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Senior Payroll Analyst

Sword Health is on a mission to free two billion people from pain as the world’s first and only end-to-end platform to predict, prevent and treat pain. 


With 67% of members achieving a pain-free life and a 70% reduction in surgery intent, at Sword, we are using technology to save millions for our 25,000 enterprise clients across three continents. Today, we hold the majority of industry patents, win 70% of competitive evaluations, and have raised more than $300 million from top venture firms like Founders Fund, Sapphire Ventures, General Catalyst, and Khosla Ventures.


Recognized as a Forbes Best Startup Employer in 2024, this award highlights our focus on being a destination for the best and brightest  talent. Not only have we experienced unprecedented growth since our market debut in 2020,  but we’ve also created a remarkable mission and value-driven environment that is loved by our growing team. With a recent valuation of $3 billion, we are in a phase of hyper growth and expansion, and we’re looking for individuals with passion, commitment, and energy to help us scale our impact. 


Joining Sword Health means committing to a set of core values, chief amongst them to “do it for the patients” every day, and to always “deliver more than expected” on behalf of our members and clients.


This is an opportunity for you to make a significant difference on a massive scale as you work alongside 900+ (and growing!) talented colleagues, spanning three continents. Your charge? To help us build a pain-free world, powered by technology, enhanced by people — accessible to all.


Introduction:

As part of the Accounting Department, you will process payroll and oversee related financial controls over payroll for Sword Health in the United States. This includes for salaried employees paid twice a month and hourly employees paid biweekly.  This role requires a deep understanding of payroll functions and processes. Responsibilities include processing employee changes, generating reports, conducting audits to maintain system accuracy, booking payroll related journal entries and performing reconciliations. The ideal candidate should have strong payroll expertise, exceptional attention to detail, excellent organizational skills, and the ability to multitask effectively.


What you'll be doing:
  • Administer and analyze full scope payroll processing including review of information to be entered, input of payroll transactions, auditing of earnings, taxes, and deductions and providing payroll reporting to Finance and other colleagues regarding payroll reporting.
  • Leading federal, state and local tax compliance including performing routine tax reconciliations and processing filings; verifying all regulatory filings produced by vendors such as W-2s and 941s are accurate, and resolve any tax discrepancies or questions.
  • Staying updated on tax regulations to ensure compliance including researching new/changing regulations as it relates to payroll and working with internal partners and payroll vendors to handle regulations in the systems
  • Participating in the development and implementation of procedures/processes and reports related to payroll operations. Recommend enhancements to processes and programs to help automate and streamline tasks.
  • Oversight of payroll for our affiliate companies including auditing and compliance
  • Responding to reporting requests and audit materials as required
  • Acting as point of contact for employees, business partners and affiliates for payroll related questions
  • Work directly with various states on registering Sword’s different entities and resolving tax notices
  • Implement business processes associated with HR information management
  • Collaborate with fellow HR team members as well as finance to ensure accurate, timely and efficient processing of HR transactions
  • Discover efficiencies impacting HR data management and implement required process improvements
  • Partner with Information Technology, or consultants to identify and resolve any technical issues with the payroll system
  • Oversee functional testing for all HR systems fixes, maintenance and upgrades
  • Serves as the HR data expert


What you need to have:
  • University degree in finance or economics
  • 3+ years experience in Payroll function ideally running it yourself
  • A structural and logical approach to solving problems
  • Strong analytical skills and a hands on attitude
  • Experience within a fast growing organization
  • Great motivation and focus on delivery
  • Desire to handle accounting and reconciliations related to payroll
  • Experience dealing with states to resolve tax notices


Bonus Points or We'd Love to see:
  • Startup experience is preferred, ideally with international aspects


US - Sword Benefits & Perks:


• Comprehensive health, dental and vision insurance*

• Life and AD&D Insurance*

• Financial advisory services*

• Supplemental Insurance Benefits (Accident, Hospital and Critical Illness)*

Health Savings Account*

• Equity shares*

• Discretionary PTO plan*

• Parental leave*

• 401(k)

• Flexible working hours

• Remote-first company

• Paid company holidays

• Free digital therapist for you and your family


*Eligibility: Full-time employees regularly working 25+ hours per week


Note: Applicants must have a legal right to work in the United States, and immigration or work visa sponsorship will not be provided.



SWORD Health, which includes SWORD Health, Inc. and Sword Health Professionals (consisting of Sword Health Care Providers, P.A., SWORD Health Care Providers of NJ, P.C., SWORD Health Care Physical Therapy Providers of CA, P.C.*) complies with applicable Federal and State civil rights laws and does not discriminate on the basis of Age, Ancestry, Color, Citizenship, Gender, Gender expression, Gender identity, Gender information, Marital status, Medical condition, National origin, Physical or mental disability, Pregnancy, Race, Religion, Caste, Sexual orientation, and Veteran status.

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CEO of Sword Health
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Virgilio Bento
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What You Should Know About Senior Payroll Analyst, Sword Health

Sword Health, a pioneering leader on a mission to free two billion people from pain, is excited to welcome a dedicated Senior Payroll Analyst to our dynamic Accounting Department in the United States. In this role, you will be at the heart of our operations, ensuring that our employees, whether salaried or hourly, receive their hard-earned pay accurately and on time. You'll leverage your deep expertise in payroll functions to handle everything from processing employee changes to conducting audits that ensure our systems run smoothly. As a key player, you will lead federal, state, and local tax compliance, performing routine reconciliations, and resolving any tax-related discrepancies. Your attention to detail will help maintain accuracy in payroll reports that you’ll share with Finance and other teams. At Sword Health, we pride ourselves on being innovative; thus, your input in refining and automating payroll processes will be instrumental as we continue our hyper growth phase. Plus, with the responsibility of overseeing payroll for our affiliate companies, you will help us break new ground in delivering exceptional service to our 25,000 clients. Join us, where your efforts can contribute to building a pain-free world powered by technology. If you’re organized, analytical, and thrive in a fast-paced environment, we want to hear from you!

Frequently Asked Questions (FAQs) for Senior Payroll Analyst Role at Sword Health
What are the responsibilities of a Senior Payroll Analyst at Sword Health?

As a Senior Payroll Analyst at Sword Health, your primary responsibilities include administering payroll processing, performing tax compliance, and conducting audits to maintain payment accuracy. This role involves generating payroll reports for Finance, collaborating with HR and IT, and ensuring regulatory compliance across various states, as well as enhancing processes for efficiency.

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What qualifications do I need to become a Senior Payroll Analyst at Sword Health?

To qualify for the Senior Payroll Analyst position at Sword Health, you should possess a university degree in finance or economics and have at least 3 years of payroll experience, ideally in a fast-growing organization. Strong analytical skills, attention to detail, and hands-on problem-solving abilities are essential for success in this role.

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How does the Senior Payroll Analyst role at Sword Health contribute to the company's mission?

The Senior Payroll Analyst plays a crucial role in Sword Health's mission by ensuring that all employees receive accurate and timely compensation for their work. By handling payroll seamlessly, this position allows team members to focus on their contributions to creating a pain-free world through innovative healthcare solutions.

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What benefits are offered to Senior Payroll Analysts at Sword Health?

Sword Health offers a comprehensive benefits package for Senior Payroll Analysts, including health, dental, and vision insurance, life insurance, equity shares, flexible working hours, and a discretionary PTO plan. These perks reflect our commitment to supporting our employees' health and well-being while maintaining a conducive work environment.

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What type of company culture can a Senior Payroll Analyst expect at Sword Health?

At Sword Health, the culture is vibrant, innovative, and dedicated to making a significant difference. As a Senior Payroll Analyst, you will be part of a passionate team focused on delivering exceptional results while embracing our core values, which center around doing it for the patients and consistently exceeding expectations.

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Common Interview Questions for Senior Payroll Analyst
How do you ensure payroll accuracy in your previous roles?

To ensure payroll accuracy, I implement a systematic approach that involves double-checking data entry, conducting regular audits, and adhering to compliance regulations. I also leverage technology tools to track discrepancies and handle them proactively.

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Can you describe your experience with payroll tax compliance?

In my previous roles, I have managed payroll tax compliance by performing routine reconciliations and ensuring timely filing of tax documents like W-2s and 941s. Staying updated on regulations has been crucial to avoid discrepancies.

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What payroll software are you proficient in?

I am proficient in several payroll software systems, including ADP and Paychex. I have also worked on automated systems that streamline the payroll process, increasing efficiency and accuracy.

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How do you handle discrepancies in payroll?

When faced with payroll discrepancies, I assess the situation by reviewing the payroll records comprehensively. Communication is key; I reach out to the concerned employees or departments to clarify issues before making necessary adjustments.

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Describe a time you improved payroll processes.

In my last position, I noticed inefficiencies in manual entry processes, which led to delays. I proposed an electronic time tracking system, which streamlined our data entry and reconciliations, reducing processing time by over 30%.

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How do you stay updated with payroll regulations?

I subscribe to payroll and HR compliance newsletters, attend webinars, and participate in local payroll associations. This commitment helps me stay current and to implement necessary changes in our payroll practices.

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What strategies do you use for time management in payroll processing?

I prioritize tasks based on urgency and importance, setting specific deadlines for each payroll cycle's completion. I also allocate time for reviews and audits to ensure nothing is overlooked.

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How do you handle payroll-related inquiries from employees?

I approach payroll inquiries with empathy and clarity. I ensure that I understand the employee's concern and respond with accurate information, following up as needed to resolve any issues.

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Can you give an example of handling sensitive payroll data?

I understand the importance of confidentiality in payroll data. In my previous job, I ensured our payroll information was stored securely and accessed only by authorized personnel, complying strictly with data protection regulations.

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What motivates you in the payroll field?

I am motivated by the ability to contribute to employees' financial well-being. Ensuring they receive timely compensation inspires me, knowing my work facilitates their financial security and satisfaction at work.

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Sword Health is a healthcare company that aims to free 2 billion people from pain by creating the first and only end-to-end global platform to prevent, manage, and treat pain while saving clients millions in healthcare costs.

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Full-time, remote
DATE POSTED
March 8, 2025

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