigate your mental health, give monthly Take Care of Yourself Days, and want you to take time off when you need it
- Financial: We want Chimers to save and feel financially supported, so we offer savings plans with competitive matching, as well as access to financial planning and legal assistance so that you can find your financial peace of mind
- Social: We’ll celebrate your milestones together with travel stipends, swag, and high-fives and make sure you’re connected to fellow Chimers through our Chime Resource Groups (CRGs) and company events
Company HQ
Nob Hill, San Francisco, CA
Leadership
Chris Britt
(Co-Founder & CEO)Chris worked as an Accenture Management Consultant for 4 years before roles at CMGI, Comscore Networks, and Visa. They left their position as an SVP of Corporate Development at Green Dot Corporation to co-found Chime in November 2012.
Ryan King
(Co-Founder)Ryan worked at Plaxo for 8 years, first as Lead Engineer and then working their way up to VP of Engineering & COO. They went on to be CTO & Vice President at Comcast Silicon Valley Innovation Centre before co-founding Chime.
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