Payroll Analyst

Chicago Trading Company; Chicago (IL); Hybrid; USD 90,000 - 110,000; Full time

Benefits offered by this job

Generous time off

Insurance coverage

Parental leave

Free breakfast and lunch

Job summary

Chicago Trading Company (CTC) is seeking a Payroll Analyst to join our collaborative Payroll Team. You will ensure accurate and timely processing, reporting, and support for all payroll-related functions for 600+ employees including expats, across multiple states.

Strong technical and interpersonal skills are essential to maintain data integrity and partner with Tax and Accounting teams. The role offers a hybrid work model in Chicago, with a focus on payroll compliance, process improvement, and

Qualifications

• At least three years of payroll experience, including direct payroll processing.
• Solid understanding of payroll accounting, state and local payroll taxes and compliance requirements.
• Top-notch communication, analytical, and problem-solving skills.
• Meticulous attention to detail and strong organization, prioritization and time management skills.
• Hands-on proficiency with payroll platforms.

Responsibilities

• Prepare and process semi-monthly US payroll for over 600 employees and expats across multiple states
• Review UK and Netherlands monthly payroll, including monthly pension submission and tax payments in coordination with local firms
• Assist with quarterly and annual tax filings for Federal, State and Local agencies
• Monitor and respond to employee and external inquiries with a strong service-oriented approach
• Continuously and proactively implement process improvements and controls to ensure data integrity and minimize errors
• Partner with Accounting and Tax teams for payroll account and G/L reconciliations, audit inquiries and reporting

Skills

Payroll processing

Excel

Communication skills

Analytical thinking

Time management

Education

Certified Payroll Professional (CPP)

Tools

Payroll platforms

Job description

Chicago Trading Company (CTC) is a premier proprietary trading firm specializing in options market making. Our collaborative culture fuels innovation in quantitative research, systematic trading strategies, and cutting-edge trading technology. For over three decades CTC has provided critical liquidity across derivatives exchanges worldwide - making them fairer, more transparent, and more efficient.

We strive to be the most innovative firm in the industry today, tomorrow, and long into the future while upholding ethical excellence. We believe that CTC makes a positive impact on the markets, the lives of our employees, and all the communities to which we belong. Started in 1995 by a team of forward-thinking Traders, we are proud to call ourselves an industry leader that keeps making markets and each other better.

Payroll Analyst

Chicago Trading Company (CTC) helps the world price and manage risk. We pride ourselves on our strong values, our entrepreneurial spirit, and our commitment to doing the right thing. Our culture is highly collaborative across traders, quants, technologists and development teams who work together to solve the toughest problems our markets have to offer. We strive to make a positive impact on our industry, the lives of our employees, and the communities to which we belong.

Are you a hands-on payroll professional with keen attention to detail who thrives at critical thinking and problem solving? We are looking for a motivated and analytical individual with strong technical and interpersonal skills to join our Payroll Team! As a Payroll Analyst, you will ensure the accurate and timely processing, reporting, and support for all payroll related functions. Excellent communications skills, both written and oral, are essential for this role. You’ll play a key role in maintaining the policies and procedures to ensure seamless information flow between Human Capital Management, Tax, Payroll, and the rest of the Finance team.

Responsibilities

• Prepare and process semi-monthly US payroll for over 600 employees and expats across multiple states
• Review UK and Netherlands monthly payroll, including monthly pension submission and tax payments in coordination with local firms
• Assist with quarterly and annual tax filings for Federal, State and Local agencies
• Monitor and respond to employee and external inquiries with a strong service-oriented approach
• Continuously and proactively implement process improvements and controls to ensure data integrity and minimize errors
• Partner with Accounting and Tax teams for payroll account and G/L reconciliations, audit inquiries and reporting

Qualifications

• At least three years of payroll experience, including direct payroll processing
• Solid understanding of payroll accounting, state and local payroll taxes and compliance requirements
• Top notch communication, analytical, and problem-solving skills
• Meticulous attention to detail and strong organization, prioritization and time management skills
• Ability to exercise discretion when dealing with highly confidential information
• Hands-on proficiency with payroll platforms
• Advanced Excel skills
• Certified Payroll Professional (CPP) designation preferred
• Legal authorization to work in the U.S. is required. We will not sponsor individuals for employment authorization for this job opening.

Compensation

The salary range for this role is listed below. This role is also eligible for an annual discretionary bonus. The discretionary bonus will be dependent upon the individual’s skills, experience, qualifications, and firm performance.

Salary Range

$90,000—$110,000 USD

Most teams at CTC, with the exception of Trading, follow a hybrid workplace model, subject to change based on business need.

Our Benefits

We strongly believe in the well-being of our employees and their families so we offer outstanding benefits to support you both professionally and personally. These benefits include generous time off, insurance coverage, paid parental leave, free breakfast and lunch (plus healthy snacks, of course), wellness reimbursement, and a variety of other benefits focused on providing the best employee experience.

Disclaimer: interns and contractors are not eligible for benefits at CTC

Our Commitment to Diversity, Equity and Inclusion

At CTC, we aim to cultivate a workplace that celebrates diversity and each person feels included, engaged and empowered. Where each of us feels we belong. We are committed to having a diverse workforce and are proud to be an equal opportunity employer. CTC does not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment.

If you have a disability and believe you need a reasonable accommodation in order to search for a job opening or to apply for a position, please contact us at [e-mail]. Note that emails sent to this email account for non-disability related issues, such as following up on an application, will not receive a response.

Use of Artificial Intelligence (AI)

Information submitted by job applicants may be subject to review and analysis by automated systems, including Artificial Intelligence (AI), as part of the recruitment process. Such systems are utilized to enhance the efficiency and effectiveness of our hiring procedures. Applicants are advised that any information provided may be evaluated by AI tools to ensure an equitable and thorough assessment.

Compensation

The salary range for this role is listed below. This role is also eligible for an annual discretionary bonus. The discretionary bonus will be dependent upon the individual’s skills, experience, qualifications, and firm performance.