Ocular Therapeutix, Inc.
Overview
Ocular Therapeutix, Inc. (NASDAQ:OCUL) is a biopharmaceutical company focused on the formulation, development, and commercialization of innovative therapies for diseases and conditions of the eye using its proprietary bioresorbable hydrogel-based formulation technology, ELUTYX. Ocular Therapeutix has built a robust product pipeline of drug delivery solutions developed to reduce the complexity and burden of the current standard of care and position itself to become a leader in the ophthalmic space.
Outside of the ophthalmic realm and behind the doors of our headquarters in Bedford, MA, we strive to build a strong culture where employees can flourish and achieve their career goals. We encourage out of the box thinking, cross-functional collaboration, and creativity.
Position Summary The Director Payroll and Equity
will manage and execute on all aspects of the processing of our constantly growing U.S. domestic multi-state payroll (+280 employees) and the administration of equity (stock options, restricted stock units, employee stock purchase plan (“ESPP”), etc.) that was and will be granted to our U.S. domestic employees. The position will report to the Corporate Controller and serve as a strong business partner to the HR and Legal teams.
The Director Payroll and Equity is expected to provide excellent “customer service” to our employees and serve as the first contact for any pay or equity-related questions and build out best-in-class processes to manage equity administration, ESPP and payroll and benefits for a rapidly growing company.
This individual will partner with HR to assure the timely calculation and administration of all incentive compensation, equity and benefit changes. This is the opportunity for an experienced Payroll and Equity leader to build out a team to support rapid expansion.
Principal Duties and Responsibilities
Own end-to-end processing of multi-state payrolls for salaried employees (semi-monthly) and hourly employees (bi-weekly) using ADP Workforce Now
Ensure compliance with federal, state, and local payroll, wage, and hour laws and best practices
Review and audit payroll data for accuracy, including compensation changes, bonuses, deductions, and terminations
Respond to payroll- and equity-related inquiries from our employees and resolve issues in a timely and professional manner
Prepare and review payroll reports, filings, and year-end forms (W-2s, 941s, etc.)
Ensure compliance with all federal, state and local reporting requirements
Assist with payroll, benefits, or workers’ compensation audits
Prepare customized reports using the ADP Workforce Now platform to support financial accounting and financial planning
Partner with HR and Legal on a variety of employee- and compensation-related matters and support calculation of equity and incentive compensation
Manage day-to-day equity administration, including the processing of grants, exercises, vesting, and terminations, in the Company’s equity management platform Shareworks
Maintain accurate equity records and ensure data integrity across payroll, Shareworks, and HR records
Coordinate with Legal and Finance on equity approvals, board consents, and compliance with equity plans
Reconcile equity transactions with the general ledger and assist in financial reporting related to stock-based compensation under U.S. GAAP (ASC 718)
Assist with year-end reporting, including 3921 filings and ESPP-related documents
Qualifications
Bachelor’s degree in Accounting, Finance, HR, or related field, CPP and/or CEP preferred
A minimum of 10 years of progressive experience in payroll and equity administration, with at least 3 years in a combined role, at least 5 years of experience with a public company is strongly preferred, ideally in the pharmaceutical, biotech, or life sciences industry
Strong understanding of U.S. payroll regulations at the level of federal and states (including, but not limited to, MA, NY, NJ, PA, OH, TX, CA), equity compensation, and tax implications
Experience at a commercial stage company supporting sales force expansion is a plus
Proficient in payroll systems, ideally ADP Workforce Now, and equity platforms, ideally Shareworks
General knowledge of stock-based compensation accounting (ASC 718)
Demonstrated team member who shows model collaborative behavior, ability to interact and communicate openly and effectively with the internal team, external partners, as well as work independently
Exceptional attention to detail and excellent organizational skills
Ability to thrive in a dynamic and fast-paced environment
A dynamic self-starter with a positive attitude
Ability to handle confidential information in a professional manner
Computer literacy, proficiency in MS Office
Ocular Therapeutix is an Equal Opportunity Employer and complies with all applicable federal, state, and local laws regarding nondiscrimination. Ocular Therapeutix provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, or status as a veteran. For information on how Ocular Therapeutix collects, stores, and utilizes candidate information please see our privacy policy found at https://www.ocutx.com/privacy-policy/ . For the Privacy Notice for California Job Applicants, please see CCPA Applicant Notice.
Voluntary Self-Identification For government reporting purposes, we ask candidates to respond to the below self-identification survey. Completion of the form is entirely voluntary and will not be considered in the hiring process or thereafter. Any information provided will be recorded and maintained in a confidential file. Ocular Therapeutix does not discriminate on the basis of protected status. See the policy for details.
Voluntary Self-Identification of Disability: Form CC-305; OMB Control Number 1250-0005; Expires 04/30/2026.
Why are you being asked to complete this form? We are a federal contractor or subcontractor and must measure our progress toward a goal of having a certain percentage of workers with disabilities. Completing this form is voluntary, your answers are confidential, and will not affect hiring decisions.
Disabilities include, but are not limited to: [list of disability examples as provided in the original text].
PUBLIC BURDEN STATEMENT: This survey should take about 5 minutes to complete.
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Outside of the ophthalmic realm and behind the doors of our headquarters in Bedford, MA, we strive to build a strong culture where employees can flourish and achieve their career goals. We encourage out of the box thinking, cross-functional collaboration, and creativity.
Position Summary The Director Payroll and Equity
will manage and execute on all aspects of the processing of our constantly growing U.S. domestic multi-state payroll (+280 employees) and the administration of equity (stock options, restricted stock units, employee stock purchase plan (“ESPP”), etc.) that was and will be granted to our U.S. domestic employees. The position will report to the Corporate Controller and serve as a strong business partner to the HR and Legal teams.
The Director Payroll and Equity is expected to provide excellent “customer service” to our employees and serve as the first contact for any pay or equity-related questions and build out best-in-class processes to manage equity administration, ESPP and payroll and benefits for a rapidly growing company.
This individual will partner with HR to assure the timely calculation and administration of all incentive compensation, equity and benefit changes. This is the opportunity for an experienced Payroll and Equity leader to build out a team to support rapid expansion.
Principal Duties and Responsibilities
Own end-to-end processing of multi-state payrolls for salaried employees (semi-monthly) and hourly employees (bi-weekly) using ADP Workforce Now
Ensure compliance with federal, state, and local payroll, wage, and hour laws and best practices
Review and audit payroll data for accuracy, including compensation changes, bonuses, deductions, and terminations
Respond to payroll- and equity-related inquiries from our employees and resolve issues in a timely and professional manner
Prepare and review payroll reports, filings, and year-end forms (W-2s, 941s, etc.)
Ensure compliance with all federal, state and local reporting requirements
Assist with payroll, benefits, or workers’ compensation audits
Prepare customized reports using the ADP Workforce Now platform to support financial accounting and financial planning
Partner with HR and Legal on a variety of employee- and compensation-related matters and support calculation of equity and incentive compensation
Manage day-to-day equity administration, including the processing of grants, exercises, vesting, and terminations, in the Company’s equity management platform Shareworks
Maintain accurate equity records and ensure data integrity across payroll, Shareworks, and HR records
Coordinate with Legal and Finance on equity approvals, board consents, and compliance with equity plans
Reconcile equity transactions with the general ledger and assist in financial reporting related to stock-based compensation under U.S. GAAP (ASC 718)
Assist with year-end reporting, including 3921 filings and ESPP-related documents
Qualifications
Bachelor’s degree in Accounting, Finance, HR, or related field, CPP and/or CEP preferred
A minimum of 10 years of progressive experience in payroll and equity administration, with at least 3 years in a combined role, at least 5 years of experience with a public company is strongly preferred, ideally in the pharmaceutical, biotech, or life sciences industry
Strong understanding of U.S. payroll regulations at the level of federal and states (including, but not limited to, MA, NY, NJ, PA, OH, TX, CA), equity compensation, and tax implications
Experience at a commercial stage company supporting sales force expansion is a plus
Proficient in payroll systems, ideally ADP Workforce Now, and equity platforms, ideally Shareworks
General knowledge of stock-based compensation accounting (ASC 718)
Demonstrated team member who shows model collaborative behavior, ability to interact and communicate openly and effectively with the internal team, external partners, as well as work independently
Exceptional attention to detail and excellent organizational skills
Ability to thrive in a dynamic and fast-paced environment
A dynamic self-starter with a positive attitude
Ability to handle confidential information in a professional manner
Computer literacy, proficiency in MS Office
Ocular Therapeutix is an Equal Opportunity Employer and complies with all applicable federal, state, and local laws regarding nondiscrimination. Ocular Therapeutix provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, or status as a veteran. For information on how Ocular Therapeutix collects, stores, and utilizes candidate information please see our privacy policy found at https://www.ocutx.com/privacy-policy/ . For the Privacy Notice for California Job Applicants, please see CCPA Applicant Notice.
Voluntary Self-Identification For government reporting purposes, we ask candidates to respond to the below self-identification survey. Completion of the form is entirely voluntary and will not be considered in the hiring process or thereafter. Any information provided will be recorded and maintained in a confidential file. Ocular Therapeutix does not discriminate on the basis of protected status. See the policy for details.
Voluntary Self-Identification of Disability: Form CC-305; OMB Control Number 1250-0005; Expires 04/30/2026.
Why are you being asked to complete this form? We are a federal contractor or subcontractor and must measure our progress toward a goal of having a certain percentage of workers with disabilities. Completing this form is voluntary, your answers are confidential, and will not affect hiring decisions.
Disabilities include, but are not limited to: [list of disability examples as provided in the original text].
PUBLIC BURDEN STATEMENT: This survey should take about 5 minutes to complete.
#J-18808-Ljbffr