Global Payroll Director

7 days ago

Watertown, Massachusetts, United States Madrigal Pharmaceuticals Inc Full time
Director of Payroll Job Description

We are seeking an experienced Global Payroll Director to oversee and manage the end-to-end payroll operations for our US and expanding global workforce.

About Madrigal

Madrigal Pharmaceuticals Inc is a biopharmaceutical company pursuing novel therapeutics for non-alcoholic steatohepatitis (NASH), also known as metabolic dysfunction associated steatohepatitis (MASH). Our first therapy, Rezdiffra (resmetirom), was granted accelerated approval by the U.S. Food and Drug Administration (FDA) for the treatment of adults with NASH with moderate to advanced liver fibrosis.

The Director of Payroll will be responsible for overseeing and managing the end-to-end payroll operations for our US and expanding global workforce. This role requires deep expertise in both US and international payroll (specifically the EU), strong knowledge of compliance requirements, and experience managing complex payroll functions, including leading internal teams and managing relationships with external payroll service providers.

Salary

The estimated salary for this position is between $150,000 and $200,000 per year, depending on qualifications and experience.

Job Responsibilities
  1. Global Payroll Management: Oversee payroll operations across the US, EU, and other regions, ensuring timely and accurate processing of payroll for global employees.
  2. Systems Management: Administer and optimize payroll systems, with a focus on Workday and ADP, ensuring seamless integration between HR, finance, and accounting systems.
  3. Third-Party Providers: Manage relationships with multiple external payroll vendors, ensuring high levels of service, accuracy, and cost-effectiveness for both US and international payroll operations.
  4. Compliance & Tax Filings: Ensure compliance with federal, state, and local payroll laws in the US, as well as employment and tax regulations across EU countries and other regions as the company expands.
  5. Process Improvement: Identify and implement best practices for payroll processing and controls to streamline operations and improve efficiency across the organization.
  6. Cross-Functional Collaboration: Partner with the HR, finance, legal, and accounting teams to ensure alignment of payroll with employee data, compensation changes, benefits, and tax requirements.
  7. Audits & Reporting: Lead payroll audits, both internal and external, providing necessary documentation and ensuring payroll compliance. Prepare and analyze payroll reports for senior management, identifying key insights and trends.
Requirements
  • Bachelor's Degree (BA/BS) in related field
  • Minimum of 8-10 years of progressive experience in payroll management, with at least 5 years in a management role managing both US and international payroll-specifically EU and other regions outside the US.
  • Demonstrated expert knowledge of payroll laws, tax requirements, and compliance in both the US and EU.
  • Proven experience leading teams and working with third-party payroll providers like ADP and Workday; experience with Workday HRIS and ADP Payroll is strongly preferred.
  • Experience in the biotech/pharma industry in a fast scale-up environment of 750+ employees strongly preferred
  • Expert understanding of global payroll compliance requirements, including US state and labor laws, GDPR, and EU-specific payroll regulations.

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