Senior Payroll Manager – Multi-State & Equity Focus

Ocular Therapeutix, Inc.; Bedford (MA); On-site; USD 125,000 - 135,000; Full time

Job summary

Ocular Therapeutix, Inc. in Bedford, MA, is seeking a Payroll Manager to oversee accurate, timely multi-state payroll for 320+ employees, covering salary, hourly wages, bonuses, and equity compensation.

The role partners with HR, Finance, and external vendors to ensure compliant payroll processing and reporting. The ideal candidate has 7–10+ years of payroll experience, strong attention to detail, ADP Workforce Now expertise, and solid knowledge of equity-based compensation and payroll tax

Qualifications

• 7-10+ years of payroll processing experience.
• Experience processing multi-state payroll in high growth environments.
• Proficiency with ADP Workforce Now (Preferred).
• Excellent attention to detail.
• Understanding of equity compensation payroll taxation (RSUs, ESPP, stock options) preferred.
• Exceptional mathematical and calculation skills.
• Strong verbal and written communication skills.
• Strong Microsoft Excel skills (e.g., VLOOKUP, PivotTables).
• Ability to partner with multi-disciplinary teams.
• Knowledge of payroll, garnishments and benefits distribution.
• Multitasking abilities.
• Good research and analysis skills.

Responsibilities

• Process and review semi-monthly (salary) and bi-weekly (hourly) multi-state payrolls for ~320+ employees using payroll system (ADP Workforce Now).
• Coordinate and process special payments (bonuses, equity, LOA).
• Coordinate and review monthly/quarterly reporting to governmental agencies (federal and state).
• Support payroll processing related to equity compensation including stock awards, option exercises, ESPP transactions.
• Collaborate with HR to ensure onboarding, offboarding and maintenance of employee compensation and initiate PTO.
• Support payroll audits and internal controls with documentation and reconciliations.
• Administer adding new employees, changes to master data, and terminations in ADP.
• Generate and analyze payroll reports to support Finance, HR, and audits.

Skills

Attention to detail

Multitasking

Communication skills

Mathematical skills

Excel proficiency

Payroll accuracy

Team collaboration

Tools

ADP Workforce Now

Job description

Ocular Therapeutix, Inc. in Bedford, MA, is seeking a Payroll Manager to oversee accurate, timely multi-state payroll for 320+ employees, covering salary, hourly wages, bonuses, and equity compensation.

The role partners with HR, Finance, and external vendors to ensure compliant payroll processing and reporting. The ideal candidate has 7–10+ years of payroll experience, strong attention to detail, ADP Workforce Now expertise, and solid knowledge of equity-based compensation and payroll tax