Payroll Accountant

Summary

Join CoreWeave, a leading AI hyperscaler, as a Payroll Accountant! You will manage all aspects of payroll reconciliation, accruals, and journal entries. Responsibilities include managing payroll taxes, serving as a Payroll Specialist backup, and ensuring compliance. This role requires a Bachelor's degree in Accounting or Finance, 5+ years of payroll accounting experience, and proficiency in accounting software. CoreWeave offers a competitive salary, comprehensive benefits (including 100% employer-paid medical, dental, and vision), and a hybrid work environment.

Requirements

• Bachelor's degree in Accounting, Finance, or a related field
• 5+ years of experience of payroll accounting experience
• Working knowledge of payroll processes and how they impact P&L statements and balance sheets
• Proven experience as a Payroll Accountant, preferably using Rippling Payroll and Oracle NetSuite or similar systems
• Strong attention to detail and ability to maintain data accuracy and confidentiality
• Excellent organizational and time-management skills, with the ability to handle multiple priorities and meet strict deadlines
• Exceptional problem-solving and analytical abilities to address payroll accounting challenges effectively
• Proficiency in using accounting software, spreadsheets, and other relevant financial tools
• Strong communication and interpersonal skills to interact with employees and external parties in a professional manner
• Extensive experience with general accounting principles and practices

Responsibilities

• Work closely with the payroll processing team to address any discrepancies or issues related to payroll reconciliation or journal entry and resolve them promptly
• Review Quarterly payroll tax fillings for federal and states, work with representatives to resolve issues or notices
• Accrue payroll, bonus and benefit expenses at month end
• Review biweekly payroll journal entries integrated to the accounting system NetSuite, reconcile all payroll related GL accounts: Accruals, withholding, benefits, taxes, 401K and others
• Analyze monthly and quarterly payroll expenses and explain the flux
• Support SOX and statutory audits related to payroll
• Maintain GL mapping between payroll and accounting systems
• Reconciliation of cash accounts as they relate to payroll fees and refunds
• Record adjusting journal entries as needed
• Prepare flux analysis for payroll related accounts
• Monitor accounts for unexpected or unusual changes and research for a timely resolution
• Manage integration of data between payroll and accounting systems
• Validation of data related to employee department and location for accrual and reporting accuracy
• When necessary, calculate and process regular bi-weekly payroll including incentive compensation, SPIFFs and scheduled additional payments
• Research and resolve any payroll discrepancies that come through
• Maintain internal controls to safeguard payroll data and mitigate risks of errors or non-compliance
• Maintain accurate and organized payroll records, including employee information, timesheets, tax withholdings, and benefit deductions
• Stay informed of federal, state, and local payroll regulations, tax laws, and reporting requirements

Preferred Qualifications

• Experience with publicly traded companies is a plus
• Strong experience with LTI and accounting practices associated with the various types of stock

Benefits

• Medical, dental, and vision insurance - 100% paid for by CoreWeave
• Company-paid Life Insurance
• Voluntary supplemental life insurance
• Short and long-term disability insurance
• Flexible Spending Account
• Health Savings Account
• Tuition Reimbursement
• Mental Wellness Benefits through Spring Health
• Family-Forming support provided by Carrot
• Paid Parental Leave
• Flexible, full-service childcare support with Kinside
• 401(k) with a generous employer match
• Flexible PTO
• Catered lunch each day in our office and data center locations
• A casual work environment
• A work culture focused on innovative disruption
• Hybrid work environment
• Remote work considered for candidates outside 30 miles of office, depending on skills and experience