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Payroll Supervisor

About Commonwealth Fusion Systems: 


Commonwealth Fusion Systems is on a mission to deliver the urgent transition to fusion energy.


Combining decades of research, top talent and new technologies, we’re designing and building commercially viable fusion power plants. And working with policymakers and suppliers to build the energy industry of the future. 


We’re in the best position to make it happen. Since 2018, we’ve raised over $2 billion in capital – more than any other fusion energy company in the U.S.


Now we’re looking for more thinkers, doers, builders, and makers to join us. People who’ll bring new perspectives, solve tough problems, and thrive as part of a team. 


If that’s you and this role fits, we want to hear from you.


Join the power movement as a Payroll Supervisor


The payroll supervisor will be the point person and primary coordinator of our US-based exempt and non-exempt payrolls, to ensure accurate and timely execution of payroll for our employees. This role reports to our Payroll Manager as part of our Accounting department. Duties include:

- Overseeing and participating actively in completing all the work of each period’s payroll, including reviewing bi-weekly timecards for discrepancies, reviewing all new hires and change reports to ensure accurate payroll, coordinating with our People Ops team and with employees to resolve questions and issues, and addressing other payroll-related matters as they arise;

- Ensuring compliance with our 401k program;

- Taking the lead on process improvements, including, when needed, changes with UKG; and,

- Assisting with general ledger posting and reconciliation of payroll within the accounting system.


Our organization is growing very quickly, and the right candidate will show an aptitude for building procedures, documentation, and internal controls to support the business as we scale up.


In addition, the right candidate will recognize and embrace active, timely and clear communication with employees about payroll-related matters.


What you'll do:
  • Supervise the team executing each period’s payrolls
  • Be capable of executing all the elements of payroll:
  • Process payroll timely with very minimal/no errors; Execute a variety of computations and adjustments involving gross pay, voluntary deductions, retirement system contributions, statutory withholdings, and leave adjustments;
  • Audit payroll timecards; verifying accuracy and completeness of information; conduct final payroll inspection for approvals/errors prior to payroll run
  • Monitor and maintain knowledge of current federal, state and local laws and statutes applicable to payroll and keeping the company compliant with tax filings, remittances and reporting    
  • Set up and properly code payroll transactions and retirement contributions to ensure proper recording and reporting of transactions; Make changes to employee payroll records as necessary
  • Serve as subject matter expert on payroll, procedures, and processes
  • Assist in year-end closing procedures, which may include but are not limited to calculating and posting payroll-related accruals
  • Assist external auditors by providing supporting documentation and other information required for audit and financial reporting
  • Provide great customer service and clear communication for all payroll-related inquiries from employees, managers and/or People Ops
  • Perform related duties and responsibilities as required


What we’re looking for:
  • Bachelor’s degree in Business Administration or Economics preferred.
  • 8-10 years of experience working with complex payrolls and maintaining payroll records
  • Experience supervising other employees
  • Technical payroll capabilities:
  • Strong data analysis, detail oriented, well organized, able to prioritize work and proficiency in Excel
  • Ability to multitask effectively, efficiently perform duties and meet deadlines
  • Ability to read, understand, and complete technical forms and financial reports
  • Knowledge of federal and state employment laws relating to key areas of responsibility
  • Willingness to establish and maintain effective working relationships, within the culture of the organization
  • Strong written and oral communication skills is required
  • Ability to work well with others and remain calm under stressful circumstances
  • Exceptional communication skills
  • Have an understanding of what constitutes confidentiality, how to maintain confidentiality, as well as its limitations
  • Have a passion for helping people and always trying to do the right thing for employees and the organization
  • Demonstrate the ability to learn quickly and understand specific tasks, their purpose, and how they fit into the “big picture”
  • Productively work independently as well as collaboratively
  • Have a genuine interest about all aspects of payroll, retirement, prepaid expenditures, elective reimbursement, employee reimbursements and deductions, and accruals 


Bonus points for:
  • Experience with UKG Pro


Must-have requirements:
  • Willingness to travel to CFS locations for accounting busy periods and deadlines


$80,000 - $180,000 a year
Salary range for this full-time position + equity + benefitsThe actual salary will depend on level, location, qualifications, and experience. The range displayed on each job posting reflects new hire salaries for the position across all US locations. Benefits include:
•  Competitive compensation with equity
•  12.5 Company-wide Holidays
•  Flexible vacation days
•  10 sick days
•  Generous parental leave policy
•  Health, dental, and vision insurance
•  401(k) with employer matching
•  Professional growth opportunities
•  Team-building activities

#LI-Remote



At CFS, we excel in fast-paced environments, driven by our values of integrity, execution, impact, and self-critique. As we grow, we’re eager to bring on mission-driven folks who offer diverse perspectives and fresh ways to tackle challenges.


We value diversity deeply and are proud to be an equal opportunity employer by choice. We consider all qualified applicants equally, regardless of race, color, national origin, ancestry, citizenship status, protected veteran status, religion, physical or mental disability, marital status, sex, sexual orientation, gender identity or expression, age, or any other basis protected by law.

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Average salary estimate

$130000 / YEARLY (est.)
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$80000K
$180000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Payroll Supervisor, Commonwealth Fusion Systems

Join Commonwealth Fusion Systems, a pioneer in the fusion energy sector, as a Payroll Supervisor in Devens, MA! In this exciting role, you will be the driving force behind the accurate and timely payroll execution for our US workforce. Reporting to the Payroll Manager within the Accounting department, you'll oversee and actively participate in processing both exempt and non-exempt payrolls. Your daily tasks will include reviewing bi-weekly timecards for discrepancies, coordinating with our People Ops team to resolve employee inquiries, and ensuring compliance with our 401k program. We aim to improve processes continually, so your initiative in implementing enhancements—especially with tools like UKG—will be highly valued. Additionally, you’ll assist in maintaining payroll records and general ledger reconciliation, ensuring that our operations are financially sound as we rapidly scale. We’re seeking a candidate who's not just detail-oriented, but also a clear communicator who embraces collaboration. With responsibilities such as auditing timecards, monitoring payroll-related laws, and serving as a subject matter expert, this role is pivotal in fostering a supportive environment for our employees. Join us in delivering the future of energy at Commonwealth Fusion Systems—where your skills will help shape a better tomorrow. Your journey begins here with an attractive salary range of $80,000 to $180,000 annually, complemented by equity and a comprehensive benefits package.

Frequently Asked Questions (FAQs) for Payroll Supervisor Role at Commonwealth Fusion Systems
What are the main responsibilities of a Payroll Supervisor at Commonwealth Fusion Systems?

As a Payroll Supervisor at Commonwealth Fusion Systems, you will oversee the execution of payroll processes, manage the review of bi-weekly timecards, coordinate with the People Ops team to address employee inquiries, and ensure compliance with payroll-related regulations, including our 401k program. Your role will also involve implementing process improvements and providing exceptional customer service.

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What qualifications are needed for the Payroll Supervisor position at Commonwealth Fusion Systems?

Candidates for the Payroll Supervisor role at Commonwealth Fusion Systems are typically required to have a Bachelor’s degree in Business Administration or Economics, along with 8-10 years of experience managing complex payroll systems. Experience in supervising employees, strong analytical skills, and proficiency in tools like Excel are also essential for success in this role.

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How does the Payroll Supervisor at Commonwealth Fusion Systems contribute to team communication?

Effective communication is critical for a Payroll Supervisor at Commonwealth Fusion Systems. You will be responsible for ensuring that employees receive timely and clear information regarding payroll matters. This involves fostering a culture of transparency and supporting the team through any payroll-related inquiries, creating a positive employee relationship.

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What are the expected salary and benefits for a Payroll Supervisor at Commonwealth Fusion Systems?

The salary range for a Payroll Supervisor at Commonwealth Fusion Systems is between $80,000 and $180,000 per year. This competitive compensation package also includes equity, flexible vacation days, health insurance, 401(k) with employer matching, and generous parental leave policies, fostering a supportive work environment.

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What experience with payroll systems is beneficial for the Payroll Supervisor role at Commonwealth Fusion Systems?

Experience with payroll systems, particularly UKG Pro, is highly beneficial for the Payroll Supervisor role at Commonwealth Fusion Systems. A strong understanding of federal and state employment laws relating to payroll, as well as the ability to multitask and ensure accuracy in payroll records, will significantly contribute to your effectiveness in this position.

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Common Interview Questions for Payroll Supervisor
Can you explain your experience managing payroll processes?

When addressing your experience with payroll processes, focus on specific tasks you have managed, such as processing payroll for multiple teams and reviewing timecards for accuracy. Highlight your ability to ensure compliance with payroll regulations and any systems you’ve used like UKG, as well as how you resolved discrepancies.

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How do you stay updated on payroll laws and regulations?

To answer this question effectively, discuss your methods for staying informed about the latest federal, state, and local payroll laws. This could include subscribing to industry newsletters, joining professional organizations, and attending workshops or seminars. Your proactive approach to compliance is crucial.

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Describe a time you improved a payroll process.

Share a specific instance where you identified inefficiencies in a payroll process and implemented a solution. Discuss the steps you took, the changes made, and the positive outcomes that resulted, emphasizing how this experience aligns with commonwealth fusion systems' culture of improvement.

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How do you ensure accuracy when processing payroll?

In your response, explain the steps you take to ensure accuracy, such as conducting audits of timecards, cross-referencing data, and implementing checks throughout the payroll process. Highlight how you communicate effectively with your team and utilize tools to catch errors before finalizing payroll.

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What strategies do you use to communicate payroll information to employees?

Discuss your approach to clear and effective communication regarding payroll matters. You can reference methods like using newsletters, team meetings, and one-on-one discussions to ensure employees feel informed and supported, thereby fostering a positive work environment.

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How do you handle payroll discrepancies reported by employees?

Explain your process for addressing payroll discrepancies, including your communication strategy, investigation methods, and how you ensure timely resolution. Emphasize your commitment to transparent communication and maintaining employee trust.

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What tools have you used for payroll management?

When discussing payroll tools, mention any specific software you have experience with, such as UKG Pro or similar systems. Share how these tools have helped streamline payroll processes and increase accuracy, particularly in a fast-paced environment.

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How do you prioritize tasks during a busy payroll period?

To answer this question, provide examples of how you manage competing priorities during payroll cycles. Detail your organizational methods, such as creating checklists or timelines, and effective delegation to ensure all responsibilities are handled efficiently.

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Describe your experience working with a team in payroll.

Discuss your previous experiences with teamwork in payroll roles, emphasizing collaborative efforts among different departments. Illustrate how you fostered team communication and worked together to achieve common payroll goals.

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What steps do you take to maintain confidentiality in payroll?

It's vital to convey your understanding of confidentiality in payroll processes. Explain the practices you follow to protect sensitive employee information, such as limiting access to payroll data and following company policies regarding confidentiality.

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DATE POSTED
March 12, 2025

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