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Payroll Specialist

  • 0 yrs
  • Not Disclosed

Job Description

Anzu Partners is an investment firm that focuses on industrial and life science technology companies with the potential to transform their industries. We team with entrepreneurs to develop and commercialize technological innovations by providing capital and deep expertise in business development, market positioning, global connectivity, and operations.


Anzu manages ~$550 million in capital commitments and we have developed a robust team of investment professionals, technical specialists, and operational support to drive results for our 25+ portfolio companies. In 2016, we launched Anzu Industrial Capital Partners, our first venture equity fund, to invest in North American-based private industrial technology companies with approximately $128m in committed capital.  In 2019, we launched our second industrial and life science technology fund, Anzu Industrial Capital Partners II, with $190m in committed capital and an expanded set of institutional investors.  In early 2020, we launched our growth capital fund, Anzu RBI Preferred Mezzanine and became a Registered Investment Advisor (RIA) with the Securities and Exchange Commission (SEC). In March of 2021 Anzu raised $420m in an Initial Public Offering of a SPAC, and we are now targeting companies that make transformative technologies with industrial applications.


While Anzu Partners focuses primarily on the United States and Canada, we have invested in companies with substantial operations in Singapore and Australia. Our portfolio includes companies that have achieved breakthroughs in the physical sciences, such as developing the first high-powered blue-wavelength laser for no-spatter welds, and the life sciences, such as receiving the first FDA approval for a blood test for concussion.  Our companies deliver strong returns for our investors, whether through public listing via IPO or acquisition by larger industrial players such as Siemens, and drive discoveries that improve our world.


Anzu Partners has offices in Boston, MA, San Diego, CA, Washington, DC and Tampa, FL. 


We are looking for a Payroll professional to join our People Operations team. Our People Operations team aims to deliver 100% error-free, on-time, compliant, and auditable payrolls to our employees. As we grow, it is essential that we develop automated and scalable processes to deliver these results to an expanding number of stakeholders.


About the role


We are seeking a tech savvy, customer-focused Payroll professional who is results-oriented, has a successful record of delivering high-quality and timely results, and ability to work in a fast-paced and multi-tasking environment. The successful candidate will have strong knowledge with payroll, developed understanding of payroll legislation and guidelines, and will bring a focus on reducing manual processes to the team.


The People Operations team works closely with the Investment team at Anzu and the occupant of this role will have an opportunity to learn about the inner workings of a growing VC firm. We strive to offer many opportunities for learning and development, including an annual stipend for tuition reimbursement.


 Key activities include:



  • Process payroll for multiple entities (with employees in multiple states and Canada) for hourly, salaried, and temporary employees, including entry of timesheets, and reviewing and confirming updates/changes (new hires, terminations, salary changes, vacation, benefits adjustments) for companies with varying payroll schedules.  

  • Play a key role in enhancing our payroll software via API to other carrier connections with emphasis on automation, integration and data transparency.

  • Streamline and redesign internal payroll auditing and reconciliation process; develop an automated, user-friendly process to audit each payroll prior to processing to ensure 100% accuracy and eliminate human errors.

  • Ensure data accuracy and conduct data entry for ancillary benefit systems

  • Assist with the improvement and/or development, documentation, and implementation of policies and procedures consistent with payroll best practices.

  • Set up and maintain state and federal tax accounts for payroll processing; monitor and audit state tax deductions to ensure accuracy.

  • Provide monthly payroll reports and required supporting information to accounting for financial reporting.

  • Provide detailed payroll reporting for regulatory, grant, loan, audit, or other ad hoc reporting as required.

  • Supports preparation for annual and ad-hoc audits (i.e. Workers comp, 401k, etc.)

  • Manage benefit election payroll integration including health and welfare, 401k, parking, etc. ensuring that employee deductions, enrollments, and changes are accurately accounted for and processed.

  • Other duties as assigned.


Qualifications


We are looking for a technically astute individual who has end-to-end experience with payroll administration and process improvement. We are eager to hire someone who is proactive and forward thinking. The ideal candidate has a good sense of humor and enjoys working hard. While we have active lives outside of the office, we’re dedicated to our work and each other, and do whatever it takes to get the job done.



  • Bachelor’s degree

  • 3+ years’ experience in payroll

  • Experience with Zenefits or similar next-gen payroll/HRIS

  • Advanced Microsoft excel skills

  • Strong attention to detail and desire to work in a metrics driven environment

  • Strong written and verbal communication

  • An ability to maintain confidentiality and a high level of discretion in all matters and interactions

  • Excellent organizational skills and ability to handle a high volume of work accurately and efficiently

  • Experience working with early-stage companies or startups a plus


Anzu Partners is committed to creating a diverse environment and is proud to be an equal opportunity employer. We encourage individuals of all backgrounds to apply.