Payroll & Benefits Specialist

Vctavern; Cambridge (MA); On-site; USD 65,000 - 90,000; Full time

Job summary

Generate Biomedicines, Cambridge, MA-based therapeutics company, is seeking a Payroll & Benefits Specialist to oversee semi-monthly payrolls, benefits processing, and related audits.

You will be the subject matter expert for ADP systems, payroll onboarding/offboarding, and benefits administration, ensuring accuracy and compliance across our workforce.

Qualifications

• Bachelor’s Degree or equivalent.
• Prior payroll and benefits experience required.
• ADP experience preferred.
• Prior equity plan administration preferred.

Responsibilities

• Process payrolls for hourly, salaried, and temporary employees; including reviewing, administering regulatory requirements, and other adjustments to pay as necessary.
• Implement and maintain payroll best practices to improve efficiency and consult with People and Culture to improve payroll and benefits processes.
• Responsible for payroll onboarding and off-boarding, including training employees on ADP set up, inputting new hires to ADP, off-boarding departing FTEs, and acting as primary contact for tax elections questions
• Maintain employee records in payroll/benefits systems.
• Produces scheduled and ad-hoc reports pertaining to payroll and human resources requirements.

Skills

Payroll processing

Benefits administration

ADP

Equity plan administration

Education

Bachelor’s Degree or equivalent

Job description

About Generate Biomedicines

Generate Biomedicines is a new kind of therapeutics company – existing at the intersection of machine learning, biological engineering, and medicine – pioneering Generative Biology™ to create breakthrough medicines where novel therapeutics are computationally generated, instead of being discovered. Generate has built a machine learning-powered biomedicines platform with the potential to generate new drugs across a wide range of biologic modalities. This platform represents a potentially fundamental shift in what is possible in the field of biotherapeutic development.

We pursue this audacious vision because we believe in the unique and revolutionary power of generative biology to radically transform the lives of billions, with an outsized opportunity for patients in need. We are seeking collaborative, relentless problem solvers that share our passion for impact to join us!

Generate was founded in 2018 by Flagship Pioneering and has received over $420 million in funding, providing the resources to rapidly scale the organization. The Company has offices in Cambridge, Somerville, and Andover with approximately 150 employees.

The Role:

The Payroll & Benefits Specialist administers the activities relating to the company payroll, benefits processing including developing, implementing, and monitoring (e.g., performing internal audit and control procedures to ensure that all wages and taxes are accurate). The individual will be the company’s subject matter expert with all semi-monthly payrolls, and benefits administration.

Payroll Duties And Responsibilities

• Process payrolls for hourly, salaried, and temporary employees; including reviewing, administering regulatory requirements, and other adjustments to pay as necessary.
• Implement and maintain payroll best practices to improve efficiency and consult with People and Culture to improve payroll and benefits processes.
• Responsible for payroll onboarding and off-boarding, including training employees on ADP set up, inputting new hires to ADP, off-boarding departing FTEs, and acting as primary contact for tax elections questions
• Maintain employee records in payroll/benefits systems.
• Produces scheduled and ad-hoc reports pertaining to payroll and human resources requirements.

Benefits Reponsibilities

• Administer all employee benefit programs including enrollments, terminations, and some cobra administration.
• Reports results of audits to ensure all enrollments are accurate and that dependent information is correct for each employee and assists with quarterly and year end audits for year-end processing (payroll, 401k, benefits).
• Potential to administer equity plan

Qualifications

• Bachelor’s Degree or equivalent
• Prior payroll and benefits experience required
• ADP experience preferred
• Prior equity plan administration preferred

Important COVID-19 Guidance

Generate Biomedicines has a mandatory vaccination policy for COVID-19. All employees must be fully vaccinated, including having received a booster. In accordance with our duty to provide and maintain a workplace that is free of known hazards, this policy is to safeguard the health of our employees, their families, and the community at large from infectious disease that may be reduced by vaccinations.

Flagship Pioneering and our ecosystem companies are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status.

COVID Safety:

Generate Biomedicines enforces a mandatory vaccination policy for COVID-19. All employees must be fully vaccinated and have received a booster. The purpose of this policy is to safeguard the health of our employees, their families, and the community at large from infectious disease that may be reduced by vaccinations. The company will make exceptions to this policy if required by applicable law and will consider requests for an exemption from this policy due to a medical reason, or because of a sincerely held religious belief, or any other exemptions that may be recognized by applicable law.

Recruitment & Staffing Agencies:

Flagship Pioneering and its affiliated Flagship Lab companies (collectively, “FSP”) do not accept unsolicited resumes from any source other than candidates. The submission of unsolicited resumes by recruitment or staffing agencies to FSP or its employees is strictly prohibited unless contacted directly by Flagship Pioneering’s internal Talent Acquisition team. Any resume submitted by an agency in the absence of a signed agreement will automatically become the property of FSP, and FSP will not owe any referral or other fees with respect thereto.