Senior Payroll Manager

As a Senior Payroll Manager at BitGo, your main responsibilities include overseeing the accurate and timely processing of payroll for all U.S. and Canada employees. You'll ensure compliance with payroll laws, handle employee inquiries, and manage payroll software operations. Additionally, you'll prepare important payroll reports for internal teams and administer employee benefits, making this role crucial for the smooth operation of payroll at BitGo.

To be considered for the Senior Payroll Manager position at BitGo, you should ideally have a Bachelor’s degree in accounting, finance, or human resources, along with over 10 years of payroll experience, including 4-5 years in a supervisory role. Proficiency in payroll software like ADP and strong knowledge of payroll laws are also essential for this role.

BitGo ensures compliance in payroll processing by adhering to federal, state, and local payroll laws and tax regulations. As the Senior Payroll Manager, you will oversee the preparation of payroll tax reports and conduct regular audits to maintain accuracy and compliance, ensuring our operations align with industry standards.

In your role as the Senior Payroll Manager at BitGo, you will primarily use ADP Workforce Now for payroll processing. Familiarity with this software and its capabilities will be beneficial as you ensure data integrity and implement improvements in the payroll system.

As a Senior Payroll Manager at BitGo, you can expect a competitive salary, bonus options, and stock options. Additionally, you will benefit from 100% company-paid health insurance, a 401K match, and paid parental leave, along with a vibrant startup environment and opportunities for professional growth.

Certainly! When answering this question, highlight your specific experiences with payroll management, detailing the systems you have worked with, such as ADP or Paychex. Discuss any challenges you overcame and how your contributions supported payroll accuracy and compliance.

To ensure accuracy in payroll processing, I implement a checklist system for verifying time sheets, deductions, and benefits, combined with regular audits of payroll data. I also emphasize clear communication with HR and staff to quickly resolve discrepancies.

My approach involves investigating discrepancies by reviewing all pertinent documentation and communicating directly with the employee involved. I ensure transparency and aim to resolve the issue promptly, fostering trust and accountability.

I stay updated by subscribing to relevant payroll and HR publications, attending industry conferences, and participating in online training. I believe that continuous learning is crucial to maintaining compliance and optimizing payroll processes.

In my previous role, I identified inefficiencies in the payroll batching process and implemented automation measures that reduced processing time by 30%. This not only improved accuracy but also allowed the team to dedicate more time to strategic initiatives.

Maintaining confidentiality is critical in payroll processing. I limit access to sensitive information to authorized personnel only, and I ensure that all payroll data is encrypted and stored securely, adhering to company policies and legal requirements.

I utilize tools like Microsoft Excel for payroll reporting and data analysis, along with any built-in reporting features of the payroll software. I emphasize visualizing data trends to drive decisions and identify areas for improvement.

I approach multi-state payroll processing by ensuring a thorough understanding of each state's tax regulations and labor laws. I maintain meticulous records and stay organized to ensure compliance across different jurisdictions.

I prioritize open communication and regular check-ins with HR and Finance teams to ensure we’re aligned on payroll-related matters. I also advocate for shared access to relevant data, promoting a collaborative environment that supports timely decision-making.

In my previous roles, I managed the administration of employee benefits directly within the payroll system, ensuring accurate deductions. I worked closely with HR for updates on enrollments and changes, which helped streamline operations and minimize discrepancies.